Data

Medical technology company Stryker was hit by a cyberattack that caused a global outage across its systems, with staff and contractors reporting that the logo of the Iran-linked hacking group Handala appeared on login pages.

U.S. banks have stepped up monitoring for potential cyberattacks as the U.S. war in Iran grinds on, while Gulf lenders face fresh questions over their preparedness for cyber activity tied to Iran-aligned hacktivists.

Stablecoin issuer Tether said it has frozen about $4.2 billion of its USDT tokens over links to “illicit activity,” with most of the freezes occurring in the past three years, as authorities worldwide intensify efforts to curb crypto-related crime.

Germany will overhaul its core federal security agencies and deploy artificial intelligence as part of a crackdown on organized crime, related money laundering, and other financial crimes, Reuters reported Wednesday. 

A hacker exploited Anthropic PBC’s Claude chatbot to help breach multiple Mexican government agencies and steal a large trove of sensitive data, including tax and voter information.

Cyber-enabled fraud is rapidly expanding in scale and sophistication as criminals exploit digital platforms, instant payments, and virtual assets to move illicit proceeds across borders, an intergovernmental watchdog said on Tuesday.  

The European Central Bank has stepped up its scrutiny of how exposed euro-area lenders are to the fast-growing artificial intelligence industry, reflecting concerns that banks may be building credit risk in hard-to-track ways and that AI could reshape parts of the financial sector.

Scanned passports and other identity documents belonging to hundreds of participants in Abu Dhabi’s flagship investment conference were exposed online via an unprotected cloud server linked to Abu Dhabi Finance Week (ADFW).

A newly formed group of businesses and organizations in Australia are set to team up to fight financial abuse as part of a new program that encourages collaboration to address major social and economic ills.

Citigroup executives are increasingly optimistic they can complete the compliance work tied to the bank’s major regulatory consent orders later this year, according to Reuters.