All News articles – Page 52
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Thousands of Indian government officials being trained in cyber security
More than 4,000 employees of the Indian government have been trained in cyber safety in the past three months to help beef up the state’s defences against cyber-attacks.
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Data protection act enforcement may be further delayed in Thailand
Thailand’s new digital economy and society minister Chaiwut Thanakhamanusorn is considering postponing full enforcement of the country’s Personal Data Protection Act (PDPA) scheduled for June, in part to give small- and medium-sized enterprises (SMEs) more time to prepare. Implementation has already been delayed once.
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FinCEN appoints former Chainalysis executive as new head
The Financial Crimes Enforcement Network (FinCEN) has appointed a former executive of cryptocurrency analytics firm Chainalysis as its new Acting Director.
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Giant cyber insurance firm CNA hit by 'sophisticated' ransomware attack
Insurance firm CNA is working to restore its systems and is investigating if policyholders’ data has leaked after a “sophisticated” cyber attack.
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US beneficial ownership register step closer as FinCEN publishes consultation
The Financial Crimes Enforcement Network (FinCEN) has started the regulatory process of implementing a new beneficial ownership registry for businesses by publishing an Advance Notice of Proposed Rulemaking (ANPR) seeking comment on the proposals.
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Dutch DPA fines Booking.com €475,000 for late reporting of data breach
The hotel booking firm Booking.Com has been fined €475,000 for failing to report a data breach to the authorities for 22 days
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Hungarian authorities dismantle €8million VAT ‘invoice mills’ fraud scheme
An organised criminal group that used “missing traders” to fraudulent claim €8.2million has been dismantled by the Hungarian National Tax and Customs Administration, Europol announced yesterday.
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International Compliance Association announces new Global Practitioner Advisory Board
The International Compliance Association has announced the members of its new Global Practitioner Advisory Board.
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Business Update: VIDIZMO Helps Organizations Meet GDPR Conditions
VIDIZMO’s compliant solutions help organizations proactively protect the personal data they process and prevent unauthorized breaches (Press Release)
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Ernst & Young drops appeal against $10.8m penalty to laundering whistleblower
Ernst & Young (EY) has dropped its appeal against the United Kingdom’s High Court awarding former partner and whistleblower Amjad Rihan $10.8m (€9.08m) in compensation.
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EU-South Korea data protection adequacy decision one step closer
The European Union and South Korea have confirmed there is a high degree of convergence between their data protection regulations, paving the way for an adequacy decision which would allow the free flow of personal data between them.
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Business Update: Polymer Solutions closes $1MM Seed Round to secure SaaS platforms
Polymer Solutions, the ‘virtual compliance officer’ for SaaS, closes $1MM seed funding (Press Release)
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Business Update: Cisco Unveils New, Expanded SASE Architecture
Cisco simplifies networking and security operations with an expanded Secure Access Service Edge (SASE) architecture, and unveils innovations to cloud-native platform, SecureX (Press Release)
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UK Cyber Security Council now operating as an independent body
A new body to promote cyber security careers and boost skills and diversity is now officially an independent entity, it has been announced
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Online gaming association calls for ‘decisive action” in money laundering investigations in Malta
An association of iGaming companies based in Malta has called for “clear and decisive action” to hold money launderers in the industry accountable following a series of scandals in recent weeks.
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UK educational trust suffers ransomware attack
The Harris Federation, which runs 50 schools in the United Kingdom has fallen victim to a ransomware attack, just days after the National Cyber Security Centre (NCSC) warned educational establishments of an increase in such incidents.
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Washington Privacy Bill redrafted to add sweeping opt-out controls
Washington state’s new Privacy Bill has been amended and strengthened by state house lawmakers to include new opt-out controls and private right to action.
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Executives ‘underestimate cyber threat’ say security decision-makers
Executives’ assumption that cyber security is “easy” and threats and problems are overstated emerged as the greatest frustration of senior IT and security decision makers in a survey of 900 companies in the Asia-Pacific region.
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Business Update: Annual Cyber Protection Week survey reveals post-pandemic paradox
Despite 80% of organizations running up to 10 different protection and cybersecurity solutions simultaneously, more than 50% of them experienced downtime from data loss last year (Press Release)
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French government updates AML action plan
The French government has outlined measures to increase anti money laundering (AML) supervision and boost corporate transparency in an updated action plan.