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In July, the Basel Committee on Banking Supervision (BCBS) released its final disclosure framework for the prudential treatment of cryptoassets, ahead of the new standard (SCO60) taking effect in January 2026. While the framework aims to provide regulatory clarity, it has been met with resistance from leading industry bodies that argue the rules do not align with the realities of crypto-related risks.

The Canadian Investment Regulatory Organization (Ciro) has confirmed it detected a cybersecurity threat on August 11, prompting the regulator to proactively shut down certain systems as a precaution. Despite the disruption, Ciro emphasized that all critical functions remained operational and real-time equity market surveillance continued without interruption.

Worldpay, a global leader in payment technology, today announced they are partnering with Trulioo, the leading global digital identity platform, to introduce new safeguards for AI-powered agent-led commerce.

In April, Norway’s Police Security Service (PST) reported that pro-Russian hackers seized control of a dam in Bremanger, western Norway, releasing 500 liters of water per second for four hours before being stopped.

Kaspersky has identified a malware campaign involving the Efimer Trojan, a threat first detected in October 2024 and still active into 2025. This Trojan is designed to steal cryptocurrency, compromise WordPress sites, and spread through torrents and targeted phishing emails.

A new study by Heimdal and FutureSafe reveals that the security tools designed to protect managed service providers (MSPs) are increasingly working against them.

Visa has announced the launch of its new Cybersecurity Advisory Practice, aimed at helping clients better understand the evolving threat landscape and take proactive steps to protect their businesses.

The U.S. Securities and Exchange Commission (SEC) has named Valerie Szczepanik, formerly head of the SEC’s Strategic Hub for Innovation and Financial Technology, as its first Chief AI Officer. In her new role, Szczepanik will lead the newly formed AI Task Force, signaling a strategic move by the SEC to embrace artificial intelligence as a tool for strengthening regulatory operations.

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