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Verizon #shareholders want #executive #pay tied to how well it #improves its #cybersecurity

With data breaches at Yahoo, Equifax, and seemingly every other company plugged into the internet, who hasn’t had their personal information compromised? If fines, lawsuits, and the stock market aren’t enough to compel companies to improve security, activist stockholders have another idea—hitting executives in their wallets. Today, shareholders in Verizon filed a proposal for the company’s May 3 annual meeting requesting the board to consider tying the compensation of “senior executives” to the company’s security performance.

The effort is led by social- and environmental-oriented investment management firm Trillium Asset Management, and by the New York State Common Retirement Fund, a behemoth with about $192 billion in assets.

The proposal cites some of the more recent Verizon data breaches: info on 1.5 million customers in 2016 and 6 million in 2017. But it also notes the elephant in the mergers and acquisitions room: Verizon’s recent purchase of both AOL and Yahoo—the latter company infamous for hackers compromising the data of a billion users. Rolling these companies together, Verizon plans to massively extend its digital advertising business to reach up to 2 billion additional people, the proposal states. And advertising partnerships will mean sharing information with more third parties.

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The post Verizon #shareholders want #executive #pay tied to how well it #improves its #cybersecurity appeared first on National Cyber Security Ventures.

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Russian Teacher Arrested On Terrorism Charge Tied To Antigraft Protests

Russian authorities have arrested a university teacher on charges of calling for “terrorist activities” with anonymous Internet posts related to recent antigovernment protests.

Russia’s main investigative agency said in an April 10 statement that the suspect, identified in the media as 25-year-old Dmitry Bogatov, posted content “calling for mass disorder in central Moscow” and publicly tried to stoke potentially deadly actions.

The Investigative Committee said Bogatov, who teaches math at a Moscow university, was formally placed under arrest earlier in the day.

The teacher told a court hearing he is innocent.

Russian authorities had previously said they had opened a criminal investigation into unidentified individuals who had called for an April 2 unsanctioned anticorruption demonstration in Moscow.

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No rewards for cyber security as cybercrime defenders have hands tied by red tape

A new report by Intel Security has revealed that there is a significant gap between strategy and implementation of cyber security measures, allowing hackers to beat the defenders and capitalise on their malicious actions. The report shows three key areas … View full post on National Cyber Security Ventures hacker proof, #hackerproof

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Jacob Wetterling abduction tied to child porn suspect

Federal authorities are calling a man arrested for child pornography a person of interest in the 1989 abduction of an 11-year-old boy who is still missing.

Daniel James Heinrich, 52, was arrested Wednesday and charged with five counts of possessing and receiving child pornography but has not been charged in connection with the disappearance of the boy, Jacob Wetterling of St. Joseph, Minn., Richard T. Thornton, FBI special agent in charge of the Minneapolis office, said Thursday.

After searching Heinrich’s Annandale, Minn., residence July 28, investigators found 19 three-ring binders filled with pornographic images of young boys, a computer hard drive filled with images, and a collection of VHS tapes containing images of children doing ordinary things, “like delivering newspapers, playing on the playgrounds and riding bicycles,” U.

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Police just arrested 4 men suspected of running scams tied to one of the biggest data breaches in history

Source: National Cyber Security – Produced By Gregory Evans

US and Israeli law enforcement officials have arrested four men for suspected involvement in cyber blackmail and stock manipulation scams believed to be tied to the 2014 JPMorgan data breach. The US Federal Bureau of Investigation (FBI) reported the arrests of Anthony Murgio, Yuri Lebedev, Gery Shalon and Ziv Orenstein and late on Tuesday. Bitcoin ‘ransomware’ Murgio and Lebedev are believed to have run an illegal Bitcoin money laundering exchange. (Bitcoins are a cryptographic currency that facilitate semi-anonymous transactions online.) The exchange was reportedly in violation of US federal anti-money laundering (AML) laws and made money by charging customers, many of which the FBI believe are engaged in criminal activity, to swap cash for Bitcoins. The FBI claims Murgio specifically exchanged cash for Bitcoins for victims of “ransomware” – a form of malware that locks victims out of their computer and demands they pay an unlock fee, often in Bitcoins. If true this would make him a co-conspirator in the illegal cyber blackmail operations. The FBI estimates the exchange earned the two at least $1.8m between October 2013 and January 2015. The specific charges against the two are: Conspiracy to operate an unlicensed money transmitting business. Operating an unlicensed money […]

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FBI Examining Whether Russia Is Tied to JPMorgan Hacking

Source: National Cyber Security – Produced By Gregory Evans

FBI Examining Whether Russia Is Tied to JPMorgan Hacking

Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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