Regulators have seized First Republic Bank and sold all its deposits and most of its assets to JPMorgan Chase.
Coinbase has filed a suit against the Securities and Exchange Commission, asking a court to make the regulator respond to a petition from last year on the "rules to govern the regulation" of digital assets.
The Consumer Financial Protection Bureau (CFPB) says it has suffered a data breach which saw an employee forward the personal information of more than quarter of a million Americans to a personal email account.
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.