Editorial credit: Shutterstock.com The Centre for Finance, Innovation and Technology (CFIT) has formed an industry coalition to fight economic crime through enhanced verification. The coalition aims to assemble specialists from diverse sectors…
Tag: crime
UK’s ‘world-first’ cyber crime act to stomp out mobile fraud and hacks
The UK has implemented ‘world-first’ mobile security laws under the Product Security and Telecommunications Infrastructure Act in a fresh attempt to tackle cyber crime and fraud in the country. The Department for…
Featurespace joins The Knoble crime prevention initiative
Credit: Valery Evlakhov / Shutterstock Fraud and fintech prevention technology developer Featurespace has become the latest member of The Knoble, a cross-sector anti-human crime association. The duo have mapped out a joint…
Chainalysis: Crypto crime down 39% in 2023 but new tactic emerges
credit: Shutterstock Still feeling the effects of the crash in 2022, last year was a year of recovery for the crypto sector but one silver lining for 2023 was the decrease in…
UN: Crypto and casino ‘point of least resistance’ for SE Asia crime groups
The United Nations has taken aim at the cryptocurrency and casino sectors as a ground for money laundering activity by Southeast Asian criminal organisations. A report published this week has highlighted a…