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Online fraud losses hit US$3 billion-plus as cyber crime threats grow – 7 June 2018

by admin | Jun 7, 2018 | News & Analysis

Cyber crime is booming and online fraud is growing fast to become one of the most harmful corporate fraud categories identified by the FBI in the US. Cybercrime is growing so fast because most companies are not prepared and online fraud is a relatively easy and...

Newcastle Knights corporate sales executive Matthew Ninness accused of defrauding club – 6 June 2018

by admin | Jun 6, 2018 | News & Analysis

A NEWCASTLE Knights corporate sales executive is behind bars accused of defrauding the club of more than $150,000 by “selling” corporate boxes and season tickets to made-up business owners....

PageUp data breach forces Coles, Aus Post and more to close careers websites – 6 June 2018

by admin | Jun 6, 2018 | News & Analysis

Human resources management software company PageUp, which services many of the ASX200, has been forced to alert clients that their data could have been compromised thanks to a data breach, forcing major employers across the country to suspend their careers websites....

How Danske Bank mastered data analytics – 5 June 2018

by admin | Jun 5, 2018 | News & Analysis

Denmark-based Danske Bank Group is using a ‘one-tribe’ approach to push its data analytics strategy in order to improve operations, enhance customer experiences and prevent and detect fraud....

Arms race for surveillance tech in China – 4 June 2018

by admin | Jun 4, 2018 | News & Analysis

Vendors at a recent Beijing exhibition of police equipment were touting surveillance technology that can rip data from phones and even crack Apple’s iOS system. Human rights groups are concerned....

Commonwealth Bank to settle AUSTRAC action for $700 million – 4 June 2018

by admin | Jun 4, 2018 | News & Analysis

AUSTRAC (Australian Transaction Reports and Analysis Centre) took action against CBA  for serious shortcomings in CBA’s anti-money-laundering compliance regime. Most of which related to the bank’s Intelligent Deposit Machines (IDMs)....
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