Ascension hospitals in Michigan and across the United States were recently subjected to a disruptive cyberattack, prompting a significant impact on their computer networks and clinical operations. As a result, the nonprofit health system, headquartered in St. Louis, Missouri, advised its business partners to sever online connections to its network in response to the incident.

Visa is rolling out an innovative AI solution to assess risk levels of transactions in real-time, aiming to thwart enumeration attacks facilitated by automated scripts and botnets.

Payment companies have received a warning from the Bank of England regarding the necessity to enhance their readiness for upcoming 'operational resilience' standards set to be implemented next year.

The EU Parliament passed laws to strengthen AML and terrorist financing measures, impacting cryptocurrency. Enhanced due diligence and identity checks are required, with obligated entities reporting suspicious activities to FIUs.

Source: ICMA

The International Capital Market Association (ICMA), the Islamic Development Bank (IsDB) and LSEG (London Stock Exchange Group) today publish new guidance on the issuance of green, social and sustainability sukuk (together, “sustainable sukuk”).

The European Parliament passed a new law to enhance corporate responsibility across global supply chains. The Corporate Sustainability Due Diligence Directive (CSDDD) mandates large EU companies to prevent environmental and human rights abuses.

In its 2023 annual report, the French data protection authority CNIL highlighted a surge in public awareness and complaints, notably receiving 35% more complaints compared to the previous year.