Corporate Fraud
- Canadian prosecutors say case against Huawei CFO is about fraud, not sanctionsMeng's legal team argued in November that the Huawei chief financial officer could not be extradited to the United States because her alleged conduct was not illegal in Canada. Canada did not have sanctions against Iran at the time Canadian officials authorized commencing with the extradition, her lawyers said. Meng, 47, was arrested at the…
- Former Barclays banker ordered out of bed after 2008 heart attack to help save bankLONDON, Jan 9- A senior former Barclays banker told a London fraud trial on Thursday that he was ordered out of bed after a heart attack to help save the lender at the height of the credit crisis. But prosecutors for the UK Serious Fraud Office allege the three men lied to the market and…
- REFILE-UPDATE 3-Tesco suspends Chinese supplier after suspected prisoner messageTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 2-Tesco suspends Chinese supplier after prisoner labor reportTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 3-Canada's SNC-Lavalin settles Libya bribery case that shook Trudeau governmentMONTREAL/ OTTAWA Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to fraud and will pay a C $280 million fine, the company said on Wednesday, in a case related to projects in Libya that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. SNC-Lavalin Construction pleaded guilty to one fraud charge. Federal prosecutor…
- UPDATE 2-Canada's SNC-Lavalin unit pleads guilty to fraud charge in Libya caseMONTREAL, Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to one fraud charge and will pay a C $280 million fine related to projects in Libya, the company said on Wednesday, in a case that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. As part of the settlement, all charges against SNC-Lavalin…
Ecommerce Fraud
Designing an integrated cybersecurity approach to cloud migration strategies newIn a paper released recently, “An integrated cyber approach to your cloud migration strategy,” Deloitte explores how an integrated cloud-cyber strategy enables organizations to use cyber as a differentiator, and outlines how cybersecurity teams must adapt.
Lufthansa airlines lays out expected threat landscape in its annual report newGerman-based Lufthansa said that it expects aviation security risks to continue to increase amid the ongoing coronavirus pandemic.
Roselle Catholic High School in New Jersey installs new intercom system with emergency communications and lockdown features. newRoselle Catholic High School in Roselle, New Jersey recently received a grant to upgrade security measures, allowing the school to implement a new intercom system with emergency communications and lockdown features.
NSA and CISA release cybersecurity guidance on strengthening cyber defense through protective DNS newThe National Security Agency and Cybersecurity and Infrastructure Security Agency (CISA) released a cybersecurity information sheet, “Selecting a Protective DNS Service." This publication details the benefits of using a Protective Domain Name System (PDNS), which criteria to consider when selecting a PDNS provider, and how to effectively implement PDNS.
2021 Electronic Security Expo goes virtual newThe 2021 edition of the Electronic Security Expo (ESX), an annual education and networking event dedicated to professionals from the electronic security and life safety industry, will be conducted virtually out of consideration for the health and well-being of participants. Renamed the ESX 2021 Virtual Experience, the event will take place exclusively online from June…
Will AI malware change the game? newThe use of artificial intelligence (AI) in cybersecurity, while often overhyped, is not a new concept. Hackers have included countermeasures in malware since its inception to detect runtime environments or sense detection attempts. Early actions were primitive compared to what we know today, but they laid the groundwork for more critical thought about adaptive and…
Scams
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