Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion......»»
New infosec products of the week: August 16, 2024
Here’s a look at the most interesting products from the past week, featuring releases from ClearSale, Guardio, Ivanti, Resecurity, and Stellar. Resecurity unveils new AI-driven Fraud Prevention Platform Resecurity unveiled its advanced AI-driven Fr.....»»
Former GM exec Pamela Fletcher named CEO of EV battery startup
Fletcher brings years of EV and sustainability experience as she takes the helm......»»
VW hires labor relations exec from GM ahead of UAW talks
Christena Wilson, who was human resources and labor relations site director at GM's assembly plant in Arlington, Texas, will take charge of VW's upcoming negotiations with the UAW in Chattanooga......»»
ClearSale introduces three solutions to protect businesses from fraud
ClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today’s digital retail landscape. The newly launched suite, dubbed “Preventative Intel,” introduces three powerful solutions: I.....»»
Scammers dupe chemical company into wiring $60 million
Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently induced outbound wire transfers to accounts controlled by unknown third partie.....»»
Resecurity unveils new AI-driven Fraud Prevention Platform
Resecurity unveiled its advanced AI-driven Fraud Prevention Platform. This versatile solution is engineered to combat fraud across banking, virtual asset service providers (VASPs), gambling, e-commerce, and online marketplaces, providing a robust def.....»»
Former Xbox head credits Apple watch with life-saving low heart rate alerts
Veteran tech executive Peter Moore credits his Apple Watch with an alert that ended up saving his life, resulting in the implantation of a pacemaker to regulate his heartbeat.Tech and sports exec Peter Moore is alive and well, thanks to his Apple Wat.....»»
The EV sales reality has settled in — and suppliers worry they"ll be left holding the bag
The sunny electric vehicle forecasts of past CAR Management Briefing Seminars gave way to a cloudier picture this year......»»
From California"s bronzed surfers to China"s facekinis: A history of tanning around the world
If you're lucky enough to have escaped to sunny shores of late, chances are your colleagues will have complimented you upon your return on your summer glow. Yet tanning as a fashionable practice is both a relatively recent historical phenomenon and o.....»»
UK beekeepers and scientists tackle sticky problem of honey fraud
Lynne Ingram cuts a peaceful figure as she tends to a row of humming beehives in a leafy corner of Somerset, southwest England......»»
Russian cybercriminals returned in high-stakes US prisoner swap
Criminals convicted of multiple cybercrimes have been exchanged for US prisoners......»»
Russia releases former BorgWarner exec Paul Whelan and Wall Street Journal reporter in multinational prisoner swap
Whelan, a former Marine and BorgWarner manager, was arrested in Moscow in December 2018. He was found guilty of spying in 2020 and sentenced to 16 years in prison in 2020. .....»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
California DMV is working to digitize car titles to fight fraud
Digitization will help ease with the location and transfer of titles and help protect against fraud......»»
Russia agrees to release former BorgWarner exec Paul Whelan and Wall Street Journal reporter in prisoner swap, report says
Whelan, a former Marine and BorgWarner manager, was arrested in Moscow in December 2018. He was found guilty of spying in 2020 and sentenced to 16 years in prison in 2020. .....»»
Russia releases former BorgWarner exec Paul Whelan and Wall Street Journal reporter in prisoner swap, report says
Whelan, a former Marine and BorgWarner manager, was arrested in Moscow in December 2018. He was found guilty of spying in 2020 and sentenced to 16 years in prison in 2020. .....»»
Multi-state Apple fraud ring exposed by DHS after routine traffic stop
The Department of Homeland Security busted a sophisticated counterfeiting operation where fraudsters exploited retail return policies to swap genuine Apple products with counterfeit devices nationwide.The Department of Homeland SecurityChalvin Tan wa.....»»
What CISOs need to keep CEOs (and themselves) out of jail
Former Uber CISO Joe Sullivan, who was convicted for attempting to cover up a data breach Uber suffered in 2016, recently posited that in the very near future, CEOs might find themselves held directly responsible for cybersecurity breaches. Consideri.....»»
Logitech has an idea for a “forever mouse” that requires a subscription
Exec says mouse that requires a regular fee for software updates is possible. Enlarge (credit: Getty) Logitech CEO Hanneke Faber recently discussed the possibility of one day selling a mouse that customers can use "fore.....»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»