LEGAL firms have been issued today (Thursday) with the latest guidance and steps to take to combat the evolving cybersecurity threats the sector faces. [Read more]
Category: Regulatory
Open banking has gained significant traction in recent years as a transformative concept in the financial industry. The pandemic has accelerated this adoption even further, as evidenced by the increased popularity of neobanks and alternative financial services aiming to enhance the digital banking experience. [Read more]
Chinese hackers are too frequently going “unidentified and undeterred,” and software companies aren’t doing enough to their cybersecurity. Cyber-attacks “can do real damage” to US interests through the loss of trade secrets, a top US cyber official said Monday. [Read more]
The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) are issuing this statement on the liquidity risks presented by certain sources of funding from crypto-asset-related entities, and some effective practices to manage such risks. [Read more]
Cyber Defence Index, created by MIT Technology Review Insights and sponsored by Code42, gave Canada an average score of 6.94, behind the United States (7.13) and ahead of Poland (6.91). [Read more]
The last year saw advances and setbacks in the fight against American white supremacist, anti-government, and other violent right-wing groups. The good news is that the number of deaths from terrorism and other extreme forms of violence was low, but the bad news for 2022 is that violent rhetoric and threats are becoming normalized in everyday politics. [Read more]
U.S. regulation of crypto assets is an ongoing issue for current politicians. This month, Capitol Hill played host to a watershed moment for crypto adoption in the U.S. Six executives from prominent crypto firms set out to demystify various aspects of their industry. Here’s the round up. [Read more]