Tag: finance
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Workado settles with FTC over allegations it inflated its AI detectors’ capabilities
Workado publicly claimed its AI content detector could accurately determine whether a piece of text was generated by AI in 98% of cases. The FTC said its “no better than a coin flip.” First seen on cyberscoop.com Jump to article: cyberscoop.com/ftc-workado-settlement-ai-detector-false-and-misleading-claims/
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Handelskonzern stoppt Zahlungen: Das Paypal-Chaos dauert an
Tags: financeNach einer vor Tagen behobenen Paypal-Störung warten zahlreiche Händler noch immer auf ihr Geld. Der Handelsriese Otto zieht Konsequenzen. First seen on golem.de Jump to article: www.golem.de/news/handelskonzern-stoppt-zahlungen-das-paypal-chaos-dauert-an-2508-199638.html
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Cybercrime increasingly moving beyond financial gains
Tags: attack, awareness, business, ciso, computer, corporate, cyber, cyberattack, cybercrime, cybersecurity, defense, disinformation, espionage, finance, government, group, hacker, hacking, incident response, infrastructure, intelligence, iran, malicious, military, network, ransom, ransomware, risk, risk-analysis, russia, strategy, theft, threat, tool, ukraine, vulnerability, wormsrcset=”https://b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?quality=50&strip=all 892w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=223%2C300&quality=50&strip=all 223w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=768%2C1033&quality=50&strip=all 768w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=761%2C1024&quality=50&strip=all 761w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=518%2C697&quality=50&strip=all 518w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=125%2C168&quality=50&strip=all 125w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=62%2C84&quality=50&strip=all 62w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=357%2C480&quality=50&strip=all 357w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=268%2C360&quality=50&strip=all 268w, b2b-contenthub.com/wp-content/uploads/2025/08/Patricia-Alonso.png?resize=186%2C250&quality=50&strip=all 186w” width=”761″ height=”1024″ sizes=”auto, (max-width: 761px) 100vw, 761px”> Incibe. En la imagen, Patricia Alonso GarcÃa.”We are very redundant when talking about cybercrime, because we always associate it with economic motivations,” says Hervé Lambert, global consumer operations…
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Nach Paypal-Ausfall: Europäische Alternativen zu Paypal gefordert
Tags: financePolitiker verschiedener Parteien wollen nach dem Paypal-Ausfall am Wochenende eine europäische Alternative. First seen on golem.de Jump to article: www.golem.de/news/nach-paypal-ausfall-europaeische-alternativen-zu-paypal-gefordert-2508-199616.html
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How Gainesville Regional Utilities is locking down vendor risk
Tags: access, breach, business, cio, ciso, compliance, conference, cyber, data, finance, group, HIPAA, infrastructure, malicious, penetration-testing, risk, risk-assessment, risk-management, service, soc, strategy, threat, vulnerabilityIntake and triage: The requesting business unit submits an intake form detailing the vendor’s responsibilities, the IT service involved, the types of data needed, and any required system access. The IT security team then conducts an initial risk triage.Detailed assessment: If the vendor poses a moderate or high risk, it must complete a security questionnaire…
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How ACI Worldwide Plans to Take APP Scams Head-On – Part 2
XML-Based Messaging Tech Extends Fraud Detection Into Wider Bank Use Cases. ACI’s signals network intelligence harnesses neural networks and federated machine learning to spot fraud in real time without banks sharing data. Beyond fraud detection, its insights can drive business growth from other business units, and ACI aims to accelerate adoption by making it open…
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Euro banks block billions in rogue PayPal direct debits after fraud glitch
US payments platform back in action, says it’s informing affected customers First seen on theregister.com Jump to article: www.theregister.com/2025/08/28/euro_banks_block_paypal_direct_debits/
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Dienstunterbrechung – Banken stoppen Paypal-Zahlungen in Milliardenhöhe
Tags: financeFirst seen on security-insider.de Jump to article: www.security-insider.de/paypal-dienstunterbrechung-faelschungen-lastschrift-a-b70f1e01eb17d02a9fbd24c0aa96dc92/
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KnowBe4 Report Reveals Global Financial Sector Faces Unprecedented Cyber Threat Surge
