Cybersecurity

Cybersecurity
Oracle Urges Immediate Software Patches as Hackers Breach PeopleSoft Servers
June 11, 2026

Oracle has discovered a vulnerability in some of its PeopleSoft software that is remotely exploitable without authentication and can result in remote code execution if exploited by hackers, the company said in a Wednesday (June 10) security alert. The vulnerability (CVE-2026-35273) is in Oracle PeopleSoft...

Cybersecurity
CISA Shifts Focus to Risk Management Amid AI Surge and Hiring Push
June 11, 2026

The United States’ lead cybersecurity agency is pivoting toward a strategy of “ruthless” prioritization as it grapples with a wave of new artificial intelligence (AI) mandates and a depleted workforce. Acting Cybersecurity and Infrastructure Security Agency (CISA) Director Nick Andersen, speaking Tuesday (June 9) at...

Cybersecurity
Fifth Third Joins Anthropic’s Project Glasswing
June 10, 2026

Fifth Third Bancorp was invited to join Anthropic’s Project Glasswing cybersecurity initiative, Seeking Alpha reported Wednesday (June 10). The bank’s chief financial officer, Bryan Preston, said at the Morgan Stanley U.S. Financials Conference that Fifth Third was granted access to the initiative within the past several weeks, according to the report. “We think it...

Cybersecurity
AI Fraudsters Are Building the Perfect Fake Borrower
June 10, 2026

Financial fraud today is no longer chaotic. It is being optimized by artificial intelligence. Across the lending industry, a new category of fraud is emerging that combines deepfake video, cloned voices, synthetic identity creation, fabricated employment histories and AI-generated financial behavior into a single engineered...

Fraud Prevention
Bank Tellers Play Detective in Face of Rising Fraud
June 07, 2026

A spike in incidents of financial fraud has reportedly turned America’s bank tellers into quasi-detectives. That’s according to a report Sunday (June 7) from The New York Times (NYT), which noted that this is happening against the backdrop of a five-fold increase in cybercrime losses,...

Cybersecurity
Google Warns That Fake IT Workers Are Stealing Financial Data
June 05, 2026

Google’s cybersecurity organizations said Friday (June 5) that data theft extortion groups are targeting professional, legal and financial services organizations by impersonating IT support. These groups are posing as IT technicians remotely and in person, Mandiant and Google Threat Intelligence Group wrote in a Friday blog post. In remote campaigns,...

Risk Management
The Smart Money Is Learning to Love Merchant Complexity
June 05, 2026

Watch more: Need to Know With Maverick Payments’ Barry Prentice Underwriting serves as a safeguard against financial, operational and regulatory exposure, yet it can also become a bottleneck when businesses don’t fit neatly into established categories. That tension is becoming more pronounced as merchants adopt...

Fraud Prevention
Klarna Defends Customers Against Rising Impersonation Scams
June 04, 2026

Klarna has launched a new security measure designed to protect its customers from impersonation scams. The company has added to its app a Klarna Inbox that mirrors all official communications from the company to the customer, including emails, SMS, push notifications and physical letters, it...

Fraud Prevention
Google Fights Impersonation Scams With Fake-Call Detection Tech
June 02, 2026

Google has introduced a fake-call detection feature designed to combat impersonation fraud enabled by spoofed phone numbers and artificial intelligence (AI) deepfake technology. Fake call detection works if both the user and their contact are using Phone by Google, the company said in a Tuesday (June 2) blog post....