Complete DHS Report for October 04, 2016
Daily Report
Top Stories
• Subaru issued a recall September 30 for 592,647 of its model
years 2010 – 2014 Legacy and Outback vehicles sold in the U.S. due to
potentially improperly manufactured windshield wiper motor covers. – TheCarConnection.com
4. September 30,
TheCarConnection.com – (National) Nearly 600,000 Subaru Legacy, Outback
vehicles recalled for potential fire hazard. Subaru issued a recall
September 30 for 592,647 of its model years 2010 – 2014 Legacy and Outback
vehicles sold in the U.S. due to potentially improperly manufactured windshield
wiper motor covers that may not adequately shield the motor from contaminants,
which could cause a portion of the wiper motor to melt, result in the failure
of the wipers, or cause the motor to catch fire. Source: http://www.thecarconnection.com/news/1106408_nearly-600000-subaru-legacy-outback-vehicles-recalled-for-potential-fire-hazard
• Federal officials announced September 29 that Branch Banking
& Trust Company (BB&T) agreed to pay $83 million to resolve allegations
that it originated and underwrote federally insured mortgage loans that did not
comply with Federal quality control requirements between January 2006 and
September 2014. – U.S. Department of Justice See item 6
below in the Financial Services Sector
• The former chairman of Inyx Inc. was charged in an indictment
unsealed September 30 for his role in a $100 million fraud scheme that led to
the collapse and failure of Westernbank Puerto Rico. – U.S. Department of
Justice
17. September 30, U.S.
Department of Justice – (Puerto Rico) Chief executive officer of
pharmaceutical company charged in $100 million fraud scheme. The former
chairman and chief executive officer (CEO) of Inyx Inc. was charged in an
indictment unsealed September 30 for his role in a $100 million fraud scheme
where he and co-conspirators allegedly caused Westernbank Puerto Rico to
provide loans and lines of credit to Inyx and its subsidiaries by making
material misrepresentations to the bank about the value of the assets the
former CEO pledged as a guarantee for the loans, caused fraudulent customer
invoices to be submitted as collateral for the loans, and embezzled
approximately $25 million in illicit proceeds to his personal bank account from
2005 – 2007. The charges allege the scheme led to the collapse and failure of
Westernbank.
• New York Racing Association (NYRA) agreed September 30 to pay
$150,000 after the organization allegedly dumped 1.26 million gallons of
polluted wastewater at the Aqueduct Racetrack in Ozone Park, New York, from
2013 – 2014. – Associated Press
25. September 30,
Associated Press – (New York) Aqueduct Racetrack settles federal water
pollution complaint. Federal officials announced September 30 that New York
Racing Association (NYRA) agreed to pay $150,000 to resolve alleged violations
of the Federal Clean Water Act after the organization dumped roughly 1.26
million gallons of polluted wastewater at the Aqueduct Racetrack in Ozone Park,
New York, from 2013 – 2014, which eventually flowed into Jamaica Bay. The
settlement also requires the NYRA to post inspection results on a public
Website. Source: http://www.star-telegram.com/news/politics-government/national-politics/article105174091.html
Financial Services Sector
6. September 29, U.S.
Department of Justice – (National) Branch Banking & Trust Company
agrees to pay $83 million to resolve alleged False Claims Act liability arising
from FHA-insured mortgage lending. The U.S. Department of Justice announced
September 29 that Branch Banking & Trust Company (BB&T) agreed to pay
$83 million to resolve allegations that it violated the False Claims Act by
knowingly originating and underwriting mortgage loans insured by the U.S.
Department of Housing and Urban Development’s (HUD) Federal Housing
Administration (FHA) that did not comply with FHA’s quality control
requirements or meet HUD underwriting requirements between January 2006 and
September 2014. The charges also allege that BB&T failed to self-report
loans containing material underwriting defects from at least 2006 – 2013, among
other violations. Source:
https://www.justice.gov/opa/pr/branch-banking-trust-company-agrees-pay-83-million-resolve-alleged-false-claims-act-liability
For another story, see item 17
above in Top Stories
Information Technology Sector
20. October 3,
SecurityWeek – (International) Over 400 vulnerabilities reported to
ICS-CERT in 2015. The Industrial Control Systems Cyber Emergency Response
Team (ICS-CERT) released its vulnerability coordination report for the fiscal
year 2015, which revealed ICS-CERT published 197 advisories covering a total of
427 vulnerabilities during 2015, while only 245 issues were covered in 2014.
The report also revealed that 43 percent of the vulnerabilities were rated as
high severity, and the energy sector was affected by more than 800
vulnerabilities since 2011, followed by the critical manufacturing sector which
was plagued with over 700 flaws, and the water and wastewater systems sector
which was infected with over 600 issues.
Communications Sector
Nothing to report