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Leaked Documents Show UN Facial ID Tenets Framed By China

PYMNTS

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. 1), citing leaked documents. . Standards established in the ITU are often used as doctrine by emerging nations. No other company comes close.

National 144
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Punjab National Bank Discovers Second Defrauder

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Punjab National Bank revealed that it had been defrauded $556 million from a struggling borrower, Bhushan Power & Steel, according to a report by The Wall Street Journal. Punjab National Bank filed complaints with the Reserve Bank of India as well as the police after discovering Bhushan’s involvement with the loan money.

National 100
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Estonia Shelves Plans For National Cryptocurrency

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Estonia has shelved plans to develop its own national cryptocurrency after the idea prompted criticism by banking authorities and Mario Draghi, the Italian economist and president of the European Central Bank. billion in securities from Russia were processed through the Estonian financial system. In 2012, more than €7.3

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UN Rule Mandates Connected Cars Be Secured Against Cyberattacks

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A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be protected against cyberattacks, The Wall Street Journal (WSJ) reported. And while the U.S. Many global auto makers already implement protections against cyberattacks.

Security 146
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US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

PYMNTS

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. Digital identity apps are quickly becoming ubiquitous as replacements or supplements to physical identity documents in many countries. Developments From Around The World Of Digital ID.

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Qatar National Bank Reportedly Breached

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Qatar National Bank (QNB) is looking into allegations that the names and passwords of many of its customers were compromised, Reuters reported on Wednesday (April 27). GB of leaked documents disclosed some customers’ bank information, telephone numbers and dates of birth. “The The Doha News website reported that 1.5

National 100
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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. ” A memo included with the subcommittee’s documents also pointed to the U.S.

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