G7 Cyber Expert Group Recommends Action to Combat Financial Sector Risks from Quantum Computing
US Department of the Treasury
WASHINGTON – The G7 Cyber Expert Group (CEG) - chaired by the U.S. Department of the Treasury and the Bank of England - released a public statement today highlighting the potential cybersecurity risks associated with developments in quantum computing and recommending steps for financial authorities and institutions to take to address those risks.
Great interest in artificial intelligence in the financial sector
The Danish Financial Supervisory Authority
The Danish Financial Supervisory Authority has uncovered how and to what extent the financial companies use artificial intelligence in their business. The conclusions are that the financial sector is in full swing using AI, including generative AI, and that the development will continue in the coming years.
With artificial intelligence (AI), many activities and business processes can be carried out faster, better or cheaper than before. Therefore, many companies are testing the possibilities of the technology. This also applies to financial companies.
Romania: Searches in EPPO investigation involving public officials of Maramureș County
European Public Prosecutor's Office
(Luxembourg, 25 September 2024) – Today, the European Public Prosecutor’s Office (EPPO) in Cluj-Napoca (Romania), is conducting searches at the premises of the Maramureș County and 14 private residences of some of its officials. The searches are happening in the wake of an ongoing investigation into possible procurement fraud, forgery of documents and abuse of office linked to renovation works of a public administration building.