Lawmakers push for continued oversight of IRS data security

(Dec 3, 2021) In a letter to Internal Revenue Service Commissioner Charles Rettig, U.S. Sens. Chuck Grassley, R-Iowa, and Mike Crapo, R-Idaho, with Republican members of t... Read More

The EU’s anti-money laundering regulation

(Dec 2, 2021) The European Union’s fourth anti-money laundering directive has gone six years without specifics on how entities should apply data protection safeguards. In ... Read More

Privacy in M&A transactions: The playbook

(Dec 2, 2021) The concepts behind mergers and acquisitions are not new, but teams focused on them may lack well-established precedents for approaching privacy risks that a... Read More

Lawmakers urge financial regulators to ensure algorithmic bias does not occur

(Nov 30, 2021) In a letter, U.S. Reps. Maxine Waters, D-Calif., and Bill Foster, D-Ill., urged financial regulators to ensure algorithmic bias does not occur in emerging te... Read More

Data protection and the EU's anti-money laundering regulation

(Nov 23, 2021) Editor's note: This is the first article in a two-part series on the European Union's anti-money laundering regulation. In 2015, the Europea... Read More

OAIC audit: Banking institutions have ‘good privacy practices in place’

(Nov 23, 2021) The Office of the Australian Information Commissioner’s first audit of privacy practices of the big four banks found the institutions handle consumer data “i... Read More

Federal currency bureau finalizes incident reporting rule

(Nov 19, 2021) The U.S. Department of the Treasury's Office of the Comptroller of the Currency announced approval of final rulemaking for improving cyber incident reporting... Read More

Privacy issues hinder potential central bank digital currencies

(Nov 17, 2021) Roll Call reports on the privacy pitfalls associated with a potential central bank digital currency scheme. Chief among the concerns being raised is how to p... Read More

Trading app breach included thousands of phone numbers

(Nov 17, 2021) In addition to email addresses, full names and other sensitive information, a data breach that Read More

Bitcoin update improves transaction privacy, security

(Nov 15, 2021) An update to Bitcoin’s network improves privacy and security for complicated transactions, Engadget reports. The “Taproot” code upgrade, the first to Bitcoin... Read More