3+ hour, 43+ min ago   (937+ words) MADISON, Wis.— TruStage is developing a fund that would provide grants—not loans—to credit union members who suffered financial hardship because of its cyberattack, President and CEO Terrance Williams revealed Friday, while acknowledging the company has “fallen down” on…...

3+ hour, 45+ min ago   (266+ words) Anthropic Discloses Another Claude Model Hacked External Systems In Testing cutoday.info SAN FRANCISCO--Anthropic has disclosed another case in which one of its AI models hacked external systems during testing, Reuters reported, adding to concerns about the risks posed…...

4+ day, 14+ hour ago   (214+ words) CU Today MENLO PARK, Calif.--Hackers siphoned roughly $320 million from the Liquid Network blockchain in the latest major cryptocurrency theft, with the attackers claiming to be “white-hat hackers” who intend to return the funds once a security…...

6+ day, 20+ min ago   (234+ words) CU Today GALESBURG, Ill.—Gale Credit Union has begun notifying individuals of a data breach that exposed names, Social Security numbers, financial account numbers and Visa credit card numbers and expiration dates, with the Akira ransomware group claiming it…...

6+ day, 21+ min ago   (358+ words) CU Today LONDON—The growing use of autonomous AI agents in financial services could force banks to rethink traditional Know Your Customer requirements as consumers increasingly allow technology to make payments, move money and manage accounts on their behalf,…...

6+ day, 57+ min ago   (299+ words) 153 Million Driver’s Licenses For Sale On Dark Web As FBI Investigates CU Today NEW ORLEANS—The FBI is investigating a dark web identity theft service that claimed to be selling more than 153 million U.S and Canadian driver ...

1+ week, 5+ day ago   (271+ words) NEW YORK--Fraud prevention is undergoing a fundamental shift at U.S. card issuers: What was traditionally viewed as a cost center is increasingly being treated as a way to keep cardholders, build trust and ultimately generate more revenue from those relationships....

1+ week, 5+ day ago   (200+ words) CU Today BASEL, Switzerland—Frontier artificial intelligence could dramatically increase the speed, scale and affordability of cyberattacks, potentially undermining confidence across the global financial system, Financial Stability Board Chair Andrew Bailey warned G20 finance ministers and central bank governors Andrew…...

2+ week, 4+ day ago   (333+ words) CUToday WASHINGTON—The League System has rolled out a new Cybersecurity Awareness Toolkit designed to give credit unions customizable materials they can use to educate members about online threats, fraud and digital security as cybercrime losses continue to climb....

2+ week, 5+ day ago   (174+ words) STAMFORD, Conn.—Despite the rapid adoption of artificial intelligence and cloud computing, bank technology executives aren't preparing to pull the plug on their mainframes, according to new research from Crisil Coalition Greenwich. Nearly three-quarters of bank CIOs, CTOs and other…...