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News
Anthropic’s Mythos Test Raises New Concerns About Social Engineering
2+ hour, 52+ min ago (434+ words) A recent test of Anthropic’s Mythos model has raised a question for the cybersecurity industry—as AI systems become more capable, will defenders need to prepare not only for criminals using AI, but also for AI agents that can independently…...
Apple Faces Lawsuit Over Fake Crypto App in App Store
5+ day, 3+ hour ago (175+ words) Three people are suing Apple after allegedly losing a combined $1.8 million to a fake cryptocurrency wallet app that was available in the App Store, intensifying scrutiny of the company’s longstanding claims that its tightly controlled marketplace is safer than rival…...
How AI Is Testing the Limits of Credit Card Compliance
5+ day, 5+ hour ago (742+ words) Using a credit card to make online purchases Enjoy shopping from your computer, laptops and mobile phones using a credit card. Artificial intelligence is giving credit card issuers new ways to improve underwriting, detect fraud, and assess risk. But the…...
The Missing Piece in Banks’ Identity Protection Strategy
1+ week, 5+ day ago (567+ words) Every bank wants to earn its customers’ trust. Today, protecting customers’ identities is just as important to earning that trust as safeguarding their money. Too many financial institutions, however, still treat identity protection as an afterthought. They fail to recognize…...
The AR/AP Process Is Increasingly Exploited by AI-Driven Fraud
1+ mon, 4+ day ago (368+ words) Serious project manager showing presentation on laptop to colleague or boss in office. Medium shot, front view. Teamwork and communication concept One common tactic is the use of AI-generated deepfakes to manipulate employees. While many of these fake audio or…...
Are Banks Fully Unlocking Their Data Gold Mine?
1+ mon, 1+ week ago (692+ words) The Goldilocks Principle and Banking Financial institutions are sitting on vast reservoirs of customer and transaction data—but for many, that data still behaves more like scattered archives than a strategic asset. As banks look to compete on personalization and…...
Preparing for Quantum Day and the Risks to Modern Cryptography
1+ mon, 3+ week ago (805+ words) A few years ago, Quantum Day was estimated to occur sometime between 2030 and 2040. However, rapid progress—particularly in countries like Korea—suggests that this timeline may be compressing. Many regulators are now urging organizations to be fully prepared by 2030, which…...
SoftBank and OpenAI Team Up on AI-Fueled Enterprise Cybersecurity
1+ mon, 2+ week ago (305+ words) A futuristic robot hand presents financial growth indicators in a modern office setting. The blurred urban background enhances the high-tech atmosphere of the scene. Auvana SoftBank Group is working with OpenAI on a cybersecurity offering that uses advanced AI to…...
The Post-Password Era: Rethinking Authentication in Financial Services
1+ mon, 2+ week ago (688+ words) Passwords are failing us. Once the backbone of digital security, they’ve become predictable, forgettable, and increasingly vulnerable—especially in the age of artificial intelligence. Hackers can crack them faster than users can remember them, leaving financial institutions exposed and customers…...
AI Uncovered Critical Flaw in Crypto Built for Security
1+ mon, 2+ week ago (346+ words) Pensive woman developing software in Java programming language using desktop PC, examining. Contemplative programmer in apartment thinking how to solve coding issues on computer The latest warning about AI’s cybersecurity implications didn’t come from a successful cyberattack, but from a…...