UK trio sentenced for phishing scam

Concept image of URL bar and fishing hook representing phishing

Three men in the UK have been convicted of a phishing scam that stole millions of pounds from victims. Ayodeji John Kareem, Vincent Alonge and Babatunde Fafore have been jailed for a total of 13 years and six months for orchestrating the scam.

The scam involved sending emails purporting to be from customers’ banks directing the customers to bogus websites, where they were asked to enter their bank account details.

According to the Metropolitan Police in London, the scam compromised more than 900

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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