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Big banks are investing in quantum computing. What does that mean for the future of finance? And, more importantly, will they ever become useful?
February 25
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Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.
February 24
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The heist is among the largest ever experienced by the crypto industry and highlights concerns many have over the need for better regulation.
February 21
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The hacker group NoName057 claimed responsibility for DDoS attacks on major Italian banks, citing President Mattarella's remarks on Russia's invasion of Ukraine.
February 21
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A notification from Finastra to victims reveals that a data breach reported late last year compromised some consumer financial information.
February 19
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The distributed ledger developer announced the grant program in tandem with its real-world asset token standard.
February 18
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The payment card industry must upgrade encryption before quantum computers render current security methods obsolete, FS-ISAC warned.
February 13
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Eric Council, Jr. will spend two years in prison for an identity theft scheme that led to a false post by the SEC on X that bitcoin ETFs had been approved.
February 11
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India's central bank said it would issue domains ending in .bank.in, potentially conflicting with industry-led efforts to promote .bank domains.
February 10
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Courts are litigating the question of whether Elon Musk has the authority to assign DOGE employees to positions that grant them access to sensitive data.
February 10
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Elizabeth Warren, Shontel Brown and Patty Murray are among those questioning Elon Musk's team's ability to access sensitive data and install email services in government agencies.
February 5
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Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws.
February 5
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Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.
February 5
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The credit union suffered a ransomware attack in June 2024 that affected nearly all of its banking systems.
February 4
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The cybersecurity job market is growing fast, but aspiring professionals face barriers to entry, from experience requirements to employer demands.
February 3
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The group was still the most active such gang last year, but its activity appears to have been severely hampered by law enforcement.
January 30
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Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's play for an open banking future.
January 30
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The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.
January 23
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The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.
January 22
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A security researcher found a database exposing names, addresses, and bills apparently belonging to Willow Pay, a fintech for short-term financing on bills.
January 21
