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£97 million in fines imposed by European authorities under terms of GDPR

Over 160,000 data breach notifications have been reported across the 28 European Union Member States plus Norway, Iceland and Liechtenstein since the General Data Protection Regulation (GDPR) came into force on 25 May 2018. According to DLA Piper’s latest GDPR Data Breach...
Posted On 20 Jan 2020
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Fifth AML Directive means firms must review anti-money laundering processes

The fifth Anti-Money Laundering Directive comes into force today, which means that law firms have to make changes to the way in which they work to help keep the proceeds of crime out of legal services. Around 7,000 firms regulated by the Solicitors Regulation Authority (SRA) are...
Posted On 10 Jan 2020
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NCA agrees £190 million settlement in wake of frozen funds investigation

The National Crime Agency (NCA) has agreed a settlement figure with a family that owns large property developments in Pakistan and elsewhere. The £190 million settlement is the result of an investigation by the NCA into Malik Riaz Hussain, a Pakistani national whose business is...
Posted On 04 Dec 2019
Nicola Sharp
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The European Union’s Plan to Tackle Money Laundering

It now appears that the European Union (EU) is convinced of the need for a central authority to tackle the scourge of money laundering. Here, Nicola Sharp explains why the EU’s new proposals for investigating this form of criminality cannot come soon enough. EU finance ministers...
Posted On 28 Nov 2019
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“Lack of automation” revealed as underlying security challenge in digital transformation initiatives

FireMon has released its 2019 State of the Firewall report, which is seen as the annual benchmark of current issues in firewall management. The latest report finds that enterprises are slow to abandon manual processes, despite being short staffed, as the lack of automation,...
Posted On 13 Nov 2019
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Body-Worn Cameras: The Smart Technology Response to Retail Crime

Shocking new figures show that attacks on retail workers in the UK are on the rise, with over 42,000 violent incidents recorded in the last year alone. These attacks are costing retailers a staggering £900 million, at the same time placing the mental health of retail workers and...
Posted On 08 Nov 2019
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£100 million Account Freezing Orders “largest granted” to National Crime Agency

The National Crime Agency (NCA) has been granted Account Freezing Orders (AFOs) on eight bank accounts containing a total of more than £100 million which is suspected to have been derived from bribery and corruption in an overseas nation. The AFOs were obtained at Westminster...
Posted On 14 Aug 2019
Syedur Rahman
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Are Bribery and Corruption Being Overlooked by UK Authorities?

A new report published by the Fraud Advisory Panel alleges that the authorities are overlooking bribery and corruption in the UK. Syedur Rahman argues that, while some criticism is justified, the real picture isn’t quite so clear cut. According to the Fraud Advisory Panel,...
Posted On 24 Jul 2019
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NHS Counter Fraud Authority outlines four priority action areas for 2019-2020

Each year, the NHS Counter Fraud Authority (NHSCFA) sets a number of priority areas for action based on the organisation’s latest evaluation of available intelligence on the fraud risks facing the NHS. The Authority’s strategic intelligence assessment based on data for the...
Posted On 10 Jun 2019
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TrustArc research details privacy attitudes 12 months on from GDPR enforcement

TrustArc has unveiled the findings of an online study conducted by Ipsos MORI, the global research and consulting firm, on behalf of the data privacy management business. The survey polled individuals aged 16-75 in the UK about a number of issues surrounding the EU’s...
Posted On 07 Jun 2019