ZeroFox Physical Security Intelligence Daily Brief: July 27, 2024

ZeroFox Physical Security Intelligence Daily Brief - July 27, 2024

ZeroFox physical security experts collect, curate, and analyze information derived from open and proprietary sources for comprehensive context of the circumstances surrounding global events. Here is today’s daily roundup of major developments.

Brief Highlights

• France’s Train Network Hit by Arson Attacks Hours Before Olympic Ceremony
• Fitch Ratings Downgrades Ukraine's Credit Rating from CC to C
• Student Groups in Bangladesh Extend Protest Moratorium for Another 48 Hours

France’s Train Network Hit by Arson Attacks Hours Before Olympic Ceremony

Saboteurs targeted France's TGV high-speed train network in several attacks where they reportedly sabotaged signal boxes along railway lines connecting Paris with certain cities like Lille, Bordeaux, Strasbourg, and Marseille. The attacks have caused France to up security in certain areas, while the damage caused have reportedly left many people stranded at stations. France is currently conducting investigations to unearth the perpetrators involved. Prime Minister Gabriel Attal has commented that “this operation was prepared, coordinated, that nerve centers were targeted, which shows a certain knowledge of the network to know where to strike.”

Fitch Ratings Downgrades Ukraine's Credit Rating from CC to C

Fitch Ratings downgraded Ukraine's long-term foreign currency issuer default rating to "C" (default imminent) from "CC" (default likely). This change comes after Ukraine reached a deal with creditors to restructure its international debt earlier this week. Fitch explained the deal itself "marks the beginning of a process similar to default."

Student Groups in Bangladesh Extend Protest Moratorium for Another 48 Hours

Student groups behind recent violence in Bangladesh announced a 48-hour extension for their protest moratorium, originally meant to expire on July 25. Nearly 200 people have died in recent weeks in some of the worst violence in Bangladesh in years, after student groups led a call to eliminate a government job quota system. While the Supreme Court largely granted that wish on July 21, protesters’ demands have expanded to include the resignation of certain government ministers, among other grievances. Protest leaders may issue a call to resume protests if they perceive their demands will go unfulfilled.