11th November 2016
The Hong Kong Monetary Authority has released a sobering assessment of blockchain -- the much-hyped technology some banks are researching to cut costs -- including a warning that it may raise the risk of money laundering. Read More
11th November 2016
Amber Rudd concedes London has become safe haven for illicit money and UK should do more to stop estimated £90bn a year laundered via British capital. Read More
10th November 2016
The theft of money from accounts at Tesco Bank is a threat to national security and undermines public trust in financial firms, Britain's interior minister Amber Rudd said on Thursday. Read More
8th November 2016
FCA chief tells MPs that ‘serious’ theft from 20,000 accounts may be linked via debit card flaw as customers report money transfered to Brazil and Spain. Read More
7th November 2016
Tesco Bank has frozen online transactions after customers were affected by fraudulent activity and pledged to refund those who had money taken from their accounts over the weekend. Read More
7th November 2016
China’s government has approved a broad new cybersecurity law aimed at tightening and centralizing state control over information flows and technology equipment, raising concerns among foreign companies operating in the country. Read More
4th November 2016
The National Crime Agency (NCA) has arrested 14 people across the UK for their suspected involvement in laundering as much as £11m generated by major malware scams. The NCA said that the money was probably gathered via the notorious Dridex and Dyre malware, which is believed to have been developed… Read More
26th October 2016
The U.S. government on Tuesday told banks to include details about cyber attacks when filing mandatory reports on fraud and money laundering, saying that will help battle digital crimes that pose “a significant threat” to the U.S. financial system. The U.S. government has long required… Read More
25th October 2016
A hurricane making landfall is never welcome but it looked set to strike Stephanie Kent’s home in Florida at the worst possible time. Back then, Ms Kent was fighting hackers seeking to take over her digital cash start-up Krypton – a services firm based around a variant of Bitcoin’s… Read More
24th October 2016
Ireland’s cybersecurity conference, Dublin Info Sec 2016, will be coming to the RDS Dublin on November 15th. At the conference, private and public sector cybersecurity expert panels will address IT security topics including the threat of ransomware, human factors in cybersecurity and Ireland’s cyber resiliency, crucially, highlighting IT security tools… Read More