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Trending: AI POSING SIGNIFICANT CYBER CRIME THREATS

As the 2020’s continue to unfold, the role of artificial intelligence (AI) has become further cemented in the financial realm. New technologies are impacting financial service providers, as well as consumers, in a multitude of ways. Across the financial sector, applications providing new insights for firms with respect to data retrieval and analytics, performance measurements, […]

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OFAC Continues Ukraine-Russia Sanctions Crusade with Penalty Against American Insurance Firm

As we approach the two-year anniversary of Russia’s unprovoked invasion of Ukraine, the effects of the military conflict continue reverberate on the global financial system. Economic sanctions levied by dozens of major powers around the world have rained down on Russia and Crimea in wake of the onset of the Russo-Ukrainian war, creating a uniquely […]

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2024 NDAA Boosts Bribery Prosecution Powers, Cybersecurity

In recent years, several groundbreaking changes to U.S. domestic and foreign policy initiatives have been brought about as annual provisions of the National Defense Authorization Act (NDAA). With the 2024 iteration of the bill passing through Congress and ultimately signed into law by President Biden in late December, the NDAA has continued its attempts to […]

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U.S. Watchdog Issues Terror Finance Alert as Treasury Wages Sanctions Onslaught on Hamas

In wake of the ongoing turmoil developing abroad, the United States government officially enacted its intervention strategy against the radical Hamas militant organization. While the U.S. Treasury Department and many of its counterparts already had long-standing sanctions in place barring the extremist group from the international banking system, the group was discovered to have been […]

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Crypto Going Mainstream? Big Banks Believe So

The booming cryptocurrency market has become the talk of the United States and the better part of the world since the start of 2021. No longer viewed as long-shot, speculative assets that provide

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U.S. Sanctions War Escalates Amid Maduro Indictment

Not satisfied with the degree of progress seen with regards to foreign policy initiatives with Venezuela to date, President Trump has opted for a new angle that he hopes will see greater results in

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As Inflation Rates Stagnate, Financial Crime Continues to Grow

The global inflation crisis has had a considerable impact on the average citizen both domestically and abroad over the better part of the past two years. Despite the obvious related consequences

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Afghan Financial Intel Unit Taken Offline by Taliban; What’s Next?

The poorly planned and executed departure of the United States military presence from Afghanistan under the Biden administration has at least in part contributed to the Middle Eastern

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Enforcement Actions Continue Against Crypto-Sector, Binance Sued

The United States government is continuing to ramp up its crackdown on illegal cryptocurrency activity, this as yet another prominent exchange comes under fire after a string

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Crypto-Centric Ransomware Presenting New Compliance Challenges Globally

2022 was a landmark year for ransomware attacks on major businesses and government agencies both domestically and abroad, with the prevalence of high-profile attacks continuing to rise

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