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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."

Also: CISA Warns of Unpatched Train Brake VulnerabilityThis week: Louis Vuitton and Co-op confirm breaches, unpatched train brake flaw, Barclays fined £42M pounds for financial crime failures, secret U.K. program relocated thousands of Afghans, ex-soldier pleads guilty to hacking, Ukrainian hackers claim hit on Russian drone supplier.

Bank Info Security 2 years, 1 month ago

Fraudsters Impersonate CISA in Money Scams

CISA Won't Ask You to Wire Money or Keep Discussions SecretIf you've received an urgent phone call from the U.S. Cybersecurity and Infrastructure Security Agency about a security vulnerability, you should know: The call wasn't really from CISA. Americans reported more than $1.1 billion in financial losses due to impersonation scams in 2023.