operational-cyber-risk-management

BMA Operational Cyber Risk Management Code of Conduct 2022

BMA Operational Cyber Risk Management Code of Conduct 2022 The Bermuda Monetary Authority (‘BMA’) published its Operational Cyber Risk Management Code of Conduct (‘Code’) for CSPs, Trust Companies, Money Service Businesses, Investment Businesses, and Fund Administration Providers (Relevant Licensed Entities or ‘RLE’) on 15 March 2022 and RLE are required to comply by 15 February […]

Threatening Messages Being Sent Electronically

The Bermuda Police Service said they are “aware of threatening messages being sent electronically, [e-mail, social media], to members of the public.”

A police spokesperson said, “Recipients are being threatened with having their online activity made public unless they purchase varying amounts of cryptocurrency within a stipulated time period and return it to the person sending the threatening message, usually within 24 hours.