Danielle Chiesi, a key player in the insider trading case that nabbed executives from IBM and Intel, pleaded guilty to three counts of conspiracy and faces up to four years in prison. – Danielle Chiesi, a central figure in the massive insider trading scandal
that included a long-time IBM executive, faces up to four years in prison after
pleading guilty to conspiracy charges in U.S. District Court.
Chiesi,
who was one of 24 people arrested in October 2009 in connection with the
…
This year saw its fair share of malware attacks, data breaches and security challenges. Peruse many of the prediction lists from security vendors at the end of 2009, and you’ll see that most of what we experienced this year in the world of cyber-security was expected. Some of that is because many predictions about what will happen in the future are fairly generic& things like "malware will increase" or "botnets will continue to proliferate" (SURPRISE!). You can’t fault people too much for playing it safe. With 2010 coming to a close, it is only natural to turn our attention to what could be coming in the future. With that in mind, eWEEK got to thinking about 2011 and some of the security trends that could impact life for enterprise IT administrators during the next 12 months. No one has a crystal ball, but the growth of cloud computing, the continued consumerization of IT and ongoing debates about online privacy create an interesting cocktail for the upcoming year. So here, eWEEK culled some of the better, more provocative predictions for 2011 using input from vendors such as CA, IBM and Websense, and added some of our own ideas into the mix. So without further ado, here are some of the top security predictions for 2011. – …
Wall Street Journal reports that the U.S. Security and Exchange Commission is investigating Mark Hurd for possible insider trading illegalities that allegedly took place in 2008. – Former Hewlett-Packard CEO Mark Hurd has been a regular magnet for legal controversy in 2010.
On Aug. 6, he was forced to resign at HP
following allegations of sexual harassment by an HP social-event
contractor and for falsifying reimbursement documents to cover up the
relationship. Hurd s…
Federal prosecutors arrested one-time employees at AMD, Dell, TSMC and Flextronics for selling confidential information to investors. – Five more people, including former employees with
Dell, Advanced Micro Devices and Taiwan Semiconductor Manufacturing,
were arrested in the federal governments expanding investigation into
insider trading that already has snared executives with several major
high tech firms.
Federal prosecutors…
The WikiLeaks situation sparks conversations about mitigating insider threats. – At the center of the WikiLeaks controversy is U.S. Army Private First Class
Bradley Manning, the man suspected of having passed
the whistle-blower Website a massive collection of U.S.
embassy cables.
Manning has been in military custody for the past several months with
charges of transferrin…
Last Thursday, Nick Lachey and Vanessa Minnillo formally announced their engagement after a four-year courtship. The news hardly came as a surprise to Nick’s ex-wife — singer-actress Jessica Simpson — she always knew the day would come when the singer would propose to another woman. But she didn’t expect it to hurt so badly. “Even [...]
Per the Hollywood Insider, uberdirector James Cameron is undergoing several meetings in regards to heading up the new Cleopatra film, which is said to have Angelina Jolie attached to star as the egyptian queen. Writing the script is Brian Helgeland (Robin Hood) and Social Network producer Scott Rudin is on board to produce. The project [...]
The voices of McKinley High’s New Directions could soon find themselves belting out “Dancing In The Dark” and boogeying to “Born In the USA,” if a Glee insider is to be believed. Word on The Curb has it that Bruce Springsteen, 61, is in talks to appear in a tribute episode of the Emmy-nominated Fox [...]
Neighbours Malaysia and Singapore are considering an undersea tunnel link, the Malaysian Insider web portal reported, citing Malaysia Transport Minister Kong Cho Ha. This would help realise plans for a rapid rail transit system running between Malaysia’s southern city of Johor and Woodlands in northern Singapore, according to the report.
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Robert Pattinson is on the brink of mental breakdown, it has emerged. The British actor is struggling to deal with being one of the world’s biggest stars — and the constant intrusion into his life, reports Britain’s Look magazine. And sources say Rob’s rumoured girlfriend, his Twilight co-star Kristen Stewart, is worried sick. “Kristen’s absolutely [...]
Singer Leona Lewis has an American producer-cum-admirer in Dallas Austin, it has been revealed. Lewis, 25, is currently working on her songs with Austin, and an insider has revealed that he is very much in awe of her. “Dallas has certainly taken a shine to Leona. He loves that she’s smart, sexy and successful,†the [...]
At the upcoming DEFCON security conference, Fortify Software researchers will detail examples of insider attacks against real software systems, and what your business can do about it. – When insider data breaches hit, they hit hard.
Just recently, a former senior database administrator for
GEXA Energy was sentenced to a year in prison for illegally accessing,
copying and damaging a customer database two months after he was fired.
The act cost the company $100,000 in damages an…
Shamed celebrity journalist Pat O’Brien is bringing his tale of rehab, divorce, and public scandal to the shelves of your local bookseller: he’s writing a memoir. The former sportscaster, who later served as host of entertainment newsmagazines Access Hollywood and The Insider, is expected to write about his marriage, career, and battle against booze in [...]
Michael Jackson”s 12-year-old daughter Paris is struggling the most with her father”s death, it has emerged. “She has pictures of Michael plastered over all her walls and is really attached to all his memorabilia,” News.com.au quoted a family insider as telling Foxnews.com. “In time, it”s very much expected that they will go into the entertainment [...]
Matt Simmons was an energy adviser to President George W. Bush, is an adviser to the Oil Depletion Analysis Centre, and is a member of the National Petroleum Council and the Council on Foreign Relations. Simmon is chairman and CEO of Simmons & Co…
Robert Moffat, at one time a senior vice president and group executive for IBMs hardware business, may plead guilty March 30 for his role in an insider trading scandal that netted more than $25 million in illegal gains. Moffat, who waived indictment, would be the 11th person to plead guilty in a case that also saw an Intel official arrested.
– Robert Moffat, the former high-ranking IBM executive charged in a
wide-ranging insider trading scheme, appears ready to plead guilty,
possibly as soon as March 30.
According to reports and court documents, Moffat, who
at one time was seen as a possible successor to current IBM CEO Sam
Palmisano…
According to published reports, Rajiv Goel, a former Intel treasury department manager, could plead guilty as soon as Feb. 8. Goel reportedly waived indictment, a necessary step before pleading guilty. Goel was among more than 20 people charged in the insider trading scheme, which prosecutors say generated more than $20 million in illegal gains.
– Rajiv Goel, the former Intel executive named in a massive Wall Street
insider trading scandal, could plead guilty to charges as early as Feb. 8,
according to published reports.
Federal prosecutors filed papers Feb. 4 in U.S. District Court
in New York indicating that the 51-year-old, who was pla…
One of the most common ways of preventing insider security breaches is to have an auditing system in place, which monitors who is doing what within the system. Another method of preventing insider security breaches is to implement a system of job rotation or separation of duties. But Multi-Party Authorization is a better method for proactively preventing insider security breaches because, as Knowledge Center contributor Craig Palmore explains here, Multi-Party Authorization requires two or more people in order to allow access to certain sensitive files.
– XYZ
Corporation’s trusted employee, Harry, scanned his computer screen,
whistling through his teeth. quot;Nearly there now, quot; he thought. quot;Just a
few more clicks and I’ll get what I need to know. They’re going to pay
me for what I find out. quot; Harry’s fingers flew over the keyboard,…
