Cyberattacks news and trends

Santander and HSBC Join Government Warnings on QR Code-Based Cyberattacks
Cybersecurity // October 27, 2024

First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of this type of phishing scam, which involves QR codes.  Banks such as Santander and HSBC...

Making Sense of Quantum Data Defense in the Payments Space
Cybersecurity // October 25, 2024

For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just mean a lost paycheck; it could trigger a financial disaster on a global, digitally interconnected scale. And with the news...

UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout
Earnings // October 15, 2024

Cyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. In February 2024, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Nearly eight months later, and the healthcare giant’s executives on Tuesday shared that the company is still being forced to...

India Central Bank Head Warns of AI ‘Opacity’ in Finance
artificial intelligence // October 14, 2024

The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence (AI) and machine learning in the financial world can trigger stability risks, requiring proper risk...

Interviews & Exclusives
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions

March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats, making their work faster and more efficient. By analyzing vast amounts of data and identifying complex patterns, AI automates the initial stages of incident investigation. […]

Higher Ed Redefines Fraud Strategies for the Connected Campus

January 18, 2024
The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities. And amid this transformative shift there is a pressing need...

Fraudsters Launching Fewer Attacks, But Aim At Bigger Targets

October 18, 2021
The steady rise of the global eCommerce market has created a radically new fraud environment, where fraudsters now seek bigger targets, but strike less often. The evolution comes at a time when merchants that have embraced payments innovation are...

Digital-First CFOs Empower The Enterprise With Data

March 11, 2021
Among the countless negative impacts of the global coronavirus crisis is a surge in cyberattacks on the global business community. A perfect storm of work-from-home requirements and pandemic-related uncertainty has...

Quick Reads
Capital One and USAA Invest in Security Firm Tidal Cyber

October 28, 2024
Security firm Tidal Cyber says it has landed investments from Capital One and USAA. The investments will help enhance the company’s enterprise edition platform and fuel the adoption of Tidal’s “threat-informed defense” offering, according to a Monday (Oct. 28) news release. In addition the investments will help accelerate Tidal’s go-to-market activities and product development, including expanding sales and marketing activities […]

Santander and HSBC Join Government Warnings on QR Code-Based Cyberattacks

October 27, 2024
First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of...

India Central Bank Head Warns of AI ‘Opacity’ in Finance

October 14, 2024
The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence...

Government Agencies Investigating Whether Chinese Hackers Targeted US Telecommunications Firms

October 07, 2024
The National Security Agency (NSA), other government agencies and some companies have reportedly begun investigating the possibility that Chinese hackers have targeted American telecommunications companies. The investigation is in its early...