The Bank Policy Institute is recommending that financial institutions and their regulators reduce direct electronic transfers of sensitive financial and supervisory data, arguing that traditional practices such as uploading files to regulator-controlled portals or sending encrypted emails can create unnecessary cybersecurity risks. Get the Full...
Capital One has announced the open-source release of its in-house agentic AI security tool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
A new report by House Republicans argues that fraud and scams have reached “unprecedented” levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Companies are pouring more money into private jets, personal drivers, home surveillance and cyber defenses to protect senior leaders. But few can say exactly how much risk that spending removes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
OpenAI said Tuesday (July 21) that a security incident reported last week by Hugging Face was caused by OpenAI models as their cyber capabilities were being tested by OpenAI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The White House has launched an artificial intelligence-powered cybersecurity clearinghouse designed to accelerate the discovery and remediation of software vulnerabilities. Although not aimed specifically at financial institutions, the initiative could eventually influence how federal banking regulators assess institutions’ cyber risk management practices. Get the Full...
Hugging Face, whose platform hosts AI datasets, has reportedly suffered an AI-powered data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Governments have reportedly begun banning ransomware payments to hackers as demand amounts continue to rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Seventeen companies in the United States have reported or been affected by cyber incidents this year amid a worldwide surge in artificial intelligence-driven cyberattacks, Reuters reported Friday (July 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
