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16th October 2017

Wi-fi security flaw ‘puts devices at risk of hacks’

The wi-fi connections of businesses and homes around the world are at risk, according to researchers who have revealed a major flaw dubbed Krack. It concerns an authentication system which is widely used to secure wireless connections. Experts said it could leave “the majority” of connections at risk until they… Read More

16th October 2017

How extremists smuggled $1bn in cigarettes to finance terror

Smuggling cigarettes has become such a profitable business for extremist groups, so much that former Algerian military commander of al-Qaeda in Maghreb extremist Mokhtar Belmokhtar was also known as Mr. Marlboro. More than three quarters of all cigarettes smoked in Libya are illicit, as over 13 billion cigarettes in the… Read More

16th October 2017

Trump refuses to certify Iran deal, imposes new sanctions

United States President Donald Trump has refused to continue signing off an international major nuclear deal with Iran, saying it has not abided with terms of the agreement and continues to support terrorism. Trump also imposed new sanctions on Iran’s Islamic Revolutionary Guard Corps (IRGC), which he… Read More

13th October 2017

Iranian general threatens to ‘bury’ Donald Trump

A senior commander in Iran’s Quds Force, the overseas arm of the powerful Islamic Revolutionary Guards Corps (IRGC) has said that his forces have “buried many” like Donald Trump, and the US President’s threats against Iran will “damage” America. “We are not a war-mongering country. But any military action against… Read More

13th October 2017

SWIFT says hackers still targeting bank messaging system

Hackers continue to target the SWIFT bank messaging system, though security controls instituted after last year’s $81 million (60.96 million pounds) heist at Bangladesh’s central bank have helped thwart many of those attempts, a senior SWIFT official told Reuters. “Attempts continue,” said Stephen Gilderdale, head of SWIFT’s Customer Security Programme,… Read More

13th October 2017

S.Africa court rules President Zuma must face corruption charges

South Africa’s President Jacob Zuma must face charges of corruption, fraud, racketeering and money laundering, the Supreme Court of Appeal has ruled. It agreed with a lower court ruling last year that prosecutors could bring back 783 charges relating to a 1999 multi-million dollar arms deal. The charges had been… Read More

13th October 2017

Bank fraud: why scammers want to steal your account

Fraudsters using stolen details to open impostor bank accounts is an increasingly prevalent form of crime. Criminals are using tactics to commit identity fraud and open bank accounts in your name – either to house the proceeds of a scam they’ve successfully carried out, to drain your overdraft or… Read More

13th October 2017

Former Portugal PM Jose Socrates indicted over money laundering

SKY NEWS A former Portuguese prime minister has been indicted on graft and money laundering charges as part of a vast corruption investigation. Jose Socrates has repeatedly denied wrongdoing and has dismissed charges contained in a more than 4,000-page indictment as politically motivated. Issued after a four-year inquiry, it accuses… Read More

12th October 2017

Barclays chief compliance officer Roemer quits for Wells Fargo

12 October 2017 By Carolyn Cohn, Roopal Verma, REUTERS Barclays’ chief compliance officer Michael Roemer is leaving to take up the same role at US bank Wells Fargo (WFC.N), the two banks said on Thursday. Roemer will leave Barclays at the end of this month, the British bank said in… Read More

12th October 2017

Trump resists pressure to soften on Iran nuclear deal

President Donald Trump finds himself under immense pressure as he considers de-certifying the international nuclear deal with Iran, a move that would ignore warnings from inside and outside his administration that to do so would risk undermining US credibility. Trump is expected to unveil a broad strategy on confronting Iran… Read More

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