Europol Report highlights increased global cybercriminality, threats with NFC and Blockchain payments

Europol released its 2016 Internet Organized Crime Threat Assessment Report on cybercrime today and the results are more disturbing than last years’ report. The Report can be accessed here. Generally, the Report findings were that the volume and scope of cybercrime has reached very high levels and now surpasses regular non-online crimes. The Report made [...]

American Banker – Why banks should be concerned about hackers taking on counter terrorist financing

In case you missed it, our article in American Banker‘s Bank Think entitled “We Shouldn’t Be Relying on Hackers to Stop Terrorism Financing” can be read here. The article discusses the recent phenomena of hackers in #OpISIS taking down the websites of the Islamic State and their stated promise to go after banks engaged in [...]

Canada’s New Anti-Terrorism Act, 2015 – Bill C51

1. New Anti-Terrorism Act, 2015 The Government of Canada introduced its anticipated anti-terrorism legislation in Parliament. Bill C-51, entitled “An Act to Enact the Security of Canada Information Sharing Act and the Secure Air Travel Act” … (the “Anti-Terrorism Act, 2015“) which is intended to arm the government with broader powers to address the increasing threat of [...]

Sanctions world first ~ US imposes sanctions against North Koreans for private sector and over cyberhack incident

Economic sanctions ordered Today, the US announced it is imposing economic sanctions against certain individuals  and entities in North Korea over the Sony cyberhack. The so-called Sony sanctions appears to represent the first time in history that sanctions have been imposed (a) solely in response for, or over a, private sector dispute / issue; and [...]

From Russia with Love – the elusive female terrorist and Russia’s sweeping new anti-terrorism laws

“From Paris With Love”  In a weird case of real life emulating fiction, the mass hunt for the alleged prospective suicide bomber, the so-called “black widow” of Chechnya, Ruzana Ibragimova, before the Sochi Olympic Games is playing out a little like the film “From Paris With Love“, the fictional story of a beautiful female terrorist [...]

Potential liability over terrorist attacks on critical infrastructure for private and government participants

Terrorists will target critical infrastructure Study after study makes one thing clear – the West remains ill-prepared to defend against a terrorist attack to critical infrastructure. That makes it obviously vulnerable, but it also exposes government agencies and the private sector (who own or manage upwards of 80% of critical infrastructure in some areas), among [...]