The Bank of England is warning that additional policy measures may be required to mitigate financial stability risks from the growing concentration of power in the hands of global cloud providers.
Morgan Stanley says the personal information of stock plan participants has been stolen after a third-party vendor suffered a data breach thanks to a vulnerability with file sharing software from vendor Accellion.
Sweden's financial watchdog is investigating whether buy-now-pay-later (BNPL) fintech Klarna violated bank secrecy laws following a security breach in May.
The Financial Industry Regulatory Authority (Finra) has fined Robinhood $57 million and ordered the trading app to pay approximately $12.6 million in restitution, plus interest, to thousands of "harmed customers".
The former chairman of a UK group that represents the payment services industry has been convicted of laundering the proceeds of an investment fraud worth £850,000 and involving more than 60 victims.
Source: European Commission
The Commission is today laying out a vision to build a new Joint Cyber Unit to tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union.
Source: Georgetown McDonough School of Business
The rapid growth of the dynamic FinTech industry in MENA has led to new business models, technologies, regulatory reforms and use cases being deployed across the region.
Cryptocurrency compliance and risk management platform TRM Labs has closed a $14 Million Series A funding round.
