Tag: financial institutions
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Hacker News: Ghost Tap: New cash-out tactic with NFC Relay
Source URL: https://www.threatfabric.com/blogs/ghost-tap-new-cash-out-tactic-with-nfc-relay Source: Hacker News Title: Ghost Tap: New cash-out tactic with NFC Relay Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses a new cash-out tactic used by fraudsters, termed “Ghost Tap,” which involves relaying NFC traffic to covertly cash out stolen credit card information linked to mobile payment systems…
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CSA: 5 Big Cybersecurity Laws to Know About Ahead of 2025
Source URL: https://www.schellman.com/blog/cybersecurity/2025-cybersecurity-laws Source: CSA Title: 5 Big Cybersecurity Laws to Know About Ahead of 2025 Feedly Summary: AI Summary and Description: Yes Summary: The text outlines upcoming cybersecurity regulations set to take effect in 2025, emphasizing the need for organizations to prepare adequately to avoid non-compliance penalties. Key regulations include the NIS 2 Directive,…
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Krebs on Security: Fintech Giant Finastra Investigating Data Breach
Source URL: https://krebsonsecurity.com/2024/11/fintech-giant-finastra-investigating-data-breach/ Source: Krebs on Security Title: Fintech Giant Finastra Investigating Data Breach Feedly Summary: The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of…
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Hacker News: Financial institutions told to get their house in order before next CrowdStrike
Source URL: https://www.theregister.com/2024/11/02/fca_it_resilience/ Source: Hacker News Title: Financial institutions told to get their house in order before next CrowdStrike Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the UK’s Financial Conduct Authority (FCA) urging financial institutions to enhance their resilience against IT outages similar to the significant disruption caused by a…
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The Register: Financial institutions told to get their house in order before the next CrowdStrike strikes
Source URL: https://www.theregister.com/2024/11/02/fca_it_resilience/ Source: The Register Title: Financial institutions told to get their house in order before the next CrowdStrike strikes Feedly Summary: Calls for improvements will soon turn into demands when new rules come into force The UK’s finance regulator is urging all institutions under its remit to better prepare for IT meltdowns like…
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AI Tracker – Track Global AI Regulations: The implications of the EU AI Act for financial services
Source URL: https://tracker.holisticai.com/feed/EU-AI-Act-financial-services Source: AI Tracker – Track Global AI Regulations Title: The implications of the EU AI Act for financial services Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the integration of AI technologies in the financial services sector, highlighting both the transformative potential and associated risks. It emphasizes the implications…
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Hacker News: Did DORA’s last update create an encryption loophole?
Source URL: https://evervault.com/blog/did-dora-s-last-update-create-an-encryption-loophole Source: Hacker News Title: Did DORA’s last update create an encryption loophole? Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the European Union’s Digital Operational Resilience Act (DORA), which aims to regulate and enhance the cybersecurity of financial institutions. It focuses on encryption requirements for data in transit,…
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Cloud Blog: Adapting model risk management for financial institutions in the generative AI era
Source URL: https://cloud.google.com/blog/topics/financial-services/adapting-model-risk-management-in-the-gen-ai-era/ Source: Cloud Blog Title: Adapting model risk management for financial institutions in the generative AI era Feedly Summary: Generative AI (gen AI) promises to usher in an era of transformation for quality, accessibility, efficiency, and compliance in the financial services industry. As with any new technology, it also introduces new complexities and…
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AI Tracker – Track Global AI Regulations: AI Regulation in Finance: What will be the Implications of the EU AI Act for Financial Services?
Source URL: https://tracker.holisticai.com/feed/EU-AI-Act-financial services-credit-insurance-high-risk-AI Source: AI Tracker – Track Global AI Regulations Title: AI Regulation in Finance: What will be the Implications of the EU AI Act for Financial Services? Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the integration of AI technologies within financial institutions and highlights the associated risks and…