Over the past six months, Android financial threats have surged, targeting mobile banking funds through traditional malware and cryptostealers, as reported by ESET.
Source: ebankIT
Renowned provider of global digital banking solutions, ebankIT and Centrilogic have joined forces to offer financial institutions top-tier private and public cloud services along with cutting-edge cybersecurity capabilities.
Source: Rapid7
Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced it has signed a definitive agreement to acquire Noetic Cyber, an innovator and a leader in cyber asset attack surface management (CAASM).
Days after claiming responsibility for hacking the US Federal Reserve, the Russia-linked LockBit ransomware gang has leaked customer data from Evolve Bank & Trust on the dark web.
The Federal Reserve has launched a sophisticated AI-driven tool called the ScamClassifier model, aiming to bolster the fight against financial fraud. This new initiative is designed to enhance scam reporting, detection, and mitigation within the payments industry.
Organizations are struggling to detect increasingly sophisticated breaches, with over one-third reporting their security tools fail to identify breaches, according to Gigamon.
AI will transform finance, boosting profits and automating up to half of jobs, says Citi. The report finds 54% of banking jobs highly automatable and 12% augmentable by AI. AI is in a proof-of-concept stage but is rapidly advancing.
Security firm Kaspersky warns that 45% of passwords can be cracked within a minute using brute force or smart guessing attacks. Analyzing 193 million English passwords from the darknet, Kaspersky found 87 million could be broken within 60 seconds. Another 14% could be cracked in under an hour, while only 23% could last over a year.
