PwC fined $25m for whitewashing bank's sanctions violations
August 19, 2014 - PricewaterhouseCoopers has been fined $25 million by New York State's financial watchdog after it sanitised a report for regulators into anti-money laundering at Bank of Tokyo-Mitsubishi UFJ (BTMU).
Hexaware Launches Groundbreaking Engine iFraudEngine for Fraud Detection in the Insurance Industry
June 19, 2014 - Ground-breaking technology developed by Hexaware Technologies, a leading global provider of IT, BPO and consulting services, will save the insurance industry significant savings in the range of 3-7% of the current Gross Premium Revenues. Its new fraud analytics solution is the first of its kind and its unique features provides insurers unmatched fraud management capabilities and visibility.
Capita Managed IT Solutions to create 400 jobs
May 8, 2014 - Capita Managed IT Solutions has announced that it is to create 400 jobs in a £29.9m investment over the next three years.
2014 Could be a Year of Substantial Change in Securities Litigation According to PwC
April 14, 2014 - According to the 18th annual Securities Litigation Study released today by PwC US, 2013 was a year in which certain announcements by the SEC and cases pending before the U.S. Supreme Court suggest that 2014 could bring changes on both the litigation and enforcement front.
Certification Holders ISACA Introduces Open Badges for Certification Holders
April 2, 2014 - ISACA, a global association of 110,000 IS security, assurance, governance and risk professionals, has implemented web-enabled credentials called open badges for individuals who have earned the Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT) and/or Certified in Risk and Information Systems Control (CRISC) certifications.
New ISACA Guide Shows How Updated COSO Framework Relates With COBIT 5
March 27, 2014 - A new guide released today by ISACA shows how the latest versions of the COSO Internal Control—Integrated Framework and COBIT relate and helps professionals who use both frameworks to create business value for enterprises in all industries and geographies.
BOK Financial Corporation Selects ACH Alert for Fraud Protection Technology
March 11, 2014 - ACH Alert, a comprehensive provider of ACH and wire risk management services, has partnered with BOK Financial to roll out proven, award-winning fraud protection services for BOK's customers.
PwC's Survey Indicates a Greater Occurrence of Fraud in U.S. Companies Compared to the Rest of the World
February 19, 2014 - More than half of U.S. organizations that experienced fraud in the last two years reported an increase in the number of occurrences, according to the Global Economic Crime Survey 2014 released today by PwC US, representing a continuing upward trend in the occurrence and detection of economic crime. Forty-five percent of organizations in the U.S. suffered from some type of fraud in the past two years, more than the global average of 37 percent.
