The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
New Laws To Force Tech Giants To Reveal Data – 14 August 2018
Companies could be forced to disclose encrypted information on phones, computers and social media as these technologies are used by organised criminals and on social media platforms.
https://tendaily.com.au/news/tech/a180813wzk/new-laws-to-force-tech-giants-to-reveal-data-20180813
Banking royal commission: NAB accused of delaying compensation confession to ASIC for PR purposes – 13 August 2018
NAB has been accused of delaying telling the corporate regulator about a substantial increase in remediation payments to customers, in order to stop adverse publicity from upsetting an annual results presentation.
http://www.abc.net.au/news/2018-08-13/bank-royal-commission/10112746
Software magnate Anthony Castagna jailed for $2.6 million tax fraud – 10 August 2018
Anthony Dante Castagna, the ex-Macquarie Bank director and his cousin were jailed for several years for tax evasion. He used sophisticated tax avoidance schemes that used different banks, companies and fraudulent loans.
Banks agree to fortify fraud protection systems – 10 August 2018
The Australian Securities and Investments Commission (ASIC) has revealed that five banks have agreed to strengthen their fraud protection systems in the wake of a review by the regulator that found that “banks could do more to manage the risks to customers associated with third party access to money in customers’ accounts”.
https://www.theadviser.com.au/breaking-news/38120-banks-agree-to-fortify-fraud-protection-systems
