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Jail Authorities Mistakenly Early Released 3,200 Prisoners due to a Silly Software Bug

Jail Authorities Mistakenly Early Released 3,200 Prisoners due to a Silly Software Bug

Dec 29, 2016
Washington State Department of Corrections (DoC) is facing an investigation after it early released around 3,200 prisoners over the course of 13 years , since 2002, when a bug was introduced in the software used to calculate time credits for inmates' good behavior. The software glitch led to a miscalculation of sentence reductions that US prisoners were receiving for their good behaviour. Over the next 13 years, the median number of days of those released early from prison was 49 days before their correct release date. "This problem was allowed to continue for 13 years is deeply disappointing to me, totally unacceptable and, frankly, maddening," Washington State Governor Jay Inslee said in a statement . "I've [many] questions about how and why this happened, and I understand that members of the public will have those same queries." What's the Bug and How did it Remain Undetected for 13 Years? The issue lies in DoC software that is...
Hong Kong stock exchange Hacker sentenced for 9 Months Jail

Hong Kong stock exchange Hacker sentenced for 9 Months Jail

Nov 09, 2012
Tse Man- lai,  28-year-old businessman, owner of an information technology company, launched denial-of-service (DoS) attacks on Hong Kong stock exchange last year on August 12 and 13 , was sentenced to nine months in jail on Friday. According to SCMP , Tse Man- lai, who had pleaded not guilty to two counts of obtaining access to a computer with criminal or dishonest intent, was convicted of both counts in the District Court on October 24.  The attacked website is one of the most important economic platform of Hong Kong. Trading in the shares of seven companies was suspended. The seven companies, which included HSBC, Cathay Pacific Airways and HKEx itself, had a combined market value of HK$1.5 trillion. Trading was also halted on a debt security and 419 warrants and derivatives linked to the suspended stocks. Trading in the stocks were suspended, as the companies had tried to make price-sensitive announcements during the lunchtime trading break, which investor...
Want to Grow Vulnerability Management into Exposure Management? Start Here!

Want to Grow Vulnerability Management into Exposure Management? Start Here!

Dec 05, 2024Attack Surface / Exposure Management
Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...
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