Reported by Adena Friedman (The writer is chair and chief executive of Nasdaq) Recent breakthroughs in artificial intelligence are rightly seen as a step-change in our technology economy. For the world of finance, much of the reaction has been focused on the risks from this rapid shift. Concerns have rightly been raised about the capacity of regulators […]
Reported by Lukas I. Alpert A boastful teenage hacker has been charged with orchestrating a break-in to the sports betting website DraftKings, which led to $600,000 being drained from hundreds of customer accounts. Joseph Garrison, 18, of Madison, Wis., is accused of using stolen log-in and password combinations he bought on the dark web to […]
Reported by Annalee Armstrong Former Immunomedics Chief Financial Officer Usama Malik has pleaded guilty to a charge of insider trading for tipping off his girlfriend that the biotech’s breast cancer drug had succeeded in a clinical trial, allowing her time to purchase shares before the information went public. Malik pleaded guilty to one count of […]
Financial Crime News Briefs 