18.3 C
London
Tuesday, August 22, 2017
Home Tags Brussels

Tag: Brussels

What do Brussels and Albany have in common? The answer is Albany, but where’s that? you’re probably asking. It’s a sleepy city that poses as the capital of New York State. Kind of like Brussels, which poses as the capital of Europe. Well, they now have something else in common. Both capitals have jumped the line to be at the vanguard of cyber regulation.The General Data Protection Regulation, commonly referred to as GDPR, is getting a lot of attention. It affects all industries and all companies globally who want to do any business in Europe. This regulation has been on people’s minds for years, a long buildup, with very little in there to surprise us. It is to be enforced starting in May 2018. And it’s got some teeth. Not a mere couple million dollar fine – the fines are scores of millions of dollars all the way up to 4% of revenues! Ouch. That gets my attention. It’s not just the defects that are in the nine digits, but the regulatory penalties too.To read this article in full or to leave a comment, please click here
Parent company Alphabet has yet to lodge an appeal against the EU's penalty.
Nuvias deal signifies strong commitment to further growth in Benelux Benelux distributor DCB ready for major growth, following deal with pan-EMEA high value distributor Nuvias. London and Brussels: 11/7/17: Nuvias Group, the pan-EMEA, high value distri...
Brussels event on 4th October 2017 unites experts in digital security/cybercrime, ICT and the transport industry to highlight threats and discuss solutions Brussels, 24 May 2017 – A key conference in digital security for the rail industry has been announced for later this year.
Set to take place on 4th October 2017 in Brussels, the CyberSecurity4Rail event will bring together experts in cybercrime and digital security, plus leaders in ICT and representatives from transport and... Source: RealWire
Facebook says it couldn't automatically match WhatsApp accounts; EC disagrees.
Trio given one month to clean up fraud, scams, and make other fixes.
Hit Rail’s support for AlmavivA’s project with Italy’s Infrastructure Manager RFI leads to closer cooperation Brussels, 06 March 2017 – A new strategic cooperation agreement between interoperability experts Hit Rail b.v. and AlmavivA, Italy’s leading provider of ICT services for the transportation and logistics sector, is set to bring increased connectivity and high performance systems to the railway industry in the face of new European Technical Specifications for Interoperability (TSI) in both passenger and freight... Source: RealWire
Tech giant claims the EC isn't playing fair over its demands to pay Ireland $13.7 billion.
Hit Rail’s Hermes VPN provides enhanced connectivity for improved passenger information and reservation services for NS and partners Utrecht/Brussels, 21 February 2017 – International rail connectivity specialist Hit Rail B.V. has signed a three-year contract with Dutch railway operator NS to improve and upgrade its connectivity with other rail organisations through use of Hit Rail’s MPLS-based Hermes VPN (Virtual Private Network).

The agreement also covers the migration of the company’s connectivity with international ticketing joint... Source: RealWire
A 14-year-old Pittsburgh resident failed to hack Zaventem airport just hours after last year's terrorist attacks that killed 32.

eProseed will participate as a Supporting Partner in the 11th MENA Regulatory Summit on February 5th & 6th in Dubai, United Arab Emirates.

The summit will cover the main topical challenges faced by the regulatory authorities and the GRC community, a debate in which eProseed has a pivotal role to play as the publisher of FSIP, a comprehensive financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities.

The 11th MENA Regulatory Summit will take place in Dubai, UAE, in association with the Dubai Financial Services Authority (DFSA) and under the patronage of H.E.
Sultan bin Saeed Al Mansouri, the UAE Minister of Economy.

Formerly known as the GCC Regulators' Summit, the event has been renamed in an effort to ensure the utmost involvement of the governance, risk and compliance (GRC) community across the MENA (Middle East and North Africa) region, and to expand the dialogue to neighboring countries that share the same topical risk challenges and regulatory outlook.

eProseed logo

"With increasing demands from many international regulatory bodies, financial supervisory authorities are required to monitor the compliance of their financial institutions against numerous new national and international requirements.
In the MENA region, the recent macroeconomic developments have also triggered an unprecedented demand for collection of high precision data at high frequency from all financial institutions to support a better risk based supervision", comments Geoffroy de Lamalle, Chief Executive Officer of eProseed.

MENA: an increasing role in global compliance and combating financial crime
The 11th MENA Regulatory Summit will be attended and supported by regional and international regulators, financial services professionals, law practitioners, advisors and market players.

The participants will highlight the recent macroeconomic developments in the MENA region including the US election, Brexit aftermath, regional regulatory responses to the financial crisis, the digital revolution in financial services, block chain technology, and crowd funding.

The speakers will set the landscape for international anti-financial crime trends, FATF perspective on terrorist financing and emergent types of financial crimes, and the dangers of withdrawal of correspondent banking relationships. Panelists will also discuss trade-based money laundering and trade finance activities, compliance culture, business conduct, business ethics, and compliance conflicts.

eProseed, the Solution Provider for Financial Supervision
Leveraging the proven expertise in developing and implementing end-to-end business solutions based on Oracle's world-class software technology stack and a close collaboration with major Financial Institutions and Regulators, eProseed has developed eProseed Financial Supervision Insight Platform (FSIP), an end-to-end financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities.

"In essence, eProseed FSIP is a comprehensive, highly agile, and plug-and-play financial supervision solution, enabling efficient and pro-active collection of high precision data at high frequency from all financial institutions, as well as automating and integrating all regulatory and supervisory functions in one single software solution", says Geoffroy de Lamalle.

