VISTA InfoSec

JUNE 21, 2023

However, due to the nature of cybercriminal activity, it is crucial to react quickly and correctly to contain the incident, minimize any further damages, and protect your business from legal troubles. Be sure to familiarize yourself with state laws, which your legal counsel will be able to help with. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

Fintech News

AUGUST 21, 2024

Binance has already handled 63,000 law enforcement requests in 2024, up from 58,000 in the previous year, underscoring the increasing regulatory scrutiny. Despite these efforts, Binance still faces significant legal challenges, including a lawsuit from the U.S.

Compliance 130

Compliance Law Enforcement Money Laundering Agreements 130

Fintech News

MAY 29, 2024

Despite these threats, Singapore has a robust and transparent legal and enforcement framework to detect and investigate money laundering activities, pursue prosecutions, recover assets, and cooperate internationally on environmental crime issues.

Money Laundering 111

Money Laundering Crime Risk Law Enforcement 111

The Payments Association

FEBRUARY 10, 2025

This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime. Voices from the industry Businesses subject to the Failure to Prevent Fraud offence must understand their legal obligations under the new law.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

PYMNTS

MARCH 20, 2020

The chief executive of Impossible Aerospace, Spencer Gore, said that he was “working like crazy” to help other law enforcement organizations implement drone programs. . It seems a little Orwellian but this could save lives.”.

Law Enforcement 126

Law Enforcement Use Case Legal Laws 126

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. Each of these sets its own rules on handling personal information safely and legally. You need to know these laws well because they affect how you manage cybersecurity when dealing with multiple languages.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

Fintech News

MARCH 31, 2024

This amendment established a legal and regulatory framework facilitating FIs to share critical customer data, but only under strict conditions. It complements the industry’s existing close collaboration with MAS and law enforcement authorities to combat financial crime.

Financial Crimes 110

Financial Crimes Crime Money Laundering Law Enforcement 110

Fintech News

JULY 1, 2024

Security, intelligence, law enforcement, supervisory, and regulatory agencies work together to detect and respond to both existing and emerging threats. This strategy involves coordinated risk identification, robust legal frameworks, strict regulatory regimes, decisive enforcement actions, and international cooperation.

Risk Assessment 114

Risk Assessment Assessments Risk Finance 114

Fintech News

JUNE 23, 2024

Since the last assessment in 2014, Singapore has closely monitored ML risks, including those related to legal persons, virtual assets, and environmental crimes, to ensure timely risk mitigation. Other high-risk sectors include real estate, licensed trust companies, casinos, and precious metals.

Money Laundering 107

Money Laundering Risk Crime Law Enforcement 107

Innovative Payments Association

JANUARY 13, 2025

Report Suspicious Activity: If you suspect fraud, report it to your bank, payment provider, and law enforcement immediately. Educate Yourself on New Payment Systems: Familiarize yourself with how digital wallets, peer-to-peer payment apps, and other systems work. Understanding these tools reduces the risk of falling for scams.

Scams 52

Scams Law Enforcement Payments FBI 52

Fintech News

FEBRUARY 21, 2024

If violations are proven, the OJK said that it will take necessary actions, potentially collaborating with law enforcement officials. million is allocated for legal and audit fees, US$750,000 is designated for retrenchment costs, US$500,000 for credit insurance and collections expenses, and US$100,000 for rent.

Law Enforcement 117

Law Enforcement Audit Authorization Consumer Protection 117

PYMNTS

APRIL 1, 2020

In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said. The new law also requires government agencies to file regular reports regarding the use of facial recognition technology. The bill also establishes a task force to scrutinize how, when and why the technology is used.

Laws 121

Laws Law Enforcement Governance Government 121

VISTA InfoSec

SEPTEMBER 30, 2024

Now there are also other regulations other than GDPR such as the California Consumer Privacy Act (CCPA) and sector-specific laws like HIPAA in the U.S. Additionally, to note not every organization is legally required to appoint a DPO, but there are specific circumstances outlined in GDPR where it becomes mandatory.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

Now there are also other regulations other than GDPR such as the California Consumer Privacy Act (CCPA) and sector-specific laws like HIPAA in the U.S. Additionally, to note not every organization is legally required to appoint a DPO, but there are specific circumstances outlined in GDPR where it becomes mandatory.

