More From #RISK – Page 156
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NewsNew programme to “spark a wave of growth” in the UK’s cyber sector
A new government-supported scheme to support the UK’s developing cyber security sector will help cyber startups, small businesses and scale-ups in launching and growing their businesses.
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NewsChinese fashion clothing director charged with money laundering
The director of a Chinese company which produces clothes for leading fashion chains has been accused of deceiving the Bank of China (Hong Kong) into issuing letters of credit (L/Cs) worth more than US$5.5m (€4.69m) to a supplier based on fraudulent business transactions.
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NewsUkraine shuts down money laundering cryptocurrency exchanges
The Security Service of Ukraine (SBU) has reportedly closed a network of cryptocurrency exchanges used by more than 1,000 ‘customers’ to launder funds received from Russian electronic payments processors, including Yandex.Money, Qiwi and Webmoney.
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NewsRansomware demands soar by 518% in 2021
New research has revealed that average ransomware demands have surged by 518% in the first half of 2021 in comparison to 2020.
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NewsFalk reappointed for another term in Australia
The Australian Information Commissioner and Privacy Commissioner, Angelene Falk, has been re-appointed for another three years, through to August 2024.
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NewsIndia’s cyber guardian warns of new type of banking scam
The Indian government’s Computer Emergency Response Team (CERT-In) says phishing attackers have abused the ngrok platform to target bank customers, obtain sensitive information and carry out fraudulent transactions.
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NewsPotential leak of hospital patients’ details in US
The St Joseph’s/Candler (SJ/C) health care provider in Georgia has warned a hacker may have accessed patient and employees’ information.
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NewsBusinessman charged with $784m Medicare fraud
The owner of telemedicine companies in the US has been indicted with orchestrating a health care fraud and illegal kickback scheme by submitting more than $784m (€668m) of false and fraudulent claims – one of the largest ever scams on the country’s Medicare programme, according to the justice department.
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SponsoredThe importance of data protection as a service in the post-pandemic world
Due to the COVID-19 pandemic, over the past 18 months global working habits have changed considerably. With the outbreak in the UK starting at the beginning of 2020, orders to stay at home were given across the country. As businesses rushed to implement strategies that would allow them to continue operations, cloud adoption and remote working accelerated at unprecedented rates.
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NewsGoogle to add privacy-protection features for under-18s
Tech giant Google is to introduce a policy enabling anyone under the age of 18, or their parent or guardian, to request removal of their picture from Google Image search results in the coming weeks.
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NewsCall centre workers raise privacy concerns over in-home cameras
Home-based call centre workers in Colombia say an amended contract giving their employer, Teleperformance, the right to install cameras into their home invades their privacy.
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NewsDetails of 1m-plus credit cards ‘leaked on line’
Hackers have reportedly given away information on more than 1m stolen credit cards to promote a new cyber-criminal market place on the dark web.
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NewsHackers steal $600m in cryptocurrency raid
Cyber-attackers have taken around $600m (€510m) of digital tokens from Poly Network in what is believed to be one the largest ever thefts of cryptocurrency.
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NewsWarning issued on LockBit
The Australian Cyber Security Centre (ACSC) has given out an alert about LockBit 2.0 after an increase in reports from organisations in the country impacted by the ransomware.
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NewsArdagh reveals cost of cyber-attack
A cyber security incident in May cost global packaging giant, the Ardagh Group, $34m (€28.9m) as of 30 June. An investigation continues.
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NewsCrypto fraud and asset recovery network set up
A group of lawyers, forensic accountants, corporate intelligence and asset recovery experts have launched the Crypto Fraud and Asset Recovery network (CFAAR) in the UK to, they say, place the country centre stage for resolution of global crypto disputes.
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NewsCalls for US real estate shake up to counter money laundering
The US government should comprehensively reform regulations covering the property market’s ‘gatekeepers’ to combat the billions laundered through the sector, according to a report by the Global Financial Integrity think tank.
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NewsUS lawmakers pressure Facebook for details on disabling research accounts
In a letter to Facebook Chief Executive Mark Zuckerberg, US lawmakers asked for details on the disabling of researchers’ accounts.
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NewsKentucky University announces data breach
A data breach at the University of Kentucky has exposed the personal information of its students and staff.
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AnalysisWhy Most CCPA Cases Will Fail: Five Hurdles Plaintiffs Must Clear
The California Consumer Privacy Act (CCPA) is a landmark U.S. privacy law with many laudable features. But the law’s private right of action is not among its strongest provisions.
