The bitterest pill to swallow for many mid-market CFOs is not that their cybersecurity budget is growing. It is that some of what they already spend has stopped making economic sense. Artificial intelligence, quantum computing and blockchain-based finance are attacking three different assumptions on which...
Google has begun releasing updates to its Chrome browser every two weeks rather than the previous four weeks, the company said in a Tuesday (Sept. 8) blog post. The new schedule began with the Tuesday launch of Chrome 153 on Desktop, Android and iOS, and...
OpenAI committed $1 billion in subsidized access to its security program, Daybreak, for community and regional banks and other operators of essential services, the company said in a Thursday (Sept. 3) blog post. The new global initiative, Daybreak for Frontline Defenders, is also available to...
The FBI is investigating a possible breach that may have exposed scans of millions of American drivers’ licenses, according to Bloomberg News. A bureau spokesperson confirmed the investigation on Thursday. The news lands as identity verification companies face growing pressure to protect the documents they...
There’s a potentially massive driver’s license breach now under FBI investigation. The most consequential impact of the breach isn’t simply its size. It’s what may have been stolen. Criminals are claiming on the dark web to have stolen more than 153 million digital driver’s license...
Media/technology company Thomson Reuters has reported a cybersecurity incident involving its case management system. The incident was detected in 11 U.S. states, as well as in Canada and the U.S. Virgin Islands and involved the company’s C-Track tool, used for managing court cases, Reuters — itself...
Banks often don’t see a fraud scheme until money has left the account, and then it’s too late. A stolen check, compromised card or banking credential may already have circulated among criminals, giving fraud teams little time to intervene. As payments move faster and fraudsters...
Merchants may have more revenue to gain from approving good customers than from tightening fraud controls another turn. That opportunity runs through “The Performance Gap: Why Every Transaction Is a Growth Opportunity,” the August edition of the “Optimizing Payments Tracker® Series.” The report finds that...
Visa has introduced new tools to help banks prevent account-to-account (A2A) fraud. The payments giant on Tuesday (Sept. 1) debuted an enhanced version of its A2A project, designed to offer real-time risk insights that help banks stop A2A fraud before funds leave customer accounts. “Fraudsters...