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LATEST: Ex-cybersecurity staff allegedly became criminal hackers and stole $1.3m

Premium November 5, 2025
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NEWS: Deutsche Bank informs regulators about potential sanctions breaches following review by lender’s compliance task force

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ANALYSIS: Is AMLA fit for purpose in the face of deregulation, putting extra burdens on business as security challenges mount?

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NEWS: Norway’s supervisor finds ‘serious deficiencies’ in Svenska Handelsbanken’s AML processes

By PAUL O’DONOGHUE, Senior Correspondent

THREE cybersecurity professionals allegedly carried out their own ransomware attacks to extort millions of dollars from victims across the U.S., according to court filings.

Prosecutors said Ryan Clifford Goldberg, a former incident response supervisor at Sygnia Consulting, and Kevin Tyler Martin, a ransomware negotiator for DigitalMint, allegedly worked together to hack five businesses starting in May 2023.

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Premium

NEWS: Deutsche Bank informs regulators about potential sanctions breaches following review by lender’s compliance task force

 Premium

ANALYSIS: Is AMLA fit for purpose in the face of deregulation, putting extra burdens on business as security challenges mount?

 Premium

NEWS: Norway’s supervisor finds ‘serious deficiencies’ in Svenska Handelsbanken’s AML processes

Regulatory Watch News

  • Issuance of Russia-related General License

    OFAC

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 134B, "Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Russian Federation Origin Loaded on Vessels as of April 17, 2026."

  • JCO VAPE: OLAF and international customs authorities crack down on illegal trade in e-cigarettes

    OLAF

    The European Anti-Fraud Office (OLAF), together with customs authorities from 30 countries, has successfully carried out a large-scale operation targeting the illicit trade in e-cigarettes and heated tobacco products. The Joint Customs Operation, (JCO) VAPE resulted in the seizure of over 94 million pieces and over 2,500 kg/l of tobacco products, e-cigarettes, devices, and related goods. This operation (which ran from 14 November to 15 December 2025) marks the first EU and international Joint Customs Operation specifically focused on this rapidly growing commodity. Its results clearly demonstrate both the effectiveness and the necessity of coordinated cross-border action to tackle an increasingly complex and evolving form of fraud.

  • Scam alert related to banks

    HKMA

    The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press release issued by the bank listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website.  

           Bank        Type of Scam
    The Hongkong and Shanghai Banking Corporation Limited Phishing instant messages
     

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