England’s central bank is warning lenders they shouldn’t assume they are invulnerable to artificial intelligence (AI)-powered cyberattacks. Sarah Breeden, deputy governor of the Bank of England (BoE) said Thursday (Oct. 15) that advances in artificial intelligence (AI) meant the technology now presents a “systemic risk”...
Japan’s government agencies are racing to improve the country’s cybersecurity measures after more than 20 major companies disclosed cyberattacks in recent weeks, the Financial Times reported Friday (Oct. 9). The companies said the attacks may have exposed tens of millions of pieces of customer data,...
South Korea has reportedly seen evidence of artificial intelligence involvement in recent cyberattacks on banks. As the Financial Times (FT) reported, President Lee Jae Myung said on Tuesday (Oct. 6) that hacks had revealed user data at seven financial firms, with indications of AI use in...
The Port of Los Angeles reportedly blocked more than 120 million cyberattacks during August. That’s according to a report Thursday (Sept. 17) by Bloomberg News, which notes that these attacks on America’s busiest container hub for global trade represent an ongoing operational threat amid shifting tariff policies. Gene...
April 14, 2025
For merchants seeking to deliver a seamless omnichannel experience to their consumers, fraud remains a persistent concern. And while they look to acquirers to offer up the payment innovations that help satisfy customers’ desires to transact digitally on their mobile devices, they also want acquirers to help them battle the tide of rising fraud. In […]
January 02, 2025
The share of chief operating officers (COOs) who report that their companies have implemented artificial intelligence (AI)-powered automated cybersecurity management systems has increased threefold since earlier this year. The increase...
April 18, 2024
Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.” Data breaches and mail theft...
April 16, 2024
The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left...
October 21, 2026
A hacking group known as CyberCartel reportedly used artificial intelligence (AI) agents from several high profile tech companies to automate cyberattacks on Latin American businesses. That’s according to a report Wednesday (Oct. 21) from The Information, citing research by the cybersecurity startup Straiker shared exclusively with the news outlet. According to the report, the hackers […]
October 15, 2026
England’s central bank is warning lenders they shouldn’t assume they are invulnerable to artificial intelligence (AI)-powered cyberattacks. Sarah Breeden, deputy governor of the Bank of England (BoE) said Thursday (Oct....
October 09, 2026
Japan’s government agencies are racing to improve the country’s cybersecurity measures after more than 20 major companies disclosed cyberattacks in recent weeks, the Financial Times reported Friday (Oct. 9). The...
October 06, 2026
South Korea has reportedly seen evidence of artificial intelligence involvement in recent cyberattacks on banks. As the Financial Times (FT) reported, President Lee Jae Myung said on Tuesday (Oct. 6) that...