How are criminals getting our information? April 1, 2020 | Sponsored In these difficult times, we should be vigilant against criminals using the publicity around Coronavirus as a chance to target people with fraudulent emails, phone calls, text messages or social media posts. Most of us think we’re too smart to get caught out by fraud and scams but, the truth is, criminals are increasingly using sophisticated [...]
Advanced analytics in the fight against financial crime April 1, 2020 | Sponsored Financial crime isn’t isolating. Criminals — money launderers, terrorists, fraudsters — evolve apace or ahead of the institutions and individuals they exploit. Global headlines, encompassing Panama to Moscow and due South, beg the question: “How can we keep up?” How data experts can help combat financial crime Nick Hourigan, Senior Managing Director and Head of [...]
How technology is helping to maintain positive workplace culture during self-isolation March 31, 2020 Covid-19 has been disruptive to many aspects of our lives – including our work. For most organisations, remote working is quickly becoming the new normal, yet it’s a muscle many are just starting to develop. And while this transition is vital to keep employees safe, it brings with it a wealth of new challenges. Without [...]
Houseparty offers $1m reward amid claims of smear campaign March 31, 2020 Video chat app Houseparty today said it was offering a $1m (£809,000) reward for any evidence the company had been targeted by a commercial smear campaign. The online rumour mill has gone into overdrive in recent days, with social media users alleging that their email, Spotify and Netflix accounts had been hacked after downloading Houseparty. [...]
Huawei misses revenue target as US ban and coronavirus weigh March 31, 2020 Huawei has missed its revenue target for the full year as the impact of a US trade ban was compounded by the coronavirus outbreak. The Chinese tech giant posted revenue of 858.8bn yuan (£98bn) in 2019. This marked an increase of more than 19 per cent, but fell short of its target of $135bn (£109bn). [...]
Simple advice on avoiding financial scams March 31, 2020 | Sponsored With the consequences of a scam often going well beyond pure financial losses, it is essential that every colleague in your business knows how to spot the signs. Businesses have always been highly attractive targets for fraudsters. Why? Money and data – both the company’s and that of their customers and supply chain partners. That [...]
Criminals exploit technology so why can’t law enforcement? March 31, 2020 | Sponsored According to Helena Wood at the Royal United Services Institute (RUSI), the UK has been “sleepwalking” through the growth of economic crime, to a point where it is a systemic national security risk. But there is technology to take the fight to criminals. Fraud accounts for one in three of all allegations of crime and [...]
Sharing fake news about coronavirus should be an offence, says top Tory MP March 30, 2020 Sharing fake news related to the coronavirus outbreak on social media should be an offence, a top Tory MP said today. Damian Collins, former chair of the Digital, Culture, Media and Sport (DCMS) Select Committee, called for sanctions against organisations and individuals that were “maliciously, deliberately, and at scale pushing disinformation through social media networks”. [...]
Facebook unveils $100m support package for news industry March 30, 2020 Facebook today said it will invest $100m (£80.6m) to support the news industry as the coronavirus crisis decimates advertising revenue. The social media firm said $25m will be given as emergency grant funding for local news through the Facebook Journalism Project, while $75m will be granted as additional marketing spend for news organisations around the [...]
Tiger Global builds stake in Tiktok owner Bytedance March 30, 2020 Tiger Global Management is said to have built up a stake in Tiktok owner Bytedance as it looks to cash in on the growing popularity of the short-form video platform. The New York-based investment firm — also known as the Tiger Fund — revealed the stake in a letter to investors this week. Tiger Global [...]