ABA offers policy recommendations for proposed AI ‘action plan’
ABA offered four policy recommendations for Trump administration officials as they develop an “action plan” to advance the development and...
Cybersecurity
Survey: Most customers trust their banks to keep their data secure
A survey of bank customers in multiple countries found that most trust their main bank to keep their personal data...
Trump nominates Plankey to lead CISA
President Trump nominated Sean Plankey to be director of the Cybersecurity and Infrastructure Security Agency, which is part of the...
ABA, associations urge officials to rethink cybersecurity reporting rule
ABA and three financial sector associations urged Trump administration officials to rescind and reissue a proposed rule requiring financial institutions...
White House seeks public input on AI ‘action plan’
The White House invited public comment on President Trump’s “action plan” to advance the development and implementation of artificial intelligence...
Study suggests AI-generated ‘fake news’ could harm banks
A recent poll of U.K. residents found that most were likely to withdraw their money from a bank after being...
FS-ISAC releases guidance on quantum computing risks for credit card industry
FS-ISAC has released a series of papers on the challenges and threats posed by quantum computing for the payment card...
Study finds most people can’t spot deepfakes
A recent study found that the vast majority of participants couldn’t distinguish between real content and deepfake images and video,...
Survey: Cyber fraud against businesses increased in 2024
Cyber fraud rose by 14% last year, fueled in part by the use of generative artificial intelligence to create deepfakes,...
Bank survey: Businesses report losing millions to cyber fraud
A new survey by Webster Bank found that roughly half of C-suite executives polled said their businesses lost $10,000 to...
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