|
Banking - Computer Programmers Arrested |
 |
 |
 |
|
News -
Business
|
|
Written by Rich Wermske
|
|
Two computer programmers designed codes to alter thousands of trade blotters and records for swindler Bernard Madoff and took hush money to help keep the massive fraud going, U.S. authorities said. The FBI arrested Jerome O'Hara, 46, and George Perez, 43, at their homes on Friday morning. The charges against the pair carry maximum prison sentences of 30 years and millions of dollars in fines. They are facing criminal charges of conspiracy for falsifying books and records at both the broker-dealer and investment arms of Bernard L. Madoff Investment Securities LLC (BLMIS) in New York. |
|
Read more...
|
|
|
Pentagon Chiefs Suckered By Raytheon |
|
|
|
|
News -
Security
|
|
Written by Rich Wermske
|
|
[ed] If you know anything about IDS and best practice... my retitling of this article makes sense.[/ed] U.S. weapons manufacturer Raytheon announced that it and allied firms have landed a $28m deal from the Pentagon to provide an early-warning system for defense against cyber attacks on military networks. The programme in question is referred to by the Defense Information Systems Agency (DISA) as “Network Operations Situational Awareness” or NetOps SA. Overall the purpose of NetOps SA seems to be to act as a kind of early-warning screen for network-defence sysadmin cyberwarriors, letting them know at once when the hats of a different colour begin to probe and meddle with their networks. |
|
Read more...
|
|
Cyber Threats Targeting Traditional Companies |
|
|
|
|
News -
Security
|
|
Written by Rich Wermske
|
|
U.S. companies, even small and medium size, are more and more exposed to cyber threats from organized crime, foreign intelligence services, and probably terrorist organizations. 85 percent of U.S. critical infrastructure is owned and operated by private companies -- and these companies are especially vulnerable to determined attacks which may ruin or seriously disrupt company operations |
|
Read more...
|
|
|
China Boosts Cyberspace Capability |
|
|
|
|
News -
Security
|
|
Written by Rich Wermske
|
|
China is significantly boosting its capabilities in cyberspace as a way to gather intelligence and, in the event of war, hit the U.S. government in a weak spot, U.S. officials and experts say. Outgunned and outspent in terms of traditional military hardware, China apparently hopes that by concentrating on holes in the U.S. security architecture, its communications and spy satellites and its vast computer networks, it will collect intelligence that could help it counter the imbalance. |
|
Read more...
|
|
News -
Security
|
|
Written by Rich Wermske
|
|
A forensics tool built by Microsoft exclusively for law enforcement officials worldwide was posted to a file-sharing site, leaving the USB-based tool at risk of falling into the wrong hands. COFEE is a free, USB-based set of tools, which Microsoft offers only to law enforcement, that plugs into a computer to gather evidence during an investigation. It lets an officer with little or no computer know-how use digital forensics tools to gather volatile evidence. COFEE was posted, and then later removed, from at least one file-sharing site, but security experts say the cat is now out of the bag. |
|
Read more...
|
|
|
|
|
|
|
Page 8 of 17 |
