Russian hackers in late 2014 stole Yahoo’s “crown jewels”, hundreds of millions of usernames, emails, phone numbers, birthdays, passwords, and security questions. Last week, the company in its entirety agreed to pay $35 million in SEC fines for failing to disclose the breach for over two years, filing quarterly and annual reports with the commission without mentioning the data breaches.
Over $4 billion set aside for the fake account and MBS issues post-crisis, another billion today in fines for issues around mortgages, loans and risk compliance, and the Fed putting a limit on growth with a balance sheet cap.
It looks like the EU will hold off on AIFMD third-country passport extensions until Brexit develops a clearer path.
Below are a few interesting data points from the Ponemon Institute 2017 Cost of Cyber Crime Study, jointly…
The SEC officially named Pete Driscoll the Director of the agency’s Office of Compliance Inspections and Examinations…
Following a consultation with the European authorities, the SEC issued three no-action letters that deal with access…
PWC in its latest Asset & Wealth Management Industry whitepaper predicts assets to go from $85T to…
BlackRock highlights technology as a growth driver and with Aladdin generated $595 million in revenue from 180…
The Compliance Strategy Institute (CSI) last month held Executive roundtables both in London and Paris, with specific…
The Department of the Treasure threw down the gauntlet with “the executive branch’s plan to promote vibrant…
