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. To make digital systems more resilient to malicious activities, AI functions by using its key technologies that detect, prevent, and respond to threats. For example, a Gulf-based bank struggled with high false positive alerts. How does AI work in cybersecurity?

Cybersecurity 93

Cybersecurity Artificial Intelligence Threat Detection Cyber threats 93

Joseph Steinberg

JULY 20, 2022

And, while today’s commercially-created quantum machines are nowhere near powerful enough to approach quantum supremacy, absolutely nobody knows the true extent of the quantum capabilities of all of the technologically-advanced governments around the world. Clearly, there is a need to act in advance – and acting takes time.

Risk 338

Risk Encryption Government Backups 338

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 340

Artificial Intelligence Healthcare Accountability Banking 340

Malwarebytes

OCTOBER 22, 2024

In the newly-announced system, the user can upload a video selfie, and Meta will use facial recognition technology to compare the selfie to the profile pictures on the account they’re trying to access. Do I want to provide Meta with even more material that might end up getting used to train its Artificial Intelligence (AI) models?

Accountability 120

Accountability Scams Media Identity Theft 120

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 109

Banking Identity Theft DDOS Cyber threats 109

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. Okay, maybe this is a bit of hyperbole, but it requires no far-future science fiction technology.

Hacking 363

Hacking Artificial Intelligence Government Engineering 363

Joseph Steinberg

AUGUST 2, 2022

CyberSecurity Expert, Joseph Steinberg, was recently interviewed by the team at Utopia — a group of networking-technology enthusiasts seeking to provide readers with wise insights on security, privacy, and cryptocurrency — insights gained through interviews of people with considerable related experience. The interview follows.

Cybersecurity 198

Cybersecurity Artificial Intelligence Surveillance Internet 198

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.

Artificial Intelligence 111

Artificial Intelligence Cybersecurity Healthcare Banking 111

IT Security Guru

MARCH 18, 2025

Technology has transformed so many areas of our lives and relatively quickly in the grand scheme of things. 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.

Scams 96

Scams Education Artificial Intelligence Media 96

The Last Watchdog

DECEMBER 6, 2022

It’s no surprise that passwordless authentication is at the core of Gartner’s report on emerging technologies and trends for 2022. Authentication systems that leverage machine learning and biometric technology are now ready to replace legacy password-centric technologies. Invisible security.

Authentication 203

Authentication Healthcare Artificial Intelligence Passwords 203

CyberSecurity Insiders

AUGUST 25, 2022

Hackers are now using AI deepfake technology to impersonate C level employees of tech firms to dupe meeting respondents and the latest to fall victim to such a digital attack was a senior official of Binance, a company that is into the trading of cryptocurrency. Otherwise, it could spell serious trouble for him in no time.

Identity Theft 118

Identity Theft Artificial Intelligence Technology Cryptocurrency 118

Hacker's King

OCTOBER 19, 2024

Cybersecurity has become one of the most critical fields in technology, ensuring that data, networks, and systems are protected from unauthorized access and malicious attacks. Finance and Banking Financial institutions are prime targets for cyberattacks due to the sensitive nature of the data they hold.

Cybersecurity 59

Cybersecurity Healthcare Cyber threats Government 59

Schneier on Security

DECEMBER 19, 2023

This isn’t helped by the fact that AI technology means the scope of what’s possible is changing at a rate that’s hard to appreciate even if you’re deeply aware of the space. So could your bank, or credit card company, your phone company, or any other company that owns your data. Privacy is important, and very easily misunderstood.

Government 327

Government Banking Risk Internet 327

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 316

Banking Risk Accountability Government 316

Webroot

MAY 5, 2025

The integration of artificial intelligence (AI) into phishing schemes has made these attacks even more sophisticated and challenging to detect. For example, you receive a text message from your bank using your name and asking you to authorize a recent purchase that happens to be from Amazon or another retailer you frequent.

Phishing 62

Phishing Antivirus Education Artificial Intelligence 62

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. fighting bias, or scaling it? The value of this huge.

Artificial Intelligence 40

Artificial Intelligence Technology InfoSec Banking 40

SecureWorld News

MAY 13, 2025

The 2025 EY Global Third-Party Risk Management Survey highlights a critical shift: organizations are increasingly turning to artificial intelligence to manage growing risk complexity, but many still struggle to operationalize TPRM at scale. Technology is only as effective as the governance around it," the report states.

Risk 78

Risk Cyber Risk Artificial Intelligence Technology 78

Security Affairs

MARCH 11, 2025

The digital revolution has enabled organizations to operate seamlessly across national boundaries, relying on cross-border data transfers to support e-commerce, cloud computing, artificial intelligence, and financial transactions. It ensures that organizations adhere to international, national, and industry-specific legal frameworks.

Cybersecurity 72

Cybersecurity Encryption Artificial Intelligence Technology 72

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 Healthcare Artificial Intelligence 62

Schneier on Security

DECEMBER 4, 2023

Two, that the confusion will increase with artificial intelligence. I wrote about four systems for enabling trust: our innate morals, concern about our reputations, the laws we live under, and security technologies that constrain our behavior. Laws and security technologies are systems of trust that force us to act trustworthy.

