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The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.…

The European Commission has proposed new legislation offering more flexibility to food technologists creating new foods based on altering the genetic structure of plants. A new suggested EU regulation would create streamlined controls for plants created by ‘new genetic techniques’ or NGTs, that are less rigorous than the existing assessments and restrictions undertaken for genetically modified (GM) foodstuffs.…

The European Court of Justice (ECJ) has signalled that national judicial reviews of cross-border investigations by the European Public Prosecutor’s Office (EPPO) should be limited to procedural questions. During a cross-border investigation of a biodiesel fraud case, the EPPO’s European Delegated Prosecutor in Germany assigned the search and seizure of potentially incriminating documents and hardware to an assisting European Delegated Prosecutor in Austria, who in line with Austrian law obtained judicial warrants.…

Fashion brands have been warned to step up online security as the industry becomes increasingly digitalised and Russian hackers pose an increased risk as the country’s military struggles to maintain its invasion of Ukraine. 

While digitalisation brings enhanced sustainability, reduced waste, stricter inventory management, personalised designs, smart wearable tech garments, AI-enabled virtual fittings and integrated supply chains, increasing online data offers bad actors additional attack vectors, said Maryland, US-based cyber exposure management company Tenable. …

The world’s 600 largest companies are failing to provide full disclosure of anti-bribery and corruption information within their sustainability reporting, according to a joint report (1) backed by the International Federation of Accountants (IFAC). Working with from Transparency International UK and the World Economic Forum’s Partnering against Corruption Initiative.…

Textile manufacturers and researchers have been relentlessly developing new antimicrobial solutions for performance and protective clothing, especially focusing on sustainability.
The global antimicrobial textile market, which also includes antibacterial, antifungal and antiviral products, was valued at USD10.8 billion in 2020, expected to reach USD14.7 billion in 2027, according to India-based market researcher Qualiket Research (1). …

Fashion brands have been warned to step up online security as the industry becomes increasingly digitalised and Russian hackers pose an increased risk as the country’s military struggles to maintain its invasion of Ukraine. 

While digitalisation brings enhanced sustainability, reduced waste, stricter inventory management, personalised designs, smart wearable tech garments, AI-enabled virtual fittings and integrated supply chains, increasing online data offers bad actors additional attack vectors, said Maryland, US-based cyber exposure management company Tenable. …

Anti-fraud agencies, financial institutions and central banks are working increasingly hard to fight sophisticated identity fraud, where fraudsters build an identity based on stolen IDs to open bank and credit card accounts. These comprehensive fake IDs – sometimes pulling together multiple identity elements and invented details – are often subbed ‘synthetic identity’ frauds.…

Anti-fraud agencies, financial institutions and central banks are working increasingly hard to fight sophisticated identity fraud, where fraudsters build an identity based on stolen IDs to open bank and credit card accounts. These comprehensive fake IDs – sometimes pulling together multiple identity elements and invented details – are often subbed ‘synthetic identity’ frauds.…

As researchers continues to identify health and environmental problems created by textile chemicals that have been widely utilised in the past, regulation tightens, and while this is rarely by international treaty, controls do spread worldwide over time. This is certainly the case regarding perfluoroalkyl and polyfluoroalkyl substances (PFAS), which have been commonly used within the clothing and textile sector for fire protection, water repellence and oil resistance, preventing stains.…