Google boss calls for temporary ban on facial recognition technology January 20, 2020 Google chief executive Sundar Pichai has lent his support to a proposed temporary EU ban on facial recognition technology, over concerns it could be misused. “I think it is important that governments and regulations tackle it sooner rather than later and gives a framework for it,” said Pichai at a conference in Brussels today. The [...]
First Travelex UK customer-facing systems restored after cyber attack January 17, 2020 The chief executive of Travelex has spoken out for the first time following a cyber attack two weeks ago that caused a global blackout in the foreign exchange provider’s online services. In a scripted video uploaded to a backup Travelex website, Tony D’Souza said the IT system used by staff was now working again. D’Souza [...]
Travelex restores some electronic services following cyber attack January 13, 2020 Foreign exchange company Travelex is beginning to restore some electronic systems almost two weeks after hackers held the company’s systems to ransom, leading to a global blackout of its online services. Staff at the foreign exchange giant had been forced to use pen and paper to serve thousands of customers after a cyber attack forced [...]
Bank of England’s Sam Woods warns of crackdown on the City January 12, 2020 Deputy Bank of England governor Sam Woods has warned the City that it could face a crackdown by regulators as they try to ensure the financial system remains safe a decade on since the financial crisis. Woods – who is chair of the BoE’s Prudential Regulation Authority (PRA) which oversees lenders and insurers – told [...]
Man charged with murder for fatal Harrods stabbing January 9, 2020 A man has been charged with murder for allegedly stabbing someone to death outside of Harrods last month. Badir Rahim Alnazi, 23, has been charged, after it was alleged he fatally stabbed Mohammed Al-Araimi on 5 December outside the Knightsbridge department store. Read more: TfL: Crime rates on the Night Tube soar in 2019 Alnazi [...]
Banks suspend currency exchange after Travelex cyber attack January 8, 2020 High street banks Barclays, Lloyds and Royal Bank of Scotland are without foreign currency services after a cyber attack against forex giant Travelex. The banks, who get their foreign notes from Travelex, said supplies were running short after last week’s attack, in which hackers warned the firm that unless it paid $6m (£4.6m) they would [...]
Questions raised over Rory Stewart association with church under fraud cloud January 8, 2020 Mayoral candidate Rory Stewart has been criticised for associating himself with a church being investigated for fraud by the Metropolitan Police and the Charity Commissioner. Croydon-based SPAC Nation was set up by former gang members to try and combat knife crime in BAME communities. Read more: Rory Stewart rails against ‘unnecessarily high’ skyscrapers in the [...]
Six people arrested in connection to Labour antisemitism claims January 8, 2020 Six people have been arrested in relation to antisemitism allegations within the Labour Party, according to London’s police commissioner. Metropolitan Police commissioner Cressida Dick revealed today that files have been sent to the Crown Prosecution Service (CPS) to deliberate on whether to charge the individuals. Read more: Equality watchdog launches probe in Labour antisemitism Dick [...]
Travelex held to ransom by hackers January 7, 2020 Hackers are holding foreign exchange giant Travelex to ransom, after a cyber attack forced the company to switch off all its computer systems. It has been reported that hackers infiltrated the company’s systems on New Year’s Eve and that it has taken down 30 of its websites to contain “the virus and protect data”. Read [...]
Former Met chief Lord Hogan-Howe joins listed law firm Rosenblatt January 6, 2020 Former London police chief Lord Bernard Hogan-Howe has joined listed law firm Rosenblatt as an adviser, the firm said today. Hogan-Howe was the head of London’s Metropolitan Police as commissioner of police of the metropolis from 2011 until 2017. During his time in office, Hogan-Howe oversaw the London 2012 Olympics and dealt with the aftermath [...]