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Cartier’s firewall lost its sparkle

Cartier’s firewall lost its sparkle

Plus: ROI stole the spotlight at Money20/20

Nikita Alexander
June 04, 2025

Daily Digest

FROM THE MARKET

Coinbase faces data leak linked to outsourced employee misconduct

US community bank confirms third-party breach exposing bank customer data

Banking groups urge SEC to rescind biden-era cybersecurity rule

EDITOR’S PICKS

INSIGHTS
Embedded finance & AI: Day 1 at Money 20/20 sets demand for measurable ROI
Day one of Money 20/20 Europe in Amsterdam set a clear tone: the future of finance demands tangible results, not just flashy demos. This was especially true in discussions around embedded finance for SMEs and the prudent integration of Artificial Intelligence. Traditional lending models are increasingly misaligned with the needs of modern businesses, particularly online sellers.

INSIGHTS
Automated cybersecurity platform lands £250K growth funding

INSIGHTS
Liberis debuts AI underwriting agent Ada for complex credit decisions

THE BIG INTERVIEW

Q&A: Cyber crisis management with Microsoft's Chief Security Advisor
In an era where cyber threats loom larger and evolve faster than ever, fintech organizations stand at a critical juncture. What does it take to not only weather a cyber storm but emerge stronger? This exclusive interview dives into the crucial, yet often overlooked, motivations of threat actors. It outlines the ideal crisis response framework for fintechs, identifies common blindspots in incident response plans, and explores the hallmarks of effective leadership during high-stakes security incidents.

WE’RE ALSO READING

BBC
The North Face and Cartier are latest brands to be crippled by cyber attacks

AI IN FINANCIAL CYBERSECURITY

Deep instinct research highlights the double-edged sword of AI in cybersecurity

AI is transforming cybersecurity but not without growing pains. Deep Instinct’s new Voice of SecOps report reveals that while 86% of organizations use AI in SecOps, most still struggle to grasp its basics.

As AI-powered threats escalate, security teams face burnout, confusion, and regulatory stress, fueling a shift toward preemptive data security as the only viable defense.

AI is here to stay! Here is how it’s revolutionizing financial markets

Check Point Enhances Security with AI-Powered Management for Modern Enterprises

WHAT WE'RE LISTENING TO

CYBER WORK
Mastering Pentesting Tools and Red Team Tactics with Insights from Ed Williams
Ed Williams shares his extensive experience in pen testing and red teaming, highlighting the evolution of methodologies over two decades. Building custom cybersecurity tools, like the RedSnarf, can establish one's professional identity, and mastering skills such as Python and command-line proficiency is crucial for advancement. Williams advocates for continuous learning, termed "Stacking Days," underscoring the importance of skill development in cybersecurity.
Listen here

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