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 Secon 2013 to showcase latest technology in Video Surveillance, Access Control, Biometric Recognition, Alarm Monitoring

Online registration for SECON 2013 (International Security Conference & Exhibition 2013) has been announced. Visitors who pre-register at the SECON 2013 website can attend the event for free. The pre-registration ends on February 28, 2013.

SECON 2013 is sponsored by three Korean ministries the Ministry of Knowledge Economy, the Ministry of Public Administration and Security and the Ministry of Land, Transport and Maritime Affairs. It is co-organized by influential security media and associations in South Korea including SecurityWorld Magazine and Boannews Daily, Korea Defense Industry Trade Support Center, Korea Electronics Technology Institute, Electronics and Telecommunications Research Institute, the Korean Association for Industrial Technology Security, Intelligent Transport System of Korea, Knowledge Information Security Industry Association, Korea Association of Chief Security Officer, Korea Digital CCTV Research Association, Korea Safety Security Association of Technology Edu...  [ more ]

 Shield Guarding sets sights on major growth

The Shield Guarding Company is targeting major growth this year now that majority shareholder Topsgrup has 100 per cent of the UK business’s shares.

The security solutions group has a three-year plan to rise from a £62 million turnover to around £100 million, says company chief executive John Roddy.

India-based Topsgrup picked up 51 per cent of Shield shares in 2008 and announced in May 2012 it would buy up all the shares.

This month, Shield plans to move into new corporate offices in London, where major growth potential exists in the financial and property management sectors, said Roddy. Shield will now focus on a total security management offering, especially in these sectors, he said.

An organisational restructuring will see more co-ordination of services to clients and include manned guarding, CCTV, reception and front-of-house services and alarm systems and installation.

The company maintains its own alarm receiving and response service in Preston.

The security m...  [ more ]

 

 

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Bank of America to pay $16.65 billion over mortgages Bank of America's tab for the financial crisis is now nearly $74 billion.

Bank of America agrees $17 bn deal over dodgy mortgages Bank of America agreed Thursday to a record nearly $17 billion deal with US authorities to settle claims it sold risky mortgage securities as safe investments ahead of the 2008 financial crisis. Under the settlement with the Department of Justice, the Securities and Exchange Commission, and other authorities including individual states, the bank will pay out $9.65 billion in cash and provide $7 ...

Blurred Lines in Big Bank Mortgage Settlements The Bank of America settlement may close a chapter of the financial crisis, but the Justice Department can still pursue civil cases against former Countrywide executives, writes Peter J. Henning in the White Collar Watch column.

Bank of America settlement likely to benefit few WASHINGTON (AP) — Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.

Bank of America agrees to historic $17B settlement of mortgage claims Bank of America will pay nearly $17 billion to settle claims stemming from its role in the recent housing crisis. The Justice Department announced Thursday that the Bank of America settlement is the largest in history between a single company and the federal government. 

Bank Of America Reaches Record Settlement Over Mortgage Meltdown The nation's second-largest bank has agreed to pay nearly $17 billion to settle allegations that it misled investors into buying toxic mortgage-backed securities.

Bank of America Seeks to Prove Buffett Right After Record Settlement Billionaire Warren Buffett has predicted Bank of America Corp. (BAC) will become a profit powerhouse once it finally resolves legal battles that have sapped funds and distracted managers. Chief Executive Officer Brian T. Moynihan yesterday settled what he has called the firm's last big fight over faulty home loans, reaching a record deal for almost $16.7 billion to end U.S. Moynihan, 54, has ...

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