A massive botnet comprising approximately 13,000 hijacked MikroTik routers has been deployed to distribute malware through spam campaigns, highlighting the persistent security risks tied to misconfigured networking devices.
Source: Mastercard
Mastercard is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canada’s technology workforce.
Today marks the official enforcement of the Digital Operational Resilience Act (DORA), introducing a standardized framework to strengthen Information and Communication Technology (ICT) risk management across financial services.
In a major enforcement action, 48 state financial regulators have fined Block $80 million for violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. Block, the parent company of Cash App, agreed to pay the penalty, hire an independent consultant to evaluate its BSA/AML program, and address any deficiencies identified within 12 months. The investigation revealed compliance lapses that could enable illegal activities, including money laundering and terrorism financing.
Robinhood has agreed to pay $45 million to resolve multiple charges brought by the U.S. Securities and Exchange Commission (SEC) involving its brokerage operations.
The Consumer Financial Protection Bureau (CFPB) is exploring how existing privacy and consumer protection laws can be applied to emerging digital payment systems offered by Big Tech, stablecoins, and other cryptocurrencies.
CrowdStrike, a leading cybersecurity firm, has uncovered a phishing campaign that uses its own branding to distribute cryptocurrency-mining malware.
The European Banking Authority (EBA) has released comprehensive guidelines to help financial institutions manage Environmental, Social, and Governance (ESG) risks.
