‘Whack-a-mole’: Proxy browsers can protect FI networks from web-based attacks
Cybercriminals are using AI to launch sophisticated browser attacks that can be difficult to detect and can put a financial...
Risk & Security
AI outages ripple through banking sector, raising resilience questions
Major AI providers Anthropic, OpenAI, Grok and Gemini experienced outages today, according to real-time outage monitor DownDetector. Anthropic confirmed two...
Stealthy browser attacks can put FI networks at risk
For years, standard cybersecurity advice for browser users has been “don’t click on fishy links” and “don’t download anything.” But...
Fraudsters hiring bankers to commit fraud; AI can help stop it
Financial institutions are deploying AI to counter internal fraud attempts as fraudsters look to bank employees to do their dirty...
Palo Alto Networks: ‘Platformization’ fused with frontier AI critical to cybersecurity
Cybersecurity company Palo Alto Networks believes successful cyber-defense must fuse “platformization” and AI tools to enable machine-speed remediation as agentic...
5 questions with … BMO Head of Enterprise Fraud Management Spencer Shea
AI is increasing the speed and scale at which bad actors can defraud banks and account holders, forcing banks to...
Ransomware-as-a-Service democratizes hacking
Bad actors looking to commit ransomware attacks no longer need to be technologically savvy to be successful — Ransomware-as-a-Service, a...
Visa to acquire BioCatch for $2.4B
Visa plans to boost its cyber, fraud, risk and security solutions with the acquisition of Israeli tech firm BioCatch for...
Okta acquires Permiso as it shores up AI security offerings
Identity and access management company Okta has closed on its acquisition of Permiso Security. San Francisco-based Okta provides cloud-based software...
Top 4 fraud threats FIs should watch for
Fraud poses new threats each year as AI grows in sophistication, requiring FIs to increase monitoring and enhance fraud detection...
