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European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Nov 23 (Reuters) - The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O) but also banks and airlines, according to the latest draft of the rules.The EU move to set up such a system comes as Big Tech looks to the government cloud market to drive growth in the coming years while a...

People walk past a booth of ICBC Credit Suisse Asset Management Co at the 2020 China International Fair for Trade in Services (CIFTIS), in Beijing, China September 5, 2020. REUTERS/Tingshu Wang/File photo Acquire Licensing RightsNEW YORK/LONDON, Nov 10 (Reuters) - Industrial and Commercial Bank of China injected capital into its U.S. unit to pay BNY Mellon (BK.N) $9 billion for unsettled trades and hired a cybersecurity firm to help it return online after a ransomware attack, sources familiar with the matter said.ICBC said on Thursday it had been hit by...

Sept 12 (Reuters) - A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a $4 billion fraud.U.S. District Judge Edgardo Ramos in Manhattan sentenced Karl Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, who pleaded guilty to fraud and money laundering charges in December 2022.Ramos also ordered Greenwood to forfeit $300 million.Greenwood has been detained in New York since his 2018 arrest in Thailand and extradition to the United States over...