An Egyptian Fisherman holds a fishing net on the waters of the Pharaonic Sea in the village of Kafr Fisha, province of Monufia, in 2019. (MOHAMED EL-SHAHED/AFP via Getty Images) Microsoft seizes websites tied to Egypt-based DIY phishing kit-maker The kits, which the company said were a sophisticated approach to bypassing multifactor authentication, pose a particular threat to the financial services sector. Nov 21, 2024 By Tim Starks
The sun flares over the headquarters of the U.S. Treasury on Jan. 3, 2024, in Washington, D.C. (Photo by J. David Ake/Getty Images) Treasury official: Small financial institutions have ‘growth to do’ in using AI against threats AI-specific fraud and cyber risks in the financial sector are especially pronounced for small banks, the agency’s chief AI officer said. Apr 19, 2024 By Matt Bracken