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Trust Digest 142 (June 6, 2016)
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Trust Digest 142 (June 6, 2016)
Probe Said to Find Rebates Lurking Behind U.S. Ad Deals
Marketing trade group’s report is expected to stoke concerns about industry’s transparency.AP Wisconsin Supreme Court to Rule on Predictive Algorithms Used in Sentencing
Ruling would be among first to speak to legality of risk assessments as aid in meting out punishments.
Key Words: Risk assessments, algorithms, criminal conduct
Trust Issues: Risk tolerance, Benevolent Concern, Capability
NY Fed first rejected cyber-heist transfers, then moved $81 million
Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.
Key Words: NY Fed, Bangladesh Bank, cyber thieves
Trust Issues: Risk Tolerance, Situational Security
The Unexpected Regulatory Threat to Global Trade
EU has included trade finance instruments in list of bank liabilities that could be at risk if a bank goes under.
Key Words: Global commerce, EU regulations, bank bailouts
Trust Issues: Risk Tolerance, Interests, Capability
Oregon livestock company wins trade-secret injunction
Key Words: Trade Secrets
Trust Issues: Situational Security, Integrity, Similarities
Sports Direct boss Mike Ashley ‘will go before MPs’
Sports Direct has been criticised for working conditions at the warehouse, including employing staff on zero-hour contracts.
Key Words: Sports Direct, worker conditions
Trust Issues: Benevolent Concern, Integrity
‘Niger Delta Avengers’ Sabotage Oil Output
The group’s attacks have cost Nigeria its position as Africa’s largest producer and helped push up crude prices.