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Corrupt Federal Agent charged in Silk Road theft accused of stealing another $700,000

Corrupt Federal Agent charged in Silk Road theft accused of stealing another $700,000
Jul 04, 2016
A former United States undercover agent who stole hundreds of thousands of dollars worth of Bitcoins during an investigation into the underground drug marketplace Silk Road is now suspected of stealing even more of the cryptocurrency from two other cases. Shaun Bridges is one of two former US agents who pleaded guilty last year and was sentenced in December to almost six years in prison for stealing over $800,000 in Bitcoin while investigating the Darknet marketplace. Bridges and his partner stole money from Silk Road accounts and framed someone else for it, which lead the Silk Road chief Ross Ulbricht to plan a murder. Ulbricht is now serving life in prison sentence . Ulbricht was convicted in February 2015 of running the underground black market . According to court filings unsealed on Thursday, Bridges is believed to have stolen additional funds from a Secret Service account on two different occasions months after he was initially charged. Bridges and 46-year-old fo

The Panama Papers — Biggest leak in History Exposes Global Corruption

The Panama Papers — Biggest leak in History Exposes Global Corruption
Apr 04, 2016
A huge trove of confidential documents from the Panamanian law firm Mossack Fonseca was made public on Sunday in what's known as One of the World's Largest Data Leaks ever, called The Panama Papers . Over 11.5 Million Leaked Files including 2.6 Terabytes of Data Even larger than the NSA wires leak in 2013, the Panama Papers includes 2.6 Terabytes of private data , exposing an enormous web of offshore shell companies frequently used by many of the richest and most powerful members around the globe to evade taxes, hoard money, and skirt economic sanctions. Shared with German newspaper 'Suddeutsche Zeitung' by an anonymous source, the leaked documents then passed on to the International Consortium of Investigative Journalists (ICIJ) – in which 370 Reporters from 100 News Media organizations looked into the massive leak for a year. After a year-long investigation, ICIJ and its reporting partners began publishing a series of leaks on Sunday based on the Pa

Hands-on Review: Cynomi AI-powered vCISO Platform

Hands-on Review: Cynomi AI-powered vCISO Platform
Apr 10, 2024vCISO / Risk Assessment
The need for vCISO services is growing. SMBs and SMEs are dealing with more third-party risks, tightening regulatory demands and stringent cyber insurance requirements than ever before. However, they often lack the resources and expertise to hire an in-house security executive team. By outsourcing security and compliance leadership to a vCISO, these organizations can more easily obtain cybersecurity expertise specialized for their industry and strengthen their cybersecurity posture. MSPs and MSSPs looking to meet this growing vCISO demand are often faced with the same challenge. The demand for cybersecurity talent far exceeds the supply. This has led to a competitive market where the costs of hiring and retaining skilled professionals can be prohibitive for MSSPs/MSPs as well. The need to maintain expertise of both security and compliance further exacerbates this challenge. Cynomi, the first AI-driven vCISO platform , can help. Cynomi enables you - MSPs, MSSPs and consulting firms
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