More From #RISK – Page 144
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News
Biden administration mulls executive order on crypto oversight
In an effort to tighten regulations on cryptocurrencies, the Biden administration is considering an executive order on the new asset class.
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Number of data breaches in 2021 surpasses all of 2020
The number of data breach victims dramatically increased in Q3 2021 due to a series of data exposures during the quarter, according to the Identity Theft Resource Center (ITRC).
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COVID-19 sparks upward trend in cybercrime
New Europol’s 2020 cybercrime report updates on the latest trends and the current impact of cybercrime within the EU and beyond.
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VAT fraud with cash registers uncovered in Germany
More than 300 Italian restaurants in Germany reportedly used manipulated cash registers to avoid taxes.
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US announces national cryptocurrency enforcement team
The United States Department of Justice (DOJ) has created a new task force to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency.
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ICO comments on UK’s data reform
The UK Information Commmissioner’s Office (ICO) has responded to the Department for Digital, Culture. Media & Sport consultation: “Data: a new direction.”
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US government to sue contractors who don’t report a breach
The US Department of Justice has announced that under the new Civil Cyber-Fraud Initiative, government contractors will be held accountable in civil court if they don’t report a breach.
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Twitch confirms data breach
Live streaming gaming platform Twitch has announced that it has become the victim of a data leak, exposing streamers’ earnings and confidential company information.
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NatWest pleads guilty to money laundering failings
Britain’s NatWest bank has pleaded guilty to failing to prevent the laundering of nearly £400m.
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NCSC releases updated guidance over use of BYOD
The National Cyber Security Centre (NCSC) has warned organisations to consider security issues when allowing staff to use their own devices for work.
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One of UK’s largest newspapers leaks 10TB database
The Telegraph has leaked 10TB of data containing subscriber information, after failing to secure one of its databases.
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Major telecoms service giant reveals five-year breach
Syniverse has revealed to government regulators that it has been the victim of a five-year breach impacting hundreds of customers.
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Brazil to tighten penalties for crypto-related financial crimes
Brazil’s Special Committee of the Chamber of Deputies has approved a bill to crack down on cryptocurrency crimes, with focus specifically on individuals or groups who use cryptocurrency to launder money in Brazil.
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Video
GRC TV: Privacy is Hard: An Interview with Jaap-Henk Hoepman
Access this episode on demand, as we delve into privacy is hard: An Interview with Jaap-Henk Hoepman.
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Singapore builds digital platform to combat money laundering
The Monetary Authority of Singapore (MAS) is developing a digital network that will allow banks to share information on customers and transactions in order to combat money laundering, proliferation financing and terrorism financing.
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Pandora Papers: biggest offshore data leak
One of the largest financial document leaks has revealed the secret wealth and dealings of international leaders, politicians, and billionaires.
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DeepMind Technologies sued over alleged data sharing
A class-action lawsuit has been filed against Google’s artificial intelligence (AI) subsidiary DeepMind Technologies over an alleged data breach of data protection laws.
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General public fails to adopt or understand cybersecurity best practices
The Annual Cybersecurity Attitudes and Behaviours Report 2021 from NCSA and CybSafe for Cybersecurity Awareness Month uncovers key trends, behaviours and habits among US and UK tech users as cyber threat landscape heats up.
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US to convene 30 countries to combat ransomware attacks
U.S. President Joe Biden has announced that it will bring together 30 countries to address the threat of ransomware to national and economic security.
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Cryptocurrency from at least 6,000 customers stolen, Coinbase announces
Coinbase has sent out breach notification letters to at least 6,000 customers notifying them that their funds have been stolen by hackers.