The Philippine central bank has sounded an alert to local financial institutions following a cyber attack at the Malaysian central bank, in which hackers sought to steal money using fraudulent wire transfers, its governor said on Saturday.
According to Microsoft’s recent Digital Transformation and Readiness survey, almost half of Gulf enterprises describe their current ICT infrastructure as “out of date”.
Adversarial models, already known to defeat the artificial intelligence behind image classifiers and computer audio, are also good at defeating malware detection.
Camelot Group, parent company of The National Lottery, has advised over 10 million users to change their passwords following the compromise of user accounts.
“If we found out data was exfiltrated, we may walk away,” said ADP’s chief security officer Roland Cloutier. “We’ve looked at a lot of companies and only purchased a few. Security always plays a part.”