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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. However, he noted that the move could negatively impact morale at DHS.

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Leader Of Russian Cybercrime Ring Pleads Guilty

PYMNTS

In April, a joint study by the U.S. Cybersecurity and Infrastructure Security Agency and Britain’s National Cyber Security Centre found a wave of cyberattacks taking advantage of COVID-19 in the U.S. and the United Kingdom. In fact, they are malware seeking to steal peoples’ information, the survey said.

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State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn

PYMNTS

According to a joint study published Wednesday (April 8) by the U.S. As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report.

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Cyberattacks Have Hit Majority Of Big UK Businesses

PYMNTS

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. In many cases, stated the study, millions of British pounds. Also, a new National Cyber Security Center will be established to help support businesses. Roughly two-thirds of large businesses in the U.K.

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TRENDING: Putting IT Professionals Through Cyberattack Boot Camp

PYMNTS

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. The Department of Homeland Security observes October as National Cyber Security Awareness Month.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

The country takes privacy, particularly financial privacy, seriously, passing its Cyber Security Law in 2016, followed by the Personal Information Security Specifications in 2018 and the MLPS 2.0 Confronting the Chinese Privacy Myth .

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M-Pesa open API part of wider payments progress

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In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council.