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Bank Info Security 7 months, 4 weeks ago

ISMG Fraud Prevention, Financial Cyber Summits: The AI Bet

Cyber Leaders Address AI Threats, Compliance Resilience, Zero TrustFrom AI‑driven fraud schemes to tightening regulations and identity threats, ISMG's New York Fraud Prevention and Financial Cybersecurity Summits brought together CISOs, investigators and risk leaders to share practical strategies for strengthening defenses and building true resilience.

Bank Info Security 9 months, 3 weeks ago

Fraud to Compliance: How Banks Use AI for Resilient Security

Financial Institutions Break Down Silos to Combat Faster, AI-Powered ThreatsBanks face AI-powered fraud attacks and stricter compliance demands. Unified platforms that integrate security, fraud detection and compliance help institutions respond faster while empowering human analysts to focus on strategic decisions.

Bank Info Security 1 year, 3 months ago

Shifting the Mindset from Cost Center to Revenue Generator

How Strong AML and Fraud Prevention Controls Can Differentiate Your Fintech and Help You ScaleAs fintechs and financial institutions navigate an increasingly complex payments ecosystem, robust AML and fraud prevention controls are no longer just a compliance necessity—they’re a strategic advantage. Discover how risk-based frameworks, intelligent detection systems, and stronger partnerships can enhance trust, streamline operations, and safeguard against evolving financial crime threats.

Bank Info Security 2 years, 1 month ago

A Strategic Approach to Stopping SIM Swap Fraud

The UAE No Longer Has Cases of SIM Swap Fraud - Here's WhySIM swap fraud continues to cause substantial financial losses for both consumers and financial institutions, undermining the integrity of the financial ecosystem. In the UAE, the banking industry has incurred considerable losses from SIM swap fraud. But a strategic approach has stopped it.

Bank Info Security 2 years, 3 months ago

The Rising Threat of Fake Business Accounts

Prove's Mary Ann Miller on Strategies for Stronger ID VerificationThe banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.