UBS Group AG’s chief executive said guarding against cyber attacks has become as important as — if not more important than — managing traditional credit and market risks, as such threats across the banking sector grow in frequency and sophistication.
UBS CEO Sergio Ermotti warned that cyber threats now rival or surpass traditional credit and market risks for banks, urging regulators and the industry to stop stigmatizing attack victims in order to build collective resilience. (Source: Bloomberg)
Account takeover threats go beyond stolen passwords as criminals exploit session cookies, SIM swaps and MFA fatigue to bypass your login security.
Anthropic, the tech company behind Claude, filed IPO paperwork Monday, marking a major step for the AI giant as concerns over the technology's potential threats ramps up. Jo Ling Kent reports.
