Blockchain data platform Chainalysis has started a new subsidiary, Chainalysis Government Solutions, to advise U.S. defense, intelligence, law enforcement and civilian agencies, a company post said July 27. It will work with law enforcement and government agencies investigating cryptocurrencies, criminal operations, and recovery of funds...
Financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Research overseen by the United Kingdom think tank the Royal United Services Institute has found at least 15 information-sharing projects around the world,...
The U.K. Information Commissioner’s Office (ICO) published on Monday, July 11, a report about the government use of private correspondence channels like WhatsApp, private emails and messaging apps to conduct official business. As a result of the risks identified in the report, the ICO is...
Delio, the first virtual asset service provider (VASP) in Korea has launched the country’s first cryptocurrency bank, offering money market deposit accounts (MMDA) that enable crypto deposit and withdrawal at any time, according to a Thursday (July 7) blog post. As a crypto bank, Delio...
Apple has put out two initiatives to help users fend off digital threats such as state-sponsored mercenary spyware, the tech giant announced in a company blog post Wednesday (July 6). Lockdown Mode, as one of them is called, will be an optional offering that aims...
Nine people were arrested following the interception of a European Union payments phishing campaign that allegedly defrauded over 5,000 citizens of Ukraine of more than 100 million hryvnias (about $3.39 million), according to a press release. The Ukraine Cyber Police Department and the Pechersk Police...
Eighty-one percent of consumers believe that data security is “very” or “extremely” important when it comes to sharing personal data online, according to “The Future of Authentication in Financial Services,” a PYMNTS and Entersekt collaboration based on survey responses from 2,719 American consumers. Get the...
Proposed cybersecurity rules from China could make it hard for Western financial companies to operate as their data would be vulnerable to hacking and other risks, according to a industry group, Reuters reported Thursday (June 2). This comes as several Western investment banks and asset...
Digital Main Street and Mastercard will expand their partnership with an eye toward giving more resources to help Canadian businesses fight cybercrime, which has been increasing since the beginning of the pandemic, according to a Mastercard press release Monday (May 16). The expansion will bring...
