The Markets in Crypto-Assets (MiCA) crypto licensing regulations have been overwhelmingly approved by the European Parliament, with MEPs voting 517-38 in favor of the new regime.

The FS-ISAC has organized a cyber defense exercise called Locked Shields, in which almost 30 financial firms, including Barclays, CME Group, and Mastercard, will participate. The exercise will span multiple days and involve a series of intricate and interconnected cyber attacks on a fictional country, targeting its military, government, critical infrastructure, and financial services.

Genesis Market, which sold digital identities and 'bots' containing stolen data from over 2 million people, was taken offline in a coordinated operation called "Operation Cookie Monster" involving 17 countries.

The former CIO of TSB Bank has been fined over £80,000 for his role in a problematic IT migration programme in 2018 that resulted in customers being locked out of their accounts for several weeks and caused ongoing technical issues for months.

Source: Riskified

Riskified (NYSE:RSKD), a leader in eCommerce risk intelligence, today announced its partnership with Deloitte, a leader in fraud and financial crime advisory services, to empower merchants with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space.

Source: DCMA

Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.

Following its failures related to collapsed payments company Wirecard, EY, an accounting firm, has been prohibited from accepting new auditing clients who are "of public interest" in Germany for two years.