High Technology Crime in UK Law
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Beware the Botnets: Cyber-Security is a Board Level Issue
Today, you would be hard pressed to find an organisation that does not use IT systems and the internet to conduct its business. While technology offers great benefits, it also brings risk. As techn...... ... While technology offers great benefits, it also brings risk. As ... rests with each organisation, it needs to be high on each boards agenda. Its clear that this is no ... educate businesses about the risk of cyber-crime, while at the same time equipping law enforcement ... ...
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A Fine Romance: Forging New Relationships Between The Private And Public Sector
... ... Crime Agency and the National Police Improvement Agency developing ... and installing high technology systems and enhancing intelligence ... ...
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USING TECHNOLOGY TO COMBAT RETAIL CRIME IN THE UK
By Chloe Hersee (London) With retail crime on the rise, an increasing number of retailors are looking at implementing innovative new IT systems to try and combat this growing, expensive problem. In...... ... They also allow a retailer to more accurately identify high-risk outlets and ranges. The costs associated with RFID tagging have recently fallen making it particularly attractive to retailers. Changes to ... ...
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Artificial Intelligence And Economic Crime
...In today's digital age, where technology is ... advancing at an unprecedented pace, the rise of artificial ... they never did. Criminals can use this technology to impersonate ... high-ranking executives to authorise fraudulent transactions. The ... ...
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Part 5: The increasing emphasis of RegTech and FinTech in combating financial crime
2021 Financial crime Outlook series Senior management and boards are increasingly acknowledging the threat of financial crime as a critical risk to their business that must be addressed. This has b...... ... to identify the incoming legislative changes, growing role of technology and the need for an effective regulatory response. This forms part of ... for sanctions name screening: sanctions name screening generates a high proportion of alerts which need to be dispositioned and, more often than ... ...
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Surveying the financial crime landscape in the UK: insights across the market from the annual financial crime return
A DPA can now be entered into in respect of offences under ss 89, 90 and 91 of the Financial Services Act 2012 (FSA). The Crime and Courts Act 2013 (the Act) (Deferred Prosecution Agreements) (A...... ... helpful when considering the adequacy of their identification of high-risk customers and management of suspicious activity reporting by ... higher when accounting for support costs such as information technology expenditure ... - Suspicious activity reporting and interaction with law ... ...
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Cyber-Crime Crooks: Don't Let The Fraudsters Ruin Your Christmas
... ... a serious and growing problem, according to official figures for the High Court which show a 25% rise in data theft cases by disgruntled employees n 2016. Increased reliance on technology has made businesses more vulnerable to theft of large volumes of valuable ... ...
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FCA Business Plan For 2020/2021 Includes Continued Focus On Culture And Financial Crime
... ... where it uncovers serious misconduct, "particularly where there is a high risk of money laundering." ... Some of the areas the FCA will focus on ... According to the Plan, innovation and technology will be key to meeting these goals, including investing in new ... ...
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Economic Crime: the Crown Prosecution Service unveils its strategy
On 30 March 2021, the Crown Prosecution Service (CPS) published an overview of its strategy in relation to economic crime, outlining its high-level goals leading up to 2025. In it, the CPS ambitiou...... ... overview of its strategy in relation to economic crime, outlining its high-level goals leading up to 2025. In it, the CPS ambitiously commits “to ... is now estimated to be cyber enabled, fuelled by advances in technology”9 and Action Fraud reported a 57% rise in cryptocurrency scams during ... ...
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Joining The Dots. An Integrated Approach To Tackling Financial Crime
... ... business capabilities, including strategy, people, processes, technology and data, towards a more unified view of risk ... An integrated ... approach to, and quality of, enhanced due diligence and monitoring of high-risk relationships; and the weighting given to AML risk as considered ... ...
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