Half of Regulated Firms See Pandemic Spike in Financial Crime

Half of Regulated Firms See Pandemic Spike in Financial Crime

Around half of firms in the financial services, property and legal sectors have reported rising levels of financial crime over the past 12 months, according to new data from SmartSearch. The anti-money laundering (AML) specialist polled 500 regulated businesses in the UK to better understand the levels of risk facing players in each vertical. Overall, 48% of respondents said they’d seen a rise in financial crime, and a quarter (26%) admitted they’d been a victim of…

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FCC: Applications Open Soon for Huawei/ZTE Replacement Fund

FCC: Applications Open Soon for Huawei/ZTE Replacement Fund

The US telecoms regulator revealed more details on a scheme to reimburse smaller carriers who procured kit from Chinese providers, which was subsequently deemed a national security risk. The Federal Communications Commission (FCC) officially designated Huawei and ZTE a security risk in July 2020, having first revealed plans to force carriers to rip-and-replace Chinese equipment the previous year. An update yesterday claimed that small telecoms carriers would be able to apply for a portion of the Secure and Trusted Communications…

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Crypto Developer Pleads Guilty to North Korean Plot

Crypto Developer Pleads Guilty to North Korean Plot

A former Ethereum developer has pleaded guilty to helping North Korea escape US sanctions by providing technical advice on cryptocurrency. Singapore resident and US citizen Virgil Griffith, 38, conspired to violate the International Emergency Economic Powers Act (IEEPA) on one count, which carries a maximum term of 20 years in prison. According to the Department of Justice (DoJ), he began developing and funding cryptocurrency infrastructure in the hermit nation as far back as 2018, knowing that the…

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Multi-Cloud Use Maturity – My Best of VMworld – Cloud Blog – VMware

Multi-Cloud Use Maturity – My Best of VMworld – Cloud Blog – VMware

A lot of my activities these days focuses on the notion of multi-cloud use maturity.  With VMworld just around the corner, this is a good time to connect the dots between the eight core practice areas I’ve been talking about in my multi-part blog series and the breakout sessions that will be offered at VMworld.  I have added the links to all of the already published blogs on the eight core practice areas at the…

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Your Favorite VMworld Memories, Moments and Learnings – Cloud Blog – VMware

Your Favorite VMworld Memories, Moments and Learnings – Cloud Blog – VMware

Since the first conference in 2004 to this year’s digital event—and many memorable years in between—VMworld has served as a technology news making event, learning hub, meeting spot, and concert destination. We asked customers in the Champions community for their favorite memories and learnings, and here’s what they shared. What will this year bring? Register for VMworld 2021, Oct. 5-7. Memorable moments: Make new friends, and keep the old Meeting other curious technology experts is…

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Four tips for increasing your disaster recovery budget

Four tips for increasing your disaster recovery budget

Four tips for increasing your disaster recovery budget | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website…

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The Importance of Cybersecurity Standards and Certifications for SMBs

The Importance of Cybersecurity Standards and Certifications for SMBs

In today’s world with cyber attacks hitting the headlines daily, cybersecurity is at the forefront of many business owners’ minds, but implementing the right solutions and knowing what to do to reduce your risk is a big challenge for decision makers in these organizations. The task is even harder for small- to medium-sized businesses (SMB) that tend to lack extensive budgets and resources needed for implementing the most effective and high-brow cybersecurity solutions on the…

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The best 5G home internet: Your broadband options | ZDNet

The best 5G home internet: Your broadband options | ZDNet

It used to be that we could do okay with less than 10 Megabits per second (Mbps) internet.  That was before we filled our evenings with streaming movies and TV shows and our days with working from home on Zoom meetings and Software-as-a-Service applications. Now, we need at least 25 Mbps, the more the better. Fiber internet offers the best speeds for those lucky enough to have it, and cable is the second-best option. After that,…

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Computer Scientist Jailed Over Dark Web Conspiracy

Computer Scientist Jailed Over Dark Web Conspiracy

A computer scientist has been charged with using computers belonging to the California Department of Technology for illegal purposes. Jonathan Patrick Turrentine was employed by the department as a system software specialist as recently as 2016, according to the Transparent California online database.  The 39-year-old was booked into the Sacramento County Main Jail on Wednesday on suspicion of drug trafficking, money laundering, and trafficking in counterfeit goods. He is being held without bail. A 50-page criminal complaint…

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#IMOS21: Global Threat Brief – The Most Dangerous Attack Techniques in 2021

#IMOS21: Global Threat Brief – The Most Dangerous Attack Techniques in 2021

During Infosecurity Magazine’s North American Online Summit, editorial director Eleanor Dallaway moderated a session dedicated to the most dangerous attack techniques in 2021. In her opening statement, she stated that the last two years have seen a huge amount of change and evolution, and cyber attack vectors and attack techniques have been no exception.  Dallaway was joined by an expert panel including Brad LaPorte, partner of High Tide Advisors,  Miranda Richie, director of cyber threat operations at Orbia;…

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