Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Against that backdrop, financial institutions (FIs)...

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‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
September 14, 2023  |  Cybersecurity

Authorities have reportedly identified the source of the hack that crippled Las Vegas’ biggest casino group. A group of hackers dubbed “Scattered Spider” is the...

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Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
September 13, 2023  |  Security & Fraud

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately...

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MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
September 13, 2023  |  Cybersecurity

The cyberattack on MGM Resorts is still reportedly causing trouble for travelers. Guests at the MGM Grand in Las Vegas are dealing with restaurants and...

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MGM Resorts Websites Remain Down Amid Cyberattack
MGM Resorts Websites Remain Down Amid Cyberattack
September 12, 2023  |  Cybersecurity

MGM Resorts’ websites remain down Tuesday (Sept. 12), two days after the beginning of a cyberattack targeting the hotel and gaming company. The firm, which...

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Multi-Factor Approach Protects Banks From Fraudsters Seeking Vulnerabilities
Multi-Factor Approach Protects Banks From Fraudsters Seeking Vulnerabilities
September 12, 2023  |  Cybersecurity

Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, noted in an interview that banks’ customers (consumers and enterprises) are prime...

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MGM Resorts Sees Outages Across Properties Due to Cybersecurity Issue
MGM Resorts Sees Outages Across Properties Due to Cybersecurity Issue
September 11, 2023  |  Cybersecurity

Hotel and gaming company MGM Resorts is grappling with a cybersecurity issue that has caused an outage across its properties. “Our investigation is ongoing, and...

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Report: Hackers Steal Over $691,000 in Phishing Attack on Social Media
Report: Hackers Steal Over $691,000 in Phishing Attack on Social Media
September 11, 2023  |  Security & Fraud

Hackers reportedly gained control of the X, formerly Twitter, account of Ethereum founder Vitalik Buterin and stole more than $691,000 from unsuspecting victims. The attack...

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This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
September 08, 2023  |  artificial intelligence

Is it Moore’s Law, or more’s law?  Anyone keeping an eye on the generative artificial intelligence (AI) landscape could be forgiven for confusing the two. ...

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