Articles about Sec

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 …
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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
Dragster

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

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
HP

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. “ …
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 to investors: When dealing in Bitcoin, don't get suckered

Investor.gov, 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

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
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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 …
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
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
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

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
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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
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 the …
Kelly Fiveash, 09 Nov 2014

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

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

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, “the …
Jennifer Baker, 23 Jun 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
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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
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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

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
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 …

Ex-SAP director: I bribed govt officials to seal the deals on software

A former regional director of German enterprise software outfit SAP has pleaded guilty to bribing officials in the Panamanian government to secure a contract for one of the company's resellers. