U.S. banks are requesting the SEC to repeal a cyber disclosure rule that mandates public companies disclose cyber incidents. They argue that the rule may increase compliance burdens and create unnecessary public panic. The banks believe the current regulatory framework is sufficient for managing cyber risks without the need for additional disclosures.

International authorities dismantle AVCheck in cybercrime operation
International law enforcement has taken down AVCheck, a major platform that enabled cybercriminals to test if their malware could evade antivirus software detection. Investigators have