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The key message following the aftermath of the WannaCry ransomware cyber attack which infected more than 230,000 computers in over 150 countries is clear: financial advisers and firms cannot afford to be complacent and need to ensure they do all they can to protect their organisations.
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ICC's Business Action to Stop Counterfeiting and Piracy (BASCAP) has again stressed the need for dialogue between the various groups involved in IP value and distribution chains to accelerate the development of anti-counterfeiting solutions and best practices.
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London and Kuala Lumpur, 4 May 2017 – Pirates and armed robbers attacked 43 ships and captured 58 seafarers in the first quarter of 2017, slightly more than the same period last year, according to the latest ICC International Maritime Bureau (IMB) piracy report.
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Banks and financial firms have received discounts of £1.2 billion on fines imposed by the UK Financial Conduct Authority (FCA) in the last four years, recently released data by the think-tank New City Agenda has revealed.
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Financial organisations are under threat by cybercriminals looking to exploit alternative lending and payment models by taking advantage of the time delays inherent in reporting loan agreements to credit bureaus. This results in substantial financial gain for these criminals.