Chinese hackers breached US pipelines between 2011 and 2013, joint advisory reveals
An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.
EU plans to end cryptocurrency anonymity as part of AML plan
The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.
FBI warns of potential cyberthreats to 2020 Olympic Games
The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.
FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.
UBS hit with $8m SEC fine over volatility-tied compliance failures
UBS Wealth Management USA has agreed to pay a $8m fine to the Securities and Exchange Commission (SEC) over its failure to properly supervise...
How OneSpan’s fraud prevention software can help FIs beyond transaction authorisation
Despite banks investing countless resources to counter cybercriminals, social engineering attacks and phishing schemes are still rampant. However, with OneSpan's Cronto transaction signing solution, banks can not only mitigate fraud risks but also boost user experience.
Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...
FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the...
InsurTech BackNine exposes sensitive information of thousands of insurance applications after security breach
InsurTech BackNine exposed hundreds of thousands of insurance applications that included sensitive information after its cloud server was left unprotected on the internet.
US introduces ransomware safety site, offers incentives for hacker tips
The US government has unveiled a new website designed to provide businesses with greater knowledge of the threat posed by ransomware to their companies.
US launches inter-agency task force to tackle ransomware wave
The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.