Bitsight's leading analytics and workflows allow Nomura Asset Management to effectively reduce cyber risk across credit portfolios through targeted engagement. The increasing frequency and complexity of cyber attacks makes one thing clear - cyber risk is inextricably linked to business performance. This has prompted investors to prioritize cyber risk assessments within their portfolios.

The growing inter-connectedness of digital systems, combined with the alarming ingenuity of financial criminals, has led to a convergence between payment fraud, cybercrime, and AML. As financial transactions increasingly occur online and real-time payments have expanded to over seventy countries, cybercriminals are exploiting these trends by developing sophisticated schemes to target vulnerabilities in digital payment systems.

AI chatbots such as OpenAI’s ChatGPT, Anthropic’s Claude, Meta AI and Google Gemini have already demonstrated their transformative potential for businesses, but they also present novel security threats that organisations can’t afford to ignore. In this blog post, we dig deep into ChatGPT security, outline how chatbots are being used to execute low sophistication attacks, phishing campaigns and other malicious activity, and share some key recommendations to help safeguard your business.

Many ask, what is Kerberos? Kerberos is an authentication protocol. It is designed for client-server applications and requires mutual verification. It is the default protocol used for logging into a Windows machine that is part of a domain, relies on a secure communication channel between the client and the Domain Controller (DC). Windows updates address security concerns such as vulnerabilities in this channel, ensuring that the user database stored on the DC is protected.