This article was originally posted in Spectator USA Monday’s Supreme Court decision in Bostock v. Clayton County was massively significant for two reasons. As a legal matter, the ruling determined that the prohibition on ‘sex discrimination’ in the Civil Rights Act of 1964 makes it illegal to fire an employee on the basis of sexual orientation or gender identity. As...
Global banking giants JPMorgan Chase and Goldman Sachs are joining a Republican-backed group pushing for Congress to pass a carbon tax. The banks join a wide array of businesses in endorsing a carbon tax proposed by the Climate Leadership Council, a group led by former Republican Secretaries of State James Baker III and George Shultz. Oil and gas giants BP, Shell...
Key takeaways It’s important to stay safe when doing mobile banking, in a world where online hacking and identity theft are commonplace. Consumers can help avoid becoming a victim of financial crimes by educating themselves on cyberattacks such as malware and fake banking apps. For additional security, take advantage of safeguards from your bank, including mobile...
A global cyber-intelligence group for financial institutions has launched an information-sharing campaign to help members combat a surge in cyberattacks on the digital supply chain. The Financial Services Information Sharing and Analysis Center plans to share data and strategies on cyber threats with its members and the firms that host, connect and protect much of...
CNN — A ransomware attack on a US unit of the powerful Industrial and Commercial Bank of China that may have contributed to a brief market sell-off on Thursday was a significant escalation for cybercriminals that underscored how big hacks can disrupt business for even the best-resourced companies, experts told CNN. The incident immediately sparked concern among...
Tabletop exercises help bank leaders prep for cybersecurity risks. By Khalil Garriott As technological benefits in banking evolve at a breakneck speed — far more customers prefer mobile banking than in-branch transactions, for example — myriad challenges have arisen in parallel. A top priority for financial institutions is preparing for cybersecurity threats to their...