Tag: financial tech
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AlgorithmWatch: Flagged by the Algorithm: Klarna Thought I’m a Fraudster
Source URL: https://algorithmwatch.org/en/flagged-algorithm-klarna-fraudster/ Source: AlgorithmWatch Title: Flagged by the Algorithm: Klarna Thought I’m a Fraudster Feedly Summary: Flexible payment company Klarna’s automated systems flagged a user for allegedly failing to pay for an online order. She had been told that a glitch in the platform prevented her from paying, and then Klarna’s algorithms sent her…
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The Register: Coyote malware abuses Microsoft’s UI Automation to hunt banking creds
Source URL: https://www.theregister.com/2025/07/24/coyote_malware_microsoft_uia/ Source: The Register Title: Coyote malware abuses Microsoft’s UI Automation to hunt banking creds Feedly Summary: Some coyotes hunt squirrels, this one hunts users’ financial apps A new variant of the Coyote banking trojan abuses Microsoft’s UI Automation (UIA), making it the first reported malware to use UIA for credential theft.… AI…
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Schneier on Security: Hearing on the Federal Government and AI
Source URL: https://www.schneier.com/blog/archives/2025/06/hearing-on-the-federal-government-and-ai.html Source: Schneier on Security Title: Hearing on the Federal Government and AI Feedly Summary: On Thursday I testified before the House Committee on Oversight and Government Reform at a hearing titled “The Federal Government in the Age of Artificial Intelligence.” The other speakers mostly talked about how cool AI was—and sometimes about…