Jan Marsalek, the elusive former chief operating officer of defunct German payment processors Wirecard, has been put on Interpol's most wanted list as German prosecutors plead on TV for leads to the disgraced executive's whereabouts.
Source: BIS
In recent years, the growth of technology-related threats has increased the importance of banks' operational resilience.
Capital One has agreed to a $80 million fine from US regulators over a 2019 hack which exposed the personal information of more than 100 million customers and applicants.
Source: Global Payments
Today, Global Payments Inc. (NYSE: GPN) and Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced a new, multi-year collaboration agreement to provide a cloud-based issuer processing platform to financial institutions around the world.
Source: EDM Council
EDM Council, the leading trade association for data management, has launched the Cloud Data Management Capabilities (CDMC) Best Practices Work Group.
Ireland's Central Bank has imposed a €1.66m fine on Bank of Ireland (BoI) for a regulatory breach that saw one of its subsidiaries transfer more than €100,000 to a hacker that had illegally accessed a client's email account.
Visa and Mastercard both slapped eight figure fines on Wirecard years before the German payments processor's recent spectacular collapse in the face of an accounting scandal, according to the Wall Street Journal.
American banking app Dave says a data breach at third party provider Waydev has exposed the personal information of its 7.5 million users.
