Why video communication tools may pose security and compliance risks for firms
A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.
Korean FSC to create virtual asset division in its financial intelligence unit
South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).
Interpol warns of cybercriminals using vaccine scams to defraud governments
Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.
T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
Napier deploys its transaction monitoring technology into crypto payment company
Napier, a supplier of advanced anti-financial crime compliance tools, has implemented its AI technology into cryptocurrency payments service BCB Group, to improve anti-fraud capabilities.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
SEBI looks to ease regulatory compliance burden with debt securities merger
The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.
Chinese spies posed as Iranians to breach Israeli networks, cyber firm FireEye claims
Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.
Accenture hit by ransomware attack by LockBit 2.0 group
IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.
