Survey: Many businesses report being targeted by deepfake fraud
More than one in five organizations said they have experienced payment fraud resulting from AI-driven deepfake or executive impersonation attacks,...
Cybersecurity
Fraud: Is seeing still believing?
The problem of identity scamming.
CrowdStrike releases initial findings about cause of IT outage
A widespread computer systems outage late last week that hit many banks and other businesses was caused by a defect...
ABA encourages lawmakers to take steps to improve AI use, safety
Banks are a model for how other industries can explore using artificial intelligence safely and soundly, but policymakers can still...
Why API governance is a necessary strategy
Banks face challenges with maximizing their APIs as rapid adoption outpaces control measures.
Private-public partnership releases new bank resources for cloud computing adoption
Financial industry representatives and federal officials released a suite of resources to enhance the relationship between cloud service providers and...
European Union adopts new limits on artificial intelligence
The European Union has adopted what it characterizes as the world’s first comprehensive law on artificial intelligence, which bans some...
Survey: Bank executives optimistic about their institutions’ prospects
Two-thirds of U.S. bank senior executives are confident in their banks’ growth prospects, with three in five saying they plan...
Directors Briefing: Cyber expertise needs a home on bank boards
'A director with cybersecurity expertise on a board is a high-return, low-effort action that materially strengthens the boardroom.'
Survey: Midsize firms ramp up cyberattack protections
Forty-one percent of midsize firms said they were victims or a target of a cyberattack in the last 12 months.
