Latest cybersecurity reporting from selected sources.

ACAMS' Shilpa Arora on Global Financial Vulnerabilities and Regulatory ChallengesGeopolitical tensions have heightened cross-border fraud, with criminals exploiting technological advances and regulatory gaps between countries. Shilpa Arora, head of anti-financial crime products at ACAMS, discusses ways banks can tackle cross-border fraud schemes.

Financial Conduct Authority claims economic hardship is making consumers more vulnerable to loan fee fraud

Researchers discovered the vulnerability in an API already integrated into many bank systems, which could have defrauded millions of users by giving attackers access to their funds.