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Midweek Roundup: Global Hackers Target Lenders through Regulators, Western Union Sued for AML Failures, and More

Hackers have targeted 75 financial institutions in the United States, Mexico and Great Britain since October, at times deploying malware on financial regulators' websites similar to that used during the 2014 cyberattack on Sony Pictures Entertainment, according to analysis by BAE Systems and Symantec Corp. cited by The Wall Street Journal. More U.S. and U.K. banks are considering factoring the purported regulatory uncertainty posed by the administration of President Donald Trump into their investor-risk disclosures and annual reports, according to analysts cited by Bloomberg. More Western Union is being sued by a group of investors claiming material losses from the...

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