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Newsletter 1st June 2021 26 | i-AML Israel Anti-Money Laundering

Newsletter

June 2021 1st Edition

Featured Articles

U.S. to give ransomware hacks similar priority as terrorism

The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters. Internal guidance sent on Thursday to U.S. attorney’s offices across the country said information about ransomware investigations in the field should be centrally coordinated with a recently created task force in Washington. “It’s a specialized process to ensure we track all ransomware

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The Super Rich Are Choosing Singapore as the World’s Safest Haven

Money is sloshing around Singapore like never before. Family offices, Bentley sales and real estate prices are booming. When Singaporean car dealer Keith Oh first read the Facebook message, he wasn’t sure it was real. A Chinese client ordered a S$1.1 million ($830,000) Bentley—sight unseen—over the social network. “They just

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