All News articles – Page 66
-
NewsCrypto analytics firm CipherTrace files patents for technology to trace privacy coin Monero
Cryptocurrency risk intelligence and analytics firm CipherTrace has filed two patents for technology to trace transactions for privacy coin Monero (XMR).
-
NewsTrump-appointed regulator proposes rule to compel banks to lend to “unpopular” businesses
A US regulator has proposed a new rule aimed at compelling banks to lend to “unpopular” businesses such as oil businesses and gun manufacturers.
-
NewsUK businesses face aggregate costs of up to 1.6 billion if no adequacy decision post-Brexit transition period, report finds
The cost to UK businesses of not receiving an adequacy decision from the European Commission could total between £1 billion and £1.6 billion, according to a new report by think tank New Economics Foundation and UCL European Institute.
-
NewsManchester United network suffers “sophisticated” internal cyber attack
On Friday, Manchester United announced that a “sophisticated operation by organised cyber criminals” had occurred. An investigation is underway, but the club said they did not believe that any personal data belonging to employees or customers had been accessed. Impacted systems were immediately shut down to contain the attack.
-
NewsNasdaq to acquire Canadian AML technology firm Verafin in $2.75bn deal
Nasdaq has agreed a $2.75bn deal to acquire Canadian anti money laundering and fraud platform provider Verafin.
-
NewsTrump fires CISA Director over statement on US election security
The Director of the Cybersecurity and Infrastructure Security Agency (CISA) was fired by Donald Trump yesterday because he authorised a statement saying that the election was “the most secure in American history.”
-
NewsUS SANCTIONS: Airbnb admits it may have breached Cuban sanctions; Western Union halts Cuba transactions; Trump imposes fresh restrictions related to China and Iran
AirBnb has admitted it may have breached US sanctions and could face litigation.
-
NewsLagarde hints digital Euro is likely but would take several years due to AML and privacy concerns
Christine Lagarde has said her “hunch” is that a digital Euro will be set up soon but would take up to four years to implement.
-
NewsTicketmaster fined £1.25m over personal data breach
Ticketmaster has been fined £1.25m for failing to keep the personal data of millions of customers secure.
-
NewsCanadian privacy watchdog publishes recommendations on regulating use of AI
The Office of the Privacy Commissioner of Canada (the OPC) yesterday outlined recommendations for regulating the use of artificial intelligence, including a rights-based approach.
-
NewsFinancial crime caseload productivity ‘stagnated or got worse in 2020’, survey finds
Financial crime caseload productivity stagnated or worsened this year with investigators warning they need more adequate technology, training and investment to keep up with the criminals, research has found.
-
NewsLatvian bank RIB fined €473k over “irregularities” and inadequate AML
Latvian bank Reģionālā Investīciju Banka (RIB) has been fined €473,076 over fund source detection “irregularities” and inadequate risk management.
-
NewsThe FTC settles with Zoom after the company ‘misled’ users over encryption and surveillance
The Federal Trade Commission (FTC) has announced a settlement with Zoom, after the company “misled users by touting that it offered ‘end-to-end, 256-bit encryption’ and remote video surveillance.”
-
NewsTwitter inches closer to first cross-border GDPR penalty
Twitter is inching closer to becoming the subject of the Irish Data Protection Commission’s first major cross-border GDPR decision.
-
NewsSwiss bank Julius Baer agrees to hand over nearly $80m to settle FIFA corruption case
Julius Baer said it has reached an agreement in principle with the US Department of Justice to resolve an investigation into the bank’s role in the FIFA corruption scandal.
-
NewsTim Berners-Lee launches enterprise-friendly decentralised web platform in move to ‘restore power on the web’
Tim Berners-Lee has launched an enterprise-friendly decentralised web platform using the open-source technology, Solid, to “restore power” on the web.
-
NewsUAE lifts suspensions for 193 law firms but fines seven for continued AML failures
The United Arab Emirates’ Ministry of Justice has fined seven law firms for continued anti-money laundering failures, but lifted suspensions on 193 others.
-
NewsLegal action brought against ICO over alleged Adtech GDPR breaches
UK privacy campaigners The Open Rights Group (ORG) yesterday announced their intention to bring legal action against the UK data protection regulator.
-
NewsEU finance ministers call for GDPR clarity as they back greater info-sharing to tackle money laundering
EU finance ministers are calling for clarity on data protection rules as they seek to harmonise anti money laundering regulations across Europe.
-
NewsSingapore updates 2012 Personal Data Protection Act
Singapore passed amendments to its Personal Data Protection Act (PDPA) on Tuesday, in the first comprehensive review of the Act since its 2012 enactment.
