As banks clamped down and put in more controls on withdrawals, scammers moved on to cyber hacks and ... for banks that can rate payment transactions by risk of fraud, either based on the type ...
Respondents suggest generative AI, regulations and cyber insurance will all play a role in cybersecurity next year.
In that respect, financial advisors (and their counterparts in broker-dealers, custodians, and clearing firms) have a lot of ...
AI tools are accelerating the development of deepfake schemes and disinformation campaigns that led to fraud The IRS is ...
The heist was a wake-up call for the finance world that systemic cyber risks in the financial system had been severely underestimated. Today, the assessment that a major ... Two ongoing trends ...
California’s privacy agency has proposed regulations on automated decisionmaking technology, risk assessments, and cybersecurity ... security, fraud prevention, or safety purposes.” ...
Britain's cyber-defence centre has thwarted more than one million cases of suspected payment card fraud in the last year, its annual review reveals. The National Cyber Security Centre (NCSC ...
Cybersecurity networks may be getting stronger ... the security of their online transactions. In 2023 alone, payment card fraud amounted to a staggering $577 million, which was a concerning ...