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19 FEBRUARY 2018
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Monday, 19 February 2018

Senior ECB official held over Latvia fraud
Latest scandal hits country’s troubled financial sector
Read more ...

 
     

Latest feature
     
 
Banks must change data policies post-Equifax

The Equifax data breach is in a class of its own. It compromised the personal data of 145 million people, equivalent to half the US population. The seriousness is exacerbated by the breadth of information stolen including names, Social Security numbers, birth dates, addresses, some driver’s licence numbers and 209,000 credit card numbers.

Why does Equifax hold so much data?
Read more ...
 
     
 
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    Features   
 
     
 
News - InvestigationsFriday, 16 February 2018

Indian bank giant hit by US$1.8bn fraud
Alleged case took place at single branch Read more ...

News - CybercrimeWednesday, 14 February 2018

Equifax admits breach was wider than reported
Senator demands company produces full details Read more ...

News - Cards and PaymentsTuesday, 13 February 2018

Italian cryptocurrency exchange loses US$170m
Founder denies claims of ‘exit scam’
Read more ...

article thumbnail News - CybercrimeTuesday, 13 February 2018

Financial services cyberattacks triple in five years
Breaches cost more to contain than in any other industry Read more ...

News - Cards and PaymentsMonday, 12 February 2018

Global card fraud network broken up
36 people charged from crime empire that planned to steal US$2.2bn Read more ...

News - CybercrimeFriday, 09 February 2018

Police release ransomware decryption keys
52 tools now available to unlock encrypted files Read more ...

article thumbnail News - CybercrimeThursday, 08 February 2018

Cryptocurrency marketplaces hit by range of attacks
Up to 20% of all Bitcoin estimated to be in fraudsters' hands Read more ...

article thumbnail News - Court casesWednesday, 07 February 2018

Tesco trial abandoned after accused has heart attack
SFO to decide on whether to pursue re-trial Read more ...

News - CybercrimeTuesday, 06 February 2018

Cryptocurrency mining rises up list of malware threats
Over half of global organisations now impacted Read more ...

News - InvestigationsMonday, 05 February 2018

SFO widens Petrofac investigation
Company CEO at centre of separate Italian probe Read more ...

News - Investigations
Indian bank giant hit by US$1.8bn fraud
Maxine Wernick - Friday, 16 February 2018

News - Cybercrime
Equifax admits breach was wider than reported
Maxine Wernick - Wednesday, 14 February 2018

News - Cards and Payments
Italian cryptocurrency exchange loses US$170m
Maxine Wernick - Tuesday, 13 February 2018

News - Cybercrime
Financial services cyberattacks triple in five years
Maxine Wernick - Tuesday, 13 February 2018

News - Cards and Payments
Global card fraud network broken up
Maxine Wernick - Monday, 12 February 2018

News - Cybercrime
Police release ransomware decryption keys
Maxine Wernick - Friday, 09 February 2018

News - Cybercrime
Cryptocurrency marketplaces hit by range of attacks
Maxine Wernick - Thursday, 08 February 2018

News - Court cases
Tesco trial abandoned after accused has heart attack
Maxine Wernick - Wednesday, 07 February 2018

News - Cybercrime
Cryptocurrency mining rises up list of malware threats
Maxine Wernick - Tuesday, 06 February 2018

News - Investigations
SFO widens Petrofac investigation
Maxine Wernick - Monday, 05 February 2018

Events - General
Fraud, Asset Tracing & Recovery
Maxine Wernick - Monday, 05 February 2018

News - Compliance
Regulators ‘unfairly’ targeting compliance officers
Maxine Wernick - Friday, 02 February 2018

News - Court cases
MEPs approve new rules to speed up asset freezing
Maxine Wernick - Thursday, 01 February 2018

News - Court cases
SEC sues cryptocurrency bank
Maxine Wernick - Wednesday, 31 January 2018

News - Investigations
HMRC to make first prosecutions under Criminal Finances Act
Maxine Wernick - Tuesday, 30 January 2018

News - Regulation
GDPR compliance levels are ‘varied’, EC admits
Maxine Wernick - Friday, 26 January 2018

News - Money laundering
Paradise Papers law firm linked to banned bank
Maxine Wernick - Wednesday, 24 January 2018

News - Cybercrime
More than 10% of money raised in ICOs is stolen
Maxine Wernick - Tuesday, 23 January 2018

