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FBI pushing private firms to ban Kaspersky products: report

A push to make private US companies give up the use of products from Kaspersky Lab is in progress, with the FBI holding briefings for firms and telling them that intelligence shows the Russian company is a threat to national security.

Australia moves to regulate bitcoin exchanges

Australia has said it will move to regulate exchanges that deal in the cryptocurrency bitcoin, as part of its crackdown on money laundering and terrorist financing.

CBA chief Narev to walk the plank by end of June 2018

Commonwealth Bank chief executive Ian Narev will bid goodbye to the organisation by the end of June 2018 in the wake of the allegations of violating money-laundering and counter-terrorism financing laws levelled by AUSTRAC.

Facebook attempts to enter China through the back door

Facebook is attempting to quietly worm its way into China with the release of a photo-sharing app named Colorful Balloons through a local company.

Uber drivers finding ways to trick system: study

Uber drivers have found ways to trick the algorithms that are used to regulate them to cause "surge pricing" by organising mass switch-offs and giving the system the impression that less cars are in operation that actually are operating.

IBM, Red Hat among firms lining up to build Trump's vetting system

A large number of prominent technology and other firms — among them IBM, Red Hat, Lexis Nexis, SAS, Unisys, Deloitte, Booz Allen Hamilton and PwC — have attended presentations that detailed a plan to build a system that uses data mining to implement US President Donald Trump's "extreme vetting" to screen immigrants coming into the US.

CBA blames faulty code for alleged law violations

The Commonwealth Bank has blamed coding errors in a software update for its Intelligent Deposit Machines for its allegedly falling foul of Australian money-laundering and terror-financing laws.

CBA on the hook over money-laundering charges

Automated cash-deposit machines are being blamed for the Commonwealth Bank allegedly violating Australian anti-money laundering and counter-terrorism financing laws.

'Real people' need no encryption: UK home secretary

In what is the latest attempt by a politician to argue against the use of encrypted apps by the general public, UK home secretary Amber Rudd has penned an article in which she says that "real people" do not need end-to-end encryption.

Apple bows to Chinese laws again, removes VPN apps

Apple has confirmed that it removed a number of VPN apps from the mainland China version of its App Store because they contravene a recent law issued by China that bans the use of private VPNs.

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