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The Insider Threat Cost One Mortgage Company $25 Million

This case of intrigue may seem like it belongs in a spy novel, but in this case, it is winding up in the Board Room and the court room. Here is the story.  Chicago based Guaranteed Rate courted the employee of a much smaller rival mortgage company, Benjamin Anderson.  While still employed at the smaller […]

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Fourth Cryptocurrency Heist in a Month – SEC May Step In

An undisclosed attack vector allowed a hacker to steal $8.4 million in Ethereum, a competitor to Bitcoin, during it’s “initial coin offering”.   This is the fourth time this month Ethereum alone was attacked, not counting attacks on other cryptocurrencies (Bitcoin and Ethereum are two popular cryptocurrencies – that is, so called currencies based on […]

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How To Get In Trouble When Outsourcing IT

The Swedish government has become embroiled in a scandal after an IT outsourcing deal went horribly wrong. There was an old TV commercial that included the line “No one ever got fired for buying IBM”, implying that IBM was a safe bet.   Not in this case. The Swedish Transport Agency decided to outsource it’s […]

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