News - Research
The top 10 fraud stories of 2017
Maxine Wernick - Friday, 22 December 2017

News - Court cases
US bank freezes US$22bn in Kazakhstan assets
Maxine Wernick - Thursday, 21 December 2017

News - Regulation
GDPR golden nugget Today: How online retailers will be affected
Maxine Wernick - Friday, 29 December 2017

News - Cybercrime
Law firms vulnerable to spoof emails
Maxine Wernick - Wednesday, 27 December 2017

News - Data security
Spectre and Meltdown problems persist
Maxine Wernick - Friday, 19 January 2018

News - Research
Business fraud hits 15-year high
Maxine Wernick - Monday, 15 January 2018

News - Regulation
FINRA sets out priorities as Citgroup fined again!
Maxine Wernick - Thursday, 11 January 2018

News - Regulation
Seismic changes as MiFID II arrives
Maxine Wernick - Wednesday, 03 January 2018

News - Court cases
Big Four auditor found negligent in US$2bn fraud
Maxine Wernick - Thursday, 04 January 2018

News - Regulation
PwC banned from India
Maxine Wernick - Thursday, 11 January 2018

News - Regulation
Lawyer emerges as favourite to chair FCA
Maxine Wernick - Tuesday, 02 January 2018

News - Cybercrime
Global cyberattacks surge by 100% in two years
Maxine Wernick - Tuesday, 16 January 2018

News - Cards and Payments
Businesses urged to stop capturing payment card data
Maxine Wernick - Thursday, 18 January 2018

News - Money laundering
Paradise Papers law firm linked to banned bank
Maxine Wernick - Wednesday, 24 January 2018

News - Cybercrime
More than 10% of money raised in ICOs is stolen
Maxine Wernick - Tuesday, 23 January 2018

News - Cybercrime
Carphone Warehouse fined 400,000 for data breach
Administrator - Wednesday, 10 January 2018

News - Regulation
Citigroup pays US$11.5m to settle share mis-information case
Maxine Wernick - Thursday, 11 January 2018

News - Court cases
Threat to close online casinos
Maxine Wernick - Monday, 08 January 2018

News - Investigations
HMRC to make first prosecutions under Criminal Finances Act
Maxine Wernick - Tuesday, 30 January 2018

News - Money laundering
32% apply for a job as a money mule
Maxine Wernick - Wednesday, 10 January 2018

article thumbnail Features - Data securityWednesday, 22 November 2017

Bank fraud & compliance teams face aftershocks from Equifax breach
The recent massive Equifax data breach is in a class of its own. In the new issue of Fraud Watch we ask industry experts about the repercussions for those of you working in fraud, compliance and AML. What new attacks and threats are your organisation likely to face, and what preventive actions must you take?
We are here to help you navigate this challenging environment.
Subscribe to Fraud Watch today Read more ...

Features - ComplianceWednesday, 15 November 2017

Articles in the latest printed edition of Fraud Watch

– Equifax: Fraud and AML professionals face aftershocks from massive hack
– Financial regulators under pressure. How can they preserve their independence?
– The latest Trojan cyber-threats
– Russian courts used to block foreign corruption allegations - analysis
– The six criminal types that drive money laundering

Read more ...

article thumbnail Features - RiskFriday, 21 July 2017

De-risking threat to financial integrity
FATF and G7 call for more balance to resolve contentious issue that threatens both inclusion and security of the financial system
Faced with increasing AML penalties and compliance costs in business areas such as remittances and charities, some banks have chosen to stop offering services to clients in these sectors. Read more ...

article thumbnail Features - ComplianceThursday, 30 March 2017

AML requirements: Are the stakes increasing?
Financial controls for AML continue to rise up the agenda for regulators on both sides of the Atlantic. Financial institutions in Europe must soon comply with the EU’s Fourth AML Directive, and new US regulations mean firms are increasingly required to put in place an ongoing review and improvement approach to AML monitoring.

Colin Bristow of SAS examines what the future holds for financial controls.
Read more ...

article thumbnail Features - ComplianceMonday, 23 January 2017

Rolls-Royce: Finally some bragging rights for the SFO?
The £671m deferred prosecution agreement with the aero engine maker marks a successful end to the Serious Fraud Office’s  biggest ever investigation, argue Kelly Hagedorn and Jessica Veitch of legal firm Jenner & Block. Read more ...

 
     
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