Hijacking and information technology incidents reported to the Department of Health and Human Services’ Office for Civil Rights among covered entities and business associates have increased by 843% between 2015 and last year, says the U.S. Government Accountability Office in a report issued Monday. The report said there were a total of 1,781 incidents during … Read more
(Bloomberg) — Bitcoin fell below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. Most Read from Bloomberg Bitcoin fell as much as 6% to $19,377.08 at 2:54 pm Hong Kong on Saturday. The largest token by market … Read more
Breadcrumb Trail Links PMN Business Kenya’s success in ramping up renewable energy has been marred by violations of the rights of the communities hosting some of the projects, according to a Business & Human Rights Resource Centre report. Author of the article: Bloomberg News Antony Sguazzin and David Herbling Publishing date: Jun 14, 2022 • … Read more
NEW DELHI – The rupee slumped to an all-time low against the US dollar on Monday as a higher-than-expected inflation reading in the world’s largest economy stoked speculation of aggressive rate hikes by the Federal Reserve, leading to global strength in the greenback. The partially convertible rupee weakened past the 78/$1 mark for the first … Read more
Breadcrumb Trail Links Innovation FP Investor Musk believes Twitter is ‘actively resisting’ and ‘thwarting his information rights’ by refusing to disclose the information Author of the article: Bloomberg News Molly Schuetz An image of Elon Musk is seen on smartphone placed on printed Twitter logos. Photo by Dado Ruvic/Reuters illustration Article content Elon Musk said … Read more
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with breaching the $1 trillion trading volume mark. Terra remained … Read more
The Metropolitan police has issued another 50 fines to government officials as part of its inquiry into coronavirus rule-breaking in Downing Street and Whitehall during the pandemic. London’s police force is investigating a dozen gatherings that took place in Westminster between 2020 and 2021 when Covid restrictions were in place, including 10 events at Downing … Read more
An Australian court ordered Westpac Banking Corp. to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across its businesses, after hearing the last of the six cases filed against it by the country’s corporate watchdog. The Federal Court fined Westpac A$40 million for one of the six cases, related to charging advice … Read more
In the past month, a number of mortgage firms have disclosed cyberattacks affecting a combined hundreds of thousands of customers, amid reports of rising industry fraud risk. Lender American Financial Resources reported a data breach affecting 216,645 borrowers in March, according to a disclosure with the Indiana Attorney General’s Office. The Parsippany, New Jersey-based company … Read more