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State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn

PYMNTS

Amazon has had to scramble to get rid of numerous fake or counterfeit products related to the virus, including some things marketed as cures. The Wall Street Journal reported that mentions of the coronavirus in emails with malware or other hacking software has jumped recently. As the coronavirus pandemic continues to roil the U.S.

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UK Banks Halt Foreign Currency Service Due To Travelex Attack

PYMNTS

2, Travelex took to Twitter and admitted to a “software virus.”. Travelex, owned by the Abu Dhabi-based financial services group Finablr , serves over 70 markets. The National Cyber Security Centre said it was providing technical support. The attack occurred on New Year’s Eve.

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Two Cyber Security Investments With a Silver Lining

Banking 2020

Financial institutions have the opportunity to make security investments that also increase their ROI. Here are two such security investments: Keystroke Encryption Software. Keylogging spyware can be embedded in emails, videos and music files, software downloads and even legitimate websites. Total Identity Monitoring.

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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

It involves using software to analyze both structured and unstructured data (i.e., These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. The challenge is to ensure that the software being developed is not coded with biases. Credit Decisions.

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FICO Cyber Risk Score Is First on AWS Marketplace

FICO

Now it’s easier than ever to understand your company’s cyber risk. The latest release of the FICO® Cyber Risk Score is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. To learn more about the FICO® Cyber Risk Score visit [link]. by FICO.

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Staying Connected: Where Auto Suppliers Are Making Private Market Bets In Sensors, Self-Driving, & Cybersecurity

CB Insights

As automotive upheavals such as electrification and automation gain momentum, players across the value chain have dramatically ramped up their private market bets to remain nimble. As the booming AV market lifts demand for sensor hardware, startups have rushed in to develop lower-cost and higher-fidelity radar, lidar, and camera solutions.

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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

The stock market tanked, interest rates spiked and many thousands of people lost their jobs. In a letter to Alphabet management TCI provided a brief glimpse of the obvious: “Unfortunately, enthusiasm for self-driving cars has collapsed and competitors have exited the market.” Time to market. JessicaButalla@fico.com. Ethical AI.