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…

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…

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…

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…

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…

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…