security & fraud

CFOs Say Digitization Not Helping Risk Management
CFOs Say Digitization Not Helping Risk Management
July 23, 2018  |  Data

A top challenge for the finance chiefs of corporations around the globe has increasingly become completing a full assessment of the company given all the...

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Hackers Increasing Sophistication With Secondary Attacks
Hackers Increasing Sophistication With Secondary Attacks
July 23, 2018  |  Security & Fraud

Hackers are growing much more sophisticated; a new report shows that when incident response teams thwart an attack, they are finding another attack waiting in...

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Theranos Investors Opt To Settle With Little Left
Theranos Investors Opt To Settle With Little Left
July 23, 2018  |  Investments

Investors have decided to settle a lawsuit with Theranos and founder Elizabeth Holmes, aiming to get whatever they can from the struggling blood testing company....

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Revolut Flagged Money Laundering Evidence A Few Months Back
Revolut Flagged Money Laundering Evidence A Few Months Back
July 17, 2018  |  Security & Fraud

Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime...

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The CFPB Settles With National Credit Adjusters
The CFPB Settles With National Credit Adjusters
July 16, 2018  |  CFPB

The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters, a private company, as well as its chief executive...

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Global Regulators Propose Crypto Monitoring Framework
Global Regulators Propose Crypto Monitoring Framework
July 16, 2018  |  Cryptocurrency

Cryptocurrencies such as bitcoin and ether don’t pose much of a risk to global financial stability at the current time, but that isn’t stopping global...

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At The Grocer, Consumers Sizzle At Self-Checkout
At The Grocer, Consumers Sizzle At Self-Checkout
July 13, 2018  |  Sizzle/Fizzle

Sizzle Self-checkout: Check yourself, as the song says. And in retail, the checking yourself is literal and increasing. As many as 70 percent of shoppers have used...

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Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
July 13, 2018  |  Regulation

The European Banking Authority, the main banking regulator in Europe, slammed Malta for “systematic” failings in the enforcement of anti-money laundering rules, reported the Financial...

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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company
Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company
July 11, 2018  |  Security & Fraud

QVC former director James D. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam....

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