Finextra: MAS to train AI on live bank account data to combat financial crime
Monetary Authority of Singapore (MAS) is to train AI on live bank account data to combat financial crime.
Monetary Authority of Singapore (MAS) is to train AI on live bank account data to combat financial crime.
Zoom has announced a partnership with World, Sam Altman’s human ID verification company, to ensure that the people attending meetings are actually human and not AI-generated imposters.
The Australian Securities and Investment Commission (Asic) is warning the public that artificial intelligence is “super-charging” online scam threats after taking down almost thousands of phishing and fraudulent Websites.
The US Treasury secretary summoned major American bank chiefs to a meeting in Washington this week amid concerns over the cyber risks posed by Anthropic’s latest AI model.
It is estimated that one third to a half of North Korea’s budget comes from cyberfraud and extortion.
UK cyber jobs have tripled since 2021, but skills shortages are still hampering industry growth.
In 2025, cryptocurrency scams received at least $14 billion on-chain but the figure could exceed $17 billion.
Finance leaders have a poor opinion of the performance of CISOs, believing that they can’t always communicate clearly and aren’t fully aligned with business needs.
Eight of every 10 hedge funds and other investment firms increased spending on cybersecurity in 2025.
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