Financial Systems
Coinbase hit by cascading systems failure after "thermal event" in AWS data centre
Critical financial infrastructure went down for hours due to an overheating incident on a dreary spring evening in Virginia
Financial Systems
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."
Financial Systems
AI agents move into credit broking as regulators sharpen their knives
World's first Agentic Credit Broking Protocol sets a standard for financial services bots as they take on mission-critical roles in lending.
Quantum
Quantum attacks could crack cryptocurrency encryption in minutes, Google warns
Research sheds new light on Google’s decision to accelerate its shift to post-quantum cryptography.
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.
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.
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.
Financial Systems
Dark pool trading is casting a shadow over market stability, researchers warn
The rise of private electronic markets is increasing systemic risk and making stock price crashes more likely.
Security
Machine vs machine: Defending critical financial systems in the era of Agentic AI
The industry has embraced AI faster than it has defined its guardrails, raising an unavoidable question: are humans really still in control?
Crime
“There is no bypass": Deepfake detectors fuelling "frustration" in dark web fraud supermarkets
Would-be scammers are unable to beat new security checks and even their most "imaginative" tricks aren't working.
Financial Systems
Jeffrey Epstein, Satoshi Nakamoto and the strange death of the Bitcoin dream
World's first cryptocurrency renamed "Pedocoin" as dark questions about the true identity of its creator and funders spread on social media.
Crime
Dark web cybercriminals vow to fight on after FBI seizure of Ramp forum
"This event has destroyed years of my work creating the freest forum in the world," Ramp's alleged operator wrote after the seizure.