Analyst Steals Millions by Spoofing Director

Analyst Steals Millions by Spoofing Director

A trading analyst from Maine has admitted to stealing millions of dollars by impersonating a company director to authorize transactions fraudulently. David Altenburg accessed his employer’s bank accounts to complete approximately 106 wire transfers and other withdrawals. Acting United States attorney, Donald E. Clark, said that between February 2019 and September 2020, Altenburg stole over $2.7 million by diverting funds into accounts under his control.  To avoid arousing any suspicion when making the transfers, Altenburg impersonated a…

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Accenture Acquires Sentor

Accenture Acquires Sentor

Global professional services company Accenture has acquired an independent provider of cyber-defense and managed security services headquartered in Sweden’s capital, Stockholm. The acquisition of Sentor by Accenture was announced yesterday. Financial terms of the deal were not disclosed.  “Securing a business ecosystem can’t be piecemeal; it takes the right talent, investments and technology know-how,” said Kelly Bissell, who leads Accenture Security globally.  “The acquisition of Sentor further expands our ability to help clients match this challenging cybersecurity environment. We are excited…

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Five Steps for Safely Migrating your Workloads to the Cloud

Five Steps for Safely Migrating your Workloads to the Cloud

Why security in the cloud is a shared responsibility relationship between the infrastructure provider and the customer By Paul Farrall, CISO at Skytap Organizations moving workloads to the cloud must make sure that those workloads remain secure, especially organizations that handle sensitive customer data (such as financial or health records) and must comply with regulatory requirements as well as security frameworks like the Payment Card Industry Data Security Standard (PCI DSS). Security in the cloud…

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French Court Upholds Bitcoin BTC-e Employee’s Sentence

French Court Upholds Bitcoin BTC-e Employee’s Sentence

A former employee of a Russian cryptocurrency exchange has lost an appeal to overturn a conviction for money laundering. In December 2020, Alexander Vinnik was sentenced to five years in prison after being found guilty by a French court of laundering money on a large scale.  Russian national Vinnik had initially been charged with using ransomware to defraud nearly 200 people but was cleared of this charge in December.  United States authorities allege that Vinnik was the operator of Bitcoin exchange…

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Pentagon CISO Suspected of Sharing Secrets

Pentagon CISO Suspected of Sharing Secrets

A top cyber official at the Pentagon is reportedly on leave while claims that she leaked classified intelligence are investigated by the Department of Defense. Katie Arrington is employed as the chief information security officer for Acquisition and Sustainment at the Department of Defense. She was brought on board in 2019 and hired under the category of “highly qualified expert.” Arrington was informed on May 11 that her security clearance for classified information had been suspended as “a…

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Cyber investments are growing, but not enough

Cyber investments are growing, but not enough

64% of respondents to PwC’s latest CEO survey expect a jump in reportable ransomware and software supply chain incidents this year, and only 55% are prepared to respond. Image: Teera Konakan/Moment/Getty Images Cyber threats, especially ransomware, are now the No. 1 concern of CEOs in the U.S. and the No. 2 globally, according to PwC’s 24th annual CEO survey. CEOs are doing more than fret—they are putting their money where their mouths are, the survey…

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UK Police Issue Warning Over Huge WhatsApp Scam

UK Police Issue Warning Over Huge WhatsApp Scam

Multiple police forces in the UK have issued warnings about a widespread scam targetting WhatsApp users. In the scam, fraudsters control a WhatsApp user’s account and messages one of their contacts under that guise. This is sent at around the same time a text or email is received by that same contact from WhatsApp, which contains a verification code that the hacker has requested by pretending to be them. The scammer explains that they accidentally…

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Fuzzing ImageMagick and Digging Deeper into CVE-2020-27829 | McAfee Blogs

Fuzzing ImageMagick and Digging Deeper into CVE-2020-27829 | McAfee Blogs

Introduction: ImageMagick is a hugely popular open source software that is used in lot of systems around the world. It is available for the Windows, Linux, MacOS platforms as well as Android and iOS. It is used for editing, creating or converting various digital image formats and supports various formats like PNG, JPEG, WEBP, TIFF, HEIC and PDF, among others. Google OSS Fuzz and other threat researchers have made ImageMagick the frequent focus of fuzzing,…

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Happy Sys Admin Day (Month!) – VMware Cloud Community

Happy Sys Admin Day (Month!) – VMware Cloud Community

July 30th is Sys Admin appreciation day, we wanted to spend an entire month to reflect on and celebrate the sys admins in our lives and the job they do. That job is often thankless and requires patience, in-depth tech skills, and a cool head. Over the past couple of decades, the total sum of these systems has changed quite a bit, which  has had a cascading effect within IT as these technologies are adopted…

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