The Guardian: UK engineering firm Arup falls victim to £20m deepfake scam
This is only the beginning.
Finextra: ABN Amro on alert as supplier hit by ransomware attack
ABN AMRO Bank N.V. supplier hit by ransomware attack.
Finextra: Engine SaaS platform could push Starling valuation to £10bn – investor
Starling Bank’s SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.
CNN Business: Elon Musk’s xAI firm valued at $24 billion as investors pledge more money
Big funding round for Elon Musk’s competitor in the Generative AI area.
Yahoo! Finance: How can UK fintechs keep pace in the AI race?
How can UK fintech’s keep pace in the AI race?
Yahoo! Finance: Citigroup asks 600 staffers to return to office full-time
The trend in banking to return to the office continues.
Cybersecurity Dive: Cybersecurity leaders expect their SOC budgets to grow, KPMG finds
Cybersecurity leaders expect their SOC budgets to grow.
Finextra: Mastercard takes GenAI to the Dark Web
Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.
TechCrunch: UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026
The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent.
Cybersecurity Dive: SEC requires financial firms to disclose data breaches within 30 days
SEC requires financial firms to disclose data breaches within 30 days.