As Banks Combat Fraud, Customers Feel the Strain of Overly Cautious Measures In today’s AI-driven world, banks are becoming increasingly vigilant, often freezing accounts or demanding extensive documentation at the slightest hint of suspicious activity. Sending money, once a straightforward task, is now fraught with complexity.
Why Acquisition Reports Emerge in the Media, and What It Means for Those Mentioned Companies historically responded to M&A reports with milquetoast statements about "not commenting on rumors or speculation," but aggressive clapbacks have become much more common. Increasingly, executives are willing to attract more publicity by publicly - and vocally - denying acquisition reports.
Pavel Durov Reportedly Detained For Complicity Over Criminal Use French media reported Saturday the detention outside Paris of Pavel Durov, CEO and owner of social media network Telegram, reportedly for failing to take steps to curb criminal activity on the platform. The Russian Embassy in France said it has demanded an explanation from the French government.
Texas Credit Union Only Just Notifying 500,000 Members About May 2023 Data Theft Fifteen months after a massive supply-chain attack hit users of MOVEit secure file-transfer software, Texas Dow Employees Credit Union has issued a data breach notification pertaining to 500,474 victims, saying it only discovered last month their personally identifiable information got stolen.
Hard Drives Slated For Destruction Kept in Open Cardboard Boxes The FBI had a loose hard disk disposal problem that auditors say put classified information at risk. The bureau, auditor said, has a tracking system for obsolete computers and servers earmarked for destruction - but not for storage media extracted from the computer chassis.
Disruptions Affecting Website, Terminal Information Screens, Baggage Sorting System Travelers in the Pacific Northwest's busiest airport should travel light and gird for extra levels of frustration in the aftermath of a suspected Saturday cyberattack. The Seattle-Tacoma International Airport said that systems "experienced certain system outages indicating a possible cyberattack."
Today, Google revealed that it patched the tenth zero-day exploited in the wild in 2024 by attackers or security researchers during hacking contests. [...]