by Anti-Corruption Digest | Sep 30, 2020 | Cyber Risk, North America |
As of Sept. 1, each seller’s page on Amazon.com must now display the respective seller’s name and address. This new seller transparency policy, announced by Amazon on July 8,, brings some of Amazon’s U.S.-based practices into conformity with policies in other...
by Anti-Corruption Digest | Sep 30, 2020 | North America, Security Risks |
As the world braces for a possible second wave of the Covid-19 pandemic, there is also growing concern in the counterterrorism, scientific and global public health communities over the potential future threat posed by bio-engineered pathogens. A few weeks ago,...
by Anti-Corruption Digest | Sep 30, 2020 | North America, Security Risks |
UNIVERSAL HEALTH SERVICES, a hospital and health care network with more than 400 facilities across the United States, Puerto Rico, and United Kingdom, suffered a ransomware attack early Sunday morning that has taken down its digital networks at locations around the...
by Anti-Corruption Digest | Sep 30, 2020 | North America, Security Risks |
Since the country found out in 1973 that Richard Nixon paid an absurdly low sum of money in income tax, presidential candidates have felt obliged to release their tax returns for public scrutiny. But in 2016, Donald Trump broke with that precedent, refusing to release...
by Anti-Corruption Digest | Sep 30, 2020 | Anti- Money Laundering, Latin America, North America |
Leaked documents involving about $2tn of transactions have revealed how some of the world’s biggest banks have allowed criminals to move dirty money around the world. They also show how Russian oligarchs have used banks to avoid sanctions that were supposed to...
by Anti-Corruption Digest | Sep 30, 2020 | Governance and Ethics, North America |
New York City Mayor Bill de Blasio said Tuesday that anyone who is not wearing a face mask will be offered one, and that anyone who refuses to comply will be fined — as the positive coronavirus test rate in the city spiked above 3% for the first time in months....
by Anti-Corruption Digest | Sep 30, 2020 | Governance and Ethics, North America |
A West Allis nonprofit that operates nationwide has agreed to pay $1.9 million to the federal government after a whistleblower exposed it for repackaging Chinese products and claiming they had been made by visually impaired Americans. Such claims helped Industries for...
by Anti-Corruption Digest | Sep 30, 2020 | Governance and Ethics, North America |
A simulated phishing email that used the false promise of company bonuses as a lure to trick employees has ignited a debate over the ethics of security awareness testing that potentially engender distrust and hard feelings. On the one hand, simulations should mimic...
by Anti-Corruption Digest | Sep 30, 2020 | Europe, Governance and Ethics, North America |
When news broke about Mountain Equipment Co-op (MEC) being sold to an investor in the United States, the reaction among many of its 5.4 million member-owners was surprise, anger and disappointment. More than 130,000 members have so far signed a petition to reverse the...
by Anti-Corruption Digest | Sep 29, 2020 | Governance and Ethics, North America |
The Securities and Exchange Commission (SEC) recently announced that it has granted its 100th whistleblower award, with the most recent tipster, a company outsider, receiving an award of more than $1.8 million. According to the US regulator’s statement on Monday, the...
by Anti-Corruption Digest | Sep 29, 2020 | Anti- Money Laundering, Latin America, North America |
The Campaign Legal Center said in the 81-page filing that the president’s reelection campaign and campaign committee hid $170 million in spending to major vendors as well as family members and associates by diverting the money through firms headed by Brad Parscale,...
by Anti-Corruption Digest | Sep 29, 2020 | Cyber Risk, North America |
Facebook has patched a critical vulnerability in Instagram that could have given an attacker the ability to take over a victims Instagram account, and turn their phone into a spying tool, simply by sending them a malicious image file. Also Read – FarmVille to be...
by Anti-Corruption Digest | Sep 29, 2020 | Cyber Risk, North America |
When willie sutton was asked why he robbed banks, he reputedly replied: “Because that’s where the money is.” These days there is no need to don a mask and wave a gun: bandits can steal millions from their armchairs, wielding nothing more lethal than malicious code....
by Anti-Corruption Digest | Sep 29, 2020 | Cyber Risk, North America |
A major hospital chain has been hit by what appears to be one of the largest medical cyberattacks in United States history. Computer systems for Universal Health Services, which has more than 400 locations, primarily in the U.S., began to fail over the weekend, and...
by Anti-Corruption Digest | Sep 29, 2020 | Middle East, North America, Security Risks |
“The UAE has embarked on a historic decision to bring peace to the region. With this normalisation [of relations], it is only natural that we will start discussing multiple sectors from banking to defence,” Faisal Al Bannai said on 28 September at the Global Aerospace...
by Anti-Corruption Digest | Sep 29, 2020 | Middle East, North America |
The United States has made preparations to withdraw diplomats from Iraq after warning Baghdad it could shut its embassy, two Iraqi officials and two Western diplomats say, a step Iraqis fear could turn their country into a battle zone. Any move by the US to scale down...
