Cyber security
Big banks are investing in quantum computing. What does that mean for the future of finance? And, more importantly, will they ever become useful?
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Financial institutions need to beware of advanced persistent threats and of the potential security shortcomings of their vendors, experts say.
January 3 -
A consortium of banks focused on cybersecurity has published a series of white papers aimed at navigating the challenges and opportunities of AI in the financial sector.
February 29
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Version 2.0 of the Cybersecurity Framework, often cited by financial regulators, provides a structured approach to enhancing an institution's cybersecurity.
February 26 -
An increase in paper mail theft corresponds with a rise in physically altered checks that redirect funds to fraudsters.
December 10 -
Fraudsters are likely to increase their use of generative artificial intelligence to attack banks and other payment companies. Investors are using their own influence to fight back.
November 16 -
The bank suffered its third breach in three years, this time by virtue of a vulnerability in Progress Software's file-transfer system. But Flagstar is only one of many such victims.
October 18 -
In a Wednesday Congressional hearing, an assistant superintendent explained why her school district decided to pay a ransom to cyber criminals. It's a cautionary tale for banks, which are often targets.
September 29 -
At the Sibos conference, cybersecurity leaders at banks and other experts debated how to train employees to thwart threats that AI has intensified.
September 22 -
Two federal agencies recently released a warning about a strain of ransomware called Snatch, which has adopted the successful tactics of other variants.
September 21
