Tag: finance
-
FTC warns 12 major tech firms of violating Take It Down Act
The law mandates that platforms make it easy for people to ask that nonconsensual intimate images be removed and to delete them within 48 hours of a request. First seen on therecord.media Jump to article: therecord.media/ftc-warns-12-firms-of-violating-take-it-down-act
-
Texas, Florida top list of states reporting millions of dollars lost through crypto ATMs
In most complaints, victims said they were given detailed information by fraudsters on how to take money from their bank account, where to find a cryptocurrency kiosk and how to send the funds. First seen on therecord.media Jump to article: therecord.media/texas-florida-top-list-of-crypto-atm-scam-losses
-
AI Botnets Drive Surge in Financial Sector DDoS Attacks
Akamai Links Attack Growth to AI-Enabled Botnets and Hacktivists. Akamai says AI-enabled botnets, geopolitical hacktivism and financially motivated cybercriminals drove a massive rise in DDoS, API and web attacks against global financial services firms in 2025, with banks suffering the majority of incidents. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/ai-botnets-drive-surge-in-financial-sector-ddos-attacks-a-31730
-
AI Botnets Drive Surge in Financial Sector DDoS Attacks
Akamai Links Attack Growth to AI-Enabled Botnets and Hacktivists. Akamai says AI-enabled botnets, geopolitical hacktivism and financially motivated cybercriminals drove a massive rise in DDoS, API and web attacks against global financial services firms in 2025, with banks suffering the majority of incidents. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/ai-botnets-drive-surge-in-financial-sector-ddos-attacks-a-31730
-
Banana RAT Malware in Fake Invoices Hits Customers at 16 Brazilian Banks
Banana RAT malware hidden in fake invoices and security update screens targets customers at 16 Brazilian banks stealing data with QR fraud. First seen on hackread.com Jump to article: hackread.com/banana-rat-malware-fake-invoices-16-brazilian-banks/
-
Single-Letter Go Module Typosquat Drops DNS-Based Backdoor
A newly uncovered software supply chain attack targeting Go developers demonstrates how a single-character typo can silently introduce a persistent backdoor. A malicious Go module, github.com/shopsprint/decimal, designed to impersonate the widely trusted github.com/shopspring/decimal library used for high-precision arithmetic in financial and analytics applications. The legitimate package is heavily adopted across the Go ecosystem, with more than 38,000 known…
-
7 tips for accelerating cyber incident recovery
Tags: attack, awareness, backup, breach, business, ceo, cio, ciso, cloud, communications, control, cyber, cybersecurity, data, defense, finance, framework, governance, incident, incident response, infection, insurance, international, lessons-learned, malicious, malware, monitoring, nist, risk, service, technology, threat, updateEmphasize scoping and containment from the outset: Because you can’t recover from what you can’t stop, scoping and containment should be the absolute first priority during incident recovery, says Amit Basu, CIO and CISO at freight shipping firm International Seaway.”Before anything else, you must stop the bleeding,” he says. This means understanding the true scope…
-
Interpol leads cybercrime crackdown across 13 countries in Middle East, North Africa
Operation Ramz resulted in 201 arrests and disrupted phishing services, malware and financial scams. First seen on cyberscoop.com Jump to article: cyberscoop.com/interpol-operation-ramz-middle-east-north-africa/
-
Experts warn of privacy risks as AI firms looks to connect to financial accounts
OpenAI announced Friday that it is rolling out a new ChatGPT feature allowing users to connect all of their financial accounts to the chatbot for personal finance advice. First seen on therecord.media Jump to article: therecord.media/experts-warn-of-privacy-cyer-risks-ai-finance
-
Experts warn of privacy risks as AI firms looks to connect to financial accounts
OpenAI announced Friday that it is rolling out a new ChatGPT feature allowing users to connect all of their financial accounts to the chatbot for personal finance advice. First seen on therecord.media Jump to article: therecord.media/experts-warn-of-privacy-cyer-risks-ai-finance
-
Paper Werewolf APT Spreads EchoGather RAT via Fake Adobe Installer
A sophisticated Russian-language threat cluster known asPaper Werewolf(also tracked as GOFFEE) has launched a fresh wave of targeted cyberattacks against Russian industrial, financial, and transport organizations between March and April 2026. The attack begins with a phishing email carrying a PDF attachment. Embedded inside the PDF is a URL pointing to a ZIP archive named…
-
Bank of England, FCA and Treasury Raise Alarm Over Frontier AI
The UK’s financial authorities have set expectations for the sector on cybersecurity and operational resilience First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/bank-england-fca-treasury-alarm/
-
