A second former medical researcher has been sentenced to serve time in federal prison for his part in a conspiracy to steal trade secrets from an Ohio children’s hospital and sell them to China. Meanwhile, the hospital has filed suit, alleging violations of employment provisions involving data security.
A Kansas man faces federal charges for allegedly accessing the network of a local water treatment facility and tampering with the systems that control the cleaning and disinfecting procedures, according to the Justice Department. The charges follow a similar security incident at a Florida facility.
The latest edition of the ISMG Security Report features an analysis of recent “tell-all” interviews with members of ransomware gangs. Also featured: insights on securing IoT devices and mitigating insider threat risks.
A Russian national who conspired to extort millions from electric car manufacturer Tesla by trying to plant malware in the company's network has pleaded guilty to a single federal conspiracy charge, according to the U.S. Justice Department. The FBI thwarted the plot before it could be carried out.
The U.S. Marine Corps looks to expand its insider threat program and seeks proposals to include activity monitoring technology on its enterprise and classified networks. The goal is to give the Marines greater ability to monitor network traffic and stop insiders from exposing data.
Russian-Dutch multinational e-commerce company Yandex sustained a data breach in which 4,887 customer accounts were compromised after an employee with systems admin privileges gave unauthorized access to attackers.
What action can companies take to help prevent occupational fraud by insiders? Ganeshwaran Thuraisingham of the Association of Certified Fraud Examiners shares some important steps taken by the association in the APAC region to build awareness of emerging fraud trends and how to mitigate risks.
The sentencing this week of a medical researcher who pleaded guilty in a federal case involving conspiracy to steal trade secrets from a children’s hospital and sell them to China spotlights the growing risks to medical intellectual property posed by insiders.
Ticketmaster has agreed to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor's computer system on at least 20 separate occasions, using stolen passwords to conduct a cyber espionage operation.
Italian authorities arrested two employees of the Italian defense contractor Leonardo S.p.A. for installing a backdoor Trojan into the company's systems and exfiltrating 10GB of data over a two-year period, according to local law enforcement officials.
A former Microsoft software engineer has been sentenced to nine years in prison after being found guilty on 18 criminal charges in connection with the theft of more than $10 million through the company's online retail platform.
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
A former vice president of a personal protective equipment packaging firm has been sentenced to prison and ordered to pay restitution for sabotaging the company's electronic shipping records during the COVID-19 pandemic - causing delays in deliveries - after he was terminated from his job.
A recent incident at a Canadian hospital involving a vendor's former employee who allegedly stole patient records in an attempt to extort money after being laid off illustrates the complex insider threats organizations face.