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Officials Warned New Models Could Accelerate Cyber Risks Faster Than RulesGlobal finance officials meeting in Washington warned that advanced artificial intelligence models could expose structural weaknesses across banking and payment systems, speeding vulnerability discovery and cyber exploitation faster than regulators can build guardrails.
CISOs Grapple With AI Blind Spots, Excessive Permissions and Governance IssuesMachine identities continue to multiply as organizations push automation, cloud services and AI-driven initiatives deeper into core operations. This rapid growth creates new vulnerabilities, especially when non-human identities lack governance or are completely invisible to security teams.
Also: Train Hack Risks Outed by CISA Alert; AI Comprehension Issues Won't Go AwayIn this week's update, four ISMG editors discussed the potential global implications of the Seychelles Commercial Bank data breach; the real-world threat of train hacks following an alert about a critical railway vulnerability; and growing concerns around AI's "comprehension problem."
New Malware SoumniBot Exploiting Legitimate Android ProcessA new banking Trojan is targeting Korean users using obfuscation techniques that target the Android manifest, exploit vulnerabilities and take advantage of weaknesses in how Android apps interpret this file. SoumniBot stands out for its approach to camouflaging its malicious intent.
New Malware SoumniBot Exploiting Legitimate Android ProcessA new banking Trojan is targeting Korean users using obfuscation techniques that target the Android manifest, exploit vulnerabilities and take advantage of weaknesses in how Android apps interpret this file. SoumniBot stands out for its approach to camouflaging its malicious intent.