Closing the Gap: The Regulatory and Structural Maturation of Digital Assets
Digital assets are reshaping global finance as institutions adopt regulated crypto infrastructure, stablecoins, and tokenized assets. First seen on hackread.com Jump to article: hackread.com/regulatory-structural-maturation-of-digital-assets/
-
Here’s how the FTC plans to enforce the Take It Down Act
Tags: financeThe commission will dole out hefty fines and promises investigations for Take It Down Act violators. Experts say questions remain around the agency’s resources and priorities. First seen on cyberscoop.com Jump to article: cyberscoop.com/ftc-take-it-down-act-enforcement-deepfakes/
-
Jaguar Land Rover profit slumps after cyber attack
The financial impact of last year’s cyber attack on Jaguar Land Rover continues to be felt, with full-year sales and profits at the carmaker way down First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366643119/Jaguar-Land-Rover-profit-slumps-after-cyber-attack
-
ECB: AI Means European Banks Must Hasten Cybersecurity Pace
France’s Mistral Makes Digital Sovereignty Case for a European Mythos. The European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models’ cyber capabilities appear to be accelerating. First seen on govinfosecurity.com Jump to…
-
ECB: AI Means European Banks Must Hasten Cybersecurity Pace
France’s Mistral Makes Digital Sovereignty Case for a European Mythos. The European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models’ cyber capabilities appear to be accelerating. First seen on govinfosecurity.com Jump to…
-
ECB: AI Means European Banks Must Hasten Cybersecurity Pace
France’s Mistral Makes Digital Sovereignty Case for a European Mythos. The European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models’ cyber capabilities appear to be accelerating. First seen on govinfosecurity.com Jump to…
-
Understanding the Hidden Cost of Faster Payments
As Regulators Tighten Liability Rules, Banks Face Pressure to Justify Fraud Losses. So far, banks have managed to strike a balance between fraud prevention and customer convenience, often accepting a certain level of loss rather than introducing controls that could slow payments, increase false declines or drive customers to competitors. First seen on govinfosecurity.com Jump…
-
Your iPhone Gets Stolen. Then the Hacking Begins
A bustling underground ecosystem is providing criminals with the tools to unlock iPhones”, and wage phishing attacks against their contacts to access bank accounts and more. First seen on wired.com Jump to article: www.wired.com/story/your-iphone-gets-stolen-then-the-hacking-begins/
-
What CISOs need to land a board role
Tags: business, ciso, control, corporate, cyber, cybersecurity, finance, governance, government, intelligence, jobs, resilience, risk, skills, strategy, trainingTips for CISOs aiming for a board role: For CISOs interested in contributing to global vendor boards, Morelli advises focusing on becoming a partner, not just a customer. This requires the ability to articulate how a product’s evolution impacts the risk profile of an entire sector.For non-industry or public boards, CISOs must be comfortable contributing…
-
Lyrie.ai Unveils Open Standard for Agent Security and Joins Anthropic’s Cyber Verification Program
DUBAI, UAE, May 14, 2026, As autonomous AI agents begin to handle everything from corporate bank transfers to sensitive code deployments, the digital world is facing a new >>Wild West<< scenario: millions of autonomous entities operating without a badge or a passport. Today, OTT Cybersecurity LLC (the architects behind Lyrie.ai) announced a dual-milestone […] The…
-
US bank discloses security lapse after sharing customer data with AI app
Community Bank, which operates in Pennsylvania, Ohio, and West Virginia, disclosed a cybersecurity incident that exposed customers’ names, dates of birth, and Social Security numbers. First seen on techcrunch.com Jump to article: techcrunch.com/2026/05/12/us-bank-discloses-security-lapse-after-sharing-customer-data-with-ai-app/
-
OpenAI Unlocks Cybersecurity Model for Europe
German Financial Regulator Warns Sector to Step Up Defenses. OpenAI is stepping up to do what arch-rival Anthropic still won’t. The AI firm will give European authorities and companies access to its new vulnerability-finding AI model, so they can beef up their cybersecurity. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/openai-unlocks-cybersecurity-model-for-europe-a-31664
-
U.S. bank disclose security lapse after sharing customer data with AI app
The bank said the security lapse was due to the use of an “unauthorized” AI software app. First seen on techcrunch.com Jump to article: techcrunch.com/2026/05/12/u-s-bank-disclose-security-lapse-after-sharing-customer-data-with-ai-app/
-
Banks Face a Growing AI Risk at the Database Layer
Researchers warn that banks may be overlooking AI risks at the database layer. First seen on esecurityplanet.com Jump to article: www.esecurityplanet.com/threats/banks-face-a-growing-ai-risk-at-the-database-layer/