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DLA Piper has been hit by a major cyber attack, which has knocked out phones and computers across the firm. The shutdown appears to have been caused by a ransomware attack, similar to the WannaCry attack that hit organizations such as the NHS last month. DLA’s phone system has not been working for much of […]
The White House formally nominated Christopher Wray to be the next FBI Director by sending his nomination to Senate for confirmation. Wray released a written statement Monday evening, saying he was “honored and humbled” by Mr. Trump’s nomination. via Christopher Wray FBI Director nomination formally submitted by White House – CBS News
Bart Schwartz, chairman of professional monitoring firm Guidepost Solutions LLC, was appointed by the government as a receiver for two of Platinum’s three hedge funds after prosecutors in December accused leaders of the firm of running a more than $1 billion fraud. The six men pleaded not guilty to criminal and civil charges. However, Schwartz […]
A divided U.S. appeals court handed the U.S. Securities and Exchange Commission a victory on Monday over how it appoints its in-house judges in a decision that could pave the way for the Supreme Court to resolve the matter. In a 5-5 split, a panel of 10 judges for the U.S. Court of Appeals for […]
The Serious Fraud Office has enlisted a robo-investigator that trawls case files faster than human sleuths at a fraction of the cost. Ravn artificial intelligence software was used by the department to save thousands of man-hours in its investigation into corruption at Rolls-Royce, which led to a £671 million settlement in January. via Serious Fraud […]