All News articles – Page 63
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NewsRUSI argues for national security response to tackle fraud ‘epidemic’
A UK thinktank has called for fraud to be considered a ’national security priority’ backed by a new public-private strategy.
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NewsMarriott wins US data hack lawsuit
A US district court judge has dismissed a case against Marriott following a cybersecurity breach affecting around 5.2 million of the luxury hotel chain’s customers
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NewsGDPR and CCPA: where the differences lie
California’s Consumer Protection Act in many ways looks like the General Data Protection Regulation, but there are some significant differences. Darren Wray provides a handy guide to understanding how the two pieces of legislation differ from each other.
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NewsThousands of fake Covid-19 websites and emails closed down in Canada
More than 4,000 false Canadian government websites and email addresses taking advantage of the pandemic to try to mine personal data or steal money have reportedly been removed by the Canadian Centre for Cyber Security (CCCS).
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NewsAttorney Slaughter set for top FTC role
President Joe Biden has designated attorney Rebecca Kelly Slaughter as acting chair of the Federal Trade Commission (FTC), following the resignation of chair Joseph Simons.
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NewsChina’s clampdown on payment providers is necessary to protect international financial ecosystem
The authorities in China are seeking to expand anti-money laundering supervision of non-bank payment providers and have also stepped up fines. Jose Caldera explains why this is needed.
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NewsHealth insurer fined $5.1m for data breach affecting 9m-plus people
Excellus Health Plan of New York state is to pay $5.1m (€4.2m) to the Office for Civil Rights (OCR) in the US and implement a corrective action plan following a data breach.
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NewsThree financial institution staff arrested in UK as concern grows over Covid-19 loan scheme fraud
Three men working for a financial institution have been arrested in the United Kingdom as part of a probe into suspected fraudulent claims totalling £6million made through the Covid-19 Bounce Back Loan Scheme (BBLS)
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NewsData stolen from Scottish regulator in cyberattack published online
Data stolen from an environmental regulator in Scotland in a cyberattack has now been published online.
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NewsPhilippines ‘could face FATF sanctions’ for failing to implement legislation
The Philippines risks being put on the Financial Action Task Force’s “grey list” if it does not fully implement the necessary amendments to its anti-money laundering law, according to the country’s Anti-Money Laundering Council (AMLC).
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NewsSaudi Arabia to implement stricter AML rules for Forex offices
The authorities in Saudi Arabia have reportedly approved stricter rules to combat money laundering and terrorism financing.
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NewsGDPR fines increase 19% year-on-year as regulators ‘test limits of powers’
Daily breaches of the General Data Protection Regulation (GDPR) increased 19% in the last 12 months compared to the previous year, according to research.
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NewsSpanish and US authorities ‘dismantle’ group laundering money for South American drug cartels
A criminal network which laundered money and used hitmen to collect cash throughout Spain for South American drug cartels has been “dismantled”, Europol has said.
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NewsBiden names cybersecurity and privacy chiefs
US President Joe Biden’s choices as secretary of the Department of Homeland Security (DHS) and director of national intelligence (DNI) say they will make bolstering the country’s cybersecurity a priority.
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NewsICO adds two projects to Sandbox service in bid to bolster children’s online privacy
The Information Commissioner’s Office (ICO) in the UK has added two projects to its Sandbox service with the aim of improving children’s online privacy.
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NewsBIDEN INAUGURATION: Incoming US Treasury Secretary pledges to build beneficial ownership registry as “quickly as possible”
The incoming US Treasury Secretary Janet Yellen has told the Senate that cleaning up America’s corporate transparency problem is a “very high priority”.
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NewsEuropean Commission takes aim at unilateral sanctions by ‘third-countries’ as it unveils strategy to strengthen financial system
The European Commission has published a new strategy to strengthen Europe’s financial system, including measures to tackle the impact of ‘unlawful’ unilateral sanctions imposed by ‘third-country partners’.
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NewsFertility app Flo settles misuse of health data case with FTC
Period and fertility-tracking app developer Flo Health has reached an agreement with the United States’ Federal Trade Commission over allegations the company shared users’ health information with outside data analytics providers despite promising it would be kept private
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NewsFrench central bank conducts Digital Euro experiment with €2million in simulated transactions
The Bank of France (BoF) has announced that it has carried out a successful experiment of a central bank digital currency for interbank settlement purposes.
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NewsThree in 10 financial services employees ‘unaware slavery exists in the UK’, report finds
Three in 10 employees in the financial services sector are unaware that modern slavery exists in the UK, a report has found.
