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Early Warning Services (Zelle) Sued Over Lack of Early (or Any) Warnings

Consumers lost almost a billion dollars to Zelle fraud between 2017 and 2023. While that sounds like a lot, Zelle transferred over a trillion dollars last year. Zelle – officially Early Warning Services – is owned by the big banks including Wells, Chase, Bank of America and a few others. While many kinds of bank […]

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FDA’s Use of AI to Fast-Track Drug Approvals is a Bellyflop

Move fast and break things. That should be the mantra of AI everywhere. AI is both good and here to stay, but you need to validate anything that you do with AI. At least at this point in its lifecycle. Imagine, just for one sad moment, you’re in a life-or-death situation. You’re terribly ill and […]

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08.08.25 Security News Bites

AI Vendor Perplexity Accused of Scraping Websites That Explicitly Blocked AI Scraping Oops. Did they do that? They wouldn’t do that, would they? Cloudflare published research that says it actually saw Perplexity scraping sites while explicitly obscuring its identity in an attempt to circumvent the website’s preferences. To the tune of tens of thousands of […]

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The Attackers Seem to be Winning

I don’t know whether this is a slow news week or things are getting bad but check out all of these items this week: I could have easily listed twice as many hacks, but I stopped after a dozen. So you tell me – is this just a bad week or are the hackers winning? […]

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