Search Results for: cybersecurity
Canada’s first registration of an investment fund manager dedicated to cryptocurrency investments
September 8th, 2017
The British Columbia Securities Commission (BCSC) announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt ...
Slow growth for law firms in 2017
August 21st, 2017
Law firms are set for bigger expenses and slower growth in 2017, according to Citibank’s quarterly report. Figures for law firms will feature margin compression, low-single-digit growth in revenue and profits and continued dispersion and volatility in performance by ...
Cramer says it’s possible bitcoin could reach $1 million one day
June 8th, 2017
European banks are frantically trying to buy bitcoin so they can pay off ransomware, Jim Cramer says. “It’s a short-term way to be able to deal with cybersecurity,” he says. Cramer says it’s possible Bitcoin could reach $1 million ...
China launches controversial cyber security law
June 1st, 2017
China is to implement its controversial cyber security law this week despite foreign firms warning about its impact on their ability to do business there. The law is largely aimed at protecting China’s networks and private user information. However, ...
Bitcoin plunges $200 after cyber attackers demand ransom using the digital currency
May 16th, 2017
Bitcoin fell from a record high after Friday’s WannaCry cyberattack. The digital currency hit an all-time high of $1,848.75 Thursday and on Monday traded near $1,676.42. Analysts also pointed to increased Chinese selling. Bitcoin plunged from a record high ...
SFC consults on proposals to reduce hacking risks in internet trading
May 9th, 2017
The Securities and Futures Commission (SFC) today launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading (Note 1). The proposals incorporate new guidelines (Note 2) which set out baseline cybersecurity requirements for ...
Jay Clayton Sworn in as Chairman of SEC
May 5th, 2017
Jay Clayton was sworn into office this afternoon by U.S. Supreme Court Justice Anthony M. Kennedy as the 32nd Chairman of the Securities and Exchange Commission. “It is a tremendous honor to lead the SEC and to be sworn in ...
The financial services industry is in top of cybercrime attacks
April 27th, 2017
Cyberespionage and ransomware attacks are on the increase warns the Verizon 2017 Data Breach Investigations Report Cyberespionage is now the most common type of attack seen in manufacturing, the public sector and now education, warns the Verizon 2017 Data ...
Law Firms Woo London’s Fintech Scene
March 8th, 2017
Top law firms are reaching out to London fintech companies in a bid to develop relationships that could be profitable in the future. International law firms Slaughter and May and Simmons & Simmons, both with headquarters in London, are ...
FXCM informs about the impact of U.S. exit
February 13th, 2017
Following the news from last week about the FXCM penalty imposed by CFTC, the withdrawal of its business from U.S. and selling its clients to Gain Capital, FXCM has issued an update report to inform about the impact of ...
