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The generative AI revolution is transforming how banks work

CIO

The generative AI revolution has the power to transform how banks operate. Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. So, as they leap into AI, banks must first ensure that their data is AI-ready. Generative AI, Innovation

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3 ways to deter phishing attacks in 2023

CIO

In fact, CIO has reported that it takes only a few minutes for experienced hackers to set up a social engineering attack against enterprises (and their managed service providers) that consider themselves to be secure and protected. What methods are cybersecurity experts using to minimize the impact of these attacks? Let’s dig deeper.

Security 349
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Daily Crunch: Silicon Valley Bank goes bust — regulators take control of $175B+ in deposits

TechCrunch

Hi, Crunchers, Today, there’s only one story on everyone’s lips: The sudden and dramatic collapse of Silicon Valley Bank (SVB), the 40-year-old Silicon Valley institution. With $209 billion of assets under management at the time of its failure, it’s the second-largest bank failure in U.S.

Banking 246
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Backed by Sequoia Southeast Asia, SquareX protects web users with disposable browsers

TechCrunch

Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. SquareX wants to serve as an alternative to current cybersecurity products by being tailor-made for browser-based cloud SaaS tools.

Malware 250
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Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

TechCrunch

Excitingly, it’ll feature new stages with industry-specific programming tracks across climate, mobility, fintech, AI and machine learning, enterprise, privacy and security, and hardware and robotics. Venture firms advised portfolio companies to move money out of SVB after the bank said it would book a $1.8 Don’t miss it.

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Chinese Hackers Using Deepfakes in Advanced Mobile Banking Malware Attacks

Ooda Loop

Group-IB, a cybersecurity company based in Singapore, recently attributed the development of sophisticated banking trojans to Chinese-speaking cyber crime group GoldFactory. The threat group has previously […]

Banking 64
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Cybersecurity Regulations and Reporting in USA and EU

Infinidat

Cybersecurity Regulations and Reporting in USA and EU Adriana Andronescu Thu, 03/07/2024 - 05:28 In 2024, businesses are coming under tighter compliance and cybersecurity reporting by government bodies in both the USA and EU countries. added to the 8-K, to disclose any cybersecurity incident. There is a new item 1.05

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