GRC Report Staff

16 Billion Credentials Exposed in Unprecedented Breach

Somewhere, buried in an unsecured cloud server, were 16 billion reasons to worry about your organization’s security posture. They weren’t ransomware payloads or zero-days. They were passwords. And not just a few stray credentials, 16 billion of them.

Strong Today, Uncertain Tomorrow as EIOPA Warns of Mounting Risks

Europe’s insurers and pension funds might be standing tall right now (capital buffers solid, premiums growing, and profits holding up) but the European Insurance and Occupational Pensions Authority (EIOPA) is urging them not to let their guard down. In its June 2025 Financial Stability Report, the regulator strikes a careful balance: acknowledging the sector’s resilience while pointing to a world growing less predictable by the day.

Finland’s Financial Watchdog Warns of Rising Risks Amid Geopolitical Tensions & Market Volatility

Amid signs of a fragile recovery, Finland’s financial watchdog is warning that stability could be at risk if aggressive global power politics, mounting geopolitical tensions, and a slower-than-expected economic rebound persist. While the financial system remains stable for now, the Financial Supervisory Authority (FIN-FSA) and the Bank of Finland urge increased resilience measures and macro-prudential reforms to brace for what may come.

As Crisis Fatigue Sets In, Denmark’s Central Bank Doubles Down on Climate Risk

At a time when financial leaders are juggling cyber threats, inflation worries, and geopolitical rifts, Denmark’s central bank governor Signe Krogstrup is asking them to keep one eye firmly on the horizon, because the climate risks aren’t going anywhere. Speaking at the central bank’s climate conference on June 19, Krogstrup didn’t sugarcoat the moment.

Irish DPC Report Shows Continued AI Scrutiny, Record Fines, & Public Concern Over Data Use

Ireland’s Data Protection Commission (DPC) published its 2024 Annual Report this week, offering a wide-ranging account of enforcement activity, regulatory developments, and public sentiment around data protection in a year marked by growing scrutiny of artificial intelligence and increasing cross-border responsibilities.

ABN AMRO Hit With €15 Million Fine for Bonus Breach After Ignoring Warnings

For nearly a decade, the rules were crystal clear that no bonuses for second-tier executives at state-backed banks in the Netherlands will be allowed. But ABN AMRO decided to test the limits, and now it’s paying the price.

Google’s Android Antitrust Appeal Faces Major Blow at Europe’s Top Court

Alphabet’s Google may be heading toward a fresh defeat in its years-long battle with European regulators, after an influential adviser to the EU’s top court recommended upholding a record antitrust fine tied to the tech giant’s Android mobile software.