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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 of Ireland's Francis Gorman Shares Strategies for Successful Quantum MigrationMost organizations give the migration to quantum-safe cryptography to the CISO. But that puts a cross-business change in the wrong hands. Accountability belongs with senior leaders who can influence the whole enterprise, says Francis Gorman, head of Bank of Ireland's security center of excellence.

Rokarolla Android malware targets 217 banking and crypto apps, steals credentials, blocks bank calls, intercepts SMS, and disables Play Protect. Zimperium’s zLabs researchers have published a detailed analysis of Rokarolla, a new Android banking trojan named after its command-and-control infrastructure. It spreads through malicious websites masquerading as TikTok and Chrome, one confirmed distribution point being […]

Malware Targets Banks, Crypto Platforms and Social MediaNewly surfaced Android-based banking Trojan gives threat actors near-total control over infected devices, letting them steal user credentials for direct access to financial accounts, says researchers. Rokarolla tricks users into side-loading malicious versions of popular, high traffic apps.

France's Mistral Makes Digital Sovereignty Case for a European MythosThe European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models' cyber capabilities appear to be accelerating.

Bank Info Security 2 months, 1 week ago

FIS, Anthropic Pitch AI for Money Laundering Probes

Agent Promises to Cut Investigation Time from Days to MinutesFIS has partnered with Anthropic to deploy an AI agent that automates money laundering investigations, aiming to reduce casework from days to minutes. BMO and Amalgamated Bank are first in line, with broader availability targeted for late 2026.

Bank Info Security 2 months, 1 week ago

Global Push for Digital KYC Faces a Trust Problem

Portable KYC Remains Elusive Despite Digital Identity Growth in UAE, Europe, AsiaThe United Arab Emirates recently launched a national digital Know Your Customer platform under the oversight of the UAE Central Bank, aiming to standardize customer onboarding, streamline compliance checks and strengthen anti-money laundering enforcement.

Bank Info Security 2 months, 1 week ago

Europe Cuts Off Funding for Chinese Solar Inverters

Solar Energy Spurt Comes Freighted With Chinese Nation-State Hacking WorriesThe European Commission froze funding for solar energy projects that use crucial components from Chinese companies such as Huawei, due to cybersecurity fears. The decision affects projects being funded by the European Investment Bank and other partner banks.

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.

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