The Depository Trust Company has filed a proposal with the U.S. Securities and Exchange Commission to revamp its Direct Registration System with the goal of cutting stock registration transfer processing times from days to minutes. The plan focuses on automating procedures by reducing batch processing and manual steps. Under the proposal, DTC’s securities processing application would automatically create orders and reflect shares in participants’ accounts after approval.

As AI-driven hacking spreads, calls are growing for changes in cyber security strategy, with offensive security drawing attention. Experts say faster attacks linked to wider AI use mean companies should assess defences through simulated hacking and penetration tests. Terms such as COST and CTEM are gaining prominence. The article also cites funding for Dutch startup Hadrian Security and outlines analyses of recent attacks on South Korea’s financial sector and moves by companies including SK Telecom, SK Shieldus, Red Hat and Anthropic.