Tags: ai, attack, credentials, cyber, cybersecurity, finance, risk, risk-management, supply-chain, theft, threat, vulnerabilityKnowBe4, the human risk management cybersecurity platform, has released its latest research paper >>Financial Sector Threats Report,
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Chinese Hacker Suspect Arrested in South Korea Over Major Financial Cyberattack
South Korean authorities have successfully extradited a key suspect in a large-scale hacking operation that resulted in the embezzlement of over 38 billion won (approximately $28.5 million USD) from high-profile victims. The individual, identified as Mr. G, a 34-year-old Chinese national, was repatriated from Thailand to Incheon International Airport on August 22, 2025, marking the…
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Paypal Service-Unterbrechung (August 2025); Banken verweigern Zahlungen
Seit Berichte über einen Paypal-Kontenhack durch die Medien gehen, scheint es, dass Banken Lastschriften über Paypal verweigern. Der Dienst hat zumindest einen Hinweis veröffentlicht, dass es “am Wochenende” (16.8.2025) zu “Serviceunterbrechungen” und fehlgeschlagenen Banktransaktionen geführt hat. Angebliches Paypal-Datenleck Vor einer … First seen on borncity.com Jump to article: www.borncity.com/blog/2025/08/28/paypal-service-unterbrechung-banken-verweigern-zahlungen/
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TDL001 – Cybersecurity Explained: Privacy, Threats, and the Future – Chester Wisniewski
Tags: access, ai, attack, backdoor, breach, business, ciso, computer, country, crime, crimes, cyber, cybercrime, cybersecurity, data-breach, defense, detection, edr, email, finance, firewall, gartner, government, guide, hacker, hacking, Hardware, infosec, Internet, jobs, linkedin, mail, malicious, microsoft, military, monitoring, network, password, phishing, phone, privacy, programming, ransomware, risk, russia, scam, skills, software, sophos, spam, sql, strategy, switch, technology, threat, update, virus, vulnerability, wifi, windowsSummary “The Defenders Log” Episode 1 features host David Redekop and guest Chet Wisniewski discussing the dynamic world of cybersecurity. Wisniewski, with decades of experience, traces his journey from early BBS and phone network exploration to becoming a cybersecurity expert. They delve into the evolution of hacking, the emergence of profitable cybercrime like email spam,…
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Safety-critical industries wary about using AI for cybersecurity
Finance, tech and professional services are among the sectors with the widest adoption of AI-based security tools, according to a new report. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/artificial-intelligence-cybersecurity-tools-business-adoption-survey-arctic-wolf/758698/
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Paypal-Datenleck: Was du jetzt tun solltest
First seen on t3n.de Jump to article: t3n.de/news/paypal-leck-was-du-tun-solltest-1703117/
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Sicherheitssystem ausgefallen: Banken blockieren unzählige Paypal-Zahlungen
Tags: financeBerichten zufolge ist bei Paypal ein System zur Erkennung betrügerischer Aktivitäten ausgefallen. Mehrere Banken reagieren mit blockierten Zahlungen. First seen on golem.de Jump to article: www.golem.de/news/sicherheitssystem-ausgefallen-banken-blockieren-unzaehlige-paypal-zahlungen-2508-199555.html
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77 Malicious Android Apps With 19M Downloads Targeted 831 Banks Worldwide
Zscaler reports 77 Android apps on Google Play with 19 million installs spread malware, hitting 831 banks and… First seen on hackread.com Jump to article: hackread.com/77-malicious-android-apps-19-million-install-banks/
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How ACI Worldwide Plans to Take APP Scams Head-On – Part 1
ACI Worldwide’s Signals Network Intelligence Technology Promises to Fight APP Scams. Real-time payments are set to boost global GDP by $285.8 billion and bring 167 million people into the financial system by 2028. ACI Worldwide says real-time fraud prevention is key to protecting these gains. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/how-aci-worldwide-plans-to-take-app-scams-head-on-part-1-a-29293
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Google Introduces Enhanced Developer Verification for Play Store App Distribution
Google has announced that all Android apps installed on approved devices will soon need to be able to be traced back to a verified developer identity in an effort to combat the growing wave of financial fraud operations and mobile viruses. The policy, scheduled to roll out in select high-risk regions in 2025 before global…
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Alarm bei PayPal-Kunden: 15,8 Millionen Zugangsdaten im Darknet aufgetaucht
First seen on datensicherheit.de Jump to article: www.datensicherheit.de/alarm-paypal-kunden-158-millionen-zugangsdaten-darknet
