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"It was the computer wot done it, guv," is the latest excuse to come out of a major bank caught with its money laundering knickers around its ankles.

There's just one incy-wincy-little point. It wasn't the software - it was the people .. and it's the same problem that makes reliance on so-called AI so dangerous, Nigel Morris-Cotterill says.

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A Texas court has awarded Canadian software company i4i almost USD300 million in damages, interest and costs - and injuncted Microsoft from the continued use of aspects of XML in its WORD product range.

CoNet Section: 

World Money Laundering Report Volume 2 No. 1 - published January 2000

The USA has seemingly abandoned its stance on the export of high power cryptographic programs known as “strong encryption”.