All GRC World Forums articles in July 2021 – Page 5
-
News
Isle of Man refreshes AML strategy
The government of the Isle of Man – an important international banking centre – has released an updated policy to combat money laundering and terrorist financing.
-
News
Think tank calls for brake on drift towards data localisation
The Information Technology and Innovation Foundation (ITIF) has urged governments to resist the trend towards restricting data flows between countries.
-
News
US and allies accuse China of global hacking spree
The United States and its allies have publicly accused China of a worldwide cyber espionage campaign, with US secretary of state Antony Blinken saying the activity posed “a major threat to our economic and national security”.
-
Webinar
Tackling the Expanding ‘Shadow IT’ Environment
The ever-growing extension of the official IT environment is one of the biggest challenges for digital forensics practitioners today.
-
Opinion
Could ‘Schrems III’ Lead to a Paid Version of Facebook?
The Austrian Supreme Court has referred a case against Facebook to the Court of Justice of the European Union (CJEU). The case has been dubbed “Schrems III,” as it’s the third CJEU reference involving Facebook and campaigner Max Schrems.
-
Opinion
Pegasus Spyware Investigation: What Is It, and Why Does it Matter?
Yesterday, the Guardian’s Pegasus Project revealed how governments worldwide have used—or have considered using—the Pegasus malware to spy on journalists, lawyers, activists, and other innocent people.
-
Event
Women in Governance, Risk and Compliance Awards deadline now extended
The search for the first GRC Woman of the Year continues!
-
News
Client info stolen in Morgan Stanley data breach
Personal information belonging to clients of the leading investment bank Morgan Stanley have been stolen following a data breach stemming from a vulnerability in one of its third-party IT suppliers.
-
News
Tests validate accuracy of face recognition software’s for boarding flights
The National Institute of Standards and Technology (NIST) in the US has found facial recognition algorithms can identify a passenger’s face with at least 99.5% accuracy using a single scan.
-
News
Brazilian pharmacy fined for illegal use of customer data
Drogasil pharmacy chain has been ordered to pay almost BRL730,000 ($112,000, €95,000) by Procon in Mato Gross, Brazil, for obtaining customers’ data without proper authorisation.
-
News
Hong Kong authorities break up money laundering gang
Customs officials in Hong Kong say they have dismantled a money laundering group which used cryptocurrency Tether to process HK$1.2bn ($154m, €131m) in illegal funds.
-
News
New AML bill presented to Liberia’s parliament
Liberia President George Weah has submitted an anti-money laundering bill to the country’s legislature to replace the Anti Money Laundering and Financing Act of 2012.
-
News
Data protection vital for US competitiveness, says security chief
Data security and privacy are at the heart of the United States’ competitiveness, according to national security advisor Jake Sullivan.
-
News
Nigeria becomes eagle eyed in reporting financial crime
The Economic and Financial Crimes Commission (EFCC) in Nigeria this week launched the Eagle Eye smartphone app to make telling it about economic and financial crimes easier.
-
News
Cameras in changing areas ‘step too far’ says Swedish DPA
Permanent video monitoring of spaces in eastern Skaraborg’s fire stations where crew members change clothes when responding to an emergency overstepped the mark, Sweden’s privacy protection authority (IMY) has ruled.
-
News
Covid-19 test centre referred to police for poor privacy security
Denmark’s DPA Datatilsynet has reported Medicals Nordic to the police for processing users’ health and other confidential information about their coronavirus tests with inadequate security.
-
News
Binance unauthorised, says Italian Regulator
Italy’s financial regulator, CONSOB, announced that Binance is not authorised to provide investment services in the country.
-
Webinar
Data Acceleration in the Era of Accelerated Cloud Transformation and Remote Work
Based on the findings from 2021 Thales European Data Threat Report, the global pandemic has had a significant impact on data security with accelerated cloud migration and increased remote working.
-
News
Ex-bank director and minister jailed in Portuguese money laundering case
Armando Vara, a former director of Portugal’s state-owned Caixa Geral de Depositos bank and ex-government minister, has been imprisoned for two years for money laundering. He is already behind bars for a separate offence.
-
News
UK police seize record amount of cryptocurrency in money laundering case
The Metropolitan Police (Met) in the UK have confiscated almost £180m ($250m, €210m) in cryptocurrency as part of an ongoing investigation into international money laundering.