CCPA 130

CCPA Privacy Laws Data Breach 130

PYMNTS

MAY 21, 2020

Among those ineligible for PPP loans have been SMBs that deal with legal cannabis. On one hand, The Wall Street Journal reported recently that legal marijuana businesses initially saw high demand for their wares as the pandemic hit – and thus did not necessarily need extra sources of funding. But that was then and this is now.

Legal 100

Legal Law Enforcement Laws Governance 100

CB Insights

SEPTEMBER 20, 2017

That means that by the time a person reports being drugged with GHB, it’s often too late for law enforcement officials to prove the victim was given the drug. . GHB is legally prescribed to treat sleeping disorders, but is often obtained illegally for use as a recreational “club drug” or an aid for sexual attacks.

Law Enforcement 45

Law Enforcement Laws Research Legal 45

PYMNTS

JUNE 26, 2019

The governor of Illinois signed a marijuana legalization bill on Tuesday (June 25), making it the 11th state to legalize pot. In addition, Illinois has become the first state to legalize the selling of the drug. In addition, personal growing will only be legal for medical use. Governor J.B.

Legal 41

Legal Law Enforcement Laws Regulations 41

PYMNTS

MARCH 1, 2020

The startup reportedly took advantage of its developer account so it could distribute its software to law enforcement customers and others. . The company is also looking at additional lawsuits and legal challenges from privacy advocates, CNET reported. Clearview provides its service to law enforcement and security professionals.

Law Enforcement 60

Law Enforcement AI Blocks Laws 60

Fintech News

JUNE 3, 2024

Shell companies are legal entities that exist primarily on paper, lacking significant operations or physical presence, often used to manage financial transactions without conducting substantial business activities. The firm identified over 21 million risk activities across 472 million companies as of November 2023.

Money Laundering 124

Money Laundering Financial Crimes Crime APACS 124

Finovate

JULY 3, 2024

The USMS will use Coinbase Prime to centrally manage these Class 1 digital assets to facilitate various law enforcement activities. The USMS, a federal law enforcement agency within the Department of Justice, holds multiple roles within the U.S. judicial system.

Law Enforcement 52

Law Enforcement Caps Laws Money Laundering 52

Fintech News

JULY 17, 2024

These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space. The United Arab Emirates has amended Federal Decree-Law No. (20)

Money Laundering 107

Money Laundering Law Enforcement AML Non-Bank 107

PYMNTS

DECEMBER 17, 2018

Since biometrics isn’t protected under the Fifth Amendment, law enforcement can potentially use 3D printing to legally gain access to your phone. Legally, it’s no different from using fingerprints to unlock a device,” Orin Kerr, professor at USC Gould School of Law, said via email, according to TechCrunch.

Law Enforcement 77

Law Enforcement Legal Laws Cybersecurity 77

PYMNTS

MARCH 8, 2020

If the courts decide Bitcoin is property, then law enforcement could track down thieves and return the stolen goods to their rightful owners. If a court decides a token is a security, then any token sales — like initial coin offerings (ICOs) — were illegal. is debating if Bitcoin constitutes “property” or “information.”

Bitcoin 112

Bitcoin Law Enforcement Cryptocurrency Rules 112

PYMNTS

MARCH 12, 2020

citizens, and they can be used for everything from entering bars to proving one’s identity to law enforcement. A 2017 survey found that 80 percent of drivers were in favor of DDLs, revealing that their lack of widespread implementation largely arises from complicated legal issues. Legal Issues Regarding Law Enforcement.

Law Enforcement 52

Law Enforcement Credential Laws Privacy 52

VISTA InfoSec

OCTOBER 21, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. Each of these sets its own rules on handling personal information safely and legally. You need to know these laws well because they affect how you manage cybersecurity when dealing with multiple languages.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

PYMNTS

MARCH 10, 2020

Instead, several states including Colorado and Louisiana are turning to digital driver’s licenses (DDLs), although lingering questions regarding interactions with law enforcement are preventing most of the country from joining the trend. About the Tracker.

