Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 330

Archive for 20 ottobre 2014

Why The Bankers’ Bonus Cap Should Be Ignored

Posted by fidest press agency su lunedì, 20 ottobre 2014

banca europeaThe European Banking Authority’s (EBA) insistence that a bonus cap should be applied to bankers pay remains advisory and is, in any case, made on the basis of a decision that was beyond the EU’s powers.Speaking at a financial sector forum this weekend the Secretary-General of the Federation of International Employers (FedEE), Robin Chater, repeated his long- standing challenge to the imposition of a cap on bankers’ bonus payments (http://www.bbc.co.uk/news/business-21615513).
” The fact that the EBA has not produced its final guidelines on the bonus cap has not prevented them from trying to apply pressure on banks and the Bank of England’s Prudential Regulation Authority to introduce an effective cap now. Unfortunately, many banks are not fully standing up to the EBA and are instead seeking to maintain “role-based allowances” for senior personnel.What I do not understand is why the banks do not directly challenge the EU’s powers to regulate pay? Past laxity by member states has allowed several EU Directives to contain remuneration-related elements that are not connected with “equal pay” – the only valid grounds under the EU treaty for such measures to be introduced at an EU level. Thus measures governing job posting and temporary agency workers both contain unjustifiable pay clauses.If the founding fathers of the European Union had wished to extend the its powers to cover remuneration then it would have been clearly specified within the EU treaty. As it stands – article 153 (5) of the Lisbon Treaty states that EU powers do not extend to pay, the right of association, the right to strike or the right to impose lock-outs.Whatever popular support there may be for curbing pay levels in the financial sector there are no clear grounds for imposing a EU-wide cap on any form of remuneration. I suspect that support for the bonus cap from some member states was just a back-door attempt to undermine the UK’s dominance in financial markets. What legislators do not fully appreciate – largely because they are naïve and unqualified to do so – is that a significant reduction in bankers’ pay will only increase the risk that financial institutions will be under greater threat from fraud and corruption. Why the City of London is so strong is largely because it operates with a high level of integrity, as its top people are sufficiently well paid not to undermine the system for personal gain. “

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Civil Liberties MEPs quiz candidates for EU data protection watchdog

Posted by fidest press agency su lunedì, 20 ottobre 2014

BruxellesBruxelles. Monday, 20 October, 19.00 – 22.30 – hearingsTuesday, 21 October 17.00 – 17.45 – vote. The 5 shortlisted candidates for the posts of European Data Protection Supervisor and Assistant Supervisor will be scrutinised by the Civil Liberties Committee on Monday evening in Strasbourg. On Tuesday, the committee will decide which candidates Parliament should back in talks with Council on the final appointments. The responsibility of the European Data Protection Supervisor (EDPS) and the Assistant Supervisor is to make sure that all EU institutions, bodies, agencies and offices respect people’s right to privacy when processing their personal data. The European Parliament and the Council appoint “by common accord” the European Data Protection Supervisor and the Assistant Supervisor for a term of 5 years, on the basis of a list drawn up by the Commission following a public call for candidates.The 5 candidates shortlisted by the Commission for the next 5 years’ term are:
– For the post of European Data Protection Supervisor
Mr Giovanni BUTTARELLI (Italy)
Ms Nöelle LENOIR (France)
Mr Yann PADOVA (France)
– For the post of Assistant Supervisor
Ms Cinzia BIONDI (UK)
Mr Giovanni BUTTARELLI (Italy)
Mr Wojciech WIEWIÓROWSKI (Poland)

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Nclouding Ltd. Chooses Userful as Preferred Entry-Level Desktop Virtualization Solution

