A cybersecurity company says its research has unearthed serious threats from upstart AI model DeepSeek. Calling the artificial intelligence (AI) model a “Pandora’s box” of risks, AppSOC on Tuesday (Feb. 11) released findings from tests the company said showed a series of failures. “The DeepSeek-R1 model underwent rigorous testing using...
Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released Wednesday (Jan. 29). “The report argues that central banks need to find a balance between fostering innovation using AI and...
As Warren Buffet once said, risk comes from not knowing what you’re doing. After all, opportunities multiply as they are seized — but so do the negative consequences of risk. For corporate treasures and finance teams operating in today’s uncertain environment, many of whom are...
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to...
January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to shape corporate policy and internal operations — where lawsuits can […]
January 08, 2025
The premise of the 2002 film “Minority Report” revolves around using advanced predictive technology to stop crimes before they occur. While the story, originally by sci-fi writer Phillip Dick, focuses on...
December 16, 2024
Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. In the contemporary era dominated by digital payments and financial innovation, advances and threats alike are...
April 09, 2024
The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while...
February 11, 2025
A cybersecurity company says its research has unearthed serious threats from upstart AI model DeepSeek. Calling the artificial intelligence (AI) model a “Pandora’s box” of risks, AppSOC on Tuesday (Feb. 11) released findings from tests the company said showed a series of failures. “The DeepSeek-R1 model underwent rigorous testing using AppSOC’s AI Security Platform,” the company wrote on its blog. […]
January 29, 2025
Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released Wednesday (Jan. 29). “The report...
February 26, 2024
The Consumer Financial Protection Bureau (CFPB) has taken action to establish supervisory authority over installment lender World Acceptance Corp., saying it aims to ensure compliance with federal consumer financial protection laws. “The CFPB...
February 12, 2024
Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. “Many of the issues dominating today’s headlines were inconceivable a decade ago,” Claudia Buch said in her...