Watch more: What’s Next in Payments With WEX’s William Fitzgerald Payments fraud continues to evolve at a pace that strains conventional defenses, as increasingly automated attacks expose the limits of static controls and legacy authentication methods. The risks are no longer confined to isolated incidents....
Earlier this month, the White House announced funding cuts at the Homeland Security Department’s cyberdefense unit. Now, cybersecurity experts and lawmakers are warning that those cuts and earlier staff departures have hindered the ability of the Cybersecurity and Infrastructure Security Agency (CISA) to work with...
OpenAI will start rolling out a frontier cybersecurity model called GPT-5.5-Cyber to “critical cyber defenders” within days, CEO Sam Altman said in a Wednesday (April 29) post on X. “We will work with the entire ecosystem and the government to figure out trusted access for cyber; we want to rapidly help secure...
Artificial intelligence has opened Pandora’s box for enterprise cybersecurity. What it found was that the modern enterprise is no longer a closed system. It is a web of dependencies, stitched together by software vendors, cloud providers and outsourced engineering partners. Increasingly, the weakest link is...
Fraud is growing more pervasive, more adaptive and harder to contain. Financial institutions are responding by reworking how detection, prevention and customer protection are built into payment systems. The Federal Reserve Financial Services Risk Officer Survey, released Tuesday (April 28), draws on responses from more...
Hackers have begun impersonating Microsoft Teams help desk workers to dupe victims into installing data-stealing malware. That’s according to findings from Mandiant, the cybersecurity company owned by Google, flagged in a report Monday (April 27) from The Record. The campaign is from a threat group called UNC6692, and combines email flooding, phishing...
Watch more: The Digital Shift With Chainalysis’ Emmanuel Marot What happens when software stops assisting analysts and starts doing their jobs? In blockchain intelligence, that future may already be arriving. “We want to automate the tasks of our customers as much as possible,” Emmanuel Marot,...
New government data shows a significant increase in losses from social media scams. Findings released Monday (April 27) by the Federal Trade Commission (FTC) show that almost 30% of people who reported losing money in a scam last year say that the scam originated on...
ACI Worldwide and JPMorgan Chase have launched a partnership to combat payment fraud. The collaboration, announced Friday (April 24), will see JPMorgan integrate its Kinexys Liink’s Confirm application into ACI Worldwide’s Fraud and Financial Crime solution. According to an ACI news release, the integration embeds...