Prestwick: Veracity has announced its attendance at the BETT Show for the first time.
- DAWN NICHOLLS
- Surveillance
- Posted On
Friday, 13 February 2026
What Is A Ponzi Scheme?
Business Dictionary aptly defines a Ponzi scheme as a SCAM in which a GULLIBLE group is enticed with the promise of very high returns in a very short time, but is actually based on paying off the early 'investors' from the cash from (hopefully ever increasing number of) new 'investors.' Investopedia reconciles a Ponzi scheme with a pyramid scheme in that both are based on using new ‘investors' funds to pay earlier participants. Essentially, such schemes are synonymous with ‘’Robbing Peter to Pay Paul’’. A typical Ponzi scheme flops when the cash outflow exceeds the cash inflow. Ponzi scheme is named after Charles Ponzi (1882-1949), an Italian immigrant to the United States who, during 1919-20 collected more than fifteen million dollars from some 40,000 enthusiastic depositors by promising to double their investment in 90 days.
- DON OKEREKE, SECURITY EXPERT
- Nigeria Watch International
- Posted On
The White House, Washington
My fellow Americans,
It's a long-standing tradition for the sitting president of the United States to leave a parting letter in the Oval Office for the American elected to take his or her place. It's a letter meant to share what we know, what we've learned, and what small wisdom may help our successor bear the great responsibility that comes with the highest office in our land, and the leadership of the free world.
- BARACK OBAMA, PRESIDENT OF THE UNITED STATES OF AMERICA
- Viewpoints
- Posted On
SEATTLE: ExtraHop has announced that Bryce Hein has joined the company as SVP of Marketing and will hold a position on its executive leadership team, reporting to ExtraHop CEO Arif Kareem.
- DAWN NICHOLLS
- Industry News
- Posted On
- Opengear deal with Hardware Group extends European and African reach
- Veracity delivers essential data paper at the San Diego Security Show
- Shavlik and AppSense survey: Security and patch management remain major concerns for companies
- High-Tech Bridge and PwC Singapore announce a strategic partnership in cybersecurity
- Driving in the cloud
- Veracity to showcase expanded portfolio at Intersec trade show in Dubai
- FOI study reveals patients data and lives not safe under NHS Trusts
- COMMENT: Facebook can read WhatsApp message through security backdoor
- WhatsApp backdoor allows snooping on encrypted messages - Varonis comments
- NHS trust hit by cyber attack - experts comment
- IPSecurityCenter to help protect citizens at the U.S. presidential inauguration
- Checkmarx appoints Shmuel Arvatz as Chief Financial Officer
- Pulse Secure certified for U.S. Department of Defense Unified Capabilities Approved Products List
- ExtraHop predicts 2017 trends in IT, security and DevOps
- VTech takeover: Snom stays Snom
To expose official corruption in Nigeria, re-orientate the psyche of Nigerians and usher in the Nigerian renaissance
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