Strengthening your defenses against fraud

In this episode, Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• The US Treasury repelling cyberattack by a pro-Russian hacker group
• Further tightening of Australia’s cybersecurity regulations expected following recent cyberattacks
• US financial institutions processing nearly $1.2 billion in ransomware-related payments last year
• Canada driving to ISO 20022, but delaying migration
• The Bank of England (BoE) delivering biggest interest rate hike in 33 years
• BIS publishing triennial central bank survey of FX and OTC derivatives markets in 2022
• JP Morgan executing first-ever cross-border transaction using decentralized finance (DeFi) on a public blockchain
• HSBC launching its new proprietary tokenisation platform dubbed HSBC Orion
• UK arm of Santander putting limit on payments to crypto exchanges