Articles about Sec


SEC takes $30m pound of flesh in newswire-hacking scandal

A Ukranian investment company and its CEO are going to pay the US government $30m for trading on info swiped from press releases before they were made public. The US Securities and Exchange Commission (SEC) said Jaspen Capital Partners Ltd and CEO Andriy Supranonok illegally profited from investments made based on stolen press …
Shaun Nichols, 14 Sep 2015
firing range - target in cross hairs

SEC joins hunt for FIN4 attackers

America's Securities and Exchange Commission (SEC) has joined the hunt for the FIN4 hacking group. The bunch, revealed by FireEye in December 2014, used a phishing attack to get access to listed companies' computer systems. Their payoff was to get insider information to trade their targets' stocks. According to Reuters, the SEC …

SEC launches probe into tech startup share selling 'black market'

The US Securities and Exchange Commission (SEC) is launching a probe into the booming "black market" in hotly-tipped, privately-held tech stock occurring outside the US regulator's watchful gaze. According to a report by The Wall Street Journal [paywall], the SEC is to launch an investigation after observing a recent boom in …
Kat Hall, 06 Jul 2015
Intel sign by

Intel's Omni-Path InfiniBand-killer debuts at sizzling 100 Gb/sec

SC15 Intel's putative InfiniBand-killer Omni-Path has been revealed as the centrepiece of the enhanced Scalable System Framework (SSF) announced at the Supercomputer 15 conference (SC15) in Texas. First announced at the pitch for the American government's HPC “Coral concept”, under which the industry is asked to deliver a 180 …

In-a-spin Home Sec: 'We won't be rifling through people's web history'

IPB The Tory government's draft Investigatory Powers Bill is expected to land in Parliament with a thud on Wednesday. However, over the weekend, Home Secretary Theresa May once again rejected claims that the latest attempt to legislate to massively ramp up surveillance of Brits' online activity would lead to authorities being able …
Kelly Fiveash, 02 Nov 2015

Big Blue stuffs data into backup at GIGABYTES/sec

IBM's TSM backup product goes super-fast when backing up to the Elastic Storage parallel file system, according to company trials. TSM stands for Tivoli Storage Manager, with Elastic Storage being the re-branded GPFS. Servers running TSM were linked to an Elastic Storage array in a proof-of-concept test by IBM engineers in …
Chris Mellor, 22 Dec 2014

Mobile 4G spectrum investors actually spent $12.4m on walkie-talkie frequencies – US SEC

Americans were duped into buying duff radio frequencies for $12.4m that they had hoped to sell to cellphone networks for double-digit returns, a US financial watchdog has claimed. The Securities and Exchange Commission (SEC) has accused [PDF] Arizona-based Janus Spectrum of tricking investors into thinking they were acquiring …
Shaun Nichols, 07 Apr 2015
NumaConnect’s N232 Adapter card

Benchmark bandit: Numascale unveils 10TB/sec monster

Numascale's non-universal memory architecture has been used to build a 324-CPU system with 108 Supermicro servers sharing a single system image and 20.7TB of memory – scoring a winning McCalpin STREAM benchmark. The system, with its cache-coherent shared memory, ran at 10.096TB/sec for the McCalpin Scale function. It was 53 …
Chris Mellor, 13 Jul 2015

Speaking in Tech: Where would you hide an SEC probe?

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week it's a full Speaking in Tech cast as we rigorously investigate AWS outages, probe cars and castigate bad executives. This week, we check out... (1:00) Sarah’s big game show moment (3:00) Lenovo Yoga Tablet …
Team Register, 23 Sep 2015

SEC: Ukrainian hackers' investment fraud ring raked in millions in 'unprecedented' hack

Analysis The computer hacking and securities fraud ring that was broken up by US authorities this week was "one of the most intricate and sophisticated trading rings that we have ever seen," the US Securities and Exchange Commission has said. Some 32 people were charged on Monday with offenses related to the scheme, which the SEC …
Neil McAllister, 14 Aug 2015

