Google’s Chrome web store is reportedly being plagued by a wave of malicious browser extensions. According to a report Monday (Feb. 16) by cybersecurity publication Dark Reading, these extensions claim to offer the abilities of an artificial intelligence (AI) assistant, while stealing users’ personal information...
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Half of all institutions surveyed say fraud has damaged customer loyalty, a finding that reframes financial crime as a strategic...
The growing adoption of artificial intelligence (AI) models has led to a new form of intellectual property theft called “model extraction attacks” or “distillation attacks,” Google Threat Intelligence Group (GTIG) said in a Thursday (Feb. 12) blog post. In these attacks, threat actors use their legitimate access to a large language...
Microsoft’s February security updates include fixes for security vulnerabilities that are used by hackers for one-click attacks, TechCrunch reported Wednesday (Feb. 11). In these attacks, hackers plant malware or gain access to a computer by simply tricking victims into clicking on a malicious link or opening a malicious Office...
Tradition is as tradition does. And traditionally, in many finance organizations, fraud protection has lived in the same mental bucket as insurance premiums and audit fees; something necessary, prudent and fundamentally defensive. But as B2B payments accelerate their shift to digital rails across ACH, virtual...
Vega Security raised $120 million in a Series B funding round to expand its cybersecurity solution. The company’s solution aims to disrupt the security information and event management (SIEM) market in which the SIEM model is centralized and all security telemetry is forced into a...
Watch more: Visa Protect With Visa’s Jeremiah Dewey The word “cybersecurity” can imply a defensive, even reactive discipline. But effective cybersecurity has never truly been either of those things, and as fraud scales faster, attack surfaces sprawl across ecosystems and consumer trust hardens into a...
Mastercard has launched a cybersecurity partnership with the United Arab Emirates (UAE). The collaboration will see Mastercard and the UAE Cyber Security Council (CSC) collaborate on best practices and develop “forward‑looking cybersecurity policies,” while also launching a report on the state of the UAE cybersecurity landscape, the payments...
Ahead of the Sunday (Feb. 8) Super Bowl, the venue in Santa Clara, California, was outfitted with technology to combat cyber threats, boost Wi-Fi capacity and power a “massive” 4K videoboard, Reuters reported Wednesday (Feb. 4). For cybersecurity, the NFL set up a cyber command...