The Dutch financial crime investigators (FIOD) arrested a 57-year-old company director and a 39-year-old who headed a separate firm providing internet connectivity.
Tag: financial
AI, Global Security News
Netherlands seizes 800 servers of hosting firm enabling cyberattacks
Financial crime investigators in the Netherlands (FIOD) arrested two men and seized 800 servers linked to a web hosting company that enabled cyberattacks, interference operations, and disinformation campaigns. […]
Cybersecurity, Global Security News
Bank of England, FCA and Treasury Raise Alarm Over Frontier AI
The UK’s financial authorities have set expectations for the sector on cybersecurity and operational resilience
AI, Global Security News
The Messy Courtroom Drama Over AI’s Biggest Breakup
The legal showdown between Elon Musk and OpenAI exposed the personal and financial fault lines beneath Silicon Valley’s defining boom.
AI, APAC, Cloud Security, Compliance, Europe, Global Security News, Risk Management
Introducing the updated AWS User Guide to Governance, Risk, and Compliance for Responsible AI Adoption
The financial services industry (FSI) is using AI to transform how financial institutions serve their customers. AI solutions can help proactively manage portfolios, automatically refinance mortgages when rates decrease, and negotiate insurance premiums for customers. However, this adoption brings new governance, risk, and compliance (GRC) considerations that organizations need to address. To help FSI customers…
AI, Apps, Compliance, Data Breaches, Global Security News, Network Security, Risk Management
Banks Face a Growing AI Risk at the Database Layer
Financial institutions are rapidly deploying AI, but new research suggests many banks may be securing the wrong layer of the stack. Liquibase researchers warn that while organizations focus heavily on AI models and APIs, the database layer may be one of the most exposed parts of modern financial infrastructure. “Governance for agents has to move…
AI, Cybersecurity, Data Breaches, Endpoint, Global Security News, Government & Policy, Risk Management
FIRESIDE CHAT: Cyber insurers deepen SMB security role as supply chain attacks spread
The cyber insurance industry set out to manage financial risk. Along the way, it has quietly became the security operations provider for a significant share of American small businesses. An $11 billion acquisition agreement announced earlier this year suggests it intends to stay in that role. Related: No easy AI security fixes I sat down…
AI, Global Security News
Anthropic and FIS Are Building an AI Agent to Help Banks Police Financial Crimes
The AI giant struck a partnership with financial software provider FIS to develop new tools for banks.
Global Security News
OpenAI Wants to Go Public. First Sarah Friar Needs to Get It to Grow Up.
The chief financial officer is managing Sam Altman—and ambitions for one of the biggest IPOs ever.
AI, Global Security News
Sage Acquires Doyen AI to Speed Finance Implementations
Sage, an accounting, financial, and HR technology provider, has acquired Doyen AI, an AI-focused company that aims to make customer onboarding and implementation faster, simpler, and more accurate for finance teams. The deal expands Sage’s AI strategy with tools designed to automate and streamline implementation workflows, helping customers reduce onboarding complexity and accelerate deployment timelines.…
AI, Global Security News
Claude Mythos Fears Startle Japan’s Financial Services Sector
Global financial institutions are panicked over Anthropic’s new superhacker AI model. Cyber experts aren’t quite as worried.
AI, Funding, Global Security News
Google Cloud Funds Partner Push for Enterprise AI Agents
Google Cloud is putting new financial weight behind its partner ecosystem as it pushes deeper into enterprise AI, announcing a $750 million fund at Next ’26 to accelerate partner-led development and deployment of “agentic” AI systems. New fund promises to support prototyping, AI training, and more across partner ecosystem The investment, which Google says will…
Data Breaches, Global Security News
DORA and operational resilience: Credential management as a financial risk control
Article 9 of DORA makes authentication and access control a legal obligation for EU financial entities. Here is what the regulation requires, and what a breach looks like when those controls are missing. […]
AI, Compliance, Cybersecurity, Data Breaches, Endpoint, Exploits, Global Security News, malware, Network Security, Risk Management
Inside agenteV2: How Brazilian Attackers Use Fake Court Summons to Steal Banking Credentials in Real Time
A new phishing campaign targeting Brazilian users demonstrates how modern financial malware has evolved from simple credential theft into full-scale, operator-driven fraud platforms. Disguised as a judicial summons, this campaign leverages social engineering, multi-stage malware delivery, and real-time remote access capabilities to compromise victims and actively assist attackers in financial theft. For organizations, the implications extend beyond individual users. Employees accessing corporate…
Global Security News
Celonis and ProcessLab launch home mortgages manager to speed up loan approvals process
Financial institutions will be able to approve home loan mortgages faster with Celonis and ProcessLab announcing the launch of its Home Mortgages Manager.
AI, Cloud Security, Global Security News
Unchecked AI Agents Cause Cybersecurity Incidents at Two Thirds of Firms
Data exposure, operational disruption and financial losses among issues faced by businesses struggling with the rapid rise of AI agents, warns Cloud Security Alliance report
china, Global Security News
Chinese APT Targets Indian Banks, Korean Policy Circles
China is spying on India’s financial sector, for some reason, and it’s not putting much effort into it, judging by some stale TTPs.
