Tag: system

big ideas

How well does anti-money laundering work?

November 2, 2025

How well does anti-money laundering work? Not that well, it seems. Despite international efforts, “most claims of ‘success’…are unsupported by relevant empirical evidence.” Recent scandals, such as a major U.S. bank failing to monitor $18.3 trillion, cast doubt on the […]

fun facts

Back up your data.

October 19, 2025

Back up your data. A blaze at South Korea’s National Information Resources Service destroyed the government’s G-Drive cloud system. “Due to the system’s large-capacity, low-performance storage structure, no external backups were maintained — meaning all data has been permanently lost.” […]