Question for Claude: Are You a Fraudster?
Customers of the Claude artificial-intelligence chatbot are being targeted by a fraud scheme in which scammers use compromised accounts to buy hundreds of pounds’ worth of gift cards.
Cyber
Explainer: What’s in the EU’s 20th Russia Sanctions Package?
The European Union on Thursday formally adopted its much delayed 20th package of restrictive measures against Russia and the bloc’s biggest package of designations in two years. Here’s what’s in it.
U.S. Moves Against Asian Scam Centers, Sinaloa Supply Chain
U.S. officials on Wednesday struck at Southeast Asian scam compounds defrauding Americans and a global fentanyl supply chain, announcing criminal charges, sanctions, and the seizure of hundreds of fraudulent websites in a pair of coordinated enforcement actions.
Cambodia’s Scam Economy Now Rivals Its Formal One
Cybercrime syndicates operating in Cambodia have grown so large and politically connected that the industry now rivals the country’s formal economy, with online scam networks accused of corrupting officials, enslaving workers, and defrauding victims around the world.
IMF Calls for Stronger Interbank Data-Sharing to Combat Rising Digital Fraud
The International Monetary Fund has urged banks to share more threat and transaction data with one another, arguing in a recent working paper that the sector’s response to fast-rising digital fraud is weakened by information silos within institutions and across borders.
Why Anthropic Came to View Its Latest AI Model as a National Security Risk
Anthropic withheld its new artificial intelligence model, Mythos, from a broad public release after internal testing showed it could autonomously find and exploit serious software flaws, alarming company researchers and prompting banks and government agencies to move quickly to assess the threat.
U.S. Treasury to End Cyber Threat-Sharing Feed for Banks
The U.S. Treasury Department is shutting down a program that shared cybersecurity threat intelligence with banks and other financial firms after cutting its funding.
Fake Apple App Scams Nearly $10mn from Crypto Users in a Matter of Days
A fake version of Ledger Live distributed through Apple’s App Store drained at least $9.5 million in cryptocurrency from more than 50 victims across multiple blockchains in a phishing campaign that ran from April 7 to April 13.
Britain’s Financial Regulators Are Scrambling to Assess Mythos Risks
UK financial regulators are urgently assessing the risks posed by Anthropic’s latest AI model after concerns that its ability to uncover software vulnerabilities could expose major financial institutions to new cybersecurity threats.
Bessent and Powell Warn Banks on New AI Tool’s ‘Zero-Day’ Risks
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street executives this week to warn that a new artificial intelligence model from Anthropic could mark the start of a more dangerous phase in cybersecurity.