Monday, December 24, 2012
      
Merry Christmas


Daily Report

Top Stories

 • The president of a tool manufacturing and tubing company was sentenced by a federal judge to 2 years in prison for selling $3.9 million in unsafe parts to the military. – Columbus Dispatch

6. December 19, Columbus Dispatch – (Michigan) Executive gets 2 years in prison for cheating military. The president of a tool manufacturing and tubing company was sentenced by a federal judge to 2 years in prison for selling $3.9 million in unsafe parts to the military. Source: http://www.dispatch.com/content/stories/local/2012/12/19/sarnac_sentence.html

 • Symantec researchers identified an information-stealing trojan dubbed “Stabuniq” on mail servers, firewalls, gateways, and other servers belonging to U.S. banking institutions. – IDG News Service See item 7 below in the Banking and Finance Sector

 • Federal authorities in Los Angeles arrested a former bank executive accused of receiving more than $10 million from Olympus for his part in helping the company conceal $1.7 billion in losses. – New York Times See item 9 below in the Banking and Finance Sector

 • A United States Department of Agriculture internal audit found that inspectors knew about salmonella contamination at an egg farm prior to a 2010 outbreak that sickened 1,900 people, and that lack of coordination in federal inspections contributed to the massive recall. – Capital Press

19. December 20, Capital Press – (National) Audit faults multi-agency egg inspection scheme. A United States Department of Agriculture internal audit found that inspectors knew about salmonella contamination at an egg farm prior to a 2010 outbreak that sickened 1,900 people, and that lack of coordination in federal inspections contributed to the massive recall. Source: http://www.capitalpress.com/newest/mp-egg-audit-122012

Details

Banking and Finance Sector

7. December 21, IDG News Service – (National) Stabuniq malware found on servers at U.S. financial institutions. Symantec researchers identified an information-stealing trojan dubbed “Stabuniq” on mail servers, firewalls, gateways, and other servers belonging to U.S. banking institutions. Source: http://www.pcworld.idg.com.au/article/445195/stabuniq_malware_found_servers_u_financial_institutions/

8. December 21, BankInfoSecurity – (International) DDoS: PNC, Wells report traffic surge. PNC Financial Services and Wells Fargo reported minor disruptions to service as the result of a second phase of announced, hacktivist-distributed denial-of-service attacks (DDoS), but the attacks were not as effective as earlier DDoS attacks by the same group. Source: http://www.bankinfosecurity.com/ddos-pnc-wells-report-traffic-surge-a-5374

9. December 20, New York Times – (California) U.S. makes arrest in Olympus accounting scandal. Federal authorities in Los Angeles arrested a former bank executive accused of receiving more than $10 million from Olympus for his part in helping the company conceal $1.7 billion in losses. Source: http://www.nytimes.com/2012/12/21/technology/us-makes-arrest-in-olympus-accounting-scandal.html?_r=0

10. December 20, KCAL 9 Los Angeles – (California) FBI hunts for San Gabriel man behind $11M mortgage fraud scheme. Federal authorities asked for the public’s help in tracking down a man who was convicted in relation to $11 million in mortgage fraud schemes but failed to appear in federal district court in Los Angeles for sentencing. Source: http://losangeles.cbslocal.com/2012/12/20/fbi-hunts-for-san-gabriel-man-behind-11m-mortgage-fraud-scheme/

Information Technology Sector

See Item 7 above in the Banking and Finance Sector

Communications Sector

Nothing to report


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