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Behind the Coinbase breach: Bribery emerges as enterprise threat
Coinbase’s widely praised incident response: Coinbase’s transparency, firm stance against the ransom, quick remediation, and willingness to compensate its customers earned wide praise from cybersecurity professionals.According to Coinbase’s Martin, the hackers resorted to paying help desk workers in India precisely because the company had built such a robust security program. Bribery, according to Martin, was…
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French Retailer Auchan Hit by Cyberattack, Customer Data Compromised
French retail giant Auchan announced on August 21 that it fell victim to acyberattackthat resulted in the theft of loyalty account information belonging toseveral hundred thousandcustomers. The company revealed in an official statement that attackers accessed personal data such as names, postal and email addresses, phone numbers, and loyalty card numbers. Crucially, financial data”, including…
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French Retailer Auchan Hit by Cyberattack, Customer Data Compromised
French retail giant Auchan announced on August 21 that it fell victim to acyberattackthat resulted in the theft of loyalty account information belonging toseveral hundred thousandcustomers. The company revealed in an official statement that attackers accessed personal data such as names, postal and email addresses, phone numbers, and loyalty card numbers. Crucially, financial data”, including…
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Cyberangriffe auf Industrieanlagen: Neuer Bericht warnt vor Schäden in Milliardenhöhe
Industrieanlagen und kritische Infrastrukturen stehen weltweit vor einer massiven, oft unterschätzten Gefahr. Der aktuelle 2025 OT Security Financial Risk Report von Dragos und Marsh McLennan berechnet erstmals mithilfe statistischer Modelle das finanzielle Risiko von OT-Cybervorfällen und zeigt, welche Sicherheitsmaßnahmen den größten Schutz bieten [1]. Er ist damit ein zentrales Werkzeug für Unternehmensleitungen, Versicherer und Sicherheitsteams….…
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FTC Chair Tells Tech Giants to Hold the Line on Encryption
The chairman sent letters out to companies like Apple, Meta, and Microsoft, advising them not to adhere to the demands of foreign governments to weaken their encryption. First seen on darkreading.com Jump to article: www.darkreading.com/cybersecurity-operations/ftc-chair-tech-giants-encryption
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Australian Bank Backtracks on AI-Led Job Cuts
Country’s Largest Lender Bank Offers to Reinstate 45 ‘Redundant’ Workers. Commonwealth Bank of Australia reversed plans to eliminate 45 call center positions after its chatbots failed to reduce customer service volume as promised, forcing the bank to offer overtime to remaining staff while facing union challenges over what may have been disguised outsourcing to India.…
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Australian Bank Backtracks on AI-Led Job Cuts
Country’s Largest Lender Bank Offers to Reinstate 45 ‘Redundant’ Workers. Commonwealth Bank of Australia reversed plans to eliminate 45 call center positions after its chatbots failed to reduce customer service volume as promised, forcing the bank to offer overtime to remaining staff while facing union challenges over what may have been disguised outsourcing to India.…
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Need help with AI safety? Stay ahead of risks with these tools and frameworks
Tags: advisory, ai, best-practice, business, cloud, compliance, conference, control, cybersecurity, finance, framework, governance, government, group, healthcare, intelligence, microsoft, privacy, resilience, risk, service, skills, strategy, technology, toolComprehensive AI readiness lists for organizations to evaluate how prepared they really are for AI.Usage guidelines that align with existing security and governance practices.Strategies for how to tackle AI ethical risks like bias and transparency.AI security instructions for how to use AI safely to strengthen cybersecurity.Attack resilience guidelines for understanding how AI systems can be…
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2025 CSO Hall of Fame: Meg Anderson on AI, strategic security investments, and life after InfoSec
Tags: ai, automation, business, ciso, conference, cyber, cybersecurity, finance, infosec, jobs, metric, phishing, programming, risk, risk-management, software, strategy, technology, threat, toolWhich technologies are you most cautious about from a CISO’s point of view, and why?: Meg Anderson: I’m cautious of “solutions” that don’t solve a strategic problem. CISOs only have so much budget and mindshare. You need to understand where a tool fits in your investment and strategic roadmap. There were times when my team…