Information Technology
Tool dependence leaves institutions with cyber gaps
Tool dependence leaves institutions with cyber gaps
Cyber awareness must reach receptionists and CEOs as AI attacks target humans not just systems.
5 days ago
APAC finance firms pummeled by 52% of global cyberattacks in 2025
Banks accounted for 44% of all attacks and got 92% of lower-level attacks.
Bank phishing declines but still drives 26% of attacks
Bank services may be becoming increasingly difficult to successfully impersonate.
Commonwealth Bank of Australia deploys agentic AI to detect scam patterns
It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
Over 2 in 3 APAC adults say financial scams are on the rise: LSEG
Australians are most concerned about scams whilst the Chinese are likeliest to lose money.
APAC banks' data sharing outpaces global average but fragments access
Korea and India offer widest datasets whilst Indonesia restricts scope.
Malaysia fines BKRM following cybersecurity breach
An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.
Banks face budget squeeze from AI and legacy systems
Corporate IT allocations are projected to keep climbing through 2027.
Mastercard partners to launch cyber shield for SMEs and public sector
Partnership merges Recorded Future with WAF to guard against Shadow IT threats.
Banking phishing drove 23% of employee clicks
Netskope said phishing campaigns now rely on counterfeit login pages.
AI trust gap threatens banks’ responsible adoption
Financial institutions confront rising risks from untested and opaque AI systems.
GenAI pressures overhaul banks’ data foundations
Financial firms race to strengthen data quality and governance.
AI disruption accelerates Southeast Asia’s telecom shift
Regional telcos turn to AI to boost efficiency and revenue.
Standard Chartered filters AI through business-first lens
Clear objectives and disciplined architecture are essential to scaling responsible AI.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
How Gen AI is transforming banks’ financial advice, risk, and operations
Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
PH financial sector targeted by Chinese-linked cyber group: report
The group relies on financial-themed phishing lures.
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