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The generative AI revolution is transforming how banks work

CIO Business Intelligence

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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Top 10 Malware Strains of 2021

SecureWorld News

Cybersecurity and Infrastructure Security Agency (CISA) and the Australian Cyber Security Centre (ACSC) released a joint Cybersecurity Advisory (CSA) providing details on the top malware strains of 2021. The top malware strains in 2021 included remote access Trojans (RATs), banking Trojans, information stealers, and ransomware.

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Recently reported Microsoft zero-day gaining popularity with attackers, Kaspersky says

Tech Republic Security

A flaw in the MSHTML engine that lets an attacker use a malicious Office document to install malware is currently being used against the energy, industrial, banking, medical tech, and other sectors.

Malware 213
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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO Business Intelligence

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

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Dept. of Justice credits Microsoft with identifying tech-support fraud scheme that targeted seniors

GeekWire

authorities by Microsoft, have been shut down by a federal court for allegedly trying to scam hundreds of elderly and vulnerable victims, the Department of Justice announced Tuesday. consumers were contacted via internet pop-up messages that falsely appeared to be security alerts from Microsoft or another well-known company.

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Microsoft was warned months ago — now, the Hafnium hack has grown to gigantic proportions

The Verge

Over the weekend, that estimate has doubled to 60,000 Microsoft Exchange Server customers hacked around the world , with the European Banking Authority now admitting that it’s one of the victims — and it looks like Microsoft may have taken a little too long to realize the severity and patch it.

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How Many User Credentials Did Emotet Steal? Now We Know

SecureWorld News

In January 2021, the FBI and other international law enforcement agencies worked together to take down one of the world's most notorious malware strains, Emotet. I personally use Microsoft Defender which is free, built into Windows 10, and updates automatically via Windows Update. How many credentials were harvested by Emotet?

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