What is CEO fraud? c/o KnowBe4.com

Irvine, CA - CEO fraud is a phishing scam in which cybercriminals spoof company email accounts

and impersonate executives to try and fool an employee in accounting or HR into executing unauthorized wire transfers, or sending out confidential tax information.

The FBI calls this type of scam "Business Email Compromise" and defines BEC as “a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments. The scam is carried out by compromising legitimate business e-mail accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.”

In the time period from January 2015 to June 2016, the FBI reported a 1300% rise in lossesfrom this type of fraud. Most victims are in the US (all 50 states), but companies in 100 other countries have also reported incidents. While the fraudulent transfers have been sent to 79 countries, most end up in China and Hong Kong. Unless the fraud is spotted within 24 hours, the chances of recovery are small.

Four Attack Methods

Understanding the different attack vectors for this type of crime is key when it comes to prevention. This is how the bad guys do it:

What is CEO fraud? c/o KnowBe4.com2019-11-19T21:29:11-08:00

DFARS 252.204-7012 is going to define new winners and losers in defense contracting

Kevin McDonald has just published his latest article of DFARS (Defense Federal Acquisition Regulations Supplement) at SearchCompliance.TechTarget.com. If you fall into this category, a recently implemented rule from the Department of Defense called the Defense Federal Acquisition Regulation Supplement (DFARS) [...]

DFARS 252.204-7012 is going to define new winners and losers in defense contracting2020-04-08T23:08:28-07:00

Aligning IT and compliance procedures increasingly a business priority

Kevin McDonald writes for TechTarget SearchCompliance on Aligning IT and compliance procedures increasingly a business priority. He says, "When I've asked IT pros about HIPAA Security Rule compliance within their organization, they've typically responded with, "That is the compliance officer's realm" [...]

Aligning IT and compliance procedures increasingly a business priority2020-04-08T23:10:49-07:00

DFARS pre-assessment questionnaire

Los Angeles, CA - Tonight I am reviewing our new DFARS Pre-Assessment Questionnaire that has just been updated for 2017. It is a very compact 30 questions in a four page document. It of course is not a full DFARS assessment, but it is step one of your process you must do before anything else on your DFARS compliance journey.

DFARS is the Defense Federal Acquisition Regulation Supplement. It is a supplement to the FAR that provides DoD-specific acquisition regulations that DoD government acquisition officials – and those contractors doing business with DoD – must follow in the procurement process for goods and services.

If you are an aerospace company, Department of Defense contractor or another type of organization that falls under....

DFARS pre-assessment questionnaire2023-02-07T08:01:16-08:00

IT solution providers speak out on the Silicon Valley/Trump Summit meeting

Irvine, CA - IT solution providers have never been a shy bunch. In this article by CRN - Solution Providers Cheer Trump Tech Summit, Hoping It Will Help Channel Partners Create More Jobs, many share their thoughts on where our president-elect [...]

IT solution providers speak out on the Silicon Valley/Trump Summit meeting2020-04-08T23:12:30-07:00

Here is a list of available ransomware decryption tools

If you have just gotten ransomware, check out this new webpage with a list of new ransomware Decryption Tools. Not all ransomware can be decrypted, but if you find you have:

1.       WildFire Decryptor

2.       Chimera Decryptor

3.       Teslacrypt Decryptor

4.       Shade Decryptor

5.       CoinVault Decryptor

6.       Rannoh Decryptor

7.       Rakhni Decryptor

Here is a list of available ransomware decryption tools2019-12-13T12:54:50-08:00

Alvaka is growing – T minus 1 day

Irvine, CA – We are in the office and set-up for operations at 7 AM tomorrow morning. We start the day off with a staff meeting bright and early.

I was in my office this morning and I got my PC set-up and running, printing, etc. At lunch I decided to kick my feet up on the desk and watch this unusual view I have all day long.

T minus 1 day to moving-in.  Click Here for the Pictures

The move-ology countdown:

Alvaka Networks is growing and moving into new Irvine offices - T minus 6 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 5 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 4 days

Alvaka Networks is growing - T minus 3 days to moving-in

Alvaka Networks is growing - T minus 2 days

https://www.alvaka.net/blog/t-minus-1

Alvaka is growing – T minus 1 day2016-11-01T01:57:24-07:00

Alvaka Networks is growing – T minus 2 days

Irvine, CA – The movers finished delivering all our personal property from the old building. I got my basic office functions set-up tonight and my most important personal items put away. There are still some boxes to unpack and pictures to hang. Some others have done the same. Some offices are still dumping zones and in complete disarray. Most of that will get organized for tomorrow. There is the most basic semblance of an office system starting to come together. By tomorrow night is should be vastly better. We still plan to be completely operational at 7 AM Tuesday morning, but the unpacking won’t be complete.

T minus 2 days to moving-in.  Click Here for the Pictures

 

The move-ology countdown:

Alvaka Networks is growing and moving into new Irvine offices - T minus 6 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 5 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 4 days

Alvaka Networks is growing - T minus 3 days to moving-in

Alvaka Networks is growing - T minus 2 days

https://www.alvaka.net/blog/t-minus-1

Alvaka Networks is growing – T minus 2 days2016-10-31T06:27:57-07:00

Alvaka Networks is growing – T minus 3 days to moving-in

Irvine, CA – The move-in process is going well. It sure is nice being the largest tenant in the building. We get the signage.

The movers are moving the furniture it late into the night. They are busting their butts. The same for the Alvaka engineers. They have all the technology moved over and the cut-over was successful. Last night was Roger’s birthday and Teresa took time out for us all to surprise him with a cake.

T minus 3 days to moving-in.  Click Here for the Pictures

 

The move-ology countdown:

Alvaka Networks is growing and moving into new Irvine offices - T minus 6 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 5 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 4 days

Alvaka Networks is growing - T minus 3 days to moving-in

Alvaka Networks is growing - T minus 2 days

https://www.alvaka.net/blog/t-minus-1

Alvaka Networks is growing – T minus 3 days to moving-in2016-10-29T15:00:00-07:00

Alvaka Networks is growing and moving into new Irvine offices – T minus 4 days

Irvine, CA – We are almost completely packed up. The old offices are decimated. Some don’t have a place to work right now. At 2 PM we shut down completely, except for the 24x7 NOC. That team has a whole special plan of their own. That cut-over will only take about five minutes.

The movers are here getting ready to load the truck. There are furious last minute finishing touches going on at the new office. By tomorrow all of our assets should be delivered. We then have the arduous task of unpacking and getting ready to be in full production on Tuesday at 7 AM.

When I was there last night there was a cleaning crew cleaning up after the construction crews were gone.

T minus 4 days to moving-in.  Click Here for the Pictures

The move-ology countdown:

Alvaka Networks is growing and moving into new Irvine offices - T minus 6 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 5 days

Alvaka Networks is growing and moving into new Irvine offices - T minus 4 days

Alvaka Networks is growing - T minus 3 days to moving-in

Alvaka Networks is growing - T minus 2 days

https://www.alvaka.net/blog/t-minus-1

 

Alvaka Networks is growing and moving into new Irvine offices – T minus 4 days2019-09-05T21:38:56-07:00