FBI Investigates Cyberjacking

Protus3 Theft, Embezzlement, and Fraud

September 16, Infosecurity – (National) FBI probes over 400 cases of corporate bank account cyberjacking. The FBI is currently investigating over 400 reported cases of corporate banking account takeovers in which cybercriminals have initiated unauthorized automated clearing house (ACH) and wire transfers from U.S.-based organizations, an FBI official told a U.S. House panel the week of September 12. Through this …

Scientist Pleads Guilty to Stealing Secrets

Protus3 Theft, Embezzlement, and Fraud

September 15, The Associated Press – (International) Ind. scientist agrees to plead guilty to stealing secrets from Dow, sending to China, Germany. A former Indiana scientist has agreed to plead guilty to charges of illegally sending trade secrets worth $300 million to China and Germany. A federal judge September 15 scheduled a plea hearing for October 18. The suspect could …

The Cost of Security

Protus3 Security Program Development, Theft, Embezzlement, and Fraud

The former director of a North Carolina Central University program designed to help minority students used an unauthorized bank account to divert more than $1 million from the program over six years, according to a state audit (WRAL News Story). What can we learn from this story? It’s usually easier and cheaper for companies and organizations to be proactive rather …

A Locked Room

Protus3 Security Assessment, Theft, Embezzlement, and Fraud

On Monday, an employee reports that there is one monitor missing from the shipment of new monitors that was received the previous Friday. The quantity was verified at delivery by the shipping company and two of your employees. The interior door to the loading dock was locked on Friday evening and was still locked on Monday morning. The roll-up loading …

Pre-employment Background Investigations

Protus3 Background Investigation

Why did the chicken cross the road? You know the rhetorical question and the answer: to get to the other side. But would the chicken cross a six-lane highway during rush hour traffic with his eyes closed? I think not; chickens are smarter than that. I use that old joke to illustrate the dangers and risks some companies assume if …

Products for Sale

Protus3 Security Program Development, Theft, Embezzlement, and Fraud

An employee comes to you and tells you that her uncle bought some of your company’s products at a very good price. The employee asks how he could make the purchase at less than the employee discount. That afternoon, you receive a call from the local police department. They report that some of your company’s products have been spotted at …