Global Security News
UserTesting appoints Ryan Roland as Chief Financial Officer
UserTesting today announced the appointment of Ryan Roland as Chief Financial Officer. In this role, he will lead UserTesting’s global finance organisation, including accounting, financial planning and analysis, and information technology.
AI, Exploits, Global Security News, Risk Management
DataVisor brings conversational AI agents to fraud and AML operations
DataVisor has announced Vera, a suite of conversational AI agents designed to combat financial crime. Vera enables institutions to manage risk using natural language, allowing teams to issue instructions that AI agents execute across the fraud and AML lifecycle. By reducing manual workflows, the platform supports a more efficient and adaptive operating model for modern…
Global Security News, malware
JanelaRAT Malware Targets Latin American Banks with 14,739 Attacks in Brazil in 2025
Banks and financial institutions in Latin American countries like Brazil and Mexico have continued to be the target of a malware family called JanelaRAT. A modified version of BX RAT, JanelaRAT is known to steal financial and cryptocurrency data associated with specific financial entities, as well as track mouse inputs, log keystrokes, take screenshots, and…
Cybersecurity, Global Security News
MITRE releases a shared fraud-cyber framework built from real attack data
Financial fraud losses in the United States reached $16.6 billion in 2024, up from $4.2 billion in 2020. Behind those numbers is a structural problem: the teams responsible for stopping fraud, fraud investigators and cybersecurity analysts, have historically operated separately, using different tools, different terminology, and different mental models of how attacks unfold. The MITRE…
AI, Global Security News, Risk Management
PagerDuty Report Shows AI-First Operational Resilience Emerging as Key Driver of Revenue Growth in ANZ
Annual survey demonstrates how the financial risk of major incidents is now a board-level imperative
Global Security News
Zip to launch ZMobile to Australian customers
Zip Co (ASX: ZIP), the digital financial services company offering innovative, people-centred products, has today announced the launch of ZMobile, a new mobile offering created in partnership with TPG Telecom, designed to make it easier for Australians to access great mobile plans, providing value without compromise.
Global Security News
Iran‑Backed Threat Actors Hit US CNI Providers via Internet‑Facing OT Assets
CISA has revealed Iranian attacks causing disruption and financial loss at US critical infrastructure firms
AI, Global Security News
Cybercrime losses break the $20 billion mark
Online crime continues to generate rising financial losses, with totals reaching $20.877 billion in 2025. The FBI’s Internet Crime Complaint Center (IC3) report shows a 26% increase in total reported losses from the previous year. (Source: FBI) More than one million complaints were submitted during the year, with fraud accounting for the majority of losses.…
Global Security News
Beyond the billion-dollar banking oversight: How process intelligence can surface vital warning signs
GUEST OPINION: When one of Australia’s Big Four financial institutions recently self-reported over $1 billion in potentially fraudulent loans, the industry’s focus immediately turned to the sophistication of the bad actors. But for those of us looking at the mechanics of global banking, the more pressing question isn’t how the documents were doctored, it’s how…
AI, Global Security News
Microsoft releases open-source toolkit to govern autonomous AI agents
AI agents can book travel, execute financial transactions, write and run code, and manage infrastructure without human intervention at each step. Frameworks like LangChain, AutoGen, CrewAI, and Azure AI Foundry Agent Service have made this kind of autonomy straightforward to deploy. The governance infrastructure to match that autonomy has lagged behind. Microsoft released the Agent…
Global Security News
Eight in 10 UK Manufacturers Hit by Cyber Incident in a Year
Most UK manufacturers compromised last year suffered financial loss, says ESET
Global Security News
Oracle Lays Off Workers Amid Heavy AI Investment
Investors see the database firm as a barometer of the financial prospects for artificial intelligence. Oracle’s stock was up 5%.
AI, APAC, Apps, Compliance, Cybersecurity, Global Security News, Risk Management
Preparing for agentic AI: A financial services approach
Deploying agentic AI in financial services requires additional security controls that address AI-specific risks. This post walks you through comprehensive observability and fine-grained access controls—two critical capabilities for maintaining explainability and accountability in AI systems. You will learn seven design principles and get implementation guidance for meeting regulatory requirements while deploying secure AI solutions. Financial…
Global Security News
New PXA Stealer Malware Targets Banks, Uses Telegram to Exfiltrate Data
CyberProof researchers have detected a 10% surge in PXA Stealer attacks targeting financial institutions in Q1 2026. Learn…
Global Security News
Cloud Phones Linked to Rising Financial Fraud Threat
Cloud Android phones fuel financial fraud, evading detection and enabling dropper accounts
Global Security News
Kong names Bruce Felt as Chief Financial Officer
Kong Inc. has announced that Bruce Felt has joined the company as Chief Financial Officer (CFO). Felt is a seasoned finance leader who brings deep experience guiding enterprise software companies through their most critical growth phases, including several initial public offerings, strategic acquisitions, and expansion into global markets.
