Study finds humans beat ChatGPT when creating phishing attacks

Cybersecurity training services company Hoxhunt Ltd. today released the findings of a new study into the effectiveness of ChatGPT-generated phishing attacks, and though the technology continues to improve, humans actually delivered better results. The study analyzed over 53,000 email users ...

New York shuts down crypto-heavy Signature Bank to protect depositors

New York-based Signature Bank was shut down by New York State authorities today, making it the third bank to close this week, following SilverGate Bank on Wednesday and Silicon Valley Bank on Friday. The New York Department of Financial Services ...

Silvergate Bank shutting down amid ongoing fallout from FTX collapse

Troubled cryptocurrency financial services provider Silvergate Bank will shut down and its assets will be liquidated following months of ongoing drama in the market following the collapse of crypto exchange FTX Trading Ltd. in November. Parent company Silvergate Capital Corp. made ...