
Cybersecurity Isn't a Job for Bank Examiners
Cyberattacks are a top — and growing — threat to the US financial system. On that, executives and regulators agree. Exactly what to do about them is less clear.
The task of safeguarding banks is daunting. The biggest lenders spend billions of dollars a year to repel increasingly sophisticated hacks emerging from China, North Korea, Iran and Russia. This requires monitoring vulnerabilities at a wide variety of customers, counterparties and vendors — including software companies and phone and internet providers.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Android Authority
23 minutes ago
- Android Authority
Google Pixel 10 may fail to live up to our MagSafe dreams, after all
Rita El Khoury / Android Authority TL;DR Google is preparing a range of 'Pixelsnap' accessories for the Pixel 10 that support wireless charging. Despite Qi2 support, the phone may require the use of a case to add the magnets needed for alignment. In addition to Google's own accessories, look for a range of similar Made by Google solutions from third parties. What is so hard about giving Android users what they want? When it comes to wirelessly charging our phones, we're not asking for that much: just some proper MagSafe-style Qi2 charging with integrated magnets. And with our discovery earlier this week of Google's work towards a new line of 'Pixelsnap' accessories, we were getting cautiously optimistic that the Pixel 10 series might just be the phones to do it, supporting Qi2 magnetic attachment right out of the box. Sadly, that dream may already be over, as a new report emerges to dash our hopes. A frustratingly recurring motif for wireless charging on Android phones has been the absence of magnets required for securely attaching Qi2 chargers with perfect alignment when it comes to phones themselves. Instead, manufacturers like Samsung have required users to pick up a case for their phone with these magnets, and while that works in a pinch, it's far less convenient than having that support baked-in. Following our publication of Google's Pixelsnap plans, Android Headlines shares its own report that attempts to confirm Google's development of a series of Qi2 accessories. But the site also adds one important detail: Google will put magnets in its cases. If true, that strongly implies that the phones themselves would not have magnets of their own. And while that wouldn't be at all surprising, given the sorry state of Android Qi2 support, it's nonetheless disappointing. Beyond that frustrating development, Android Headlines reports some new information on some more of Google's Pixel 10 accessory strategy. In addition to Pixelsnap accessories, we'll be seeing the regular assortment of 'Made for Google' options from third parties, with many also supporting Qi2 and seeing sales through the Google Store. The site claims Google's Pixelsnap Charger will look much like Apple's own MagSafe Charger, and that the Pixelsnap Charger with Stand will resemble the old Pixel Stand 2. So far, though, we've yet to see imagery of either. Finally, Google's reportedly working on a new dual-port USB-C charger with 45W output support. Whether or not any Pixel 10 phones will actually support charging that fast remains to be seen. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.


TechCrunch
24 minutes ago
- TechCrunch
Battery manufacturer Powin files for bankruptcy months after landing $200M loan
Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. Powin had been searching for alternative domestic suppliers, but the supply chain wasn't sufficiently mature, Jeff Waters, the company's former CEO, told Bloomberg in April. The company laid off nearly 250 employees earlier this month, and just 85 remain, less than a fifth of what it started the year with. Alongside the bankruptcy filing, Waters was replaced by Brian Krane, Powin's chief projects officer. Powin was a survivor of the first clean tech boom over a decade ago. The company was taken private in 2018, and it received $135 million in growth equity in 2022 from investors including Energy Impact Partners, GIC, and Trilantic Energy Partners. More recently, it secured a $200 million revolving credit facility from KKR. In recent years, Powin had grown alongside the boom in grid-scale battery storage, ranked third in the U.S. in terms of installed capacity and fourth worldwide. The company did not say what spurred the sudden rise in debt, though given its reliance on Chinese LFP cells, tariffs may have played a roll.


The Verge
29 minutes ago
- The Verge
Apple will let you play video in CarPlay with iOS 26
Apple's days of blocking you from watching video through CarPlay appear to be coming to an end. The upcoming iOS26 update will allow people to project video from their phones onto the center display of their vehicle through AirPlay. This will enable users to 'watch their favorite videos from iPhone right on their CarPlay display when they aren't driving,' Apple says. The new capability, which was first noticed by MacRumors, falls under the 'video in the car' category on Apple's developer site, alongside 'Automaker apps' and 'car keys.' The company invites automakers and developers who are 'interested in supporting CarPlay, CarPlay Ultra, AirPlay video, or car keys in your vehicle system' to join its MFi Program. Apple says that automakers will need to add support for CarPlay with AirPlay video, so it won't be available to everyone right away. Most automakers are a little risk-averse when approaching new tech that has the potential to be a distraction from driving, so they're likely pushing for assurances that videos can only be played while the vehicle is parked. They're also wary about handing over too much control of their screens to Apple, which is why Aston Martin is the only automaker that has come out in support of the company's new CarPlay Ultra. Apple says that automakers will need to add support for CarPlay with AirPlay video, so it won't be available to everyone right away. A spokesperson for Apple didn't immediately respond to questions about automaker support or hardware requirements. A lot of vehicles, especially EVs, already offer some version of video streaming or gaming capability while parked. Some automakers, especially those with Google's built-in Android-based operating systems, have started adding native YouTube apps to their infotainment displays. Tesla has a Theater mode that supports Netflix, Hulu, YouTube, and other services. Other car manufacturers with passenger or seatback screens support various video streaming services.