Latest Security News: Finextra Research

JPMorgan issues AI-generated Account Confidence Score for corporate payments

JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.

20 May 2025

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UK businesses would adopt open banking for security benefits

More than 40% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention, but many are held back by lack of understanding, according to a study from NatWest.

19 May 2025

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Coinbase says crooks bribed workers for customer data in breach that could cost it $400m

Coinbase says that crooks bribed employees and contractors to steal customer data for use in social engineering attacks in an incident that may cost the crypto exchange up to $400 million to address.

15 May 2025

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NatWest faces 100 million cyber attacks every month

NatWest is bombarded with 100 million cyber attacks every month, the UK bank's head of cyber security has revealed.

15 May 2025

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Monzo launches tool that allows customers to undo payments

Monzo has rolled out a new feature that allows customers to set a personal timeframe to cancel a mistaken bank transfer.

14 May 2025

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ING Belgium launches 'check the call' fraud feature

Following success in the Netherlands, ING is rolling out its 'check the call' fraud feature to customers in Belgium.

14 May 2025

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M&S says hackers stole customer data

UK retailer Marks & Spencer says some personal customer data was stolen in a recent cyberattack which has crippled online services.

13 May 2025

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1.2m UK customers affected by February bank outages

A major outage suffered by UK high street banks on the last Friday of February affected more than 1.2m customers, according to a recently released House of Commons report.

12 May 2025

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Google integrates LLM Gemini Nano to prevent evolving scams

Alongside the release of their 'Fighting Scams in Search Report', Google have shared how Chrome, Search and Android are using AI-powered technologies to defend users against online scams.

09 May 2025

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Ox Security closes Series B at $60 million

The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

09 May 2025