#banking-security

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Information security
fromTheregister
17 hours ago

Cybercrime up 245% since the start of the Iran war

Cybercrime increased 245 percent since the Iran war began, with banking and fintech sectors experiencing the most severe attacks through credential harvesting and reconnaissance traffic.
fromwww.independent.co.uk
5 days ago

Lloyds and Halifax technical glitch' showing other users' transactions to customers

This morning we incorrectly showed transaction information from some accounts to other customers in Internet Banking and the mobile app. We're sorry this happened. This issue was quickly identified and resolved We can assure you that nobody had access to your accounts. We're currently reviewing what happened to ensure this cannot occur again.
Privacy technologies
fromIndependent
3 months ago

Five ways bank scammers get your cash - and how to protect yourself

Scammers use a variety of techniques to trick you into parting with your cash. There are some ways to prevent it happening
Information security
fromLondon Business News | Londonlovesbusiness.com
4 months ago

Common mistakes to avoid when voiding a check - London Business News | Londonlovesbusiness.com

Voiding a check might seem like a small task, but it carries financial and security implications. Many people void checks when setting up direct deposit, paying bills automatically, or linking a bank account to a new platform. However, mistakes in the process can lead to lost time, rejected forms, or even fraud. Understanding how to void a check correctly and what not to do can save you from unnecessary headaches.
Business
fromBusiness Matters
5 months ago

HSBC warns UK business banking customers of third-party data breach

I provided passport details in good faith to HSBC as it was necessary for identification before opening up a business account. Now I'm worried that money will be taken out of the company account by crooks, with the third-party platform having been hacked. Worse, that my passport details could be sold on the dark web. I had reservations about providing ID proof in the first place because cyber attacks are now so prevalent but you put your trust in the banks to get online security right, first
Privacy professionals
#cybersecurity
fromFuturism
7 months ago

Sam Altman Warns That AI Is About to Cause a Massive "Fraud Crisis" in Which Anyone Can Perfectly Imitate Anyone Else

"I am very nervous about this. A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else."
Privacy professionals
#coyote-trojan
Artificial intelligence
fromFortune
7 months ago

AI's voice mimicking software is so powerful that a terrified Sam Altman just warned the Fed about a 'fraud crisis' around the corner

AI's ability to mimic human voices poses a significant fraud risk to banking systems.
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