The Bank of England has been looking into how distributed ledgers can be configured to enable privacy amongst participants whilst keeping data shared across a network and enabling regulators to view all transactions.

ITRS has released a set of six fully-supported integrations to monitor key big data technologies used in financial services today including Kafka, Hadoop, PostgreSQL, MongoDB, Cassandra and Elasticsearch.

Swiss supervisory watchdog Finma has identified cyber security risks as it chief policy concern for 2018.

The mastermind behind the Carbanak and Cobalt malware attacks on over a 1000 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies.
In operation since 2013, the crime ring behind the malware struck banks in more than 40 countries resulting in cumulative losses of over EUR1 billion for the financial industry.

A former Equifax executive has been charged by US authorities with insider trading, accused of selling off all of his stock in the credit rating agency last summer before it revealed it had suffered a massive data breach.

The International Compliance Association is pleased to announce the launch of a brand new qualification in its specialist certificate series: the ICA Certificate in Financial Crime Risk in Global Banking and Markets. The Certificate, which is awarded in association with Alliance Manchester Business School, the University of Manchester, is designed for those who want to explore the financial crime risks inherent in financial markets.

Citi and Kabbage have signed on as founding members of a new industry consortium set up by the World Economic Forum to strengthen the cybersecurity of fintech firms and data aggregators.