European Commission Proposes New Cyber Security Agency

Announcements, Crime, News | September 21, 2017 By:

The European Commission is gearing up to propose new penalties for cyber crimes involving cryptocurrencies. As part of that, the EU’s executive arm said it would create a new cyber security agency to fight back against hackers.

“The proposed directive will strengthen the ability of law enforcement authorities to tackle this form of crime by expanding the scope of the offences related to information systems to all payment transactions,

 Read more  »

SEC Chairman on Cyber Security: “There Will Be Intrusions, Including The SEC”

Announcements, News, Regulation | September 21, 2017 By:

US Securities and Exchange Commission Chairman Jay Clayton has issued a statement highlighting the importance of cyber security to the agency and market participants, and detailing the agency’s approach to cyber security as an organization and as a regulatory body. Most prominent was Clayton noting that cyber intruders may have traded on information obtained by a hack of the SEC.

 Read more  »

Telecom Giant Swisscom Establishes New Blockchain Unit

Uncategorized | September 21, 2017 By:

Swisscom, a state-owned telecommunications provider in Switzerland, has established a new subsidiary focused on blockchain.

The new blockchain unit, called “Swisscom Blockchain Ltd.,” will focus on a range of services around blockchain technology. These include enterprise-facing solutions as well as support for companies looking to launch initial coin offerings (ICOs).

 Read more  »