Global Security News, malware
Financial Brands Targeted in Global Mobile Banking Malware Surge
Mobile banking malware targets over 1200 financial apps globally, shifting fraud to user devices
Global Security News
FCA Updates Cyber Incident and Third-Party Reporting Rules
The UK’s financial regulator has issued new rules to make incident and third-party reporting clearer
Global Security News
Marquis: Ransomware gang stole data of 672K people in cyberattack
Marquis, a Texas-based financial services provider, revealed this week that a ransomware gang stole the data of over 670,000 individuals in an August 2025 cyberattack that also disrupted operations at 74 banks across the United States. […]
Exploits, Global Security News
Coruna Exploit Kit Targets Older iPhones in Multi-Stage Campaigns
Exploit kit “Coruna” targets iPhones running iOS 13.0 to 17.2.1, focusing on financial data theft
AI, Compliance, Global Security News, Risk Management
2025 FINMA ISAE 3000 Type II attestation report available with 183 services in scope
Amazon Web Services (AWS) is pleased to announce the issuance of the Swiss Financial Market Supervisory Authority (FINMA) Type II attestation report with 183 services in scope. The Swiss Financial Market Supervisory Authority (FINMA) has published several requirements and guidelines about engaging with outsourced services for the regulated financial services customers in Switzerland. An independent…
Global Security News
The Advisor Practice Sale Process: A Modern, Client-Safe Playbook for Selling Your Firm Without Losing Value
Selling a financial advisory practice is often described as a “transaction,” but that word doesn’t do it justice. This is closer to a trust transfer—and trust is the one asset you can’t rebuild overnight if the handoff goes sideways.
Cybersecurity, Global Security News, Risk Management
Healthcare organizations are accepting cyber risk to cut costs
Healthcare organizations are cutting cybersecurity budgets under financial pressure even as the threats targeting their systems intensify. A PwC survey of 381 global healthcare executives, conducted between May and July 2025, puts numbers to the gap between the risks the sector faces and the controls it has in place. Key findings (Source: PwC) Data protection…
AI, Apps, Global Security News, Risk Management
Jack Dorsey shrinks Block to ‘intelligence‑native’ model, cutting 4,000 jobs
Block, the payments and financial services company led by Jack Dorsey, is cutting more than 4,000 jobs, nearly half its workforce, because AI tools have made a leaner organisation not just possible, but strategically preferable, Dorsey said in a letter to its shareholders. The cuts will reduce Block’s headcount from over 10,000 to just under…
AI, Apps, Compliance, Data Breaches, Exploits, Global Security News, Network Security, Risk Management
12.4 Million Accounts Exposed in CarGurus Leak
Millions of CarGurus users may have had their personal and financial data exposed after a notorious threat actor group published a massive dataset allegedly stolen from the automotive marketplace. Attributed to the ShinyHunters extortion group, the leak includes 12.4 million records with about 70% of those being new data. “The ShinyHunters extortion group has published…
AI, Europe, Global Security News, Russia
UAC-0050 Targets European Financial Institution With Spoofed Domain and RMS Malware
A Russia-aligned threat actor has been observed targeting a European financial institution as part of a social engineering attack to likely facilitate intelligence gathering or financial theft, signaling a possible expansion of the threat actor’s targeting beyond Ukraine and into entities supporting the war-torn nation. The activity, which targeted an unnamed entity involved in regional
AI, Global Security News
Hackers target Microsoft Entra accounts in device code vishing attacks
Threat actors are targeting technology, manufacturing, and financial organizations in campaigns that combine device code phishing and voice phishing (vishing) to abuse the OAuth 2.0 Device Authorization flow and compromise Microsoft Entra accounts. […]
AI, Global Security News
Operation DoppelBrand: Weaponizing Fortune 500 Brands
The GS7 cyberthreat group targets US financial institutions with near-perfect imitations of corporate portals to steal credentials and gain remote access.
AI, Global Security News
Operation DoppelBrand Weaponizes Trusted Brands For Credential Theft
New phishing campaign dubbed Operation DoppelBrand targeted major financial firms like Wells Fargo
AI, APAC, Exploits, Global Security News, malware, Network Security
New threat actor UAT-9921 deploys VoidLink against enterprise sectors
A new threat actor, UAT-9921, uses the modular VoidLink framework to target technology and financial organizations, Cisco Talos reports. Cisco Talos spotted a previously unknown threat actor, tracked as UAT-9921, using a new modular attack framework called VoidLink. The group targets organizations in the technology and financial services sectors. The flexible design of VoidLink suggests…
Cybersecurity, Global Security News, Tips & Hacks
Smart Digital Moves for a Borderless Financial Life
In this post, I will talk about the smart digital moves for a borderless financial life. As the world becomes more globalized in terms of work, business, and investing, more people are dealing with money on an international level. Remote workers, entrepreneurs, and digital nomads are using online tools to manage their contracts, invoices, and…