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. Known as “Gold...
Hugging Face, whose platform hosts AI datasets, has reportedly suffered an AI-powered data breach. As TechCrunch reported Monday (July 20), the company revealed the breach last week but said it was still determining if any customer or partner data had been stolen. On its blog, Hugging Face said...
Governments have reportedly begun banning ransomware payments to hackers as demand amounts continue to rise. That’s according to a report Monday (July 20) from the Financial Times (FT), which cites the example of the U.K.’s planned ban on ransomware payouts from public sector organizations and “critical national...
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). The latest company to report a cyberattack is Fairlife, a dairy company owned by The Coca-Cola...
Microsoft’s cybersecurity business is developing more artificial intelligence (AI) security products, cutting back on some of its more traditional security products, and consolidating engineering teams, which has led to several hundred layoffs, The Information reported Wednesday (July 15), citing unnamed sources. The company is making these...
The federal government’s artificial intelligence (AI) security initiative now has a name and a launch date. The White House launched Gold Eagle on Tuesday (July 14), a federal AI cybersecurity clearinghouse established by the Treasury Department with contributions from the Cybersecurity and Infrastructure Security Agency...
The best fraud prevention stops bad transactions and lets good ones move faster. But new findings in the June 2026 edition of The 2026 Certainty Project, a PYMNTS Intelligence and Plaid collaboration, reveal the ways in which that definition is no longer complete. Although nearly...
Ransomware hackers have reportedly begun rebranding to escape digital law enforcement. As the Wall Street Journal (WSJ) reported Monday (July 13), this isn’t a new tactic, but one that is happening more frequently as cyberdefenders adopt better security tools. Stopping ransomware attacks has “become a game of...
Security controls are designed to stop bad payments, but new data suggested the strongest systems may be the ones customers barely notice. The PYMNTS Intelligence report “When Controls Slow Commerce: The Data Behind Middle-Market Payment Friction,” the latest installment of the 2026 Certainty Project, found...