Results for "financial sector cybersecurity"
26 results found
AI-Driven Cyber Discovery Pushes UK Banks Toward Systemic Risk
UK banks face new systemic cyber risks as AI accelerates vulnerability discovery, threatening financial stability.
Overprivileged AI Agents Expose Banking Systems to New Attacks
Financial firms face mounting security risks as AI agents access excessive data and systems. Overprivileged permissions create compliance vulnerabilities and trust issues across banking.
Meta Employees Rush to Use Perks Before 8,000 Job Cuts Take Effect
Meta employees are cashing in on headphone stipends and other perks as layoffs loom. The company is cutting about 8,000 jobs.
General Catalyst bets $63M on India's travel payments startup Scapia
General Catalyst leads $63 million funding round in Scapia, an Indian travel booking and payments startup. The investment doubles the company's valuation.
American Airlines Taps SpaceX's Starlink for In-Flight Wi-Fi on 500 Planes
American Airlines will install Starlink internet on over 500 Airbus jets. The deal boosts SpaceX's IPO prospects and challenges existing in-flight Wi-Fi providers.
US Government Takes $2B Equity Stakes in IBM and Quantum Computing Firms
The US government acquires $2 billion in equity stakes in quantum computing companies, including IBM, marking a new era of public-private investment in critical technology.
SolarSquare in Talks for $60M Funding as Indian Rooftop Solar Surges
SolarSquare is set to raise up to $60 million at a valuation near $500 million, signaling strong VC interest in India's rooftop solar market.
SpaceX Files for IPO, Plans NYSE Listing Under Ticker SPCX
SpaceX has officially filed for an initial public offering, planning to list on the NYSE under the ticker SPCX. The filing reveals unprecedented financial details about the private space company.
AI Agents Burn Cash: Microsoft, Meta, Amazon Face Token Crisis
Agentic AI consumes up to 1000x more tokens than standard AI, causing budgets to explode. Tech giants are now pulling back as employee 'tokenmaxxing' backfires.
SpaceX Files for IPO, Ending 24-Year Run as Private Company
SpaceX submitted a detailed SEC filing ahead of a planned June IPO, revealing its finances for the first time.
SpaceX IPO Clouds Starship Reusability Ambitions
SpaceX's IPO filing and Starship test flight highlight a growing tension between investor demands and the company's reusability goals. The path to rapid rocket reuse now looks longer and more uncertain.
Anthropic Nears First Profit as AI Race Intensifies
Anthropic is set to report its first profitable quarter since founding in 2021, marking a milestone in the competitive AI landscape.
Wayve's Self-Driving Tech to Debut in Stellantis Vehicles by 2028
Wayve's autonomous driving technology will appear in US Stellantis vehicles starting in 2028, marking a major step for the British startup's expansion into the American market.
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.