Cyber Security

Showing Latest Cyber Security

Google targets AI-powered cybercrime network

22 Jun 26 @ 19:58

Google has launched legal action against a sophisticated cybercrime operation accused of using artificial intelligence to conduct large-scale phishing attacks, marking one of the most significant private-sector interventions yet against... read more

OpenAI Expands Cybersecurity AI Access to Major UK Banks

04 Jun 26 @ 21:01

OpenAI has widened access to its latest cybersecurity-focused artificial intelligence model, GPT-5.5 Cyber, granting several of the UK’s largest banks the ability to deploy the technology as part of their... read more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge is no longer simply that cybercrime is growing... read more

Regulators confront AI-driven cyber risk after Anthropic warning

16 Apr 26 @ 11:45

British regulators are moving quickly to assess the implications of Anthropic’s new AI model, Claude Mythos Preview, after reports that the system has identified thousands of serious software vulnerabilities across... read more

Mastercard unveils new AI model built for the realities of payments

19 Mar 26 @ 15:00

Mastercard unveils new AI model to push artificial intelligence beyond the chatbot boom and into the operational core of global payments. Its latest move is the development of a new... read more

Cyber fraud: Why FIs must rethink their risk playbook

08 Dec 25 @ 15:50

Financial institutions are entering a new era in which cyber risk and fraud can no longer be treated as separate battlegrounds. As cybercriminals refine their tactics and operate with increasing... read more

EU strikes landmark deal to strengthen payment security via PSD2

01 Dec 25 @ 15:24

EU policymakers have struck a provisional agreement to overhaul the bloc’s payment services rulebook, marking one of the most significant regulatory updates since PSD2 came into force nearly a decade... read more

How e-skimming is stealing card data in plain sight

27 Nov 25 @ 17:47

A new wave of invisible cyberattacks is sweeping through online retail, exploiting the busiest shopping months of the year and striking consumers where they feel safest: on legitimate e-commerce sites.... read more

ID-Pal strengthens ID-Detect as AI fraud surges

24 Nov 25 @ 16:09

ID-Pal has unveiled a significant upgrade to its document-fraud detection technology, ID-Detect, as financial institutions confront a sharp rise in AI-generated manipulation and deepfake-based attacks. With regulators warning that synthetic... read more

AI’s security flaw exposes payments industry to new cyber threats

03 Nov 25 @ 18:40

The world’s leading artificial intelligence developers are racing to close a major security loophole that could expose companies—including those in the payments sector—to sophisticated new cyberattacks. Firms such as Google... read more

Cybersecurity dominates CFO agenda as legacy systems hit limits

22 Oct 25 @ 16:06

Cybersecurity has climbed to the top of UK finance leaders’ risk agendas, with 99% of CFOs reporting a payments-related cyber incident in the past two years, according to new research... read more

Ransomware surge in 2025: Payments firms cannot afford complacency

03 Oct 25 @ 09:11

Ransomware is staging a comeback. After several years of decline, attacks surged again in 2025, affecting nearly a quarter of businesses worldwide, according to new research from cybersecurity provider Hornetsecurity.... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more