ComputerWorld AI·
The International Monetary Fund (IMF) is warning that AI could become a growing threat to global financial stability by making cyberattacks faster and more sophisticated. In a new analysis, the organization describes how new AI tools can help attackers identify and exploit security vulnerabilities in banks, payment systems, and cloud services in record time. According to the IMF, the financial sector relies heavily on shared digital infrastructure, which means a single vulnerability could have consequences for multiple institutions simultaneously. AI-driven attacks might, for instance, lead to disruptions in payment systems, liquidity problems, and reduced confidence in the financial market. The IMF points, among other things, to Anthropic’s experimental AI model Claude Mythos Preview to illustrate how quickly AI technology is progressing. The model is reported to be highly skilled at finding and exploiting security vulnerabilities in major operating systems and web browsers. At the s
Read full articleUSDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a fragmented, multi‑issuer “economic OS.” Anchorage Digital, the first federally chartered crypto…
Tether's initiative could decentralize AI and payment systems, reducing reliance on centralized entities and fostering innovation in local tech ecosystems. The post Tether launches developer grants program for local-first AI and payments infrastructure appeared first on Crypto Briefing.
The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.
A new malware-as-a-service threat is targeting hundreds of banks around the world by giving cybercriminals tools to steal credentials and take over accounts. According to a new advisory from the cybersecurity firm iZOO Logic, the threat was identified as a Telegram-based advertisement for a malware builder known as BankGhost Builder. iZOO Logic says BankGhost Builder […] The post New Malware Builder Targets 700+ Banks Across the Globe, Allows Thieves To Steal Credentials and Take Over Accounts: Report appeared first on The Daily Hodl.
Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption.
The IMF called for treating cybersecurity as a core stability issue as new AI tools let even unskilled attackers breach critical infrastructure.
Fund says preparations needed for ‘inevitable’ AI-enabled breaches of financial institutions’ cyber defences
Rolling coverage of the latest economic and financial news Climate campaigners attack Shell over ‘windfall’ profits from Iran war The Danish shipping giant Maersk has maintained its profit guidance for the year, even as it reported a spike in fuel costs and warned that traffic through the strait of Hormuz “remains at a near standstill”. The company, which transports goods around the world via sea, road, rail and air, said demand for shipping containers remained strong, but that war in the Middle East was ramping up costs. “The reopening of the strait of Hormuz, whether it happens in the days to come or the months to come, will have limited impact on cargo flows. What really are the most important factors to consider: first is our ability to mitigate the cost increases we have been suddenly faced with. And I would say so far we have been successful with both our cost measures and the revenue, the commercial measures that we have put in place to mitigate the impact of these increases t