About eProseed
eProseed is an ICT services provider and a software publisher. Honored with 8 Oracle ACE Directors and 14 Oracle Excellence Awards in the last 7 years, eProseed is an Oracle Platinum Partner with in-depth expertise in Oracle Database, Oracle Fusion Middleware and Oracle Engineered Systems.

eProseed’s portfolio of business applications and business accelerators is built on state-of-the-art, reliable technologies and sound knowledge of today’s challenges, developed and maintained with the highest standards in mind.

Comprehensive training and support are provided by eProseed’s experts for both applications and underlying technologies.

Headquartered in Luxembourg, in the heart of Europe, eProseed has offices in Beirut (LB), Brussels (BE), Dubai (AE), London (UK), New York (USA), Porto (PT), Riyadh (SAU), Sydney (AU), and Utrecht (NL).

***

Contact
Alexandra Toma
Email: alexandra.toma@eproseed.com
Phone: +40 767 670 566
www.eproseed.com

The families of three Americans killed in ISIS terror attacks are suing Twitter for allegedly knowingly providing support for the terrorist group and acting as a “powerful weapon for terrorism.” The suit was filed over the weekend in a federal court in New York City on behalf of the relatives of three U.S. nationals who were killed by ISIS in the March 22, 2016, terrorist attacks in Brussels and the Nov. 13, 2015, terrorist attacks in Paris.

At least 32 people died in the Brussels attack and about 130 in the attack in Paris. The suit alleges that Twitter has violated, and continues to violate, the U.S.

Anti-Terrorism Act.

The plaintiffs are asking for a jury trial and monetary damages to be determined at trial. Twitter did not reply to a request for comment. “Twitter’s social media platform and services provide tremendous utility and value to ISIS as a tool to connect its members and to facilitate the terrorist group’s ability to communicate, recruit members, plan and carry out attacks, and strike fear in its enemies,” the suit alleges. “ISIS has used Twitter to cultivate and maintain an image of brutality, to instill greater fear and intimidation, and to appear unstoppable ...” The lawsuit also contends that specifically for the Brussels and Paris attacks, ISIS used Twitter to issue threats, as well as to announce and celebrate the attacks. The lawsuit was filed by the family of siblings Alexander Pinczowski and Sascha Pinczowski, who were killed in Brussels, and the family of Nohemi Gonzalez, who was killed in Paris. Last year, another lawsuit was filed by Gonzalez’s father against Twitter, Facebook and YouTube for allegedly knowingly allowing ISIS to “use their social networks as a tool for spreading extremist propaganda, raising funds and attracting new recruits.” In December, the families of three victims of the June shooting at the Pulse nightclub in Orlando, Florida, sued Facebook, Twitter and Google, the owner of YouTube, for allegedly ”providing support to the Islamic State.” Forty-nine people were killed in the attack. The question, if either case goes to trial, is whether a social network can be held responsible for the actions of any of its users. “While I certainly can sympathize with the families, it’s hard for me to see how Twitter can be held responsible for the rise of ISIS and their terror activities,” said Dan Olds, an analyst with OrionX. “Let’s imagine the world a few decades ago, before the internet. Would someone try to hold AT&T responsible for criminal activities that were planned over the telephone? Or is the printing press manufacturer responsible for magazines that encourage terrorism that were printed using presses they built and sold? “ In response to the attacks, Twitter took steps to prevent terrorists from using its network. In August, the company reported that in the previous six months, it had suspended 235,000 accounts for violating its policies related to the promotion of terrorism. That was in addition to 125,000 accounts that been suspended since mid-2015, bringing the total number of terrorist-related suspended accounts to 360,000. “We strongly condemn these acts and remain committed to eliminating the promotion of violence or terrorism on our platform,” the company said in a blog post at the time. Judith Hurwitz, an analyst with Hurwitz & Associates, said it would be a significant challenge for Twitter to keep terrorists completely off its site. “Perhaps Twitter could do a better job identifying users who are terrorists,” she said, saying the company would likely need advanced machine learning tools to weed out the bad players. “Of course, it would have to be advanced… Remember that terrorists are very good at adapting.
If they are thrown off of the system, they can come back with a different persona and try to game the system.” Brad Shimmin, an analyst with Current Analysis, said social networks like Twitter, Facebook and Google can’t be held responsible for their users’ actions. “There is no way of effectively policing those sites based upon affiliation or behavior,” Shimmin said. “Twitter itself has gone to some extreme measures to single out and remove accounts engaged in this sort of thing.

That will help, and I think such efforts are a moral responsibility for Twitter and other social networking vendors, but those actions can’t rule out future misuse.” Olds said it would be impossible for Twitter to keep terrorists from using its site 100% of the time, but the company could do a better job of curtailing it. “Terrorist messages should be able to be rooted out with some solid language processing software,” Olds said. “I’d like to see them do more along these lines.

The technology is there, they just need to adapt it to anti-terrorist tasks.” If Twitter loses the lawsuit and is ordered to pay significant damages, the impact on other social networks would be chilling, he said. “Social networks would be forced to keep a much closer eye on user activities and crack down on anything that could be interpreted as ‘bad,’ “ Olds said. “The end result would be self-imposed censorship on the part of the nets, which would greatly upset many users.

But I just don’t see this happening—at least not with this case.” This story, "Families of ISIS victims sue Twitter for being 'weapon for terrorism' " was originally published by Computerworld.