Australian Govt to launch cyber sec sharing strategy

Australia's Federal Government will this year deliver its first Cyber Security Strategy to generate 'practical' means to improve security including public-private partnerships. It is the second paper-based initiative designed to help address the unruly state of information security across public and private sectors. The …
Darren Pauli, 28 May 2015

Pure as the driven IPO: Upstart tells SEC it's go for stock market debut

Pure Storage, funded to the tune of $470 million and valued at around $3 billion, has filed for an IPO. The all-flash array biz was founded in 2009 and has taken in funding and grown fast every year. It's currently being ranked as the second highest player in the all-flash array market behind EMC, which Pure sees as its main …
Chris Mellor, 13 Aug 2015
John Brennan

WikiLeaks leaks CIA director's private emails – including his nat sec clearance dossier

Days after a teenage stoner hacked the AOL email account of CIA director John Brennan, WikiLeaks has published highly sensitive files from the spymaster's inbox. The documents include Brennan's application for national security clearance, with address, phone number, passport details, and the names and addresses of associates …
Iain Thomson, 21 Oct 2015

SEC slaps HP with $108 MEEELION fine over bribe scandal

HP has agreed to a $108m settlement with the US Securities and Exchange Commission (SEC) to settle charges that company representatives paid off government officials in order to obtain contract deals. The SEC said that the settlement would end a case it had filed with the company alleging violations of the Foreign Corrupt …
Shaun Nichols, 09 Apr 2014

SEC: We won't slap IBM over its cloud revenue reporting

IBM has announced that it has avoided any regulatory action over the way it reports its revenues from cloud computing after the US Securities and Exchange Commission completed its investigation. The company said in a filing that it had been notified that the market authority wasn’t planning any action over its cloud business. “ …

SEC to investors: When dealing in Bitcoin, don't get suckered, the US Securities and Exchange Commission's investor education and advocacy website, has issued an alert warning investors of the potential pitfalls of investing in Bitcoin and other virtual currencies. "A new product, technology, or innovation – such as Bitcoin – has the potential to give rise both to frauds and …
Neil McAllister, 08 May 2014
Tails logo

Snowden's favourite Linux - Tails - rushes sec-fix version to market

Tails, the secure live-boot Linux made famous by Edward Snowden, has had a major revision release to Version 1.3. The new version, released after testing since February 12, combines various security fixes with new apps and simplified install, the developers say. The developers want to kill off the previous version, Tails 1.2.3 …

SEC asks Affiliated Computer Services to step aside, snaps on rubber glove

The Securities and Exchange Commission is probing bean counting methods used by Xerox tentacle Affiliated Computer Services. In a filing, the copier monster confirmed the SEC has been "conducting an investigation of certain accounting practices" at ACS, an outsourcing and data centre management player that Xerox forked out $6. …
Paul Kunert, 08 Oct 2013

SEC mulls how to save markets from hackers: How about a CRACK TEAM... of advisers?

The Securities and Exchange Commission (SEC) invited security and finance experts to Washington yesterday to discuss cybersecurity issues and whether companies and stock markets should be required to immediately disclose attacks and invest in protecting their systems. SEC commissioner Luis Aguilar said that the agency needed to …

Top watchdog probes IBM over 'transactions in US, UK, Ireland'

IBM's stock price has taken a hit after the tech titan revealed it is under investigation by the US Securities and Exchange Commission (SEC). Big Blue said in its latest 10-Q filing that for the past two months, the financial watchdog has been looking into its accounting practices. "In August 2015, IBM learned that the SEC is …
Shaun Nichols, 27 Oct 2015
GCHQ as seen on Google Earth

Bulk comms spying is not mission creep, insists UK foreign sec

The minister responsible for the oversight of GCHQ has today defended the interception of bulk communications data, saying it does not amount to mission creep by Blighty's intelligence agencies. Speaking at the Royal United Services Institute, Foreign Secretary Philip Hammond said it was necessary to address public concerns …
Kat Hall, 10 Mar 2015

