Financial Systems
Bank of England warns of risks lurking in “opaque and hidden corners” of the financial system
"Shocks can arrive with little warning and the vulnerabilities that preceded past crises have not disappeared, but re-emerged elsewhere."
Critical Infrastructure
AI
Worried about Mythos and the AI apocalypse? Don't panic: The UK government has written a letter
Westminster responds to a new Anthropic model that's been (over)hyped as an omen of imminent cybersecurity doom.
Critical Infrastructure
Ex-Lord Mayor “alarmed” over government's response to Atlantic undersea cable risks
"Was this the first meeting that senior ministers have had with senior industry figures?"
Financial Systems
Catching connected criminals: Exposing the networks driving modern fraud
Financial crime is now a complex web spun by coordinated networks—and investigators face a difficult task untangling it.
Security
China’s Red Menshen “sleeper cell” spies caught hiding deep inside global telecoms networks
Rapid7 uncovers "ongoing" espionage campaign involving long-term persistence within highly sensitive communications environments.
Security
Threat actors exploit identity at “industrial scale” as trust becomes the attack surface
Adversaries are pushing beyond the perimeter to exploit the trusted infrastructure that keeps global businesses running.
Government
US ban on Chinese routers leaves “millions” of insecure devices in American homes
Blocking sales of foreign-made routers will fail to secure vast numbers of older devices described as threat actors’ “attack vector of choice”.
Financial Systems
Bank of England: Cloud outages and DDoS attacks pose risk of cascading systemic failure
Regulators tighten oversight of “operational incidents” that could ripple through the digital economy.
Cyberwar
Cyberwar fears escalate as nation-state threat actors intensify private sector attacks
Leaders report growing concerns that attacks from adversary nations could "cripple critical infrastructure".
Security
President Trump unveils new Cyber Strategy that's big on bluster, but light on detail
The White House promises to take the fight to criminal and nation-state adversaries in both offensive and defensive cyber operations.
Security
Deepfakes, bot swarms, and the new identity verification arms race
Olli Krebs (no relation to Brian), EMEA SVP at Incode, discusses the trends shaping the future of the identity industry.
Financial Systems
FBI warns of surge in ATM jackpotting "cash on command" attacks
Criminals deploy Ploutus malware to infect cash machines and trick them into dispensing vast sums of money.