The Last Watchdog

APRIL 10, 2019

Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. This is the new space that allows for combining these channels in banking.

Banking 147

Banking Mobile Accountability Artificial Intelligence 147

eSecurity Planet

MARCH 31, 2025

The rise in artificial intelligence and advanced phishing methods has made it even harder. If necessary, contact your bank and report the scam. . “Netflix is an all-year scam because there are so many people using it that hackers dont need to do anything special,” Zilberstein explained.

Scams 107

Scams Artificial Intelligence Phishing Passwords 107

Adam Levin

SEPTEMBER 4, 2019

The CEO of a UK-based energy firm lost the equivalent of $243,000 after falling for a phone scam that implemented artificial intelligence, specifically a deepfake voice. While the technology to generate convincing voice recordings has been available for a few years, its remains relatively uncommon in the commission of fraud.

Scams 233

Scams Artificial Intelligence Insurance Technology 233

Security Affairs

MAY 24, 2021

US banks are giving the green light to the adoption of facial recognition technology, while authorities provide regulations and updates guidelines. Many among the US biggest banks are trying their luck with facial recognition technology. The FTC issues a new set of guidelines about the use of Artificial Intelligence.

Banking 130

Banking Artificial Intelligence Technology Marketing 130

Security Affairs

DECEMBER 8, 2024

Hackers stole millions of dollars from Uganda Central Bank International Press Newsletter Cybercrime INTERPOL financial crime operation makes record 5,500 arrests, seizures worth over USD 400 million Hackers Stole $1.49

Artificial Intelligence 104

Artificial Intelligence Spyware Hacking Ransomware 104

Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. 1 - WEF: Best practices to adopt AI securely As businesses scramble to adopt artificial intelligence to boost their competitiveness, theyre also grappling with how to deploy AI systems securely and in line with policies and regulations.

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

SecureWorld News

APRIL 13, 2025

This is where Artificial Intelligence (AI) steps in. Hence, it is evident that artificial intelligence is revolutionizing the cybersecurity industry by providing quicker, more accurate, and more efficient ways to detect cyber attacks. For example, a Gulf-based bank struggled with high false positive alerts.

Cybersecurity 94

Cybersecurity Artificial Intelligence Threat Detection Cyber threats 94

SecureBlitz

MAY 3, 2022

This post will show you why the One-Size-Fits-All approach does not work longer for modern banking clients. While banks have been at the cutting edge of innovations like online payments and artificial intelligence (AI)–driven services, many have been slow to change how they attract and retain their customers.

Banking 105

Banking Artificial Intelligence Cybersecurity 105

Joseph Steinberg

JUNE 9, 2021

appeared first on Joseph Steinberg: CyberSecurity, Privacy, & Artificial Intelligence (AI) Advisor. The post How The FBI Seized Bitcoin from Colonial Pipeline Hackers – Does Law Enforcement Have More Control Over Cryptocurrencies Than People Believe?

Cryptocurrency 363

Cryptocurrency Artificial Intelligence Government Hacking 363

Joseph Steinberg

JANUARY 19, 2022

That’s right, the photos that you just sent your significant other over WhatsApp, the results of your recent bloodwork, and your bank statements that accessed over the weekend could all leak. So, how could today’s communications leak tomorrow?

Encryption 363

Encryption Backups Banking Internet 363

Schneier on Security

MARCH 1, 2023

A reporter used an AI synthesis of his own voice to fool the voice authentication system for Lloyd’s Bank.

Authentication 296

Authentication Banking Artificial Intelligence 296

Malwarebytes

APRIL 1, 2025

Even though scammers can use Artificial Intelligence to create convincing emails that appear to come from the IRS, there are often some tell-tale signs of social engineering attempts: Too good to be true: Huge, unexpected tax returns are usually just an incentive to get you to surrender private information in the hopes of obtaining that sum.

Scams 138

Scams Phishing Artificial Intelligence Social Engineering 138

Joseph Steinberg

FEBRUARY 10, 2021

Alan Steinberg, The post Beware Fraudulent Emails, Websites, and Faxes Bearing Names Of Real Attorneys And Law Firms appeared first on Joseph Steinberg: CyberSecurity, Privacy, & Artificial Intelligence (AI) Advisor.

