Weekly Roundup: New York Scales Back Cybersecurity Proposal, Bangladesh Suspects IT Employees Enabled Central Bank Heist, and More

President-elect Donald Trump, who is seeking to improve relations with Russia, told reporters during a news conference that the United States "ought to get on with our lives" rather than place further restrictions on the nation, Bloomberg reported. More The New York State Department of Financial Services extended its deadline for banks and other firms in the state to comply with new encryption standards and other cybersecurity requirements, Reuters said. More Bangladesh police suspect that IT employees secretly participated in the cyberheist that ultimately siphoned $81 million from the country's central bank this year via fraudulent payment instructions, Reuters reported....