A ransomware group known as Global has threatened to release sensitive data stolen from the Lorain County Auditor’s Office unless a ransom is paid by today.
Louis Vuitton has confirmed a data breach affecting its UK customer base, marking the third cybersecurity incident linked to LVMH brands in as many months.
Money transfer firm Wise has been fined $4.2 million by a coalition of U.S. state regulators—including New York, Massachusetts, California, Texas, Minnesota, and Nebraska—for failing to maintain adequate anti-money laundering (AML) controls.
The Bank of England has fined UK payments operator Vocalink £11.9 million for failing to meet a February 2022 deadline to address weaknesses in its risk management and governance framework.
A global leader in verification and anti-fraud Sumsub has been selected by France-based fintech platform Next Generation NGPES to provide advanced fraud protection, identity verification and AML regulation compliance as it launches an innovative payment ecosystem, including an EUR-backed stablecoin.
Visa, a world leader in digital payments, is fighting back as scammers harness the power of artificial intelligence to target New Zealanders by using AI to combat AI.
The UK Government is taking steps to simplify regulatory compliance for fintech firms, as part of its broader effort to drive economic growth. In 2024, the fintech sector attracted $3.6 billion in investment, making it a key component of the UK’s growth strategy.
North Korea-aligned hackers have launched a new wave of attacks against Web3 and cryptocurrency firms using a macOS malware strain called NimDoor, according to a July 2, 2025 report by SentinelLabs.
