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Cybersecurity: Fraud losses increasing in India, finds study, Telecom News, ET Telecom

Cybersecurity: There are several factors driving this surge in fraud attacks, such as persisting financial pressure on consumers, numerous data breaches leaking sensitive information onto the dark web and the arrival of publicly-accessible generative AI, which has lowered the technical skills required to carry out fraud.
New Zealand South Africa Manish Jain Forrester Consulting Forrester Consulting Fraud Losses

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Bank of America Vendor Hacked, Customer Data at Risk

Bank of America has warned its customers and notified authorities of the data breach. Bank of America has officially notified customers and authorities that one of its vendors, Infosys McCamish Systems (IMS), suffered a data breach last year, exposing several services of the banking giant's data, thus putting its customer's personally identifiable information (PII) at risk.
United States United Kingdom Brandon Bell Getty Aldohn Domingo Italian Internal Revenue Service Tech Times

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