Europe's financial regulators have signalled that AI-driven cyber threats now warrant supervisory attention in their own right. On 7 July 2026, the European Supervisory Authorities (ESAs) — the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) — publicly backed a warning from the European Systemic Risk Board (ESRB) that frontier AI models pose systemic cyber risks to th

LOGZONE Inc, a Huntsville, Alabama-based defence contractor, has agreed to pay $507,144 to resolve liability under the False Claims Act (FCA) arising from its failure to meet cybersecurity requirements on contracts with the Department of the Navy. The settlement concerns allegations that LOGZONE knowingly submitted false or fraudulent claims for payment on two Navy contracts despite not complying with the contracts' cybersecurity obligations. Between May 2021 and March 2025,

The Justice Department has announced a major international law enforcement operation against the BlackSuit (Royal) ransomware group,...

In a major crackdown on digital asset crime, the United States Department of Justice (DoJ) has filed a civil forfeiture complaint to...

Defence contractors Raytheon Company, RTX Corporation and Nightwing Group LLC have agreed to pay $8.4 million to settle allegations of...

US Treasury Proposes Action to Cut Off $4 Billion Money Laundering Operation Linked to DPRK and Southeast Asian Criminal Syndicates In a...

The introduction of Digital Identities (DIDs) in the UK is poised to transform financial crime prevention, AML compliance, fraud...

Nemesis Market Linked to Over 400,000 Illicit Transactions and $30 Million in Drug Sales A federal grand jury in the United States has...

Organised crime business models vary greatly across the world, shaped by differences in economic conditions, cultural norms, law...

In a powerful demonstration of international law enforcement cooperation, the United States has secured the extradition of ten fugitives...

The European Supervisory Authorities (EBA, EIOPA and ESMA) have jointly issued a stark warning to the financial sector, highlighting the...

Cryptocurrency has come a long way since Bitcoin’s inception in 2009. Once hailed as a revolutionary financial technology, it quickly...