FBI news from FierceComplianceIT

In a significant coup for global cyber-crime fighters, the Mariposa botnet has been shut down by a coordinated multi-country effort. The botnet had vexed authorities around the globe, as it spread... Read more...

We've noted that the government was cracking down on violators of the Foreign Corrupt Practices Act, which essentially bans bribes when competing for overseas business. Siemens was singled out for... Read more...

We've noted that hackers have trained their weapons on a growing list of targets, which now includes small enterprises and public enterprises. The step-up in activity seems to be continuing.... Read more...

We've discussed the rise of criminal activity directed against small companies and their banks. As larger companies impose tougher measures (some would argue with me on this), it's only natural for... Read more...

The FBI, as part of its Operation Phish Fry, has arrested 33 people that took part in a global phishing scam that stole from Bank of America (BAC) and Wells Fargo (WF), among others. More than 50... Read more...

Overlooked in the corporate war on unauthorized access: The rise of personal hacking services. In some ways, this troubling cottage industry is far less of a priority than the massive... Read more...

Louis Freeh certainly picked a good time to hang out his shingle. The former director of the FBI, who subsequently spent five years with MBNA, now runs his own consulting firm in Delaware, reports... Read more...

Recall the saga of Rene Rebollo Jr., the former senior analyst for Countrywide. Rebollo allegedly used a flash drive to steal data on about 20,000 customers a week for two years. He sold the... Read more...

This month, a financial analyst at Countrywide was arrested and charged with stealing customer data and then selling it. OpRisk & Compliance reports that his ability to steal data in this manner... Read more...

Scandals always generate after-the-fact regulatory activity. Sarbanes Oxley is just one of many examples. Now, as the great credit crunch continues to unfold, we are starting to see some interesting... Read more...