Log In | Subscribe | | |

ChiefOfficers.Net

The USA's Cybersecurity and Infrastructure Security Agency (CISA) and the Multi-State Information Sharing & Analysis Center (MS-ISAC) are reporting the large-scale re-emergence of the Emotet trojan. Since July 2020, CISA has seen increased activity involving Emotet-associated indicators. During that time, CISAs EINSTEIN Intrusion Detection System, which protects federal, civilian executive branch networks, has detected roughly 16,000 alerts related to Emotet activity. CISA observed Emotet being executed in phases during possible targeted campaigns. Emotet used compromised Word documents (.doc) attached to phishing emails as initial insertion vectors. It spreads via links in e-mails and as macros in .doc files attached to e-mails.

CoNet Section: 

Below is a notice from FinCEN, the USA's Financial Intelligence Unit. But there's a subliminal message. It's issued out of the FinCEN distribution system but it makes it very obvious that FinCEN is part of Treasury. And, as we know, you don't mess with Treasury, ergo you don't mess with FinCEN.

The actual subject is scary, too.

CoNet Section: 

The USA's Securities and Exchange Commission has announced its 100th award under its whistleblower scheme. It's the 33rd this year.

CoNet Section: 

The USA's Securities and Exchange Commission as done a deal with Power Solutions International Inc. of Chicago to "settle accounting fraud" allegations related to the company's overstatement of revenues by almost USD25 million.

It's not a criminal case so technically they are not "charges" which is how the SEC refers to them. And there's no judgment because the case didn't go to court. So the term "Order" is an administrative not a judicial document of record. Also, while the buzz is about "accounting fraud" the "fraud" was not the offence which the SEC proceeded with - that was filing misstated accounts.

Having cleared that up, the case is interesting: remember ENRON, anyone?

CoNet Section: 

One of the most persistent forms of fraud, now well over 100 years old, is directory fraud. In a recent iteration, there is at least something a little different.

CoNet Section: 

The USA is using Taiwan to bait China, as it did with Hong Kong, and China is responding.

CoNet Section: 

Financial Crime Risk and Compliance Training (our sister division) has added five pages to its course "Essentials: lawyers and money laundering, etc." New court judgments in Australia are set to revise attitudes to notices compelling delivery of documents.

CoNet Section: 

Australia has once more taken action against an overseas corporation in respect of the terms and conditions it imposes on purchasers in Australia.

Is Australia's approach to policing e-commerce workable in a global economy?

CoNet Section: 

There was a millennium bug joke - an airline captain told his passengers that one of the aircraft's engines had cut out because of the millennium bug but it was OK because the other one was still working. Then his co-pilot told him that the clock on that one was a minute slow.

Of course, no airlines fell from the sky at midnight on 31 December 1999 and even the dozens of chips in some of the USA's nuclear missiles that were causing concern turned out to be just fine.

So, that's that then, you might think. But no.

CoNet Section: 

Good grief. This arrived today. It's a straight copy, errors included but with the links redacted. And if there really is someone called "Blythe Masters," if I were you I'd sue your parents for giving you such a stupid name.

CoNet Section: 

That's it. We've had enough. Until internet domain name registrars start to adopt responsible practices over who they sell domains to, especially the plethora of top level domains that criminals habitually use for the nefarious activities, it's time to block them entirely.

CoNet Section: 

Even by the standards of spammers, we have to be impressed with the targeting of this outfit. antimoneylaundering.net has, this spammer claims, sent an e-mail to antimoneylaundering.net. That's our sister domain. That's not clever - lots of criminals do that. It's not even clever to put the name in the "from " - criminals and sales people do that. But to tie it to something that might actually be of genuine interest? That is clever or, at least, devious.

CoNet Section: 

When we all wrapped up at the end of the 2019 Formula One season, there was the usual end of season feeling: a bit excited, a lot deflated (the Abu Dhabi race does that to me every time - it just doesn't cut it coming after Brazil) and a feeling that the next few months would be punctuated with bits of news from factories, some driver chat and the testing in Barcelona so we northern Europeans get reminded of what sun looks like. And then, it's off to Australia - in reality or virtually - for the season opener that really tells us nothing much about how the season will go and - fun as it is, it's really a shakedown test with points for those that don't shake apart. A huge cock up saw the teams arrive, unpack, set up cars - and then put them all back in the box and go home without a single car doing a lap. Covid-19 had struck and chaos reigned. Until yesterday.

CoNet Section: 

Public thanks: TechWarehouse in Kuala Lumpur. I bricked my primary PC and nothing else in the house was capable of handling its workload. I needed something urgently until I get the big box to ASUS so they can work out why the BIOS isn't working out and fix it.

CoNet Section: 

Oh, ACCC, ACCC, ACCC. Have the Australian Competition and Consumer Commission not learned that success is expected and we are remembered by our failures?

And this failure is the result of one bad decision after another.

CoNet Section: 

Pages

1 2 3 4 5 6 7 8 9 next › last »
hahagotcha