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Showing 9 most recent headlines Filtered view

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 Agents Target Anti-Money Laundering at Major Global Banks, Cut Manual ProbesBretton AI has raised $75 million in Series B funding led by Sapphire Ventures to scale AI agents for anti-money laundering sanctions and KYC compliance. CEO Will Lawrence says the company is targeting large banks with automation designed to reduce manual investigations and improve auditability.

AI Agents Target Anti-Money Laundering at Major Global Banks, Cut Manual ProbesBretton AI has raised $75 million in Series B funding led by Sapphire Ventures to scale AI agents for anti-money laundering sanctions and KYC compliance. CEO Will Lawrence says the company is targeting large banks with automation designed to reduce manual investigations and improve auditability.

CyberArk and Accenture Experts Discuss Modernization, Identity Sprawl, Securing AIFinancial services organizations are accelerating modernization efforts by adopting artificial intelligence, automation and DevOps-driven cloud development, but these initiatives have dramatically expanded their attack surface. As banks and financial enterprises rely more heavily on non-human identities to power applications, integrations and AI-driven workflows, security leaders are struggling to manage the volume, velocity and variety of machine identities across cloud and on-premises environments, said Barak Feldman, senior vice president of solutions engineering at CyberArk, and Rex Thexton, senior managing director at Accenture.

Bank Info Security 8 months ago

Why CISOs Need to Own AI Enterprise Risk

Vigilance Cyber Security's Moriah Hara on AI Automation and Responsible AIMohira Hara, CISO and AI security, risk and governance consultant at Vigilance Cyber Security, says AI is reshaping financial services by accelerating anti-money laundering efforts, automating SOC functions and driving stronger governance frameworks that make CISOs central to managing AI risk.

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.

Bank Info Security 10 months, 2 weeks ago

Another Risk From Agentic AI Payments - First-Party Fraud

ACI Worldwide's Cleber Martins on Why Banks Need to Lead on AI Identity GovernanceThe rise of agentic commerce is forcing the financial sector to reconsider traditional fraud controls. While automated transactions may follow all technical authorizations, agentic AI tools still lack an understanding of user intent. That disconnect could lead to a surge in first-party fraud.

Bank Info Security 10 months, 3 weeks ago

AI Agent Transactions Will Trigger New Payment Disputes

US Faster Payments Council's Peter Tapling on Automated Agentic AI CommerceAI agents can trigger transactions customers never intended. With traditional payment rules failing to address bot-driven decisions, financial institutions must rethink how they assess fraud, dispute resolution and transaction monitoring in the age of agentic AI commerce.