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Tag: fintech

As AI agents start making purchases, security teams must rethink risk

In this Help Net Security interview, Donald Kossmann, CTO at fintech company Chargebacks911, talks about the emerging security, fraud, and governance risks of “agentic commerce,” where AI agents can autonomously make purchasing decisions on behalf of users or organizations. He explains that as AI agents gain the ability to shop, negotiate prices, select suppliers, and…

Fintech firm Figure disclosed data breach after employee phishing attack

Fintech firm Figure confirmed a data breach after hackers used social engineering to trick an employee and steal a limited number of files. Blockchain-based lending firm Figure confirmed a data breach after an employee fell victim to a social engineering attack. According to a company spokesperson, the incident allowed hackers to access and steal a…

How Threat Intelligence Helps Protect Financial Organizations from Business Risk

The financial sector resembles a treasure vault under constant siege. Banks, insurers, and fintech firms are not just custodians of money. They are guardians of irreplaceable personal and corporate data, payment flows, transactional integrity, and trust itself.   When cybercriminals strike, the ripple effects cascade outward, threatening individual savings, corporate balance sheets, national infrastructures, and broader economic confidence.  The Biggest…