Scams 363

Scams Artificial Intelligence Technology Banking 363

Zero Day

JUNE 12, 2025

PT Anker/ZDNET The United States Consumer Product Safety Commission (CPSC)  has issued a new recall for the Anker PowerCore 10000 power bank, model number A1263. "Anker has received 19 reports of fires and explosions" caused by its faulty power bank. You have two methods to get rid of your power bank.

Banking 78

Banking Risk Password Management Small Business 78

Malwarebytes

MARCH 1, 2023

Voice ID is slowly rolling out across various banks worldwide as a way to perform user authentication over the phone. Now that we have freely available artificial intelligence (AI) happily replicating people’s voices, could it be a security risk? However, questions remain about just how secure it is.

Banking 98

Banking Artificial Intelligence Authentication Accountability 98

Joseph Steinberg

JULY 8, 2021

No bank in the United States will issue a mortgage, for example, to someone who purchases a house but refuses to insure the home against fire; the bank will not relax its position even if the home has been built with every possible known fire suppression and mitigation system.

Insurance 364

Insurance Cyber Insurance Cybersecurity Small Business 364

eSecurity Planet

SEPTEMBER 13, 2024

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

Banking 108

Banking Identity Theft DDOS Cyber threats 108

Malwarebytes

JUNE 9, 2025

Scammers are getting better at social engineering and are using Artificial Intelligence (AI) to sound more authentic and eliminate any spelling errors. Monitor your financial statements Check your bank, credit card, and payment service accounts for unauthorized transactions. Importantly, acting quickly can limit the damage.

Scams 77

Scams Banking Artificial Intelligence Accountability 77

Krebs on Security

FEBRUARY 9, 2024

In April 2023, KrebsOnSecurity published research showing that a shocking number of organizations — including banks, healthcare providers and state and local governments — were leaking private and sensitive data thanks to misconfigured Salesforce installations. “One minor screw up there can produce hilarious results.”

Artificial Intelligence 334

Artificial Intelligence Healthcare Accountability Banking 334

Malwarebytes

OCTOBER 22, 2024

Do I want to provide Meta with even more material that might end up getting used to train its Artificial Intelligence (AI) models? Right now I only use a video selfie to approve bank transfers of over 1000 Euro (US$ 1075). Stealing your account by showing the platform a deepfake video of your face.

Accountability 123

Accountability Scams Media Artificial Intelligence 123

Joseph Steinberg

JULY 20, 2022

Imagine the reaction from customers, the media, and regulators if IBM announced that it would deliver an encryption-breaking quantum computer in 6 months, and cybersecurity professionals working at a bank reacted by saying that they would wait until after the device arrived on the scene to upgrade their encryption mechanisms?

Risk 338

Risk Encryption Government Backups 338

Heimadal Security

NOVEMBER 2, 2021

From healthcare applications to online shopping personal recommendations (or even Spotify or Netflix, actually) and online banking applications, AI (artificial intelligence) is definitely a catalyst of the future and a true engine of technological progress and evolution. Here’s my topic for the month: AI in cybersecurity.

Artificial Intelligence 111

Artificial Intelligence Cybersecurity Healthcare Banking 111

Webroot

MARCH 3, 2025

Common attacks to consumer protection Identity theft and fraud Some common types of identity theft and fraud include account takeover fraud , when criminals use stolen personal information such as account numbers, usernames, or passwords to hijack bank accounts, credit cards, and even email and social media accounts.

Consumer Protection 101

Consumer Protection Identity Theft Scams Social Engineering 101

Joseph Steinberg

AUGUST 2, 2022

I remember meeting with “the Internet security person” in a major bank. The post Interview: Joseph Steinberg, CyberSecurity Expert and Author appeared first on Joseph Steinberg: CyberSecurity Expert Witness, Privacy, Artificial Intelligence (AI) Advisor. The one person handling Internet security.

Cybersecurity 198

Cybersecurity Artificial Intelligence Surveillance Internet 198

Schneier on Security

APRIL 26, 2021

As I lay out in a report I just published , artificial intelligence will eventually find vulnerabilities in all sorts of social, economic, and political systems, and then exploit them at unprecedented speed, scale, and scope. We exploit loopholes, manipulate systems, and strive for more influence, power, and wealth. Not for long.

