Law

London, UK; 6th September 2022: The majority (57%) of financial services professionals are only ‘somewhat confident’ in their anti-money laundering procedures. That’s according to a survey from anti-money laundering tech scaleup, First AML, which surveyed 200 financial services professionals across the UK.

The survey found that 52% of respondents have identified an instance of money laundering in the last year, with 23% identifying more than one. Anti-money laundering is also moving up the company agenda at almost three quarters (73%) of financial services companies.

28 June 2022 – Ransomware detections in the first quarter of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found that the Emotet botnet came back in a big way, the infamous Log4Shell vulnerability tripled its attack efforts and malicious cryptomining activity increased.

Lund, Sweden, 21 February 2022 – Broadband operators must now seize the opportunity to access existing in-building coaxial network infrastructure, to achieve quicker and less labor-intensive installations for MultiGigabit speed connectivity in multi-tenant environments, following a US Federal Communications Commission (FCC) ruling.

Reading, UK. — 20th October, 2020 — VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today released the results of its sixth Global Incident Response Threat Report, entitled: “The Cybersecurity Tipping Point: Election, COVID-19 Create Perfect Storm for Increasingly Sophisticated Cyberattacks.”

Cambridge UK, Tuesday 4 June 2019 – Demonstrating the increasing global emphasis on improving data privacy following the introduction of the GDPR one year ago, 16 countries and 13 US states have plans to introduce similar legislation, Redgate analysis has found. Along with the current 28 member states of the EU, this means that over 62% of the world’s population will be protected by tougher data privacy laws moving forward.

Crawley, UK, May 22, 2019 – A year after the GDPR came into effect, a new study suggests many UK businesses are struggling to process requests from customers who are exercising their right to access the personal information stored about them. Of 37 businesses evaluated, primarily large financial services organizations, utilities and telcos, around a third (12) were found to be non-compliant, with five overshooting the time limit of one month that is specified by the regulation.  

London, UK, 26th March 2019: 81% of businesses are likely to review or update existing business processes and software as a result of Brexit, a survey from Eggplant, the customer experience optimization specialist today revealed. The survey also found that 65% of organizations believe it is certain or very likely that Brexit will impact software systems and processes.

When it comes to an organization’s systems, 57% believe the impact of Brexit to be far more complex to prepare for than Y2K/the Millennium Bug, a problem in the coding of computerized systems that was projected to create havoc in computers and computer networks around the world at the beginning of the year 2000.

San Mateo, December 05, 2018 - Over a year on from the European Commission’s antitrust ruling which forced Google to open up its shopping service to outside competitors, new Searchmetrics research suggests a third of ads within Google Shopping boxes are coming from providers other than Google. But the majority of these (23% of all ads) seem to be from digital marketing agencies profiting from Google Shopping’s revamped auction model. Only around 9% are from the traditional comparison shopping sites (CSSs) that the EU’s ruling was originally intended to support.

"An agency that has no power to regulate has no power to preempt the states, according to case law. When the FCC repealed the 2015 Open Internet Order, it said it had no power to regulate broadband internet access providers. That means the FCC cannot prevent the states from adopting net neutrality protections because the FCC’s repeal order removed its authority to adopt such protections."

- Barbara van Schewick, Stanford Law professor, Quoted by Karl Bode , Why feds can’t block California’s net neutrality bill, The Verge, Oct 2, 2018.