Posted by fidest press agency su lunedì, 20 ottobre 2014

desktop virtualizationUserful™, a leading entry-level desktop virtualization company, and Nclouding Co. announced today an agreement whereby Nclouding Ltd. will install Userful Multiplatform with the Atrust m320 zero client device for customers throughout South Korea, as a more fully featured alternative to NComputing L300. Installations have already begun.The unique architecture of Userful software appliance provides simplicity and performance, seamlessly delivering HD multimedia across a range of displays and operating environments. Userful leverages zero client devices to replace physical PCs at a lower cost than traditional PCs and with a 96% power savings. The browser-managed Userful solution goes beyond desktops powering interactive touch displays, digital signage and video walls.“We’re very satisfied with the high performance of Userful and the Atrust m320 zero client,” said Michael Chun, founder and chief executive officer at Nclouding Co. Ltd. “The Userful solution can play many 1080p HD videos on YouTube simultaneously with maximum performance.” Chun said, “Nclouding started searching for an alternative virtualization solution when the NComputing hardware wasn’t performing up to our standards”.“We received a lot of complaints from our customers due to the limited performance of the NComputing L300. In several aspects, the device could not meet our customers’ expectations. So we decided to look for an alternative and chose Userful after due consideration.”Chun emphasized the value of easy installation and fast set up that Userful provides.“We found that Userful installs on a host PC with ease and promptness. We also like the intuitive drag-and-drop user interface on the browser-based Userful control center. It is by far the best among those we have tested.”“Some Userful features, such as not needing a Microsoft™ Windows operating system, greatly attracted us as did the ability to add digital signage. We recently introduced the digital signage to our key hospital client and they decided to adopt Userful immediately.”With over 1 million virtualized desktops worldwide, Userful provides schools, libraries, small businesses and the world’s largest virtual desktop deployment, with a simple and low-cost desktop virtualization solution that offers significantly greater flexibility and performance than traditional products.At $199 MSRP, including the device and software, Userful costs less than the NComputing L300 but includes an integrated hypervisor like traditional entry-level solutions like Citrix® VDI-in-a-Box and VMWare Horizon™ View. Userful also offers integrated cloud-client desktops, similar to the Chrome OS built into ChromeBoxes, and supports many other use cases. (photo: desktop virtualization)

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New Report Reveals Global Trends on Students Digital Usage

Posted by fidest press agency su lunedì, 20 ottobre 2014

londonLondon. Indisputable today is the widespread use of digital resources in all aspects of life, which is only increasing for students. However, despite the investments made by universities in this area, there is still little evidence about how digital resources are utilised by prospective students as part of their search process; and whether they now outweigh traditional methods.The Students Online: Global Trends 2014 report, compiled by QS, the publisher of the World University Rankings, endeavours to partially fill the gap in research concerning specifically how prospective students will utilise technology as well as traditional sources in their decision making process. This report is essential to the future university outreach efforts for prospective students through new insights concerning preferences.2012 US-based study from Google and Compete found that nine in ten enrolled students had used the internet to research higher education institutions, with one in ten exclusively using online sources of information.
A year earlier, the 2011 E-Expectations Report1 from Noel-Levitz published the alarming finding that one in five surveyed prospective students said they’d removed a college from their list as a result of a bad experience on the institution’s website.
Laura Bridgestock, author of the report says: “While universities know the online sphere is essential when communicating with prospective students, there’s little information available about how students use the internet during their research. This report shows that it is important to use a wide range of tools and not to underestimate the importance of traditional communication methods even in the Web 3.0 era.”

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OPP and Miami Association of Realtors Lead China Initiative

Posted by fidest press agency su lunedì, 20 ottobre 2014

Miami-skyline-for-wikipediaMiami, FL – The largest local real estate association in the U.S. has partnered with OPP to foster closer ties between the real estate communities of Miami and China.The Miami Association of Realtors (MIAMI) is coming together with OPP to create a Mission to China this October to coincide with OPPLive China, which is being held from Thursday, October 23 – Friday, October 24 at the China World Hotel, Beijing.Established in 2004, the business to business media, OPP, will be working closely with MIAMI and several other influential organizations to create a week of networking events in the build up to OPPLive and at the show itself. Beginning in Shanghai and then moving on to Beijing the Mission is all about creating long lasting partnerships with leading real estate companies with the clear goal of creating more Chinese incoming business for MIAMI Realtors and Developers. Participation is limited to members of MIAMI and of other approved participating associations.OPPLive was established in London in 2005 and is the trade event for the global cross border residential property industry. It is there to connect and inform professionals. OPPLive China is a launch event, following on from its Asia debut in Singapore this spring, which was hailed as a “spectacular success”.OPP Group Owner, Xavier Wiggins, says, “Working with such an incredibly powerful and forward thinking organization with massive membership (32,000) in an area of the USA that is already very attractive to the Chinese is an honor and an exciting challenge. The potential for a further drastic uplift in real estate buyers from China is there for all to see and it is our job to help MIAMI members forge relationships that count and that can be measured in sales”.The agreement will see OPP offering a package of events to MIAMI members that include educational presentations and seminars on the Miami and Chinese markets for global real estate as well as pre-qualified meetings. OPP will be giving much exposure to the MIAMI delegates on the trip in the build up to the event, raising awareness of the opportunities in Miami real estate to the eager Chinese real estate companies, professionals, and organizations.In turn, MIAMI will be promoting the Mission extensively to its membership as well as informing MIAMI members on the wide offering of OPP that is geared to driving global real estate alliances including the imminent launch of a major new online platform launch.MIAMI, a leader in international real estate business, has 120 foreign partners worldwide and is often recognized for its leadership and remarkable business results, including generating greater exposure for Miami and the local real estate market, increased business opportunities, and fueling a stronger local economy.MIAMI is the only association to be honored three times as a platinum international council by the National Association of Realtors since the inception of the Global Achievement Program in 2011 and has been recognized three times with the prestigious International Business Leadership Award by the Greater Miami Chamber of Commerce.Teresa King Kinney, CEO of MIAMI, speaking after a meeting in the association’s Headquarters with Xavier Wiggins added: “Miami is the top choice for foreign buyers in the U.S. At MIAMI, we are committed to positioning the Miami real estate market at the forefront of international expansion, and we are excited about partnering with OPPLive to further our members’ exposure in Asia, which is rapidly emerging as a strong market for Miami and South Florida. We continue to capitalize on Miami’s position as a leading global destination to further promote the local real estate market worldwide.”
OPP (Overseas Property Professional) Group provides essential news, information, insight, data and connections for businesses in the international property sector. Many successful Missions have already been organized to China and South East Asia but this is the first for one specific area.
As well as organizing the OPPLive shows, OPP Group publishes OPP Magazine and OPP Connect and has offices in Beijing, the Philippines, the UK, Singapore, Thailand, Spain and Canada.Since OPP Group was established in 2004, it has generated business worth an estimated US$7billion for overseas property companies in more than 100 countries around the world.