Hacking 363

Hacking Artificial Intelligence Government Engineering 363

Zero Day

JUNE 17, 2025

Also in the mix were several European banks, apps such as Tinder and Snapshot, the Binance cryptocurrency exchange, and even encrypted chat apps like Signal and WhatsApp. " Analyzing the data, Bloomberg and Lighthouse found that the senders included such major tech players as Google, Meta, and Amazon.

Authentication 100

Authentication Password Management Small Business Passwords 100

Malwarebytes

FEBRUARY 16, 2024

Additionally, the criminals request the target’s phone number in order to get more details about them, particularly their bank accounts. Once the criminals have a scan of the face they can use artificial intelligence (AI) to perform face-swaps. Face swapping is a technique that allows you to replace faces in images with others.

Artificial Intelligence 135

Artificial Intelligence Banking Mobile Government 135

Security Boulevard

OCTOBER 30, 2024

It’s here, and it’s coming to a bank near you! The post AI in Banking: No Longer Just for the Big Banks appeared first on Security Boulevard. The post AI in Banking: No Longer Just for the Big Banks appeared first on Security Boulevard.

Banking 64

Banking CISO Artificial Intelligence 64

The Security Ledger

NOVEMBER 6, 2019

In this episode of the podcast (#166): Jay Budzik, the Chief Technology Officer at ZestAI, joins us to talk about that company's push to make artificial intelligence decisions explainable and how his company's technology is helping to root out synthetic identity fraud. trillion by the year 2022 – that’s Trillion with a “T.”

Artificial Intelligence 40

Artificial Intelligence Technology Banking InfoSec 40

Zero Day

JUNE 14, 2025

Close Home Tech Wearables Headphones At last, wireless earbuds that sound great, feel comfortable, and won't break the bank If you're a fan of clip-on earbuds and don't want to shell out hundreds of dollars, check out the Baseus MC1 -- especially while they're on sale.

Wireless 90

Wireless Banking Password Management Small Business 90

Tech Republic Security

NOVEMBER 9, 2023

Commonwealth Bank of Australia cyber defence operations leader Andrew Pade is building an AI legacy that will protect customers from cyber attacks and security professionals from career burnout.

Banking 177

Banking Cyber Attacks Artificial Intelligence Cyber threats 177

CyberSecurity Insiders

AUGUST 25, 2022

And weed out any image which is frozen, as it can be a video of a fraudster who can use deep fake technology and then ask the other participants to wire money to a bank account. NOTE- Deep fake is an Artificial Intelligence-based technology used by hackers to impersonate others.

Identity Theft 118

Identity Theft Artificial Intelligence Technology Cryptocurrency 118

Schneier on Security

SEPTEMBER 8, 2023

Imagine an LLM being able to find someone’s phone number, call them and surreptitiously record their voice, guess what bank they use based on the largest providers in their area, impersonate them on a phone call with customer service to reset their password, and liquidate their account to make a donation to a political party.

Banking 321

Banking Risk Accountability Government 321

Thales Cloud Protection & Licensing

JUNE 18, 2025

Confidential AI: Unlocking Insights Without Exposing Data Artificial Intelligence (AI) is transforming industries like finance, healthcare, and retail, but training AI models often requires sensitive data. A bank working to prevent fraud and money laundering needs to analyze large volumes of financial data.

Cloud Migration 62

Cloud Migration Encryption Artificial Intelligence Healthcare 62

IT Security Guru

MARCH 18, 2025

From tech used to make education more accessible, for example, to the ever talked about artificial intelligence (AI) shaping many sectors, the way tech has integrated with the modern world both seamlessly and speedily is notable. Technology has transformed so many areas of our lives and relatively quickly in the grand scheme of things.

Scams 96

Scams Education Artificial Intelligence Media 96

The Last Watchdog

DECEMBER 6, 2022

In industries such as banking, healthcare and law enforcement, where employees work under pressure to handle sensitive information, cybersecurity and productivity often contradict each other.

Authentication 203

Authentication Healthcare Artificial Intelligence Passwords 203

Malwarebytes

NOVEMBER 20, 2024

A mobile network operator has called in the help of Artificial Intelligence (AI) in the battle against phone scammers. To achieve this “Granny Daisy” will tell the scammers all about her passion for knitting, her cat Fluffy, and provide exasperated callers with false personal information including made up bank details.

Scams 118

Scams Artificial Intelligence Banking Media 118