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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

Malware 78
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Banks Have A Variety Of Islamic Banking Platforms To Choose From

Forrester IT

The World Bank explains Islamic finance as "equity-based, asset-backed, ethical, sustainable, environmentally and socially responsible finance." Islamic banking. banking platform transformation. banking platforms. Business Applications. Jost Hoppermann. market overview.

Banking 150
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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 99
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Justice Department has charged a Latvian woman it says helped develop Trickbot malware

The Verge

The US Department of Justice has charged a Latvian woman for her role in allegedly developing the Trickbot malware, which was responsible for infecting millions of computers, targeting schools, hospitals, public utilities, and governments, the agency said in a news release. Illustration by Alex Castro / The Verge.

Malware 84
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How Serious Is The Lack Of Machine Learning Talent?

The Accidental Successful CIO

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. The banking and financial services sector have been showing a steady increase in demand across the board for AI-enhanced robotic process automation tools.

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60 Minutes shows Amazon’s virus-killing robot; says company uses AI to enforce social distancing

GeekWire

Amazon is developing a robot that would roll through grocery stores and distribution centers, using banks of ultraviolet light to kill viruses on surfaces. Amazon says it uses its vast camera system for contact tracing and to try to enforce social distancing. Amazon via 60 Minutes). Careful, creative, or creepy?

Social 141
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Riveter CEO and husband dispute FBI’s seizure of their bank accounts in AWS kickback investigation

GeekWire

In a new court filing, lawyers for Seattle entrepreneur Amy Nelson and her husband contend that her salary and earnings are being unfairly held by the government as part of the FBI’s seizure last year of more than $892,000 from their bank accounts.

Banking 95