Ukrainian authorities aided by Belgian, US and other investigators have staged raids aimed at smashing the illegal trade of access to hacked computer systems, officials said Monday. Police and prosecutors conducted house searches in nine places in Ukraine last Thursday, seizing several IT systems and questioning three Ukrainian suspects, Belgian prosecutors and the police agency Europol said. "The house searches were related to two criminal investigations into the xDedic Marketplace, on which access to tens of thousands of compromised servers of unknowing victims was offered for sale," Europol said. Both individual personal information and companies were compromised via the Remote Desktop Protocol, it said. Buyers and sellers traded servers from anywhere between $6 to $10,000 (8,7450 euros) each. Belgian federal prosecutors and Europol said the US Federal Bureau of Investigation and Internal Revenue Service took part in the probes. Belgian federal prosecutors added that a US court … [Read more...] about Ukraine stages cybercrime raids in international probe
Internal revenue service
UiPath, the Robotic Process Automation (RPA) company founded by Romanian CEO Daniel Dines and first backed by Google’s CapitalG fund in 2018, will shortly achieve over 5,000 percent growth and reach USD 200 million in annual recurring revenue (ARR), according to sources cited by Business Insider. ARR is a metric used by software-as-a-service (SaaS) providers to reflect subscription revenues. UiPath provides “software robots” to enterprises on its SaaS platform, which automates back-office business tasks using AI. In 2016, UiPath’s ARR was only USD 3.5 million, and rose to USD 150 million in November 2018. In the coming weeks, it’s expected to reach 200 million, meaning that the company will have grown by about a third in less than three months. In early 2018, UiPath had 700 enterprise customers including BMW Group and Huawei, the armed forces and the US Internal Revenue Service. UiPath is known as the first Romanian unicorn, as it reached a value of over … [Read more...] about UiPath to soon achieve revenue growth of 5,600 percent compared to 2016
Gregory Korte USA TODAY Published 10:35 AM EST Dec 28, 2018 You took out student loans to go to college, and then you started a career in public service, as a police officer, a teacher, a nurse, a social worker. Good news: The government wants to reward you for your service. After 10 years, you could be eligible for student loan forgiveness, wiping out an average of $58,000 in loan debt. Good news, that is, if you're one of the 206 people who have qualified for the federal program. Not so much if you're one of the 41,000 others who have applied and been denied. News: More than 41,000 public service workers sought federal student loan forgiveness. The government approved just 206 The form to request forgiveness is deceptively simple: It's just two pages, not including instructions. But there are any number of ways to get tripped up. And borrowers who wait 10 years to apply might discover that they've made crucial mistakes at some … [Read more...] about Student loan forgiveness for public service workers: Am I eligible?
Michael Collins USA TODAY Published 4:49 PM EST Dec 20, 2018 WASHINGTON – The third federal government shutdown of Donald Trump's presidency now could be just hours away. A quarter of the government will run out of funding and will close at midnight Friday unless Congress and the White House reach an agreement to keep things operating. A temporary measure to keep the funds flowing at current levels through Feb. 8 collapsed on Thursday after Trump said he won’t sign a Senate-approved short-term funding bill because it doesn’t contain money for a wall along the nation’s southern border. The bill’s failure boosted the chances of a government shutdown. So what will really close down? Six of the federal departments, including Defense, already have had their budgets approved and won’t be impacted. But nine other departments and dozens of agencies have been operating under a short-term spending plan that will expire at 11:59 p.m. … [Read more...] about Government shutdown: What services will, and won’t, be interrupted
0 Have your say Legal firm Addleshaw Goddard has posted record global full-year revenues, boosted by growth in Scotland on the back of its 2017 acquisition of HBJ Gateley. The business reported international revenues of £242 million for 2017-2018, a year-on-year jump of nearly a quarter, while profits grew for the fourth year in a row to reach £86m, an increase of 36 per cent from the previous year.Addleshaw Goddard said turnover growth approached double-digits relative to HBJ Gateley figures, with the purchase of the latter completing in June 2017.Malcolm McPherson, senior partner for Addleshaw Goddard in Scotland, said the transaction has “far exceeded expectations, and the success of the integration underpins the revenue growth we’re seeing in the latest figures”. He added: “The results are testament to how well the team has transitioned into the enlarged practice – we have a highly engaged and focused team which is … [Read more...] about Law firm Addleshaw Goddard hails record revenues