#RISK Intelligence – Page 166
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NewsBusiness Update: Data443 Risk Mitigation acquires ArcMail
Data443 Risk Mitigation, Inc., a leading data security and privacy software company, has announced that it has acquired all rights to the data archiving platform ArcMail, representing its first acquisition of 2021. This follows a two-year exclusive license agreement with ArcMail that was previously announced on February 11, 2019. (press release)
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NewsJamaica launches criminal investigation into weakness of Covid-19 app
The Jamaican government has begun a criminal investigation after a security vulnerability was discovered associated with the JamCovid-19 app which people travelling to the country have to use to gain authorisation to enter.
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NewsFines for AML non-compliance only work in 'limited circumstances', say half of specialists polled
Monetary penalties for anti-money laundering (AML) compliance failures are only effective as a deterrent in “limited circumstances”, more than half of specialists polled in a survey have said.
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NewsCayman Islands issues first fines for beneficial ownership violations
The Registrar of Companies (RoC) in the Cayman Islands has issued a total of 19 fines against companies for noncompliance with beneficial ownership (BO) requirements
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NewsHacker leaks personal data of 110,000 Lithuanians, including government officials
A criminal investigation into the leak of 110,000 Lithuianians’ personal data is underway after a hacker posted a list obtained from an unsecured database backup in return for $1,000 in bitcoin.
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NewsSouth Korea to bolster cyber security infrastructure
The ministry of science and ICT (information and communication technology) in South Korea says it will develop infrastructure to quickly respond to an increasing number of cyber security threats the country faces.
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NewsBusiness Update: Calligo acquires Decisive Data
Calligo, the world’s first end-to-end managed data services provider, today announced it has acquired Decisive Data, a pioneer in data analytics, data science and visualization (press release)
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NewsVietnamese government consults on new privacy law
The ministry of public security in Vietnam has opened its draft decree on personal data protection to public consultation.
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NewsFacebook fined €7m in Italy for non-compliance with data practices
Italy’s Competition Authoity has fined Facebook €7m ($8.42m) for not complying with changes to data practices ordered by the anti-trust authority in November 2018
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BlogDeFi brings risks and opportunities for AML
Cyber fraud and money laundering involving Decentralised Finance (DeFi) is on the rise. Here Marcus Rickard looks at the risks DeFi creates for AML compliance, the consequences of those risks for AML compliance officers, how the risks can be mitigated and the potential benefits DeFi brings
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NewsBusiness update: CircleCI introduces privacy enhancements for engineering teams across the enterprise
CircleCI, has announced a new platform update that allows increased control, protection, privacy, and confidence for today’s engineering teams (press release)
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Q&APrivSec Job Focus: Elida Policastro, Regional Vice President for Cybersecurity, Auriga
In our latest reader Q&A, Elida Policastro describes the “superior mission” of protecting the public from cyber crime
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News‘Record year’ for UK cyber security sector as number of firms increases 21%
The number of active cyber security firms in the UK has surged 21% in a year, a government-commissioned report has found
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NewsHong Kong eyes greater scrutiny of capital flows involving Chinese officials, following FATF criticism
Hong Kong is proposing to expand scrutiny on “politically exposed persons” (PEP) to officials from the rest of China, following recommendations from the Financial Action Task Force (FATF).
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NewsSecond North American university hacked
Personally identifiable information of students and others connected with the Simon Fraser University (SFU) in western Canada have leaked in a cyberattack.
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AnalysisPrivSec fundraising deals in January and February 2021
A round-up of some of the latest fundraising and business deals in the cyber security , data protection and privacy sectors
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NewsSilicon Valley privacy company Titaniam launches ‘always on’ data encryption product
Titaniam has announced the release of a product which utilises “always on” data encryption.
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BlogDon’t be a passenger – why we must all look after our own security to help our organisation’s
In today’s world, there is little distinction between your real life and your cyber life. Tor-Ståle Hansen explains how attending to your personal digital ‘twin’ also helps strengthen your organisation’s privacy and security.
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NewsDenmark improves FATF compliance overall but downgraded on efforts to regulate VASPs
Denmark’s efforts to improve its anti-money laundering (AML) legislation have been rewarded with a higher technical compliance rating in five areas, but has been downgraded on its efforts to curb Virtual Asset Service Providers (VASPs)
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NewsUS water companies given cybersecurity advice after attempt to poison city’s supply
Water companies across the US are being urged to be on heightened alert and monitor their computer systems for any unusual activity.
