Following its failures related to collapsed payments company Wirecard, EY, an accounting firm, has been prohibited from accepting new auditing clients who are "of public interest" in Germany for two years.
Source: Themis
Themis has announced the release of its innovative supply chain risk assessment tool, which allows companies to map out high risk geographies and sectors and possible touch points from financial crimes including modern slavery and human trafficking, drugs, wildlife and arms and trafficking, bribery and corruption, fraud, money laundering and terrorist financing.
Source: Kroll
EverC, a pioneer in AI-driven merchant and marketplace risk intelligence and insights for ecommerce and payment providers, recently announced a new investment by the & Opportunity Fund and strategic partnership with Kroll, the leading independent provider of risk and financial advisory solutions.
The US Commodity Futures and Trading Commission (CFTC) has filed a complaint against Binance, its CEO Changpeng Zhao, and three entities that operate the Binance platform, alleging multiple violations of the Commodity Exchange Act (CEA) and CFTC regulations.
Consumer lender Latitude Financial has disclosed a major data breach that resulted in the theft of 14 million customer records, including personal information, drivers licenses, passports, and financial statements.
The Wisconsin court system's computer network was recently targeted by hackers, according to court officials who made a statement on Thursday.
The trade association CryptoUK has expressed concern to the UK government about recent actions by banks to restrict cryptocurrency purchases.
According to a recent report by Huntress, 99% of businesses in the United States and Canada are mid-sized businesses facing cybersecurity challenges. The report reveals that mid-sized businesses are struggling to implement basic cybersecurity measures, including incident response plans, security awareness training, and cyber insurance coverage.
