An attempt to defraud thousands of people using a bogus email from a UK airport was one of a range of cyber-attacks prevented last year. The scam used a fake gov.uk address, but the messages were prevented from ever reaching their intended recipients. The details were revealed by GCHQ’s National Cyber Security Centre in an […]
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The new star of the DOJ Guidance is ‘risk’
The DOJ’s April 2019 guidance for prosecutors on compliance programs reflects a belief that even as risk taking drives business behavior, so too should legal (particularly criminal) risk drive and inform a business’s compliance program. Simply stated, the more significant the risk-taking environment, the greater the chances for criminal behavior. The guidance recognizes that “each […]
Read MoreMauritian money launderer returns to Mauritius to face the music
Arvinsingh Canaye, 32, a Mauritian was In 2018 in the United States convicted by US justice for embezzlement and money laundering up to Rs 300 million. In 2019 he was expelled from the US and forced to return to Mauritian soil by US judges (read more below)In April 2019 he was arrested on his arrival […]
Read MorePremera Blue Cross to pay states $10 million over data breach
SEATTLE (AP) — Premera Blue Cross, the largest health insurer in the Pacific Northwest, has agreed to pay $10 million to 30 states following an investigation into a data breach that exposed confidential information on more than 10 million people across the country. The settlement, negotiated with the Washington attorney general’s office and filed in state […]
Read MoreCanada’s updated AML rules to require crypto exchanges to register as MSBs
The government of Canada has updated its Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) rules, CoinDesk reported. The amendments, which were finalized last month, target cryptocurrency exchanges operating in the country, among other things. The objective of these amendments is to address and close the gaps that exist in Canada’s AML/ATF Regime. According […]
Read MoreBrexit risk to Jersey finance industry ‘very small’ but aquaculture threatened
A LEADING businessman has said Brexit will have limited impact on the Island’s finance sector, but could make our fishing industry vulnerable. Sir Mark Boleat, former chairman of the City of London Policy Committee, Jersey Development Committee and the Channel Islands Competition and Regulatory Authorities, was in the Island for the International Banking Forum, Future […]
Read MoreL.A. County Health Services Department contractor breach leaks patient data
A data breach at a Los Angeles County Department of Health Services contractor resulted in the compromise of data from 14,591 patients. Nemadji, a company that provides patient eligibility and billing services for healthcare facilities, identified a data breach that took place on March 28, 2019 due to an employee falling victim to a phishing […]
Read MoreBritish Airways faces record £183m fine for data breach
British Airways is facing a record fine of £183m for last year’s breach of its security systems. The airline, owned by IAG, says it was “surprised and disappointed” by the penalty from the Information Commissioner’s Office (ICO). At the time, BA said hackers had carried out a “sophisticated, malicious criminal attack” on its website. […]
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