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Groundbreaking Report Commissioned by Born Free USA Uncovers Ivory Supply Chain from Poached African Elephants to Markets in Asia

Posted by fidest press agency su lunedì, 20 ottobre 2014

born freeWashington, Born Free USA and C4ADS released a groundbreaking report, Out of Africa: Criminalisation of the African Ivory Trade, which focuses on the ivory supply chain and the trafficking of ivory from the bush in Africa to retail markets tens of thousands of miles away in Asia. This information comes four months after the groups’ shocking report, Ivory’s Curse: The Militarisation and Professionalisation of Poaching in Africa, which detailed the poaching crisis and its links to violent militias, organized crime, and government corruption. View the full report at http://www.bornfreeusa.org/OutOfAfrica. According to Adam M. Roberts, CEO of The Born Free Foundation and Born Free USA, “The ivory trade is operating today at the highest level since the 1989 commercial ivory trade ban. Our investigation reveals that between 2009 and June 2014, there were more than 90 large-scale ivory seizures, collectively weighing almost 170 tons that bear the hallmarks of international organized crime. This would amount to approximately 229,729 elephants killed and trafficked in fewer than six years.””It is well known that East Asian nationals, and, in particular, the Chinese, drive the modern ivory trade. However, the scale we found in our investigation was shocking; Chinese traffickers are present in virtually every single African range state, and operate at nearly every point along the ivory supply chain,” Roberts explains. Varun Vira, Chief of Analysis at C4ADS and co-author of the report commissioned by Born Free USA, said, “The ivory trade is worth billions of dollars but is still talked about as if it were an unprofessional, disorganized, and artisanal industry, of concern only to conservationists. In reality, it is a highly organized, complex global crime that has avoided consequence for decades. However, our report reveals that there may be as few as 100 large-scale ivory containers moving annually that drive the vast majority of the entire illegal trade. Focusing efforts on intercepting these containers and tracing back their owners and facilitators can have a real impact on the trade.” (born free)

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Gary Hunt wins in Mexico and is crowned the Red Bull Cliff Diving World Series Champion for 2014

Posted by fidest press agency su lunedì, 20 ottobre 2014

Red BullRed Bull1The 30-year-old came to the final stop not only to receive the trophy for his fourth World Series title, but also to take his fourth victory of 2014. With exactly 500 points, he beats the 2013 World Series winner Artem Silchenko, in second, and the USA’s David Colturi, in third place. The seventh stop, hosted on Mexico’s Yucatán Peninsula this Saturday, also determined the top five athletes from 27m to prequalify for next season. Athletes from England, Russia, the USA and Colombia have secured spots in the 2015 World Series, the others must compete in qualification in February. After an action-packed year with stops all over Europe, the Caribbean and North America, four competition winners, and a new face on top of the podium, the sixth season celebrated a showdown in style in the majestic Ik Kil cenote. The new season will start in April 2015!
It’s pure, it’s fast and it takes your breath away. Cliff divers leap aesthetically from almost three times the Olympic height and hit the water at speeds of 85kph, protected only by their concentration, skill and physical control. Since 2009, the Red Bull Cliff Diving World Series has featured the biggest talents, the most promising newcomers, and since 2013 has also provided a platform for women. Seven tough competitions for the men, three challenges for the women – in its sixth season this jaw-dropping sport will hit new as well as proven ground in the Caribbean, North and Latin America and Europe between May and October to determine a new champion for both men and women. Maurice Lacroix is the official watch partner of the 2014 Red Bull Cliff Diving World Series.

