DHS Says SEC Computers Have Five Critical Cyber Security Weaknesses
DHS Says SEC Computers Have Five Critical Cyber Security Weaknesses
September 22, 2017  |  Security & Fraud

It turns out even the Securities and Exchange Commission’s (SEC) computers aren’t super secure, even following a breach last year, according to a report in...

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Equifax CEO To Explain Leak To Congress
Equifax CEO To Explain Leak To Congress
September 22, 2017  |  Security & Fraud

Members of Congress are getting ready to grill Equifax CEO Richard Smith, who is set to testify about his company’s massive data breach that impacted...

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Wells Fargo CEO To Appear Before Congress
Wells Fargo CEO To Appear Before Congress
September 22, 2017  |  Security & Fraud

Wells Fargo, the embattled bank, will have its Chief Executive Tim Sloan testify in front of Congress early next month. Get the Full Story Complete...

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SEC Reveals EDGAR Database Was Hacked
SEC Reveals EDGAR Database Was Hacked
September 22, 2017  |  Security & Fraud

The U.S. Securities and Exchange Commission faced criticism Thursday (Sept. 21) over its cybersecurity practices and disclosures after it revealed its EDGAR database for corporate...

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FTC Fines Mobile App Pact For Charging Customers Who Met Exercise Goals
FTC Fines Mobile App Pact For Charging Customers Who Met Exercise Goals
September 22, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Thursday (Sept. 21) it had settled with mobile app company Pact which promised cash incentives to consumers who committed...

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Alt Lending Start Up Cashes In Another $39M
Alt Lending Start Up Cashes In Another $39M
September 22, 2017  |  Startups

Alternative lending startup Activehours has raised another $39 million in financing, bringing its total raise to nearly $65 million since its 2013 launch. Get the...

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American Banks Blocked From Doing Business With North Korea
American Banks Blocked From Doing Business With North Korea
September 22, 2017  |  Bank Regulation

A new sanctions order bans banks doing business in North Korea to also operate in the United States. Reuters reported that the new international finance order...

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CTFC Cracks Down On Alleged Bitcoin Ponzi Scheme
CTFC Cracks Down On Alleged Bitcoin Ponzi Scheme
September 22, 2017  |  Security & Fraud

The U.S. Commodity Futures Trading Commission announced it has filed civil fraud charges against a New York man and his company over an alleged bitcoin...

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ECB Could Require Fintechs To Have More Liquidity, Capital Buffers
ECB Could Require Fintechs To Have More Liquidity, Capital Buffers
September 22, 2017  |  Digital Banking

The European Central Bank (ECB) may start requiring bank startups that want to enter the FinTech zone to have more liquidity and capital buffers. Get...

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