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.      
Key Words: Ad agencies, transparency, rebates  
Trust Issues: Integrity, Benevolent Concern
 


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 IssuesRisk Tolerance, Interests, Capability
  


Oregon livestock company wins trade-secret injunction 

An Oregon livestock company has won an injunction against a former employee accused of stealing trade secrets to start his own company in China. 

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. 
Key Words: Nigeria, petroleum, Avengers
Trust Issues: Risk Tolerance, Situational Security

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