The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Compliance in the Age of Digital Banking: An Overview – 14 August 2019
Article outlines the key compliance issues facing the banking industry with the use of “digital banking”. It also describes the types of fraud experienced by banks, money laundering costs, cross border issues, risks with open banking and GDPR regulations.
https://www.techfunnel.com/fintech/compliance-in-the-age-of-digital-banking-an-overview/
Small businesses unprepared for the latest wave of scams – Westpac – 14 August 2019
Many Australian small business owners do not have processes in place to prevent the latest wave of scams, according to new research. On average they are loosing $38,845 and recovering less than half. Training staff in scam awareness and prevention is a key to prevent scams.
https://securitybrief.com.au/story/small-businesses-unprepared-for-the-latest-wave-of-scams-westpac
Lyceum Club manager pleads guilty to stealing furniture and $354,820 – 14 August 2019
Peter Stratton, the former manager of Melbourne’s exclusive Lyceum Club has pleaded guilty to stealing furniture and defrauding the club of more than $350,000 since 2011, in a scheme understood to have involved skimming cash from tax receipts.
Government opposes push to limit police access to automated vehicle data – 13 August 2019
The federal government has indicated that it opposes any move to implement new rules that could prevent Police from accessing data generated by automated vehicle technology (cameras, speed, location etc) and cooperative intelligent transport systems (C-ITS). They say the existing framework adequately protects privacy.
