Five Eyes spooks warn AI means infosec incidents can become ‘major operational and financial crises’
Bosses told to step up and get cybersecurity right
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Bosses told to step up and get cybersecurity right
Chatbot has no respect for timing of its maker's financial announcement
Volume and sensitivity of the data cited as chief concerns
Who needs MFA when you've got EvilTokens? Hundreds of organizations have been compromised daily by a Microsoft device-code phishing campaign that uses AI and automation at nearly every stage of the attack chain to ultimately snoop through corporate email inboxes and steal financial data.…
AI helped send weekly threat signal count from 80 million to 400 billion, then helped response time shrink from two days to 30 minutes Australia’s Commonwealth Bank built its own agentic AI threat hunting tools, because vendors are too slow to develop tools that can cope with emerging AI-powered threats, according to General Manager of Cyber Defence Operations Andrew Pade.…
Interpol says fraud schemes using the tech are 4.5x more profitable AI is apparently good for the bottom line if your business is crime. Financial fraud schemes carried out with the help of artificial intelligence are 4.5 times more profitable than those that aren't enhanced, according to Interpol's latest estimates.…
PLUS: Unpatched Ivanti boxes under attack; 0APT might not be a scam; AI gets better at helping cyber-scum; And more Infosec In Brief An unknown attacker accessed the French government’s database listing every bank account in the country and made off with 1.2 million records.…
It's not just big tech anymore The North Korean IT worker threat extends well beyond tech companies, with fraudsters interviewing at a "surprising" number of healthcare orgs, according to Okta Threat Intelligence.…
No, really, those are the magic words A clever AI bug hunter found a way to trick ChatGPT into disclosing Windows product keys, including at least one owned by Wells Fargo bank, by inviting the AI model to play a guessing game.…
The financial sector is adept at balancing risk and opportunity. Adversarial AI is its next big challenge Partner content From the use of ATMs to online banking, the financial services sector has always been at the forefront of technology. Now, it's leading the charge in AI. In their third annual survey of financial institutions the Bank of England and Financial Conduct Authority found 75% of companies already using AI with another 10% planning to do so over the next three years.…
Enhancing API security for financial institutions Partner Content Open banking has revolutionized financial services, empowering consumers to share their financial data with third-party providers, including fintech innovators.…
AI has transformed banking across APAC. But is this transformation secure? Partner Content The banking industry in Asia Pacific (APAC) is thriving, with strong financial performance underpinning its technological ambitions.…
Who also worries misinformation on social media could threaten liquidity The governor of India's Reserve Bank, Shri Shaktikanta Das, yesterday warned that AI – and the platforms that provide it – could worsen systemic risk to the nation's financial system.…
Darktrace AI learns organisation's 'pattern of life' Paid feature AI does more than recommend TV shows and validate our bank transfers. Since 2016, it has also been working behind the scenes within the security operations centre (SOC). The reason is simple: when it comes to spotting and neutralising digital threats, humans need help. As we grapple with a torrent of online threats, machines are increasingly fighting our battles for us.…