News

Russian scammers used corporate buzzwords to dupe Fortune 500 firms | #corporatesecurity |

It seems Russian hackers are up to no good again: an emerging group of scammers posing as legitimate business execs has orchestrated more than 200 email-based attacks designed to swindle Fortune 500 companies out of hundreds of thousands of dollars. The bandits, dubbed “Cosmic Lynx” by researchers from security firm…

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Furloughed workers face pressure to work illegally from unscrupulous bosses who believe there will ‘never’ be an audit | #employeefraud | #recruitment | #corporatesecurity

Staff who have been furloughed throughout the coronavirus outbreak have said they were pressured into working illegally and left feeling they had no other option if they wanted to save their jobs. Employees were told they had to continue working while their bosses claimed government support – despite it being…

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Magecart scammers hit up 570 websites for 184,000 card numbers | #fraudprevention | #corporatefraud | ceo

Written by Jeff Stone Jul 7, 2020 | CYBERSCOOP Hackers who targeted 570 e-commerce sites to steal customer financial information compromised more than 180,000 payment cards as part of a covert fraud effort, according to new research analysis. The group, known as “Keeper,” inserted malicious computer code onto the sites,…

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China latest news: ‘Aggressive’ Huawei used to ‘steal secrets’ in major UK ‘security risk’ | World | News | #espionage | #surveillance | #ceo

The UK Government has hinted that they may make a U-turn on their controversial decision to grant Chinese tech firm Huawei access to UK 5G mobile networks. The move had intially sparked fear among those like China Research Group member and Tory MP Neil O’Brien, who warned that it could…

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Luis Sierra Appointed CEO of NOVA Chemicals | #corporatesecurity |

PITTSBURGH, PA , July 07, 2020 (GLOBE NEWSWIRE) — NOVA Chemicals Corporation (“NOVA Chemicals”) today announced that the company’s Board of Directors has appointed Luis Sierra as President and Chief Executive Officer effective August 1, 2020. He will succeed Todd Karran, who previously announced his retirement. “We are delighted to…

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A Concerning Proliferation of SIM-Swapping Fraud in Europe | #employeefraud | #recruitment | #corporatesecurity

In March 2020, Europol announced that it had arrested more than two dozen people suspected of draining bank accounts by hijacking victims’ phone numbers via SIM-swap fraud. The cross-border investigation lasted eight months with a collaboration between the Romanian National Police (Poliția Română) and the Austrian Criminal Intelligence Service (Bundeskriminalamt),…

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U.S. Corporate Class Action Defense Spend Exceeds Projections, Survey Says | #riskmanagement | #security | #ceo

The 2020 Carlton Fields Class Action Survey Julianna Thomas McCabe, director of Carlton Fields’ annual Class Action Survey and chair of Carlton Fields’ National Class Actions Practice Tampa, Florida, July 07, 2020 (GLOBE NEWSWIRE) — The ninth annual Carlton Fields Class Action Survey reveals a spike in class action filings…

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InvestorBrandNetwork (IBN) Launches Inaugural Stock2Me Podcast featuring William Santana Li Chairman and CEO of Knightscope | #corporatesecurity |

LOS ANGELES, July 07, 2020 (GLOBE NEWSWIRE) — via NetworkWire — InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the launch of The Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Stock2Me…

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ED summons Congress leader Ahmed Patel, to grill for 4th time in Sandesara money laundering scam | India News | #employeefraud | #recruitment | #corporatesecurity

New Delhi: Senior Congress leader Ahmed Patel has once again been summoned by the Enforcement Directorate for questioning, , fourth time in a row in connection over alleged links with the Sandesara group, promoters of Sterling Biotech. According to reports, the ED investigators will grill the 70-yr-old senior Congress treasurer…

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