Alleged $32m Gemcoin crypto-bucks scam busted by Feds

The US Securities and Exchange Commission (SEC) says it has broken up an investment scam that defrauded citizens out of $32m by promising to mine minerals out of the ground – and pay out profits in cryptocurrency. The SEC has lobbed fraud charges at Steve Chen and 13 companies associated with Chen, alleging he raised $32m by …
Shaun Nichols, 02 Oct 2015
Parliament House Canberra by Flickr user OzMark17 used under CC Share and Share alike licence

AWS scores same Oz gov sec creds as Azure

Microsoft yesterday pressed the ON button for Azure Australia, and one of the things the Redmondian outpost was keen to point out was that it was the only cloud in Australia to have earned the Australian federal government's Industry Security Registered Assessors Program (IRAP) certification. IRAP is run by Australia's sigint …
Simon Sharwood, 28 Oct 2014

HPE trots out benchmark blaster flash array as PCs become distant memory

An all-flash 3PAR array has stormed to the top of the SPC-2 benchmark charts. Nice one HPE, you've timed it just right for your independence from PCs and printers. The 3PAR 20850 scored 62,844 aggregate MB/sec, topping EMC’s VMAX 400K and its 55,643.78 MB/sec. This benchmark measure array performance in terms of throughput ( …
Chris Mellor, 09 Nov 2015
Funnel of cash. Credit: via SXC –

SEC review clears Apple of dodgy tax dealings

The US Securities and Exchange Commission has given Apple's finances a clean bill of health after a review of the company's use of an Irish subsidiary to dodge corporate taxes be more tax efficient. In May Apple's CEO Tim Cook was quizzed by a congressional committee about how it managed to pay such a relatively small amount of …
Iain Thomson, 04 Oct 2013

Mellanox forges fun-sized 40Gb/sec Ethernet switch

Mellanox Technologies is trying to milk its switch-hitting, hybrid Ethernet-InfiniBand SwitchX-2 chips for every dollar possible, and has just cooked up a baby switch that can run at 40Gb/sec or 56Gb/sec using the Ethernet protocol. The SX1012 is a half-width switch that has a dozen ports in a 1U rack form factor, which means …

We'll miss SEC financials deadline, says accounts-blundering Tech Data

Tech Data has warned it will fail to report its fiscal first-quarter financial numbers to the US Securities and Exchange Commission on time due to a continuing investigation into its accounting errors. The channel biz has 45 days from the end of April to file the paperwork, but says it will sail through that deadline. The world …
Paul Kunert, 11 Jun 2013
Toilet roll printed with fake US $100 bills

Buy a slice of the next Facebook with just your credit card and browser

America's financial watchdog says anyone with spare cash will be able to buy a slice of a startup online without having to fill out mountains of paperwork. Until now, if you fancied plowing your some of savings into a fledging biz – say a trendy but privately held San Francisco tech upstart – there are all sorts of …
Iain Thomson, 30 Oct 2015
BrickArms' Toy taliban figure

'Tech giants who encrypt comms are unwittingly aiding terrorists', claims ex-Home Sec Blunkett

Former, draconian Home Secretary David Blunkett – who held the post at the time of the 9/11 attacks in the US – has claimed that technology companies that encrypt communications on their networks are helping terrorists to spread fear. The Labour MP, writing in Saturday's Daily Telegraph, lambasted Martha Lane-Fox for telling …
Kelly Fiveash, 09 Nov 2014

PINs easily pinched with iPhone-attached thermal imaging kit

A device which can be attached to smartphones is capable of stealing customers' PINs using thermal imaging, UK security consultancy Sec-Tec warns. Thermal imaging equipment – once the sole preserve of only the best-equipped attacker – is now available as a readily available iPhone accessory costing less than £200. The kit …
John Leyden, 21 Aug 2015
The Register breaking news

US judge SLAMS both IBM and the SEC over bribery settlement

A US federal judge has refused to agree to a settlement between the SEC and IBM over charges dating back to 2011 alleging that Big Blue bribed Chinese and South Korean officials unless the company produces a whole new set of extensive compliance reports. Judge Richard Leon, who has been reviewing the settlement case for the past …
Phil Muncaster, 29 Dec 2012

OK, forget DNS for a sec. Why not shift IP addresses and protocols away from Uncle Sam?

