Indictment Alleges AI Impersonation Scheme Took $2.68 Million from Rhode Island Bank
U.S. prosecutors unsealed an indictment alleging an AI-enabled impersonation scheme stole approximately $2.68 million from a Rhode Island bank.
Read developmentArtificial Intelligence
South Korean Police Refer Suspected AI-Assisted Hacking Ringleader to Prosecutors
South Korean police referred a suspected ringleader to prosecutors in custody after a group allegedly stole 8.2 million personal-data and internal-record items from more than 90 entities. Police said AI tools were used against 60 targets and that the group demanded 360 million won from 38 businesses.
Read developmentHong Kong HKMA Sets Out ART Framework for Responsible Bank AI
Hong Kong’s Monetary Authority announced an Accountability, Resilience and Trust framework for responsible AI adoption in banking. Its initiatives include updated supervisory guidance, a training-data sharing platform and further testing of agentic AI, alongside plans for a governance discussion paper.
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