by Anti-Corruption Digest | Sep 29, 2020 | Latin America, North America, Security Risks |
Once rare, telecommuting has become routine during the pandemic. But the Financial Times (FT) reported moving from a furnished office space to a living room table can present cybersecurity risks. It comes as cybercriminals are already taking advantage of the pandemic....
by Anti-Corruption Digest | Sep 29, 2020 | Middle East, North America, Security Risks |
One of the many hallmarks of the Trump administration has been its capricious approach to troops deployments, especially ones related to counter-terrorism. President Donald Trump has zigged and zagged on whether to maintain troops in Afghanistan, Iraq, and Syria,...
by Anti-Corruption Digest | Sep 29, 2020 | Anti- Money Laundering, Latin America, North America |
Security veteran Matthieu Petrigh, launched a new website with open source training programs on an array of topics dedicated to security professionals and those interested in learning security the he hopes will help others in the industry progress their careers. Head...
by Anti-Corruption Digest | Sep 29, 2020 | North America, Security Risks |
Google has been taking a few steps recently in order to make it so that the ads that people see on its platform would end up becoming as legitimate as possible, and a big part of the reason why that is the case has to do with the fact that a lot of people have...
by Anti-Corruption Digest | Sep 29, 2020 | North America, Security Risks |
A Department of Homeland Security whistleblower’s testimony to House investigators has been postponed a second time as his attorney awaits a top secret security clearance that he now accuses DHS of slow-walking in order to “prevent the deposition.” The witness, Brian...
by Anti-Corruption Digest | Sep 28, 2020 | Anti-Corruption, Featured, Featured Article, North America |
The COVID-19 pandemic has exacerbated already staggering levels of economic inequality in many countries around the world. Now there is a real risk that trillions of dollars meant to support those hardest hit by the crisis may be captured by the wealthy, increasing...
by Anti-Corruption Digest | Sep 28, 2020 | Europe, North America |
On September 24, a bipartisan group of US senators proposed sanctions against Russian officials over the alleged poisoning of the opposition politician Alexei Navalny in Siberia recently. A targeted bill titled Holding Russia Accountable for Malign Activities Act of...
by Anti-Corruption Digest | Sep 28, 2020 | Anti- Money Laundering, North America |
A leak of U.S. Treasury Department records on red-flagged financial transactions underscores a message that national security officials, banks and regulators have been sending for more than a decade: Anti-money-laundering rules need to be updated to better disrupt...
by Anti-Corruption Digest | Sep 28, 2020 | Cyber Risk, North America |
Verizon and AT&T have agreed to pay $116 million to settle a lawsuit claiming that both carriers have overcharged government agencies for over a decade. The announcement, made on Thursday, relates to a lawsuit in which 30 government entities and a whistleblower...
by Anti-Corruption Digest | Sep 28, 2020 | Cyber Risk, North America |
TORONTO — A shadowy group of cyber criminals that attacked a prominent nursing organization and Canadian Tire store has successfully targeted other companies with clients in governments, health care, insurance and other sectors. Posts on their NetWalker “blog”...
by Anti-Corruption Digest | Sep 28, 2020 | Cyber Risk, North America |
Facebook has patched a critical vulnerability in Instagram that could lead to remote code execution and the hijack of smartphone cameras, microphones, and more. Privately disclosed to Facebook, the owner of Instagram, by Check Point, the security flaw is described as...
by Anti-Corruption Digest | Sep 28, 2020 | North America, Security Risks |
The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic...
by Anti-Corruption Digest | Sep 28, 2020 | Cyber Risk, North America, Security Risks |
Despite an 8% decrease in overall malware detections in Q2 2020, 70% of all attacks involved zero day malware – variants that circumvent antivirus signatures, which represents a 12% increase over the previous quarter, WatchGuard found. Attackers are continuing to...
by Anti-Corruption Digest | Sep 27, 2020 | Asia, North America, Security Risks |
The US government’s ongoing offensive against Chinese tech flagship Huawei is sometimes portrayed as ham-handed American protectionism. This is also true of Washington’s restrictions on ZTE and several other Chinese surveillance-product companies. The sanctions extend...
by Anti-Corruption Digest | Sep 27, 2020 | Anti- Money Laundering, North America |
The Mail on Sunday revealed in June that HSBC faces a separate £1.3billion class action legal claim for its involvement in a film scheme used for tax avoidance. A cache of files released last weekend allegedly show HSBC continued to move dirty cash for clients it...
by Anti-Corruption Digest | Sep 26, 2020 | Anti- Money Laundering, North America |
2 million suspicious activity reports, or SARs, are filed by banks every year. Those reports are sent to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), which has the job of determining whether the reports are evidence of criminal activity,...
by Anti-Corruption Digest | Sep 26, 2020 | Anti- Money Laundering, North America |
An impressive investigation by BuzzFeed and the International Consortium of Investigative Journalists (ICIJ) revealed what has been clear to many of us in the banking regulatory world. Existing regulations and bank compliance processes are insufficient. And...
by Anti-Corruption Digest | Sep 26, 2020 | Cyber Risk, North America |
A seemingly benign and common practice among Instagram users has revealed a glaring vulnerability in the Facebook-owned (FB) app, according to a new report from Check Point Software Technologies (CHKP). The cybersecurity firm says that it exposed a critical flaw in...
