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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

Banking 118
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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.

Malware 80
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'Wiper' Malware Discovered on Ukrainian Devices as Bank Websites Suffer Cyberattacks

Gizmodo

As an ongoing political crisis continues to roil Ukraine, the nation’s banks and government agencies have been struck with disruptive cyberattacks for the second time in two weeks. Read more.

Banking 98
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Polish banks on alert after mystery malware found on computers

Network World

The discovery of malware on computers and servers of several Polish banks has put the country's financial sector on alert over potential compromises. It's not clear what the malware's end goal is, but in at least one case it was used to exfiltrate data from a bank's computer to an external server.

Malware 60
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Information Stealing Malware on the Rise, Uptycs Study Shows

SecureWorld News

A new study from Uptycs has uncovered an increase in the distribution of information stealing malware. According to the new Uptycs whitepaper, Detecting the Silent Threat: 'Stealers are Organization Killers' (gated link), a variety of new info stealers have emerged this year, preying on Windows, Linux, and macOS systems.

Malware 63
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Watch Out For This Android Malware That Factory Resets Your Phone After Stealing Your Money

Gizmodo

Research published earlier this week shows that a nasty Android banking malware has evolved, bringing with it a number of alarming new features—including the ability to factory reset your device after stealing your money. Read more.

Malware 74
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Shared malware code links SWIFT-related breaches at banks and North Korean hackers

Network World

Malware links suggest that North Korean hackers might be behind recent attacks against several Asian banks, including the theft of US$81 million from the Bangladesh central bank earlier this year. The same malware was also previously linked to an attempted theft of $1 million from Tien Phong Bank in Vietnam.

Malware 63