Search Results for: Cybersecurity
KPMG: What the top considerations for Internal Audit in 2017
February 6th, 2017
Competing in a rapidly changing world, companies must grapple with emerging challenges seemingly every day: cyber threats, emerging and potentially disruptive technologies, business performance risk and more. In this increasingly complex environment, Internal Audit (“IA”) has a crucial role ...
Europol and Global Cyber Alliance team up to fight cybercrime
February 1st, 2017
Europol and the Global Cyber Alliance (GCA)signed a Memorandum of Understanding (MoU) to cooperate on decreasing systemic cyber risk and improving internet security throughout Europe and beyond. The signing ceremony took place at Europol’s headquarters in The Hague. As ...
Deutsche Bank fined $425 million; the Bank allowed traders to engage in a Money-Laundering scheme
January 31st, 2017
The New York State Department of Financial Services (DFS) has issued an announcement to inform for a $425 Million fine imposed to Deutsche Bank. The Bank Allowed Traders to Engage in a Money-Laundering Scheme Using “Mirror Trades” That Improperly ...
Yahoo Faces SEC Probe Over Data Breaches
January 23rd, 2017
U.S. authorities are investigating whether Yahoo Inc.’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter, in what could prove to be a major test in defining when a company ...
EY has awarded US $1m to the 2016 winners of its global program
January 18th, 2017
EY has awarded US$1m to the 2016 winners of its global program, Better begins with you, which recognizes outstanding EY people and teams who have found inspiring and impactful ways to bring the organization’s purpose – building a better ...
Cyber Hack Exposes Law Firms’ Weak Spots
December 29th, 2016
Cyber Hack Exposes Law Firms’ Weak Spots Firms have made strides but still need to do more to shore up cybersecurity, experts say Major U.S. law firms have become more vigilant in recent years about the risks of cyberattacks, ...
South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017
December 27th, 2016
South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Stolen Yahoo Data Includes Government Employee Information
December 15th, 2016
FBI, CIA, NSA, White House workers among hacking victims Former intelligence officers say leak could aid foreign spies More than 150,000 U.S. government and military employees are among the victims of Yahoo! Inc.’s newly disclosed data breach, and their ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...