Tag: Measures

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Posted in Crypto Update

Banking Execs Must ‘Wake Up’ as Security Measures Fail to Keep Up With Biometric Fraud

Biometric-based fraud is the largest threat currently facing financial service providers, Michael Marcotte, co-founder of the National…

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Posted in Crypto Update

UK Government Unveils New AI Cybersecurity Measures as ICO Details Importance of Data Protection

In a move to bolster cybersecurity and protections for AI models against hacking and sabotage, the UK…

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Posted in Crypto Update

Taiwan proposes tougher AML measures for crypto service providers

Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that…

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Posted in Crypto Update

Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation

Crypto exchange Gemini newly announced measures to comply with the controversial crypto Travel Rule in the United…

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Posted in Crypto Update

FTX bolsters claims portal security measures following cyber breach

Bankrupt cryptocurrency exchange FTX has restored its customer claims portal, which was previously shut down due to…

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Posted in Crypto Update

The Sandbox implements KYC measures for protocol staking

Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to…

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Posted in Crypto Update

Ahead of DORA Deadline, Insurance Firms Must Fix Cybersecurity Measures as 1 in 4 Have a ‘C’ Rating

As a measure to enhance the overall digital operational resilience of the EU financial sector, in late…