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Showing 16 most recent headlines Filtered view
Bank Info Security 4 months, 4 weeks ago

Treasury AI Plan Faces Calls for Enforceable Controls

Analysts Urge Mandatory Guardrails on AI Agents, Identity and PrivilegeSecurity leaders are pressing Treasury to embed enforceable guardrails - covering adversarial testing, AI inventory, identity privilege mapping and real-time monitoring - into its forthcoming financial-sector AI guidance as deepfake fraud, data poisoning and autonomous agent risks escalate.

Bank Info Security 5 months, 2 weeks ago

AI, Deepfakes Are Top Risks for Financial Crime Specialists

ACAMS Says Investigators Need Better Data, Architecture and AI-Based DetectionThe financial system has a trust problem driven by artificial intelligence, and CIOs looking to prevent fraud and other financial crimes will only face more challenges as criminals find new ways to use AI to swindle, according to an Association of Certified Anti-Money Laundering Specialists survey.

Bank Info Security 5 months, 3 weeks ago

Identity Fraud: The New Crimewave Targeting Remote Work

The Urgency of High-Assurance Identity Proofing Amid Growing Identity FraudRemote work has fueled a new crimewave built on stolen and synthetic identities. As deepfakes scale, high-assurance identity proofing - combining biometrics, liveness detection and verified IDs - becomes essential to verify users, prevent impersonation and protect enterprise access.

Bank Info Security 5 months, 3 weeks ago

Face-Swapping Tools Pose Elevated 'Know Your Customer' Risks

Easy-to-Use Deepfake Services for Criminals Rapidly Improving, Researchers WarnFinancial firms' fraud and risk teams must bolster know-your-customer checks in the face of increasingly effective and affordable deepfake technology and services that can generate synthetic identities, convincing face-swaps and defeat "live" biometric checks to bypass defenses, warn researchers.

Bank Info Security 6 months, 2 weeks ago

Fraud Leaders Warn of Deepfakes, Stablecoin Risks Ahead

Synthetic Entities, AI-Driven Scams, Stablecoin Misuse Pose Key Threats in 2026Artificial intelligence-powered scams reached new heights in 2025. In the coming year, those threats will evolve further, with synthetic entities, stablecoin abuse and deepfakes driving fraud campaigns. Banks and lenders need better data, reporting and regulations to stay ahead of fraudsters.

Bank Info Security 9 months, 1 week ago

Deepfake Fraud: Trust No Voice, Doubt Every Face

In Today's Reality, Zero Trust Principles Matter, Verification Is an ImperativeThis month, a judge made history by throwing out an $8.7 million lawsuit after discovering something that had never before appeared in her courtroom: deepfake testimony. But these new legal lessons are already a reality in business: the need for trust, verification and authentic communication.

Bank Info Security 9 months, 1 week ago

Deepfake Fraud: Trust No Voice, Doubt Every Face

In Today's Reality, Zero Trust Principles Matter, Verification Is an ImperativeThis month, a judge made history by throwing out an $8.7 million lawsuit after discovering something that had never before appeared in her courtroom: deepfake testimony. But these new legal lessons are already a reality in business: the need for trust, verification and authentic communication.

Durand: Agentic Models Require Stronger Verification and Complex Access ControlsWith bots and personal agents poised to reshape digital identity, Ping Identity CEO Andre Durand says organizations must harden onboarding, reimagine omni-channel strategies and deploy "verified trust services" to combat fraud and deepfakes, especially in workforce and third-party access.

Bank Info Security 10 months, 1 week ago

ID.me Gets $340M in Series E to Scale, Tackle Deepfake Fraud

Series E Funding at $2B Valuation Fuels Fraud Defense, Identity Tech BuildoutWashington D.C.-area identity verification provider ID.me has raised $340 million to develop fraud-fighting technology and prepare for long-term expansion. The investment supports product innovation to stop AI threats such as deepfakes and fake businesses.

Bank Info Security 1 year, 5 months ago

The Benefits of the M&A Frenzy in Fraud Solutions

Emerging Vendors, Consolidation Drive Innovation in Fraud, AML, Scam PreventionAs cybercriminals exploit AI-generated deepfake scams and synthetic identity fraud, financial institutions are investing heavily in fraud detection, anti-money laundering solutions and identity verification to stay ahead. This demand is driving consolidation in the market.

FBI Sees Rising AI-Enabled Fraud; Meta Reports Scant Election Interference UseArtificial intelligence: What's it good for? Per the old song about war, the answer isn't "absolutely nothing," but so far it also isn't "absolutely everything." New findings pinpoint where generative AI and deepfakes are hot - fraud - and where they're not - election interference

Bank Info Security 1 year, 10 months ago

Real-Time Deepfakes: A Growing Threat to Corporate Security

Bishop Fox's Brandon Kovacs on the Security Risks of Real-Time Voice, Video CloningThe ability to create real-time deepfakes of trusted figures has transformed the landscape of corporate security threats. Brandon Kovacs, senior red team consultant at Bishop Fox, details how attackers can now clone voices and video in real-time, enabling new forms of social engineering and fraud.

Bank Info Security 2 years, 1 month ago

AI vs AI: Fighting Deepfakes With Biometric Authentication

Experts Recommend Multimodal Biometrics as Mitigation Strategy for AI-Based AttacksWhile AI has spurred the growth of authentication controls, it has also enabled voice cloning and video deepfakes to become much more convincing. Fraud fighters are looking at adopting a multifactor authentication system using multimodal biometrics to fight against deepfakes.

Bank Info Security 2 years, 5 months ago

US FTC Proposes Penalties for Deepfake Impersonators

FTC Says It Should Be Able to Sue Providers Who Know Their Tech Is Used for FraudThe U.S. Federal Trade Commission said it's too easy for fraudsters to launch "child in trouble" and romance scams, so it has proposed rule-making that would give the agency new authority to sue in federal court any technology providers that facilitate impersonation fraud.