Several US federal government agencies have been hit in a global cyberattack by Russian cybercriminals that exploits a vulnerability in widely used software, according to a top US cybersecurity agency.
The US Cybersecurity and Infrastructure Security Agency “is providing support to several federal agencies that have experienced intrusions affecting their MOVEit applications,” Eric Goldstein, the agency’s executive assistant director for cybersecurity, said in a statement on Thursday to CNN, referring to the software impacted. “We are working urgently to understand impacts and ensure timely remediation.”
U.S. federal prosecutors will have greater leeway to decline to prosecute companies that self-report criminal matters and cooperate with government investigations, the Justice Department said on Tuesday.
It was touted as the future of finance. Today, the world of cryptocurrencies is in disarray. The fallout from the catastrophic collapse of crypto exchange FTX is spreading, and a so-called "crypto winter," which has dragged on for months, shows no signs of letting up. The value of bitcoin is down almost 70% from its all-time high hit on November 2021.
Dec 19 (Reuters) - U.S.-based manufacturer Honeywell International Inc (HON.O) on Monday said it has agreed to pay about $200 million to settle criminal and civil corruption investigations in the United States and Brazil.
LONDON, June 23 (Reuters) - Britain's Financial Conduct Authority (FCA) has fined Ghana International Bank (GHIB) 5.8 million pounds ($7.1 million) for failings in its anti-money laundering controls.
The Anglo-Swiss company Glencore admits that it paid bribes in six African countries. Will we ever know the identity of those responsible? A look back at a resounding affair with still-present grey areas, which has tarnished the mining industry, particularly on the continent.
Dec 23 (Reuters) - French jet engine maker Safran SA (SAF.PA) will pay about $17.2 million as part of a settlement with the U.S. Justice Department over bribes its subsidiaries allegedly paid in China, the Department of Justice (DoJ) said in a statement made public on Friday.
Traditional whistleblower hotlines are going to be a thing of the past. They certainly served a purpose and pioneered a way for employees to report wrongdoing at their companies confidentially. But the reasons are stacking up against them as to why they’re no longer serving companies and employees in 2021. And if companies continue to use them, they need to realize that issues or concerns may go unreported because employees don’t want to use that channel to report.
TOKYO, Dec 26 (Reuters) - A former Tokyo Olympics official arrested on bribery charges was granted bail on Monday, public broadcaster NHK reported. A Tokyo District court set bail for Haruyuki Takahashi at 80 million yen ($603,000), NHK reported.
The Spanish company Maxam Ghana Limited in charge of a truck that exploded and killed 13 people at Apeatse in the Prestea Huni-Valley Municipality of the Western Region has been fined $6 million for regulatory breaches regarding the manufacture, storage, and transportation of explosives for mining and other civil works.
Belgian prosecutors investigating allegations that Qatar has sought to influence EU policy by bribing European parliament officials have charged four people with money laundering, corruption and participating in a criminal organisation.