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The Danger From Within Oxford study warns of the increasing risk of internal cyber-attacks

Posted by fidest press agency su lunedì, 20 ottobre 2014

oxford universityIn a new Harvard Business Review article, Professor David Upton of Saïd Business School, and Professor Sadie Creese of Oxford’s Global Cyber Security Capacity Centre warn that internal cyber attacks against companies, are an increasing threat that costs tens of billions of dollars a year worldwide, can destroy companies, and sink the careers of many senior executives. Their study found that while many organisations are intensifying their defences against external attack, these widely used safeguards are often ineffective against attacks involving insiders. Such attacks from insiders, be they from employees, suppliers, or other companies legitimately connected to a company’s computer system, pose a more pernicious threat than external attacks.Cyber attacks on corporations are on the increase. The 2013 cyber attack on Target, where Russian thieves compromised point of sale information, left the company with a potential loss of $420 million, and affected 70 million customers, made headline news. What is less well known however is that this attack came through an unwitting vendor who had authorised access to Target’s computers, and as such was an insider in their ecosystem.Over the past two years Professor Upton and Professor Creese have led an international research project whose goal is to provide a significant step change on insider threat prevention and detection so companies can be better protected. The study found that many managers were ignorant of the threat of insider attacks and the risks it posed from fraud, sabotage, intellectual property theft, and corporate terrorism. The key to reducing their vulnerability, they say, is to adopt the same approach companies applied to improve quality and safety at the end of the last decade. They recommend removing the reliance on the IT team and making it everyone’s responsibility to ensure critical assets are protected, proposing five steps that managers should implement immediately to reduce the risks:Introduce a clear and concise policy to address what people must or must not do to deter insiders who introduce risk through carelessness, negligence or mistakes. The rules must apply to all levels of the organisation and employees should be given tools to help them adhere to the policy (such as on-screen warning messages). The policy should regularly be reinforced with information sessions and internal communications campaigns.
Be open about likely threats so staff can detect them, and customise training to take into account the kinds of attacks they might encounter, such as phishing: phony emails which trick staff into sharing personal details or access codes, or downloading malware when a link is clicked. Encourage employees to report unusual or prohibited technologies or behaviour – such as the use of portable hard drives or asking for confidential data files.
Adopt screening processes and interview techniques designed to weed out potential threats before they become privileged members of staff. Examples include criminal background checks, looking for misrepresentations on resumes, and techniques that assess a candidate’s moral compass. During the interview process managers should also assess cyber-safety awareness.
Organisations must ensure that suppliers or distributors don’t put them at risk or create a back door to their systems. It’s therefore imperative that managers seek out partners and suppliers that have the same risk appetite and culture, and audit them regularly to ensure practices are maintained; if necessary screen their employees for criminal records, check candidates employment histories, and monitor access to its data and applications for unauthorised activity.The researchers recommend using readily available security software to monitor employee activities, such as accessing websites, yielding important information that will help detect danger. Regular risk assessments will identify the source of any threat, vulnerable employees and networks, and the possible consequences if a risk becomes a reality.‘We have burglar alarms installed to prevent people breaking into our houses,’ said Professor Upton. ‘But it’s the people we let through the door that are the problem. It’s the same for organisations. The principles used to defend against external threats just don’t work with insiders. In recent years businesses have been letting more people into their houses – be it through the use of cloud services, Google drives, employees bringing their own devices to work, or through the proliferation of social media and use of big data. Though these people may have a legitimate access to an organisation’s cyber-assets, the scope for them to exploit this or be exploited is hugely increased.’
‘We found wide-scale global ignorance of the nature of the threat organisations face from internal attack, leaving corporate assets vulnerable, jobs and bonuses insecure, and reputations at risk,’ said Professor Creese. ‘We are now expanding the initial survey of 35 companies to 5,000 which will enable us to develop models to detect threats more accurately, faster and earlier than current solutions, and to help us develop education and awareness materials to help transfer knowledge and management skills to stakeholders.’

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