The director general of regional internet registry APNIC, Paul Wilson, has called for a staggered transition of the critical IANA contract away from the US government. Rather than be forced to wait until the controversial and complex issue of domain names is decided, Wilson proposes that the two other key elements of the …
Kieren McCarthy, 19 Jun 2015

SaaS biz 'made up 99% of sales and defrauded investors of millions'

If you bought internet services from Illinois-based ContinuityX Services, the US Securities and Exchange Commission would like a word, since you may be part of a very, very small group – far smaller than the company itself represented. "We allege that Godwin and Roth cheated investors out of millions of dollars, depicting …
Iain Thomson, 30 Sep 2015

ESA launches new ground-monitoring satellite

The European Space Agency (ESA) successfully launched a second satellite for environmental monitoring in the early hours of Tuesday morning from French Guiana. The Sentinel satellite will add high-resolution optical imaging capability to the European Union's Copernicus environmental monitoring system. According to the ESA, “ …
Jennifer Baker, 23 Jun 2015

Smartphone passcodes protected by the Fifth Amendment – US court

The Feds can't make suspects give up their company-issued smartphone passcodes because doing so violates the Fifth Amendment of the US Constitution. So ruled Judge Mark Kearney of the federal court in East Pennsylvania in the case of Securities and Exchange Commission v Huang, an insider-trading case brought against two ex- …
Iain Thomson, 25 Sep 2015
Fritz Pfleumer with his magnetic tape recorder

LTO issues mighty seventh-generation 15TB tape format

LTO, the world’s most popular tape format, has a 15TB generation-7 Ultrium specification available for drive and media manufacturers. Linear Tape Open (LTO) represents a trio of technology provider companies: HP, IBM and Quantum. It works with them and tape suppliers like Fujifilm to develop tape media and drive specifications …
Chris Mellor, 16 Sep 2015

Toshiba invites Seagate to the gun show after raising its SSD game

Toshiba's latest gen 3 enterprise SSDs show an uncanny resemblance to Seagate's 1200.2 products in model type, capacity range and endurance terms, with both suppliers topping out at 3.84TB. Odd that. The race is on for SSD suppliers to replace fast hard disk drives in the data centre, with Seagate, Micron and Toshiba all …
Chris Mellor, 05 Aug 2015
Roadrunner and Wile E Coyote

Samsung's PCIe flash card: Slim, speedy, and just nibbling power

Samsung has tweaked its SM951 PCIe flash card to give it an NVMe interface as well as a low-power standby mode. The NVMe SM951 features faster speeds than the AHCI-based version; 300,000 random read 4K IOPS vs 130,000 100,000 random write 4K IOPS (we believe) vs 85,000 2.26GB/sec sequential read bandwidth vs 2.15GB/sec 1.6GB …
Chris Mellor, 16 Apr 2015

Intel demos inexpensive 100Gb/sec silicon photonics chip

Intel has demoed what it says it "believes" is the world's only silicon photonics module that uses a hybrid silicon laser – a breakthrough that should allow such advances as vastly improved system-to-system interconnects in the data center. The demo of the 100Gb/sec module was presented via a video during Intel CTO Justin …
Rik Myslewski, 11 Apr 2013

Intel doubles capacity and speed of PCIe flash card

Intel has near-doubled the capacity and speed of its DC P3600 PCIe NVMe flash card with a DC P3608 refresh. It’s doubled the number of PCIe lanes from 4 to 8 and upped the maximum capacity from 2TB to 4TB, while still using 20nm MLC flash – the HET variety – in the P3608’s case. The net effect is to boost both IOPS and …
Chris Mellor, 01 Oct 2015

