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Recent Editions
Risk Channel
North America
The FBI is investigating a breach of its jobs website, FBIjobs.gov, which has reportedly exposed "very sensitive data" on nearly all FBI agents and job applicants, including granular detail about officials' job assignments, such as sensitive work against Chinese spies, Russian intelligence, drug cartels, and more. The hacker group ShinyHunters has claimed responsibility for the breach. The FBI said the hacker group had “compromised very sensitive data on almost ALL FBI Agents and individuals who filed an application with the FBI for a job.” The website, which remained offline Wednesday, is the main portal for prospective employees to learn about the FBI and initiate the application process.
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Risk Channel
UK/Europe
Swiss lawmakers have rejected a key compromise proposal to dilute new capital requirements for UBS. Switzerland's upper house of parliament voted in favour of tougher capital rules that the Zurich-based lender estimates could require it to hold about $18bn in additional capital. Lawmakers supported a proposal that would require the Zurich-based lender to back its foreign units with 90% Common Equity Tier 1 capital. UBS had favoured a proposal that would allow the bank to use 50% CET1 capital and 50% Additional Tier 1 (AT1) capital, which is cheaper to hold. It said the decision would result in an excessive tightening of Swiss capital requirements if confirmed at the conclusion of the parliamentary process.
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