Growth in fraud leads businesses to ramp up prevention efforts


Businesses could be forfeiting up to five percent or more of their revenue to fraud, considering the hidden costs of operational inefficiencies, compliance penalties and customer attrition, according to a new report.
Based on responses from almost 600 decision-makers and strategic leaders across financial services, fintech, payments, eCommerce and iGaming, the study from fraud prevention and compliance specialist SEON, finds budget allocations indicate that 86 percent of companies are spending over three percent of revenues on anti-fraud measures.
78 percent of CISOs say AI-powered threats have a significant impact


New research from Darktrace finds that 78 percent of CISOs say that AI-powered threats are having a significant impact on their organizations, a five percent increase from 2024.
There's more confidence about dealing with them though, more than 60 percent now say that they are adequately prepared to defend against these threats, an increase of nearly 15 percent year-on-year.
Changes to compliance requirements leave professionals struggling to keep up


The rise of AI and increasing global regulations have raised the stakes for businesses, as they navigate complex requirements to protect sensitive data and ensure ethical practices.
A new survey from trust management platform Drata reveals that 48 percent of governance, risk, and compliance (GRC) professionals struggle to keep pace with updates to existing compliance frameworks and identifying areas needing attention.
Security, privacy and AI code reliability are the biggest development challenges


The latest Reveal survey from Infragistics into development concerns shows security (51 percent), AI code reliability (45 percent), and data privacy (41 percent) among their biggest software development challenges for 2025.
AI continues to be a major focus, with 73 percent of tech leaders citing expanding the use of AI within organizations as their top priority for 2025.
AI code assistants speed up development but add to risks


New research from Apiiro shows that while AI code assistants are accelerating development times they're also increasing risks.
AI code assistants have seen rapid adoption since the launch of ChatGPT in November 2022. Microsoft reports that more than 150 million developers now use GitHub Copilot, up 50 percent over the past two years.
Deepfake fraud calls target consumer cash


AI-generated voice impersonation scams are an increasing threat, with 31 percent of US consumers, 27 percent of Canadians, and 26 percent of UK consumers reporting encounters with deepfake fraud calls.
A new report from Hiya, based on data from the company's Voice Intelligence Network and a January 2025 survey of 12,000 consumers across the US, Canada, the UK, Germany, France, and Spain, shows that more than 30 percent of those targeted fell victim, suffering significant financial losses. In the US, the average reported loss was $539, while UK victims faced the steepest losses at £1,479 ($1,867).
How GenAI adoption introduces network and security challenges [Q&A]


Enterprises are increasingly using GenAI to transform their organization. As they move ahead, they're evaluating their preparedness from a business, safety, skills, and product level. But there's another key factor at the backend that's being overlooked: the network.
Full GenAI adoption introduces significant new challenges and demands on the network, such as bandwidth strain and unique security vulnerabilities. If these demands aren't accommodated, organizations won't realize the benefits of GenAI.
Deepfake fraud attempts grow over 2,000 percent


Financial institutions are facing a significant increase in deepfake fraud attempts, which have grown by a staggering 2,137 percent in the last three years.
Data from Signicat based on responses from 1,200 people in the financial and payment sectors across seven European countries, including the UK, shows that account takeover is the leading type of fraud their customers are exposed to, followed by card payment fraud and phishing.
AI-powered solution detects insider threats


Insider security incidents remain a problem for business, yet many organizations struggle with limited budgets, minimal talent resources, and tools that fail to detect subtle insider threat patterns.
OpenText is launching a new Core Threat Detection and Response solution, an AI-powered product designed to address the growing challenge of insider threats and advanced attacks.
Public sector professionals worried about the security risks of AI


AI adoption is gaining momentum in the public sector as elsewhere, with benefits like predictive analytics and issue detection, but concerns still linger.
Around four in 10 respondents to a new study by SolarWinds, focused on public sector staff, say they are extremely or very concerned about potential risks associated with adopting AI, such as data privacy and compliance, making full-scale implementation a cautious process.
New Connectivity Guru uses AI to streamline Wi-Fi troubleshooting


The average home now has multiple devices reliant on Wi-Fi connections and businesses have many times more. Users expect fast, consistent speeds, but troubleshooting problems can be complicated, leading to frustration, while service teams lack the visibility to diagnose issues beyond the router.
With the launch of its Connectivity Guru, TechSee is harnessing Agentic AI to transform the way Wi-Fi issues are diagnosed and resolved.
Companies block GenAI but workers still use it


A new report from Fortanix finds that 97 percent of companies block or restrict GenAI usage, and 89 percent of the respondents believe that such controls on usage are successful.
However, the same report -- based on a survey of 1,000 executives -- reveals that 95 percent of professionals use some form of AI, and 66 percent of respondents use GenAI for work, with 64 percent using personal email accounts to access the tools.
New platform helps enterprises take control of AI


Artificial intelligence is finding its way into more and more areas and that presents a challenge for businesses who need to keep things secure. Add in shadow use of AI and the problem becomes worse.
Californian start up Singulr.ai is launching a new enterprise AI governance and security platform to help organizations stay on top of AI adoption.
Opening up AI access to unlock decision making [Q&A]


More and more businesses are turning to generative AI in the hope of gaining greater value from their data. But there are issues around governance, access to data and lack of appropriate skills that mean projects can either stall or not deliver as expected.
We spoke to Srujan Akula, CEO of The Modern Data Company, about why he believes that giving 'power to the people' and democratizing AI by putting it in the hands of non-technical users can deliver real business value.
Enterprise tech buyers reveal their 2025 spending priorities


A new report from Crane Venture Partners looks at the priorities of senior executives who collectively influence $3–$4 billion in annual technology spending.
Respondents include leaders from major companies such as Microsoft, Bloomberg, Procter & Gamble, Kohl's, Arm, Comerica Bank, and NBC Universal. The report finds that while 100 percent of surveyed executives believe AI will shape enterprise operations, only 10 percent have so far fully integrated AI into their workflows.
© 1998-2025 BetaNews, Inc. All Rights Reserved. About Us - Privacy Policy - Cookie Policy - Sitemap.