The 3rd International Cybersecurity Congress, convened by the Venezuelan Banking Association (Asobanca), will take place on May 26 in Caracas.

The invited panelists will address key topics not only for the future of Venezuelan banking in the digital sphere, but also topics of global interest, such as electronic fraud, the use of AI in banking infrastructure, customer service efficiency, and the interconnection of international markets.

According to the organizers, “this event arises at a time of transformation for the national financial sector, where information protection has ceased to be perceived as a mere operating expense and has become a strategic pillar of competitiveness.”

“In today’s digital economy, cybersecurity has become a differentiating business enabler that projects strength in the global environment,” the association stated, highlighting “the role of security as an engine of innovation” as one of the main topics on the agenda.

In this regard, they indicated that “a secure infrastructure is the only way for financial institutions to deploy emerging technologies, such as Artificial Intelligence (AI), with the speed demanded by the current market without compromising the integrity of their clients’ data.”

Customer loyalty through digital trust will be another topic of discussion during the 3rd International Cybersecurity Congress.

Asobanca has highlighted compliance with international security standards as a strategic value and “crucial for projecting an image of solvency and professionalism to international investors and correspondent banks, thus facilitating interconnection with global financial markets.”

M.Pino

Source: bancaynegocios

(Reference image source: FlyD on Unsplash)

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Amid the indictment of a former OpenSea employee for alleged insider trading, US authorities are seeking ways to establish controls over NFTs. For this, they want to classify them as values.

Recently, during a presentation before the court of the Southern District of New York, the case of a former OpenSea employee, who was accused of using privileged data, was addressed. However, Nathaniel Chastain’s attorneys are fighting to have the charges of alleged money laundering and wire fraud dismissed.

The truth is that the accusations related to the use of privileged data, according to charges filed between June and September 2021 against Chastain, have been the trigger for the US tax authorities to settle in the fight to qualify the NFTs as securities and, in this way, be able to establish anti-money laundering and fraud controls on them.

This was pointed out a couple of months ago by Alma Angotti, a former SEC lawyer, emphasizing that this case could be the door to qualifying non-fungible tokens as securities.

M.Pino

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Source: morocotacoin

La entrada United States authorities want to control NFTs to prevent electronic fraud apareció primero en Bitfinance.