Santander Falls Victim to Data Breach Involving Third-Party Provider
DarkReading reports that Spanish banking giant Santander has disclosed a recent data breach at a third-party provider. Bank customers in Chile, Spain, and Uruguay have reportedly been affected. “No transactional data, nor any credentials that would allow transactions to take place on accounts are contained in the database, including online banking details and passwords,” according to […]
AI Poses a Threat to Financial Sector, and Cyberattackers are ‘Outpacing’ Defenses – Treasury
Law.com reports that the U.S. Treasury Department warned the financial services sector this week that artificial intelligence (AI) will become a powerful weapon for fraudsters and cyberattackers, who will outgun the sector’s defensive efforts in the foreseeable future. The report was based on interviews with representatives from 42 financial services and technology companies about the […]