Financial institutions are ramping up their cybersecurity investments in response to increased threats, according to a report by Fastly. Data revealed that financial organisations suffered an average of 50 known attacks last year, more than any other sector, prompting 80% to increase their security budget. Despite this, 44% believe they overspent on cybersecurity tools, and only 54% fully utilised the tools they bought. The report also identified a dearth of skilled security professionals.

Tenable Finds DeepSeek AI Can Be Manipulated to Generate Malware
A study by cybersecurity firm Tenable shows that DeepSeek R1, a large language model, can be manipulated into creating malware, such as keyloggers and ransomware.