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Probing restrictions may stilt DoD vulnerability disclosure program


Two men enter the booth of Lockheed Martin, the biggest defense company in the world, during the Singapore Airshow February 9, 2020 in Singapore. The Pentagon launched the Defense Industrial Base Vulnerability Disclosure pilot this week, which will allow researchers to probe a pre-approved list of DoD contractor information systems, networks and applications. (Photo by Suhaimi Abdullah/Getty Images)
The Department of Defense is putting the systems and networks of defense contractors to the test in a new pilot vulnerability disclosure program, the latest indicator of the government’s desire to expand upon its previous ventures crowdsourcing cybersecurity.
The Defense Industrial Base Vulnerability Disclosure pilot will last 12 months and allow researchers to probe a pre-approved list of DoD contractor information systems, networks and applications. The Pentagon said that any vulnerabilities submitted through the program will be used for defensive purposes, not to develo ....

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Nepali investors make millions from opaque share deals


Sandeep Sen
Published: 10:30 am Jan 10, 2021
New brand logo of Ncell - an Axiata company.
KATHMANDU, JANUARY 9
A handful of Nepali investors have made fortunes buying and selling Ncell shares using funds which appear to have flowed covertly to them via tax havens from the Malaysian telecom giant, Axiata, and Sweden’s Telia.
Some transactions by Nepali investors appear to challenge Nepal’s laws on foreign exchange controls, taxation, and foreign ownership.
An investigation by the Centre for Investigative Journalism-Nepal and Finance Uncovered, a British journalism organisation, has found that the primary Nepali beneficiaries from these deals appear to be leading businessman Upendra Mahato, his associate Niraj Govinda Shrestha, and businesswoman Bhavana Singh Shrestha, along with her company Sunivera Capital Venture. ....

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More Nepal woes for Axiata?


KUALA LUMPUR (Jan 9): It would seem that Axiata Group Bhd s woes in Nepal did not end despite its 80%-owned Ncell Private Ltd already paying over US$420 million in capital gains taxes demanded by Nepalese authorities the last payment being the US$185 million “made under protest” last April and without prejudice to Ncell s and Axiata UK s position in an international arbitration against the Federal Democratic Republic of Nepal .
According to a report by the Centre of Investigative Journalism-Nepal (CIJ-Nepal) and Finance Uncovered, a British journalism organisation, Axiata appears to have part-financed its Nepali local partner’s purchase of the remaining 20% stake in Ncell in 2016. ....

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