Scandals such as the Panama Papers, Unaoil, and VimpelCom not only highlight the absolute need for robust customer due diligence (CDD), but have spurred the regulatory momentum for enhanced ownership disclosure and transparency. Failure to comply with the new, stricter regime carries significant reputational and financial risk for both corporations and individuals.

But while the penalties are clearly identifiable, peeling back the complex legal structures designed to conceal Ultimate Beneficial Ownership (UBO) represents a significant challe ...

Financial services organizations around the world are modernizing IT to drive top-line growth and streamline compliance burdens. From multinational brokerage houses to local branch banks, digital transformation initiatives are moving financial institutions toward more secure, agile, and cost-effective infrastructure and applications, empowering workers and improving customer experiences.
Yet modernizing IT everywhere simultaneously presents challenges, which makes choosing the right partner imperative. Today, financial services organizations a ...

Historically credit risk portfolios have been managed within separate lines of business, creating silos of activity separate from market and operational risk. Credit risk models supported the management of loans and workflow – from origination and scoring, to risk grading, price optimization and underwriting. Loss reserves were primarily monitored and managed using internal ratings and factors linked to loan covenants, or otherwise managed through hedging and securitization.

This siloed approach, however, can lead to consequences – as we lea ...

DDoS attacks are on the rise with an estimated growth rate of over 50% per year. Every Internet site and service is at risk - whether by prank, hacktivism, revenge, cyber crime or cyber espionage.
 Increasing multi-vector DDoS attacks are becoming more difficult to mitigate because of the sophisticated ways perpetrators perform these attacks. There are multiple methods used by these attackers that allow even regular people to launch their own attacks. This White Paper is for security and networking professionals charged with protecting their ne ...

The latest industry research from IDG reveals that a majority of IT decision makers are labouring under false perceptions about the severity of DDoS attacks. For example, if the network isn’t down, there’s no problem, right? Wrong! Today’s complex DDoS attacks are difficult to detect, so businesses are not always alerted. In the meantime, DDoS threats are silently flooding websites and applications, slowing down essential services and driving away customers.

Learn about the seven most common misperceptions about DDoS, the inconvenient truth ...