Meta has paused its work with data vendor Mercor after a security breach that may have exposed sensitive elements of how leading AI models are trained. The decision, first reported by WIRED, is open-ended. For now, the work simply stops.
Italy’s competition authority has handed Revolut more than €11 million in fines, concluding that the fintech group misled customers about its investment offering and used heavy-handed practices when restricting access to bank accounts.
New Zealand’s Co-operative Bank has been fined approximately $1.5 million (NZD $2.482 million) after the High Court found it charged customers unreasonable fees across a range of lending products over several years.
Australia’s financial intelligence agency, AUSTRAC, has ordered payment platform MHITS to appoint an external auditor to review its anti-money laundering and counter-terrorism financing (AML/CTF) controls, in a move that shows growing unease with how parts of the payments sector are managing financial crime risk.
Japan’s Financial Services Agency has published a research report examining how financial institutions can strengthen the management of third-party cybersecurity risks, commissioning Deloitte Tohmatsu Cyber to conduct the study.
Federal and state regulators have reached a settlement with Lindsay Automotive Group, forcing the dealership network to return money to consumers and change how it prices and sells vehicles after years of alleged deceptive practices.
Poland’s financial sector is becoming more digital, more interconnected, and, as a result, more exposed. That’s what the 2025 cybersecurity report says, published by CSIRT KNF, which outlines a threat landscape that is not only growing, but shifting in ways that make it harder to contain.