Contactless Payments 109

Contactless Payments Authentication Law Enforcement Cross-Border 109

PYMNTS

OCTOBER 8, 2018

The individual responsible for this incident has been terminated from their position, and we are supporting law enforcement in their prosecution,” an Amazon spokeswoman said in a statement. In addition, the seller who received the email addresses was blocked from selling on Amazon.

Addressing 77

Addressing Law Enforcement SWIFT Blocks 77

PYMNTS

FEBRUARY 19, 2019

Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new business would play out. Still, even after all these months, and even with legalization done at a federal scale (as opposed to province by province), the cannabis payments process has hardly hit a full stride.

Legal 71

Legal Payments Push-to-Card Law Enforcement 71

PYMNTS

MAY 14, 2019

That project, however, was abandoned due to legal concerns. While the FBI wanted to pursue a criminal case, Equifax pulled back due to worries about legal exposure and how difficult the investigation could become. law enforcement authorities and cooperated with the federal agencies.”.

Compromise 65

Compromise Accounts FBI Law Enforcement 65

PYMNTS

OCTOBER 17, 2016

“There is a gray area … Banks are, in general, fulfilling their legal obligations, but there is also a moral requirement to warn customers of potential losses and to share information with the industry,” Ryan Rubin, U.K. In the U.S., managing director of security and privacy at Protiviti told Reuters.

Law Enforcement 71

Law Enforcement Authorization Crime Cybersecurity 71

PYMNTS

AUGUST 1, 2019

Amazon does not disclose customer information in response to government demands unless we’re required to do so to comply with a legally valid and binding order,” the company said. Amazon released a transparency report on its website on Wednesday (July 31), and it said that for the first six months of the year, the U.S.

Law Enforcement 43

Law Enforcement Encryption Laws Legal 43

PYMNTS

NOVEMBER 11, 2020

Essentially, the new rules update the old antimonopoly laws which were passed in 2008. For example, the definition of “relative market” means that companies in a “dominant position” if they control more than 50 percent of the market would come under the new regulations.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

NOVEMBER 20, 2019

The company said the requests, largely from law enforcement authorities, pose a challenge. . Uber also said that despite the rise in requests from law enforcement, it “has not received a national security request.” . The company’s compliance rate was higher that year, at 73 percent. regulators and 1.8

Law Enforcement 46

Law Enforcement Privacy Laws Governance 46

BioCatch

NOVEMBER 25, 2024

BioCatch recently partnered with the Knoble , a nonprofit organization focused on preventing financial and human crime, as well as thought leaders and experts in the banking, law enforcement, and legal community on an information sharing initiative.

Financial Crimes 40

Financial Crimes Crime Law Enforcement Legal 40

The Fintech Times

SEPTEMBER 30, 2024

UK law enforcement, in particular, faces challenges in tackling fraudsters based overseas due to geographical and legal constraints. International cooperation The report emphasises the global nature of fraud, with criminal networks often operating across borders, making it difficult for individual nations to respond effectively.

Law Enforcement 59

Law Enforcement Cross-Border Fraud Prevention Crime 59

PYMNTS

FEBRUARY 13, 2019

Gig workers themselves face legal risks as a result, too, according to an Uber spokesperson. It’s serious legal liability for the driver.” law enforcement led to 13 arrests in New York in 2017. “What they don’t realize is it’s not just defrauding Uber or our platform; it’s wire fraud.

Money Laundering 64

Money Laundering AML Economy SWIFT 64

The Fintech Times

APRIL 3, 2024

“It complements the industry’s existing close collaboration with MAS and law enforcement authorities to combat financial crime. This will strengthen Singapore’s capabilities to uphold our reputation as a well-regulated and trusted financial centre.”

Financial Crimes 59

Financial Crimes Crime Money Laundering Law Enforcement 59