Raytheon and its former subsidiary, Nightwing Group, have reached an $8.4 million settlement to resolve allegations tied to cybersecurity lapses in contracts with the U.S. Department of Defense (DoD). This settlement, while hefty, speaks volumes about the importance of cybersecurity in defense contracting and the government’s commitment to keeping sensitive information safe from cyber threats.
The Dutch Authority for the Financial Markets (AFM) kicked off May 2025 with an important update on their priorities for sustainable finance. As consumers increasingly demand financial products that align with their values, the AFM has issued clear guidance on how financial institutions can meet this new wave of demand. But while progress has been made, the AFM is urging financial firms to do even more—and they’re not holding back on their expectations.
The world is shifting beneath our feet. From the rising tension between global powers to the rapidly evolving tech landscape, businesses are facing geopolitical risks that feel more real and immediate than ever. These risks no longer sit in the background of boardroom discussions; they’re at the forefront, shaping strategic decisions on a daily basis.
The European Insurance and Occupational Pensions Authority (EIOPA) has released its April 2025 risk dashboards, providing us with a snapshot of the current state of the European insurance and pension sectors. While the data paints a picture of stability overall, the outlook is far from simple. Geopolitical tensions, market volatility, and macroeconomic challenges continue to hover over the industry, creating an air of cautious optimism laced with uncertainty.
The Personal Information Protection Commission (PIPC) has taken a closer look at Hangzhou DeepSeek Artificial Intelligence (DeepSeek), a company that’s been under scrutiny ever since its R1 Large Language Model (LLM) AI chatbot launched earlier this year. What started as a routine review into the privacy practices of DeepSeek’s services has resulted in a series of recommendations that are shaking up how the company handles user data and cross-border transfers.e
The world of crypto is evolving at a high speed, but with growth comes a pressing need to make sure bad actors don’t exploit the system. Enter the European Securities and Markets Authority (ESMA), which just issued fresh guidelines aimed at preventing market abuse under the EU’s Market in Crypto Assets Regulation (MiCA).
After years of legal battles, Sutter Health has agreed to pay $228 million to settle a class action lawsuit that accused the health system of artificially inflating insurance premiums and limiting consumer choice in Northern California. The settlement marks a significant chapter in a case that’s been ongoing since 2012, with implications not only for Sutter but also for the broader healthcare landscape.