SanDisk speeds up CloudSpeed Eco, raises capacity

SanDisk has souped up its CloudSpeed Eco SSD for cloud service providers, doubling its capacity and raising throughput, courtesy of a process shrink. CloudSpeed Eco Gen 1 was introduced at the end of March last year as a cost-effective SSD for cloud service provider use. It was built using a 19nm chip process and held up to …
Chris Mellor, 01 Jun 2015
The Register breaking news

Twitter, the new stock ticker tape - and the SEC is OK with this

Financial watchdog the SEC has ruled that listed companies can make key announcements and publish financial info on Facebook and Twitter. The decision follows an investigation sparked by Netflix CEO Reed Hastings. Hastings posted on Facebook in June that subscribers to video-on-demand biz Netflix had watched more than a billion …
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox boffins concoct chips for 100Gb/sec InfiniBand

Mellanox Technologies reported its first quarter financial results today, and Eyal Waldman, chairman and CEO at the networking chip and switch maker, said in a conference call that the company had taped out its first experimental chip that would run at 100Gb/sec and support the future Enhanced Data Rate (or EDR) version of …

SEC bars ex-Systemax veep from director role in fraud deal

The SEC has barred former Systemax veep Gilbert Fiorentino from being a director of a PLC again after finding he "fraudulently" pocketed hundreds of thousands of dollars in compensation over five years. The disgraced exec, who had been CEO of the reseller's Technology Products Group, was put on administrative leave in April 2011 …
Paul Kunert, 18 Sep 2012

Lazy IoT, router makers reuse skeleton keys over and over in thousands of devices – new study

It's what we all assumed, but quietly hoped wasn't quite this bad. Lazy makers of home routers and the Internet of Things are reusing the same small set of hardcoded security keys, leaving them open to hijacking en masse, researchers have warned. In other words, if you can log into one gizmo remotely, you can probably log …
Shaun Nichols, 26 Nov 2015
The 12-port F3 100G line card for the Nexus 7700 switches

Cisco revs up top-end Nexus switches with F3 chips to 100Gb/sec

Cisco has, like other switch makers, been gradually refreshing its product line to boost bandwidth from 10Gb/sec up to 40Gb/sec and 100Gb/sec speeds, and at the Cisco Live extravaganza today in Orlando, Florida, the networking trotted out a new top-end Nexus 7700 lineup that sports new ASICs and offers a more compact design than …

Seagate unveils enlarged spy drive with support for 64 spycams

Seagate has launched an 8TB disk drive for surveillance use, enabling up to 6PB of CCTV data in a rack. This is a 3.5-inch form-factor drive and joins the existing set of 8TB Archive, Enterprise Capacity, Enterprise NAS and Kinetic disk drives. It follows on from the 6TB model announced in September last year. That had 6 …
Chris Mellor, 29 Oct 2015

USB 3.1 demo shows new spec well on its way towards 1.2GB/sec goal

At CES this January, Jeff Ravencraft, the president and chief operating officer of the USB Implementers Forum USB-IF), told The Reg that the unfortunately named "SuperSpeed" USB 3.0 would double its throughput from 5Gb/sec to 10Gb/sec in its 3.1 incarnation. We recently sat down with him again and saw it in action. The demo was …
Rik Myslewski, 21 Sep 2013

Seagate serves up three layer ClusterStor sandwich

Seagate has three new ClusterStor HPC arrays: the A200, G200 and L300. The A200 is a cold data archive array. The G200 is loaded with IBM’s Spectrum Scale parallel file system software, GPFS that was, while the L300 is an equivalent array running Lustre parallel file system software. The existing ClusterStor range includes …
Chris Mellor, 17 Nov 2015
Suitcase bulging with cash

Oracle pays off SEC to settle Indian channel bribery claims

The Securities and Exchange Commission (SEC) has agreed to settle an outstanding action over inducements paid by Oracle India to secure government contracts. The SEC filing notes that between 2005 and 2007 Oracle India siphoned off around $2.2m from eight different contracts with the Indian government that were worth $6.7m in …
Iain Thomson, 16 Aug 2012