Government 363

Government Surveillance Artificial Intelligence Marketing 363

Joseph Steinberg

DECEMBER 20, 2021

As such, as governments and various large technology companies continue improving their quantum devices, the power of such devices could grow far faster than did any computing systems have in the past. That said, there is little doubt that the day will arrive when such devices are available.

Encryption 246

Encryption Artificial Intelligence Technology Risk 246

Security Affairs

FEBRUARY 20, 2023

This scenario must undoubtedly force organizations to prepare adequately to be able to recognize impersonation attempts based on social engineering attacks, which are also proving increasingly sophisticated due to the rapid advancement of deepfake technology. Deepfake technology, what’s it?

Social Engineering 98

Social Engineering Engineering Artificial Intelligence Computers and Electronics 98

Thales Cloud Protection & Licensing

NOVEMBER 13, 2024

Deepfake Fraud – Defense Strategies for Banks, Lenders & Financial Institutions madhav Thu, 11/14/2024 - 06:39 In the age of Generative Artificial Intelligence (Gen AI), banks and financial institutions face increasing threats from sophisticated fraud techniques, including deepfakes, through Identity Spoofing.

Banking 62

Banking Authentication Risk Artificial Intelligence 62

The Last Watchdog

JANUARY 31, 2024

The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats, such as deepfake social engineering and autonomous fraud. Reken’s mission strongly aligns with Greycroft’s core focus on artificial intelligence.”

Artificial Intelligence 100

Artificial Intelligence Education Cybercrime Social Engineering 100

IT Security Guru

JUNE 11, 2024

Artificial Intelligence (AI) is highly innovative but also poses significant risks to all organisations, as shown by the recent high profile hacks at Ticketmaster, Santander and the NHS. One of the newer technologies that is being utilised by Cyber Attackers is AI Voice technology, which replicates human voices through audio output.

Cyber Attacks 138

Cyber Attacks Scams Artificial Intelligence Social Engineering 138

CyberSecurity Insiders

FEBRUARY 3, 2023

Cybersecurity Insiders has learnt from its sources that the threat actors accessed details such as tax file numbers, bank account details, superannuation data, in the attack that could lead to identity theft attacks in the coming weeks.

Cyber Attacks 117

Cyber Attacks Identity Theft Artificial Intelligence Cyber Risk 117

Tech Republic Security

AUGUST 14, 2024

CBA's x15ventures is transforming fintech AI with its Xccelerate program, boosting innovation and setting new industry benchmarks in AI technology.

Technology 185

Technology Artificial Intelligence Banking 185

Security Boulevard

MARCH 21, 2025

Migration to PQC can be viewed as any large technology transition. National Institute of Standards and Technology (NIST) last year released three quantum-resistant algorithm standards that are ready to be adopted. Thats the opinion of Consumer Reports, the Center for Democracy and Technology, the U.S.

Risk 69

Risk IoT Cybersecurity Manufacturing 69

Identity IQ

JANUARY 11, 2024

New AI Scams to Look Out For in 2024 IdentityIQ Artificial intelligence (AI) has quickly reshaped many aspects of everyday life. These are convincing AI-generated videos and audio created using a powerful technology called deep learning. The more aware you are of these tactics, the safer you can be from them.

Scams 98

Scams Identity Theft Artificial Intelligence Phishing 98

eSecurity Planet

SEPTEMBER 16, 2024

As cyber threats become increasingly sophisticated, integrating artificial intelligence (AI) into cybersecurity is more than a passing trend — it’s a groundbreaking shift in protecting our digital assets. It offers insights into new threats and how the banking sector responds to them.

Artificial Intelligence 135

Artificial Intelligence Threat Detection Phishing Cyber Attacks 135

eSecurity Planet

FEBRUARY 11, 2022

Facial recognition software (FRS) is a biometric tool that uses artificial intelligence (AI) and machine learning (ML) to scan human facial features to produce a code. The technology isn’t yet perfect, but it has evolved to a point that enterprise use is growing. Also read: Passwordless Authentication 101.

Software 126

Software Technology Authentication Artificial Intelligence 126

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance. Underpin technologies with a unified centralized key management regime where appropriate.

Encryption 62

Encryption Risk Data privacy Technology 62

Security Boulevard

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 52

Cloud Migration Encryption Healthcare Artificial Intelligence 52

Zero Day

JUNE 30, 2025

PT islander11/Getty Images Industry eyebrows were raised recently at New York Federal Reserve Bank data showing  software engineering graduates face higher unemployment rates than art history majors. "That's why software engineering is morphing into human-AI collaborative intelligence." respectively.

Software 104

Software Password Management Small Business Engineering 104

Malwarebytes

AUGUST 30, 2023

The NCSC points out several dangers associated with integrating a technology that is very much in early stages of development into other services and platforms. Even if the technology behind LLMs is sound, our understanding of the technology and what it is capable of is still in beta, says the NCSC.

Artificial Intelligence 130

Artificial Intelligence Technology Accountability Banking 130

Approachable Cyber Threats

MARCH 12, 2025

Spear phishing used to be hard to craft for hackers and scammers, but recent technology advancements are changing things. The rise of artificial intelligence (AI) is supercharging phishing attacks. Suspicious Links & Attachments: Hover over links before clicking - does it really lead to your bank's website?

Phishing 53

Phishing Scams Social Engineering Artificial Intelligence 53