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Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.

Bank Info Security 10 months, 3 weeks ago

Australian Bank Backtracks on AI-Led Job Cuts

Country's Largest Lender Bank Offers to Reinstate 45 'Redundant' WorkersCommonwealth Bank of Australia reversed plans to eliminate 45 call center positions after its chatbots failed to reduce customer service volume as promised, forcing the bank to offer overtime to remaining staff while facing union challenges over what may have been disguised outsourcing to India.

Bank Info Security 1 year, 2 months ago

India Tells Financial Sector to Strengthen Cyber Defenses

Old Visuals, AI Deepfakes and Fake Claims Go Viral Amid Escalating ConflictMisinformation is going viral in India as the New Delhi government called Friday on the financial sector to strengthen cyber defenses amid growing military activity along the Pakistani border. Tensions between the two countries ratcheted significantly upward Friday.

Bank Info Security 1 year, 2 months ago

FBI Pushes Global Crackdowns as Cybercrime Losses Soar

Bureau Endorses Enhanced Information Sharing With Global Allies to Curb CybercrimeThe FBI strongly supported recent efforts to expand information sharing with international partners and launch new efforts to curb global cybercrime, including working with Indian authorities to combat cyber-enabled financial crimes and transnational call center fraud.