Cyber attacks

As companies invest heavily in artificial intelligence and other high-tech defenses, it is becoming more apparent that criminals are investing in equally powerful technology.

Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits.

The Credit Union National Association and several institutions sued the fast food business after a data breach in 2016.

The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies.

The emails were disguised as being sent from BSA executives at other institutions and claimed that a member’s transfer was halted due to suspected money laundering.

Today phishing scams have become so elaborate that they can take a variety of forms, including a phony job interview.

Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital.

Senior loan officers also expect decline in loan performance; meeting termed "cordial and collegial."

Criminals are going to get smarter, but banks can implement a modern authentication solution to meet unique use cases and security requirements without sacrificing user convenience, writes Mike Byrnes, senior product manager at Entrust Datacard.

Widespread hacks often make front-page news, while measuring the actual harms to customers when personal financial information is stolen gets little attention.