FSB Chair Warns Crypto May Soon Pose Systemic Financial Risk
Cryptocurrency may be nearing the point where it poses a systemic risk to the global financial system, according to Klaas Knot, outgoing chair of the Financial Stability Board (FSB). Speaking in Spain, Knot acknowledged that despite previous disruptions in the crypto space—including bankruptcies, liquidity issues, and fraud—the FSB had not considered the sector a systemic threat until now.
Critical SAP NetWeaver Vulnerability Exploited in Zero-Day Attacks
A critical vulnerability, CVE-2025-31324, in SAP’s NetWeaver platform, specifically within the Visual Composer’s Metadata Uploader component, is under active exploitation.
LexisNexis Risk Solutions completes IDVerse acquisition
Source: LexisNexis
LexisNexis Risk Solutions, part of RELX, closed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions.
Cytora launches explainable agentic AI solution for insurance risk assessments
Source: Cytora
Cytora has announced the latest version of its digital risk processing platform. Cytora Platform 3.0 enhances the capabilities of the platform by harnessing agentic AI in a fully explainable way.
Majority of Financial Firms Unprepared for Generative AI
Despite increasing efforts to adopt artificial intelligence (AI), many firms remain in the early stages of implementation, hindered by significant gaps in workforce training and regulatory readiness.
New Software Supply Chain Threats Exploit Entry Points Across Programming Ecosystems
Cybersecurity researchers have uncovered a new threat to software supply chains that spans multiple programming ecosystems, including PyPI, npm, Ruby Gems, NuGet, Dart Pub, and Rust Crates. These entry points, which are typically used by developers to execute specific commands or load plugins, can be exploited by attackers to introduce malicious code.
FullCircl taps LSEG Risk Intelligence to tackle global identity fraud
Source: FullCircl
FullCircl, a UK-based RegTech which is uniquely placed at the intersection where revenue meets regulation, has announced a new partnership with LSEG Risk Intelligence.
Regulators Warn of Risks in Bank-Fintech Partnerships
There exists a nuanced spectrum in orchestrating and nurturing bank-fintech collaborations. This complex landscape necessitates a keen understanding of pivotal factors and methodologies imperative for sustaining these relationships, irrespective of their objectives or frameworks.
