Credit unions (CUs) are increasingly collaborating with financial technology firms (FinTechs) to deliver innovative financial products and services. This shift in dynamics is designed to address the limitations that CUs face, such as constrained budgets, limited technical expertise, and smaller
In a significant move that underscores the growing synergy between cybersecurity and financial technology, Gen Digital, headquartered in Tempe, Arizona, has struck an agreement to acquire New York-based fintech company MoneyLion in a cash transaction valued at approximately $1 billion. This
In the rapidly evolving landscape of cybersecurity, the integration of Artificial Intelligence (AI) has sparked a transformative shift, particularly in the realm of penetration testing. As cyber threats become increasingly sophisticated, the need for robust, proactive security measures has never
Adversarial machine learning (AML) poses a significant threat to cybersecurity, as attackers exploit vulnerabilities in machine learning (ML) models to bypass security measures. Understanding these risks and implementing robust countermeasures are crucial steps for protecting ML systems from
A recent ransomware attack has brought a significant part of India's banking sector to a standstill. Affecting over 300 banks, the attack targeted critical payment systems, causing massive disruptions in everyday banking functions and leaving millions of customers without access to essential
The ongoing digital transformation is significantly reshaping the financial sector, affecting how banks and financial institutions operate, interact with customers, and deliver services. By integrating advanced technologies and meeting the rising demand for digital banking, financial institutions
