World First: Speeding Driver Implores Cops to Pull Him Over! http://www.intellisec.com/blog/2010/03/11/wor... You couldn’t help but feel for 61-year-old James Sikes as the TV news featured his runaway Toyota Prius on a wild ride along a Californian freeway. Who would want to be in his shoes as he pushed the brake pedal flat to the floor to no avail?
Another US Ponzi Scheme Hits the Dust http://www.intellisec.com/blog/2009/12/21/ano... As The Wall Street Journal reported on December 3, a Minnesota jury has found the operator of a $US3.65 billion Ponzi scheme guilty of all 20 counts of wire fraud, mail fraud, money laundering and conspiracy, potentially consigning him to life in prison without parole.
Guarding Against Corporate Fraud http://www.intellisec.com/blog/2009/12/13/gua... The Indian outsourcing firm, Satyam Computer Services, which was the subject of the country’s biggest corporate fraud scandal in January 2009, has been hit with a tranche of supplementary charges. According to India’s Central Bureau of Investigation, the extent of the total fraud now stands at around $US3 billion.
Seven Danger Areas To Watch For In A Hi-Tech World http://www.intellisec.com/blog/2009/12/01/sev... With new technologies being introduced into your business environment at a dazzling pace, it’s easy to overlook the extent to which the divide between your employees’ work time and their private lives and ambitions is increasingly blurred. Here are a number of areas where you need to be aware of what your employees are doing...
Hackers: Barbarians at Your Corporate Gate http://www.intellisec.com/blog/2009/11/29/hac... The risk of hackers penetrating your company’s database and exposing your commercial secrets ”“ if not some dirty linen as well ”“ Thousands of private emails between top climate change scientists were made public, revealing the bitter disagreements over the cause of this contentious phenomenon.
Guarding Your Company's Customer Records http://www.intellisec.com/blog/2009/11/22/gua... Mid-November brought an embarrassing admission from a mobile phone company in the UK. T-Mobile had to inform Commissioner Christopher Graham, that staff had passed on millions of records from thousands of customers to third party brokers.
Ten Ways to Protect Against Payroll Fraud http://www.intellisec.com/blog/2009/11/17/ten... Australia’s Daily Telegraph ran a useful report in mid-November on payroll fraud, a form of financial crime that is often particularly difficult to detect.
The Contagion of Fraud: Best Nipped in the Bud http://www.intellisec.com/blog/2009/11/15/the... Only a few months ago, mention of the name Bernard Madoff brought to mind America’s biggest-ever Ponzi scheme. The sheer scale of the financial fraud involved and the audacity with which it was carried out dazzled most people.
Duel of the Designers: New Industrial Espionage War Zone http://www.intellisec.com/blog/2009/11/08/due... One of China’s major car companies, Great Wall, which is Hong Kong listed and also one of the biggest non-state motor manufacturers, has accused Fiat of secretly photographing its production line and stealing information on its new models.
The Cyberspace Explosion: Five Tips for Survival http://www.intellisec.com/blog/2009/11/04/the... The new digital world of easy communications and social networking is so surprisingly open that many no longer see the problem as one of Big Brother watching us. It’s more a matter of us being obsessed with watching each other.
McKinsey Partner's Arrest Spotlights White-Collar Crime http://www.intellisec.com/blog/2009/11/02/mck... The elite US consulting firm of McKinsey & Company, long known for its prudence and caution, must have been low on anybody’s suspect list of those likely to be involved in financial crime.
McScam: Fast Food Customers Fleeced http://www.intellisec.com/blog/2009/10/29/mcs... Australia’s Daily Telegraph reported on October 21 that McDonald’s ”“ the largest fast food chain in the country ”“ will overhaul security on its EFTPOS machines after customers were stripped of $A4 million.