Tech Talk: AI bots, digital signatures, engagement banking, and more!

• Engagement banking
• Morgan Stanley to roll out AI bot this month
• Fostering digital trust in financial services
• Passwordless logins help overcome security concerns
• Digital Signatures: Misconceptions preventing acceptance
• Open Banking needs widespread adoption
• ATM cash protection solutions
• Ranking of digital banking apps
• Compliance-by-design can help banks avoid risk
• Spam, Scams & Breaches
• Updates, Patches & Alerts
• and on the lighter side...

Engagement banking
Harnessing customer data and engagement feedback to truly personalize the experience, effectively making the customer feel like they are getting the personal attention that maybe local bank branches provided them in the past. FinTech Futures has the details.

Morgan Stanley to roll out AI bot this month
The impact of AI will potentially be as significant as the introduction of the internet, Sal Cucchiara, Morgan Stanley's chief information officer of wealth and investment management, told Reuters. The bank inked the partnership with OpenAI last summer, and Morgan Stanley has “preferred access in product development for wealth management,” Reuters reported. Banking Dive has the details.

Fostering digital trust in financial services
With cyberattackers shifting their focus from individual institutions to the financial sector as a whole, maintaining the trust of customers has never been more important. Finextra has the details.

Passwordless logins help overcome security concerns
According to the tech firm, passkeys offer an easier and more secure alternative to passwords, enabling users to “sign in to apps and sites the same way they unlock their devices: with a fingerprint, a face scan or a screen lock PIN. PYMNTS.com has the details.

Digital Signatures: Misconceptions preventing acceptance
In this Help Net Security interview, Thorsten Hau, CEO at fidentity, discusses the legal validity of qualified digital signatures, demonstrating their equivalence to handwritten signatures when backed by robust identity verification. Help Net Security has the details.

Open Banking needs widespread adoption
Open banking has been more firmly rooted internationally but is gaining some ground in the United States. The market is taking shape in the U.S. in part as FinTechs and FIs seek to innovate the products and services they offer, and merchants must examine the ways those innovations can improve the trust and lifetime value of their customer relationships. And it must be adopted by consumers. PYMNTS.com has the details.

ATM cash protection solutions
Secure Innovation introduced a2m active and a2m passive solutions for ATM cash protection. A2m active offers an end-to-end protection of cash for ATMs, while a2m passive prevents explosive attacks, according to a press release. ATM Marketplace has the details.

Ranking of digital banking apps
Preferences for the best digital banking experience remain uncertain, leading to tied scores and the presence of both new and returning names in PYMNTS’ Provider Ranking of Digital Banking Apps. PYMNTS.com has the details.

Compliance-by-design can help banks avoid risk
The best financial technologies will be those created through the lens of regulatory limitations — a compliance by design approach. TechCrunch has the details.

Spams, Scams, and Breaches

• Help Net Security: Emerging threat: AI-powered social engineering
• SecurityWeek: See Tickets Alerts 300,000 Customers After Another Web Skimmer Attack
• Finextra: Monzo tackles impersonation scams with new 'status call' feature
• TechCrunch: Ransomware gang claims credit for Sabre data breach
• FinTech Futures: Monzo announces new feature to help protect customers against impersonation scams
• SecurityWeek: IBM Discloses Data Breach Impacting Janssen Healthcare Platform
• Information Week: ‘SIM Swapping’ Attack Strikes Risk Advisory Firm
• PYMNTS.com: Germany’s Banking Regulator BaFin Hit by Cyberattack
• :TechCrunch Chipmaker NXP confirms data breach involving customers’ information
• SecurityWeek: 7 Million Users Possibly Impacted by Freecycle Data Breach
• Dark Reading: LockBit Leaks Documents Filched From UK Defense Contractor

Updates, Patches, and Alerts...

• US-CERT: Current Activity
• CISA: Cisco Releases Security Advisories for Multiple Products
• SecurityWeek: Dozens of Unpatched Flaws Expose Security Cameras Made by Defunct Company Zavio
• CNET: iOS 16.6.1: You Should Download This iPhone Update Now
• SecurityWeek: Chrome 116 Update Patches High-Severity Vulnerabilities
• Tech Republic: Patch 'Em or Weep: Study Reveals Most Vulnerable IoT, Connected Assets
• SecurityWeek: Rigged Software and Zero-Days: North Korean APT Caught Hacking Security Researchers
• Dark Reading: Apple Hit By 2 No-Click Zero-Days in Blastpass Exploit Chain
• SecurityWeek: AtlasVPN to Patch IP Leak Vulnerability After Public Disclosure
• CISA: CISA Releases Update to Threat Actors Exploiting Citrix CVE-2023-3519 to Implant Webshells
• SecurityWeek: CISA Releases Guidance on Adopting DDoS Mitigations
• Dark Reading: W3LL Gang Compromises Thousands of Microsoft 365 Accounts
• SecurityWeek: Exploit Code Published for Critical-Severity VMware Security Defect
• Krebs on Security: Experts Fear Crooks are Cracking Keys Stolen in LastPass Breach
• SecurityWeek: Android Zero-Day Patched With September 2023 Security Updates
• Help Net Security: Old vulnerabilities are still a big problem
• SecurityWeek: Password-Stealing Chrome Extension Demonstrates New Vulnerabilities
• Dark Reading: AtlasVPN Linux Zero-Day Disconnects Users, Reveals IP Addresses
• SecurityWeek: Cisco Finds 8 Vulnerabilities in OAS Industrial IoT Data Platform
• TechCrunch: India warns of malware attacks targeting its Android users
• SecurityWeek: 9 Vulnerabilities Patched in SEL Power System Management Products
• PCWorld: If you have one of these three Asus routers, update it right now
• SecurityWeek: Cisco Patches Critical Vulnerability in BroadWorks Platform
• Dark Reading: Researchers Discover Critical Vulnerability in PHPFusion CMS

See what other current hot cyber and technology topics affecting financial institutions BOL users are discussing in the Technology Forum.

And on the lighter side...

We'll skip the videos for a week. How about some Tech Memes.