Complete DHS Report for October 04, 2016
• 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.
Nothing to report