Ex-JPMorgan banker faces Hong Kong bribery charges over ‘princeling’ hires  

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News HONG KONG (Reuters) – JPMorgan’s former Asia investment banking vice-chair Catherine Leung has been charged with two counts of bribery by Hong Kong’s anti-corruption watchdog for offering a job to the son of a potential client. Leung allegedly offered employment to the

Bosch settles German diesel-engine probe for US$100 million 

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Robert Bosch GmbH agreed to pay 90 million euros (US$100 million) to end a probe by German prosecutors into rigged diesel engines, following much more costly settlements by its customer Volkswagen. Bosch is being fined for “negligent breach of supervision duties,” the prosecutor’s

Baltimore government held hostage by hackers’ ransomware  

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The US city of Baltimore’s government, long plagued by dysfunction, is now battling a ransomware attack that has crippled its systems for more than two weeks and counting. Hackers breached the Maryland city’s servers on 7 May and demanded $100,000 (£79,000) worth

San Francisco State U. to Launch Grad Certificate in AI Ethics

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News San Francisco State University has developed a graduate program in artificial intelligence (AI) ethics. According to an article at the Wall Street Journal (registration, but no subscription, required to view), the program is one of the first of its kind, and aims to educate graduate

US Corruption List Highlights Northern Triangle Presidents’ Criminal Ties

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News A new US list of corruption suspects in Central America includes officials with ties to sitting presidents — an important step in recognizing how deeply corruption has penetrated these countries’ governments. In the new corruption report, the US State Department accuses more than

Would you pay $1m for a laptop full of malware?  

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News A laptop deliberately infected with six notorious strains of malware, including WannaCry and ILoveYou, is being auctioned in the US as an art project. At time of writing, the highest bid for the device was $1.1m (£800,000). The auction states that the

Looming Terrorism Threats as TRIPRA Expires in 2020 

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The global property terrorism insurance market remains strong with sufficient capacity to respond to today’s predominant terrorist threats, according to the 2019 Terrorism Risk Insurance Report. Continued stability of the US property terrorism insurance market, however, is a point of focus as the Terrorism

WA Parliament House $1.8 million security boost rejected despite reports of potential terror risk  

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Large concrete bollards were installed in front of the West Australian Parliament after authorities received intelligence of a security risk to the building. Key points: The concrete soak wells were urgently installed in November last year But Premier Mark McGowan rejected a

Fake news unstoppable: ‘Cyber warriors’ sway election  

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News India’s election watchdog says it has forced Facebook, Twitter and YouTube to take down hundreds of posts during the country’s election but experts say it is just a drop in an ocean of misinformation that has engulfed voters. The ruling Hindu nationalist