In the United States, called two of the worst schemes of the decade. Here is more from the justice department. Good morning. Thank you for being here. We are here to identify and announced charges against a Russian National who the department of justice alleges is responsible for two of the worst computer hacking and Bank Fraud Schemes of the last decade. The charges we are announcing are merely allegations and each of the defendants is presumed innocent until Proven Guilty in a court of law. Moscow has been indicted in pittsburgh, pennsylvania for his alleged draw all as the leader of a cyber criminal gang responsible for the distribution of a multifunction malware package. It was designed to automate the theft of confidential personal information and Financial Information such as Online Banking credentials from infected computers. Later versions of the malware were designed with the added function of assisting in the installation of ransomware. Over the past decade, the malware facil
The task force will now come to order. Without objection the chairs authors to declare recess of the committee at any time without objection. Members of the full committee not on this task force are authors to participate in todays hearing consistent with the committees practice. This hearing is in title robots on wall street the impact on iaa ai on the financial. First off thank you all for joining us today for what should be a very interesting hearing of this task force. Today we are looking at scoring how ai is being deployed in Capital Markets from trading to portfolio allocations to Investment Management decisions. We are also going to consider how the use of this technology is changing the nature of work in Financial Services rendering some jobs obsolete and changing the skill sets needed to excel in others. It would not be much of an exaggeration today to say that wall street quite literally is run by computers. Long gone are the days where traders would be screaming on the floo
We are here to identify and announce charges against a Russian National who the department of justice alleges is responsible for two of the worst computer hacking and Bank Fraud Schemes of the past decade. The charges were announcing today are nearly allegations in each of the dependence is presumed innocent until Proven Guilty beyond a reasonable doubt in a court of law. Maxine iacobucci of moscow russia, has been indicted in Pittsburgh Pennsylvania for his alleged role as the leader of a cyber criminal gang responsible for the distribution of a multifunction malware package known as bugatti. The gods was designed to automate the theft of confidential personal information and Financial Information such as Online Banking credentials from infected computers. Later versions of the malware also known as dry decks were designed with the added function of assisting in the installation of rand somewhere. Over the past decade the buka at malware facilitated the theft of millions of dollars fr
And ask again for the woman involved in the crash that killed their son to return to the uk. Doctors in italy who are caring for a seriously brain damaged girl from london say they hope that eventually she will be able to return home and be cared for by her family. The government takes the First Step Towards potentially stripping the north of englands main train operator of its franchise. Coming up on afternoon live all the sport with sarah mulkerins. I will have more on at the events from bulgaria on monday night were buggy and police have arrested six fa ns buggy and police have arrested six fans following up that racist abuse of english players. Thanks, sarah. Chris fawkes has all the weather. Still no sign of any prolonged dry weather. Showers are the key word over the next few days, plenty of those. I will bring you the feel update later on. This thanks, chris. Also coming up the camera chain jessops plans to call in administrators. Good aftermoon and welcome to bbc news, live fro
And asked again for the woman involved in the crash that killed their son to return to the uk. Six people are detained by police in bulgaria, following racist chanting at the england team, on monday night in sofia. And the Uks National Crime agency leads an operation that sees more than 300 suspected paedophiles arrested around the world. Good evening. All eyes are on the negotiators in brussels trying to secure agreement on a brexit deal in time for an eu summit tomorrow. This afternoon the European Council president donald tusk told reporters that it should be clear by the end of the day if a deal can be reached, but that there are what he called doubts on the british side. Its thought significant problems still have to be resolved, particularly over customs on the island of ireland, and how the people of Northern Ireland through the assembly there would give their consent to the arrangements. There are various strands to this story in westminster and brussels. Lets take a look at to