Results for "financial sector cybersecurity"
47 results found

Malaysia enforces strict social media ban for children under 16
Malaysia's new law bans social media for children under 16, with fines up to $2.5 million for non-compliant platforms. The move aims to protect minors from online harm.

Tampering Threats Emerge for Encrypted AI Reasoning Systems
Privacy-preserving AI models that process encrypted data may be vulnerable to undetectable manipulation, researchers warn. The finding challenges assumptions about security in confidential computing.

AMD Plans Budget-Friendly Re-Release of Ryzen 7 5800X3D CPU
AMD may re-release the Ryzen 7 5800X3D as a 10th Anniversary Edition, offering a powerful upgrade for older AM4 PCs without requiring new DDR5 RAM.

Microsoft 365 Users Targeted by Sophisticated Password Reset Attacks
Hackers linked to Storm-2949 are exploiting password reset systems to break into Microsoft 365 accounts. The campaign uses multi-layered techniques to bypass security.

Mercury Hits $5.2B Valuation as Fintech Startup Pursues Own Banking License
Mercury raised $200M at a $5.2B valuation and secured regulatory approval to establish its own bank. The digital banking startup serves over 300,000 companies and reported $650M in annualized revenue.

Cerebras wafer-scale chip runs trillion-parameter model 7x faster than GPU clouds
Cerebras claims its wafer-scale chip runs a trillion-parameter AI model nearly seven times faster than GPU-based clouds, challenging Nvidia's dominance in inference.

Anthropic Surpasses OpenAI in Corporate AI Adoption for First Time
Anthropic's Claude overtakes OpenAI's ChatGPT in business AI adoption. But escalating costs and competition threaten its lead.

AI demand forces a fundamental shift in enterprise data center strategy
Rising AI workloads are pushing companies to rethink infrastructure, moving from general-purpose servers to specialized GPU clusters and liquid-cooled data centers.

Executives Lead in Shadow AI Use, Study Finds
New research reveals 62% of senior leaders use unapproved AI tools, bypassing security risks for productivity gains.

Apple to Pay iPhone Owners $250 Million Over Missing AI Features
Apple will pay $250 million to settle a class-action lawsuit over delayed AI features. Eligible iPhone owners can claim part of the settlement. The payout addresses claims Apple misled users about Siri and other AI capabilities.

Inside the SolarWinds Breach: Hackers Had Full Access to Treasury Systems
New details reveal Russian-linked hackers infiltrated Treasury email systems far deeper than previously known. The supply chain attack compromised thousands of government and private networks, exposing critical security gaps.

IBM Launches First Dedicated Quantum Chip Factory as Separate Company
IBM spins off its quantum chip manufacturing into an independent foundry, aiming to accelerate commercial quantum computing development.

Kansas City Schools Ditch Windows for Apple in $30M Tech Overhaul
Kansas City Public Schools is spending millions to replace 30,000 Windows PCs and Chromebooks with MacBook Neos, becoming an all-Apple district. The move raises questions about cost efficiency and long-term value in education technology.

Healthcare AI's Real Challenge Isn't Better Algorithms, It's Broken Systems
Healthcare AI fails in practice due to fragmented data and legacy systems, not weak algorithms. Real progress requires infrastructure modernization, not better models.

Hackers Claim Massive Data Breach at Instructure, Targeting 9,000 Schools
Hackers say they stole student and staff data from nearly 9,000 schools using Instructure’s Canvas platform and locked users out, demanding negotiation by May 12.

ClickHouse Revenue Triples to $250M as IPO Nears
Database firm ClickHouse hits $250M annualized revenue, signaling strong growth and a potential public offering within years.

Unrestricted AI Access Costs Company $500 Million in a Month
A company accidentally spent $500 million on Anthropic's Claude AI in a single month because employees had no usage limits. The incident reveals critical risks in enterprise AI deployment.

Attackers Exploit Hidden Vulnerabilities, Experts Warn
Many organizations overlook critical security blind spots. Attackers increasingly target these gaps, bypassing traditional defenses. Experts urge continuous visibility and proactive monitoring.

Why Companies Are Quietly Bringing Back Workers After AI Replacements
After replacing staff with AI, many firms are now rehiring humans to fix errors and ensure safe, reliable operations. Human oversight is proving essential.

FBI Warns of Fake FIFA Websites Targeting World Cup Fans
The FBI warns dozens of spoofed FIFA sites are stealing data from fans ahead of the 2026 World Cup. Learn how to avoid phishing scams.