The study, published in the journal Financial Stability, introduces a new method that allows researchers to estimate the systemic risk that emerge from multiple layers of connectivity.
Dr. Kobayashi Teruyoshi, an associate professor at the Graduate School of Economics, Kobe University and Dr. Charles Brummitt of Columbia University have proposed a new model to predict a financial crisis (a chain of bankruptcies) ...
Online attacks by ever-skillful hackers are a growing threat to the stability of the US financial system, according to a report by a top-level government panel released Tuesday.
Developing adaptable systems for finance and international relations could help reduce the risk of major systemic collapses such as the 2008 financial crisis, according to a new analysis.
Several US financial institutions were targeted by the same computer hackers who breached the systems of JPMorgan Chase earlier this year, sources familiar with the matter said Wednesday.
An infamous computer hacker has been arrested in Thailand at the request of Switzerland on suspicion of hacking into bank computer systems in Europe, an official said Tuesday.
Since the beginning of the financial crises that erupted in 2008, numerous governments have injected public funds into the banking system in order to prevent the failure of some entities and avoid the collective collapse ...
The Australian Centre for Justice Innovation (ACJI) at Monash University has released a new background report on the issue of timeliness in the justice system.
A team led by KAIST Civil and Environmental Engineering Department's Professor Hyeon Myeong has just finished testing the cooperative assembly robot for jellyfish population control, named JEROS, in the field.
A faith-based prisoner re-entry program in Minnesota has saved an estimated $3 million by reducing recidivism, according to a Baylor University study published in the International Journal of Criminology and Sociology.