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Can AML keep pace with AI-driven financial crime?

In early 2024, a finance worker joined what looked like an ordinary video call with the CFO and a group of senior colleagues. In...

Why AI models are defeating identity verification systems

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...

Scams at scale: How cybercrime is breaking the financial system

Organised fraud has evolved far beyond isolated incidents. Today, it functions as a structured, cross-border industry extracting tens of billions from the US economy...

AI in the crosshairs: FBI’s stark warning of emerging threats from...

The FBI has issued a warning regarding the increased threat from criminal and nation-state hackers who are targeting AI technologies.

Surveillance reforms ignite US Congress and intelligence officials clash

Lawmakers recently clashed with US intelligence officials over proposed reforms to a surveillance program associated with Section 702 of the Foreign Intelligence Surveillance Act.

FBI gives disinformation warnings ahead of 2022 midterms

The FBI has warned of potential foreign influence operations that may spread disinformation to impact the results of the 2022 midterm elections in November.

FBI offers warning on DeFi platform attack surge

The FBI has warned of an increase in attacks targeting decentralised finance (DeFi) platforms to steal cryptocurrency, according to Security Week.

Fraudulent crypto apps have swindled users out of almost $43m, claims...

An alert by the FBI has warned that bogus cryptocurrency investment apps have swindled at least 244 victims out of close to $43m.

FBI asks for an extra $106m in 2023 to deal with...

The FBI is asking for a further $106m in its fiscal 2023 budget to manage a range of pressing cybersecurity issues.

Email compromise scams found to cause $43bn in losses globally

The FBI has claimed that losses from business email compromise and email account compromise have surpassed $43bn worldwide.

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