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AI abuse and misinformation campaigns threaten financial institutions

Though generative AI offers financial firms remarkable business and cybersecurity utility, cyberthreats relating to GenAI in financial services are a consistent concern, according to FS-ISAC. Cybercriminals exploit AI for data exfiltration The cybers.....»»

Category: securitySource:  netsecurityMar 29th, 2024

Triangulation fraud: The costly scam hitting online retailers

In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»

Category: securitySource:  netsecurityRelated NewsApr 30th, 2024

Lear to acquire Spanish automation supplier to ease labor costs

Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Okta warns customers about credential stuffing onslaught

Credential stuffing attacks have exploded this April, Okta warns, and advises its customers to use available tools to block access requests originating from residential proxies before authentication takes place. Abuse of proxy networks “In cred.....»»

Category: securitySource:  netsecurityRelated NewsApr 29th, 2024

Physicists overcome two key operating hurdles in fusion reactions

A team of physicists from several institutions across the U.S. working with a colleague from China, at the DIII-D National Fusion Facility, in San Diego, California, has devised a way to overcome two key hurdles standing in the way of using fusion as.....»»

Category: topSource:  physorgRelated NewsApr 29th, 2024

Mammals on "sky islands" may be threatened by climate change, human development

A new study sheds light on how climate change and human development threaten mammal species living in isolated biodiversity hotspots known as "sky islands.".....»»

Category: topSource:  physorgRelated NewsApr 29th, 2024

Climate change, Brexit threaten to wilt Dutch tulips

Arjan Smit gazes out over his tulip fields, a riot of red and pink flowers he has cultivated all his adult life and part of a family business his grandfather started in 1940......»»

Category: topSource:  physorgRelated NewsApr 29th, 2024

AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock

The dealership group saw continued revenue gains in financial services and service and parts revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Nature degradation could cause a 12% loss to UK GDP, new analysis suggests

The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK u.....»»

Category: topSource:  informationweekRelated NewsApr 25th, 2024

Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption......»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

Solar geoengineering to cool the planet: Is it worth the risks?

When I first wrote about geoengineering in 2012 , it was considered far-fetched at best, and crazy by most. But 12 years later, while there is still controversy and considerable resistance to deploying it, respectable scientists and institutions are.....»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

Crises like pandemics or financial crashes could stall progress on gender diversity in boardrooms

Forget shattering the glass ceiling—a new research study published in The Leadership Quarterly warns that crises like the recent COVID-19 pandemic or a global financial crash could slam the brakes on progress toward improving gender diversity in bo.....»»

Category: topSource:  physorgRelated NewsApr 24th, 2024

Zero Networks unveils identity segmentation solution to prevent credential theft

Zero Networks announced the addition of identity segmentation capabilities within the Zero Networks platform. As stolen credentials remain a top threat facing organizations, this new identity segmentation solution stops privileged account abuse by au.....»»

Category: securitySource:  netsecurityRelated NewsApr 24th, 2024

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

GM Financial Q1 net income slips 8%

The captive said lease originations rose, while retail loans fell......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

GM posts higher Q1 profit, ups 2024 financial guidance

GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

10 colleges and universities shaping the future of cybersecurity education

Institutions featured on this list often provide undergraduate and graduate degrees, courses, as well as certificate programs tailored to meet the growing demand for cybersecurity professionals in various industries. Some notable colleges and univers.....»»

Category: securitySource:  netsecurityRelated NewsApr 23rd, 2024

The rising influence of AI on the 2024 US election

We stand at a crossroads for election misinformation: on one side our election apparatus has reached a higher level of security and is better defended from malicious attackers than ever before. On the other side, the rise of artificial intelligence (.....»»

Category: securitySource:  netsecurityRelated NewsApr 23rd, 2024

Europe"s main financial entity believes Apple"s proposed iPhone NFC changes aren"t enough

The European Central Bank is opposed to Apple's proposed changes to the iPhone's near-field communication at the core of Apple Pay, and has complained about it to the European Commission.Apple could have to make additional changes to its NFC APIsPiet.....»»

Category: appleSource:  appleinsiderRelated NewsApr 22nd, 2024

Here’s how to protect against iPhone password reset attacks [U]

One of the latest attacks on iPhone sees malicious parties abuse the Apple ID password reset system to inundate users with iOS prompts to take over their accounts. Here’s how you can protect against iPhone password reset attacks (often called “MF.....»»

Category: topSource:  marketingvoxRelated NewsApr 21st, 2024

Why trust is job #1 for new financial regulatory compliance

Why trust is job #1 for new financial regulatory compliance.....»»

Category: topSource:  pcmagRelated NewsApr 19th, 2024