Friday, October 28, 2016

Old-fashioned vigilance needed to tackle cybercrime

Kay Bell, Fewer fake IRS agent scam calls following India’s raids. “In a typical week, the BBB says its Scam Tracker receives approximately 200 reports on tax scams. But that number dropped to just 11 reports of this scam during the week after the raids and arrests, nearly a 95 percent decline.”

Old-fashioned vigilance needed to tackle cybercrime ( The Australian sat down with Telstra’s chief information security officer Mike Burgess and Palo Alto Network’s regional chief security officer Sean Duca to get a picture of the security landscape, the threats and trends; and how prepared organisations are for keeping hackers at bay. Czech (sic) out the transcript. Old-fashioned vigilance needed to tackle cybercrime 

ATO continues to lean on private sector for tax evasion data

National Intelligence Director Says Data Suggests ‘Nonstate Actor’ Was Behind Cyberattack.
Network experts studying the attack are also starting to rule out usual suspects, such as national governments and online blackmailers. That suggests, they said, the attack was another cry for attention by online attack-for-hire services and their customers looking to make a statement.
“All the arrows point away from any sort of political motivation,” which hurts “the nation-state argument,” said Allison Nixon, a researcher at online-security firm Flashpoint. “Of course, you never know until someone’s got handcuffs on them.”
Evidence instead points to the “loosely knit social circle of kids and young adults” who tend to launch similar attacks, Ms. Nixon said. Flashpoint called comments from online groups like WikiLeaks and the New World Hackers that claimed a connection to the attack “dubious.”

Game theory has long been used to apply mathematical "models of conflict and cooperation between intelligent rational decision-makers."
However, our world has evolved from great power conflicts to one where many of our major problems are spawned not from monolithic blocks of self-interest, but from a vast array of single entities making highly individual choices: from lone wolf terrorists to corrupt officials, tax evaders, isolated hackers or even armies of botnets and packages of malware.
Game theory needs to catch up and new research by mathematicians, led by Professor Vassili Kolokoltsov at the University of Warwick, has just found the way to do that by giving game theory calculations an enormous army of "agents"... Army of agents to tackle corrupt officials, tax evaders, terrorists

Cyber-crime: on an upward trend 

Treating teen hackers like addicts could curb cybercrime 

Are Aussies ready for the world of cybercrime? We look at the best and worst cases 

Jason Dinesen, I Think the Cloud is More Secure than My Laptop. “…in my opinion, there’s a greater likelihood of someone throwing a rock through my window and stealing my laptop or grabbing files off my desk, or of mugging me while I’m walking back to my car from a client meeting and stealing files from me, than there is of Thomson Reuters being hacked.” 

Review of the Enterprise E-Mail System Acquisition, September 30, 2016. Reference Number: 2016-20-080.
“The IRS purchased subscriptions for an enterprise e-mail system [Microsoft] that, as it turned out, it could not use.  

Separating the Tax Wheat from the Chaff

- 'If you think you're too small to make a difference, try sleeping in a closed room with a mosquito'
~ African proverb

 A man without enemies is a dead man. Never worry about tomorrow. Tomorrow, you might inherit a million dollars or be run over by a truck. Or inherit a million dollars and be run over by a truck...

World wildlife ‘falls by 58% in 40 years‘ BBC. Holy
Holy ***** mosquitos

Umbrella companies: the latest way to exploit Britain's temporary workers

COMMUTER CAR: This Daily-Driven Lamborghini Murcielago Has Over 250,000 Miles. “Simon, the owner who lives in England, has had no problem racking up over 258,000 miles on his Murcielago, driving it rain or shine on his 180-mile commute every day.”

Super-size my superyacht: the quest for bigger boats and gadgets Financial Times

Major New Court Ruling Says “Even The President” Can’t Declare Torture Lawful Intercept. “So where are the indictments?”

Country-by-country reporting is about much more than tax Tax Research UK

We Need a Victory of Ideas, Says Jeffrey Sachs On Meeting the Sustainable Development Goals The Wire

'It should also involve global efforts to stamp out tax havens and associated capital flight.'

He knows nothing; and he thinks he knows everything. That points clearly to a political career.
George Bernard Shaw

HMRC to take over work of tax credits firm Concentrix
Lord Finchley tried to mend the electric light
Himself. It struck him dead - And serve him right!
It is the business of the wealthy man
To give employment to the artisan.

A.G. Sulzberger on his new job, transforming The New York Times and the thing that keeps him up at night

Riising obesity drives raid on Super to pay for Surgery

Old Italian “habits” die hard, says Lecturer in Accounting and Taxation at Nottingham University Business School and member of the BEPS Monitoring Group Tommaso Faccio. As if the voluntary disclosure programme they offered citizens less than two years ago wasn’t bad enough, here comes yet another one, less than two years later… Yet another “last chance” for Italian tax evaders to comply with the Italian tax code

How the Trump of the Philippines Just Sold Out His Country to China Daily Beast. Resilc: “Like we haven’t sold out to the Al Sauds, China, Wall St, etc via K Street?” Moi: And Australia is doing in fits and starts right now?
Minxin Pei, China’s Crony Capitalism: The Dynamics of Regime Decay, takes a close look at Chinese corruption, based on a detailed study of two hundred cases

There's no reason why China won't look back at this as the trickle before the stream turns into a river.
~Kenneth Courtis, chairman of advisory firm Starfort Holdings
When a Chinese home-appliance company announced a plan in May to become the largest shareholder in one of Germany's most advanced robot manufacturers, the backlash was immediate. German politicians and European officials denounced Midea Group's offer for Frankfurt-listed Kuka, whose robotic arms assemble Airbus jets and Audi sedans. In a rare public appeal for alternative acquirers, Germany's economy minister argued that Kuka's automation technology needed to stay out of Chinese hands.
How China's dealmakers pulled off a $270 billion global spree

Credit Suisse agrees to $110 million deal to settle Italy tax case Reuters

Number 1 recommendation of Independent UN Expert's report is for a UN Global Tax Body Global Alliance for Tax Justice
Bottled Water or Tap: How Much Does Your Choice Matter? NYT

Bike lock developed that makes thieves immediately vomit Guardian (Dr. Kevin). This will sell like hotcakes
Antiprioritarianism (pdf), by Hilary Greaves

Mantila, showing on his laptop what he said were false news pictures, skewed authority statements and pro-Kremlin online discussions, said his network has verified around 20 cases of clear information operations against Finland from the past few years, and around 30 “very likely” such operations.
“There is a systematic lying campaign going on… It is not a question of bad journalism, I believe it is controlled from the centre,” he said.
Kremlin and Russian foreign ministry officials were not immediately available for a comment.
Foreign Minister Timo Soini has also acknowledged the alleged propaganda, saying the government was countering false information with facts.
“All states engage in propaganda, authoritarian states even more so,” he told Reuters.
Some of the incidents have taken aim at Finland’s independence and at its historical figures.
Putin is the master of Brandolini’s Law.

Kevin Roberts recycled version of Steve Monaghan on exporting ideas and services to world

Brexit steals magic from UK law firms Politico

Margaret Thatcher named worst prime minister of the century Politico

ACLU Wants 23 Secret Surveillance Laws Made Public The Intercept

British Virgin Islands: have they cleaned up since the Panama Papers? Transparency International

Panama Papers: Top arms dealer and son linked to offshore firms in Panama, BVI, Seychelles The Indian Express

Swiss Banking's Reputational Wipeout finews

Swiss banking watchdog says about 15 Swiss banks in money laundering 'red zone' Reuters
See also: Big fines for banks not effective, says Switzerland’s financial regulatory body FINMA's head swissinfo