Is your cyber strategy everywhere too? Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast is now contingent on a well-orchestrated cyber program. IN the 21st century, the connective power of technology is giving rise to […]
cybersecurity
Taxman unearths £200m in joint operation
M Revenue & Customs has helped uncover £200m worth of suspected tax evasion and money laundering in the UK. The action — which occurred as part of a series of investigations in Australia, Canada, the Netherlands, the US and the UK — is centred around a Central American financial institution […]
Former U.S. regulator leads effort to create digital dollar
The project will explore how a cryptocurrency could produce a more efficient and safer means of cross-border trade, clearance and settlement. The former chair of the Commodity Futures Trading Commission (CFTC) has partnered with Accenture to create the non-profit Digital Dollar Project, which plans to explore the creation of a U.S. […]
13 Changes Coming To The Banking Industry
Very few industries have a long history and stability the banking industry has enjoyed. Banks depend on the firm trust of their customers, and as a result, change usually takes a long time. However, in recent years, members of the banking sector have realized that evolution is necessary if they […]
Apple offers $1million prize to hackers who can find security holes in Apple Watch, iCloud, and other devices
Apple has officially launched an its-device wide hacking bounty The program offers a range of cash prizes for people who find security flaws Covered devices will include Apple Watch, iPhone, iPad, Apple TV, and iCloud Today, Apple officially opened a hacking program that will pay people who discover bugs and […]
Security in the supply chain – a post-GDPR approach
A year and a half after the introduction of the EU’s General Data Protection Regulation, Fieldfisher’s James Walsh reviews the fundamentals of supply chain security. Not that long ago, businesses were rushing to put in place contractual terms with their processors to comply with the General Data Protection Regulation’s (GDPR’s) […]
For data compliance, banks and payment firms show signs of ‘getting it’
New data protection laws are changing marketing forever for merchants, payment firms and other companies. It started with GDPR, the EU’s landmark privacy regulation that ensured consumers must consent to receive digital communications from corporations. California is next: The California Consumer Privacy Act, modelled largely after GDPR, will go into […]
Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions
With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who see it as an opportunity profit from it in unscrupulous […]
Regtech can help mitigate risk in the property sector
If estate agents want to defeat criminal activity, they must be willing to incorporate more specialised regulatory technology (regtech) into their processes. Regtech that features advanced ‘augmented intelligence’ solutions can significantly ease the legislative burden for businesses. These solutions use hundreds of terms in multiple languages to perform real-time searches […]
Coinfirm partners with Kroll to help users recover lost or stolen crypto
Pawel Kuskowski, CEO at London-based Coinfirm, a company focused on developing regulations technology, or Regtech, for blockchain-based financial assets, estimates that there’s $10 billion in stolen cryptocurrencies. In order to help victims recover their funds, Coinfirm has partnered with cybersecurity firm Krollwire to launch ReclaimCrypto.com. There’s usually no recourse for […]