News:

The Financial Conduct Authority (FCA) and the Information Commissioners Office (ICO) have today published an update on the EU General Data Protection Regulation (GDPR).

The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.

Distributed ledger technology, or DLT, is the advancement that underpins an array of new financial products, including cryptocurrencies and digital payment services.
Many have identified DLT as the next great driver of economic efficiency. Some have even compared it to productivity-driving innovations such as the steam engine and personal computer.

Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.

The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has agreed its 2018 business priorities will focus on areas including regulatory coherence; CCP recovery & resolution issues; cyber security; FinTech; and SMEs.

Imperva, Inc. (NASDAQ: IMPV), a cybersecurity leader that delivers best-in-class solutions to protect data and applications on-premises, in the cloud, and across hybrid environments, today announced the results of a survey of 250 IT professionals on the state of application programming interface (API) security. The survey showed a heightened concern for cybersecurity risk related to API use. Specifically, 63 percent of respondents are most worried about DDoS threats, bot attacks, and authentication enforcement for APIs.

The clock is ticking for organizations all over the globe dealing with European personal data, to begin adopting the General Data Protection Regulation (GDPR), which requires implementation by 25 May 2018. GDPR firmly establishes privacy as a fundamental right. Enterprises face several practical challenges in implementing GDPR within a short timeframe given the wide scope of the new Regulation. To the rescue with practical guidance is the latest publication from ISACA, Implementing the General Data Protection Regulation.

The ICA Advanced Certificate in Business Compliance is being offered for the first time in Slovenia from February 2018, in partnership with the European Institute of Compliance and Ethics (EICE). The course has been designed to meet the growing demand for highly skilled and qualified compliance professionals working in financial services and other regulated sectors.