by Anti-Corruption Digest | Sep 26, 2020 | Europe, Governance and Ethics, North America |
The creation of a United Nations Parliamentary Assembly was dicsussed at the virtual UN75 Global Governance Forum that was held from 16-18 September 2020 on the occasion of the opening of the 75th General Assembly of the United Nations (UN). Organized by the Stimson...
by Anti-Corruption Digest | Sep 26, 2020 | Governance and Ethics, North America |
Museums in the United States face a grim financial outlook. Most are privately funded entities and Covid-19 closures have decimated revenues, leading to widespread staff furloughs, salary cuts and freezes, and layoffs. According to a recent survey by the American...
by Anti-Corruption Digest | Sep 26, 2020 | Governance and Ethics, North America |
For many years, business ethics and legal compliance were held to be one and the same. As long as a business didn’t break a law, its only real ethical imperative was doing the best for its shareholders. End of story. That is no longer the world we live in. Now, a...
by Anti-Corruption Digest | Sep 25, 2020 | Anti-Corruption, North America |
JPMorgan Chase is close to paying almost $1 billion to resolve government investigations into the alleged manipulation of metal and Treasurys markets, according to a person with knowledge of the matter. A settlement between New York-based JPMorgan and several U.S....
by Anti-Corruption Digest | Sep 25, 2020 | Anti-Corruption, North America |
WASHINGTON — BMW and two U.S. subsidiaries agreed Thursday to pay an $18 million fine to resolve accusations that they disclosed misleading information about the German luxury automaker’s retail sales volume in the United States while raising approximately...
by Anti-Corruption Digest | Sep 25, 2020 | Africa, Asia, North America |
When COVID-19 hit prisons around the world, it entered overcrowded, insalubrious, and forgotten places in which women are a minority and face specific risks. Women represent between two and 10 percent of the world’s incarcerated population, but their numbers are...
by Anti-Corruption Digest | Sep 25, 2020 | Cyber Risk, North America |
Bandages, dressings, whatever you want to call thems are an important part of healing a wound properly, and they’ve been used through the ages, even since ancient Egyptian times. But what if I told you, there was a bandage that could actually tell whether a wound is...
by Anti-Corruption Digest | Sep 25, 2020 | Cyber Risk, Latin America, North America |
Check Point released the news after informing the company to allow it time to fix it, a press release on behalf of the company reported. Source: #InstaHack: Instagram security risk revealed – is your phone safe? – The Jerusalem...
by Anti-Corruption Digest | Sep 25, 2020 | North America, Security Risks |
A ransomware attack last spring at Simon Fraser University (SFU) reportedly compromised the personal information of about 250,000 students, faculty and alumni. The bad actors breached a database that contained the personal information of every person who joined the...
by Anti-Corruption Digest | Sep 24, 2020 | Anti- Money Laundering, North America |
In March 2014, three men kidnapped Reynaldo Pacheco and bludgeoned his head with rocks, leaving the 44-year-old father of a young daughter dead in a creek bed in California’s Napa County. Local authorities determined that his murder was a consequence of an investment...
by Anti-Corruption Digest | Sep 24, 2020 | Anti- Money Laundering, Latin America, North America |
Some of the world’s largest banks, including JPMorgan Chase, HSBC, and Deutsche Bank, allowed criminals to launder about $ 2 trillion (£ 1.5 trillion) of badly obtained money from 1999 to 2017, according to leaked FinCEN files. The investigation was conducted by 109...
by Anti-Corruption Digest | Sep 24, 2020 | Anti- Money Laundering, North America |
On August 10, the U.S. Commodity Futures Trading Commission (CFTC) filed and settled charges against Interactive Brokers LLC, a registered futures commission merchant (FCM). The CFTC charged Interactive Brokers for failing to adequately supervise its employees’...
by Anti-Corruption Digest | Sep 24, 2020 | Cyber Risk, North America |
Adam Rogas was cornered. Until that hot Las Vegas afternoon on September 1, he was the only person at his company NS8 with access to one of the company’s two bank accounts where all the customer revenue was sent. But, in the preceding weeks, executives at the cyber...
by Anti-Corruption Digest | Sep 24, 2020 | Cyber Risk, North America |
With great crises comes great compliance risk. The COVID-19 pandemic is no exception. Signed into law just recently, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) will make available an initial $2.2 trillion worth of government funds to mitigate...
by Anti-Corruption Digest | Sep 24, 2020 | Africa, Cyber Risk, North America |
Seven years ago, Burger King’s Twitter account was hacked. The outcome was harmless enough — its profile picture was replaced with the McDonald’s logo, its display name changed to “McDonald’s” and its biography altered to “Just got sold to McDonalds because the...
by Anti-Corruption Digest | Sep 24, 2020 | North America, Security Risks |
While foreign policy has barely figured in the presidential campaign, national security is plainly on the ballot. If everything feels chaotic and dangerous, it’s because we face a remarkable convergence of security challenges. Traditional definitions of national...
