Latest cybersecurity reporting from selected sources.

Bank of Ireland's Francis Gorman Shares Strategies for Successful Quantum MigrationMost organizations give the migration to quantum-safe cryptography to the CISO. But that puts a cross-business change in the wrong hands. Accountability belongs with senior leaders who can influence the whole enterprise, says Francis Gorman, head of Bank of Ireland's security center of excellence.

Datos Insights' Serpil Hall on Using Predictive AML Tools to Support ComplianceInstant payments are reshaping financial crime controls as speed and the irreversibility of transactions strain anti-money laundering compliance programs. While many assume real-time AML means faster processing, this approach can increase risk, said Serpil Hall, strategic advisor at Datos Insights.

Talcott Financial Group's Dalavi on Oracle to Azure Migration and AI InnovationTalcott Financial Group's move from a dual-cloud setup to a unified Azure environment is reshaping performance, efficiency and AI readiness, says Sudhakar Dalavi, head of software engineering. He explains how data unification and continuous learning drive the next phase of innovation.

Cyber Leaders Address AI Threats, Compliance Resilience, Zero TrustFrom AI‑driven fraud schemes to tightening regulations and identity threats, ISMG's New York Fraud Prevention and Financial Cybersecurity Summits brought together CISOs, investigators and risk leaders to share practical strategies for strengthening defenses and building true resilience.

Bug bounty programs create formal channels for organizations to leverage external security expertise, offering researchers legal protection and financial incentives for ethical vulnerability disclosure.

Guess how much of our direct transatlantic data capacity runs through two cables in Bude? Feature The first transatlantic cable, laid in 1858, delivered a little over 700 messages before promptly dying a few weeks later. 167 years on, the undersea cables connecting the UK to the outside world process £220 billion in daily financial transactions. Now, the UK Parliament's Joint Committee on National Security Strategy (JCNSS) has told the government that it has to do a better job of protecting them.…

Financial Institutions Break Down Silos to Combat Faster, AI-Powered ThreatsBanks face AI-powered fraud attacks and stricter compliance demands. Unified platforms that integrate security, fraud detection and compliance help institutions respond faster while empowering human analysts to focus on strategic decisions.

Barclays' Becky Pinkard on Regulation, Containment, Leadership and AIRegulatory pressure has made cyber resilience an operational necessity. Becky Pinkard, managing director, global cyber operations at Barclays, discusses how social engineering, containment strategies, leadership practices and automation shape stronger defenses.

As financial institutions continue to embrace digital transformation, their success will depend on their ability to establish and maintain robust and responsible cybersecurity practices.

How Strong AML and Fraud Prevention Controls Can Differentiate Your Fintech and Help You ScaleAs fintechs and financial institutions navigate an increasingly complex payments ecosystem, robust AML and fraud prevention controls are no longer just a compliance necessity—they’re a strategic advantage. Discover how risk-based frameworks, intelligent detection systems, and stronger partnerships can enhance trust, streamline operations, and safeguard against evolving financial crime threats.

Chapter 11 Looms as Eric Gan Seeks Custodian and Liberty, SoftBank Block FinancingCybereason faces a crisis as a boardroom deadlock halts financing efforts. CEO Eric Gan and his family firm seek a custodian to halt the impasse, alleging SoftBank and Liberty Strategic Capital are prioritizing control over the company’s financial stability. Without urgent funding, bankruptcy looms.

Orange Cyberdefense found that over half of UK financial firms suffered at least one third-party attack in 2024, linked to significant gaps in risk management strategies

Paris IT Services Giant Reduces Debt by 2.1 Billion EurosFrench IT services giant Atos announced Thursday the completion of a financial restructuring plan designed to help the debt-ridden company stay afloat. "With no debt maturing before the end of 2029, Atos has the resources and flexibility to implement its mid-term strategy," the company said.

Report: Financial Orgs Shift to Multi-Cloud to Address Cyber Threats and RegulationFinancial institutions are increasingly adopting multi-cloud strategies to mitigate rising cyber risks and comply with complex regulations, according to a new report. Although the move enhances flexibility and disaster recovery, challenges remain, from implementation costs to a growing skills gap.

Report: Financial Orgs Shift to Multi-Cloud to Address Cyber Threats and RegulationFinancial institutions are increasingly adopting multi-cloud strategies to mitigate rising cyber risks and comply with complex regulations, according to a new report. The move enhances flexibility and disaster recovery, though challenges remain, from implementation costs to a growing skills gap.

CEO Anand Eswaran Talks Investors, Innovation and Data Resilience LeadershipCEO Anand Eswaran explains how Veeam's $2 billion secondary offering strengthens its financial position as the data resilience vendor prepares for an initial public offering. He discusses the company’s commitment to innovation and strategic pacts with Splunk, CrowdStrike and Palo Alto Networks.

Nov. 7 Summit to Confront the Next Generation of Financial Cyber RisksISMG’s 2024 Financial Services Cybersecurity Summit kicks off Thursday in New York City, bringing together industry leaders and cyber experts to explore critical defense strategies, including digital identity protection, SecOps transformation and realistic threat simulations.

Strategies for Safeguarding Data and Reputation at Financial InstitutionsIn today's increasingly digital world, trust isn't always easy to come by. Businesses no longer have complete control over their technology stack. Instead, they rely heavily on third-party solutions, applications and products to keep operations running smoothly. But those third parties pose risks.

Agency Details AI Cybersecurity Risks, Prevention, Mitigation StrategiesFinancial regulators with the state of New York on Wednesday published guidance to help organizations identify and mitigate cybersecurity threats related to artificial intelligence. The New York State Department of Financial Services said it's not imposing new requirements.

As cyber threats loom large and data breaches continue to pose increasingly significant risks. Organizations and industries that handle sensitive information and valuable assets make prime targets for cybercriminals seeking financial gain or strategic advantage.  Which is why many highly regulated sectors, from finance to utilities, are turning to military-grade cyber defenses to safeguard