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Recent Editions
Risk Channel
North America
Senate Intelligence Committee Vice Chairman Mark Warner (D-VA) has said Chinese intelligence is continuing a massive hack of U.S. telecom networks in a cyber campaign that allows it to access the communications of almost every American. Warner told reporters that he still gets “conflicting” assessments from various intelligence agencies on whether the China-linked hacking group known as Salt Typhoon can still access the data from nine of the largest U.S. telecommunication companies. “I believe they’re still inside. Some parts of our government think we’ve got them out. They have not shown us,” Warner said. “I had conflicting information.”
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Risk Channel
UK/Europe
The UK Treasury has announced new legislation requiring crypto firms to adhere to standards set by the Financial Conduct Authority (FCA) starting in 2027. The move aims to regulate cryptocurrencies like Bitcoin similarly to traditional financial products, enhancing consumer protection. Rachel Reeves, the Chancellor, said: "Bringing crypto into the regulatory perimeter is a crucial step in securing the UK's position as a world-leading financial centre in the digital age." The new rules will improve transparency and help detect suspicious activities within the crypto market. City minister Lucy Rigby added: "We want the UK to be at the top of the list for cryptoassets firms looking to grow and these new rules will give firms the clarity and consistency they need to plan for the long term."
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