BRICS Expansion: Reshaping Global Economic Power
The expansion of BRICS, with Indonesia joining and potential inclusion of Thailand and Malaysia, signifies a shift in global economic power. The bloc already...
Operational Risk
Flagstar Bank, a major financial institution in Michigan, has been fined $35 million by the Consumer Financial Protection Bureau (CFPB) for mishandling a significant...
Deutsche Bank has been fined $4 million by the U.S. Securities and Exchange Commission (SEC) for failing to report suspicious transactions on time. The...
ECB Banking Supervision Priorities for 2025-2027: A Focus on Resilience and Digital Transformation The European Central Bank (ECB) has outlined its supervisory priorities for...
Deutsche Bank is developing a layer-2 (L2) blockchain network on Ethereum using ZKsync technology. This project is part of a larger initiative called Dama...
In a shocking revelation, global commodities trading powerhouse Trafigura Group is grappling with a potential $1.1 billion loss due to suspected fraud in its...
Geopolitical
The expansion of BRICS, with Indonesia joining and potential inclusion of Thailand and Malaysia, signifies a
The 16th annual BRICS Summit, held in Kazan, Russia, brought together the member nations of Brazil,
In response to a massive cyberattack attributed to a Chinese government-backed group known as Salt Typhoon,
Rosneft, a Russian state-owned oil firm, signed a $13 billion (£10 billion) per year deal to
Azerbaijan’s Bid for BRICS Membership Azerbaijan’s interest in joining the BRICS summit highlights its strategic effort
Cyber / Technology
A recent study has uncovered a concerning phenomenon in large language models (LLMs): narrowly fine-tuning an
Understanding the Arnold Clark Ransomware Attack: A Detailed Look at Actions and Implications In December 2022,
The National Institute of Standards and Technology (NIST) has announced a proposal to extend the Advanced
The United States is revising its cybersecurity rules due to a surge in major healthcare data
In a stunning revelation, the FBI has identified a North Korean hacker group behind the theft
As we approach 2025, businesses face a growing number of risks that could shape the future
Artificial Intelligence (AI) is increasingly playing a crucial role in climate action, offering new tools that
The European Union’s new Corporate Sustainability Reporting Directive (CSRD) is about to change how businesses report
Hong Kong has launched a new roadmap for sustainability reporting, marking a significant move toward greater
Artificial intelligence (AI) is rapidly transforming numerous industries, and the intelligence community is no exception. The
Emerging Risk
ECB Banking Supervision Priorities for 2025-2027: A Focus on Resilience and Digital Transformation The European Central Bank (ECB) has outlined its supervisory priorities for...
The CrowdStrike outage in July 2024 revealed important lessons for firms on improving operational resilience. With the rise of third-party incidents, this disruption highlighted...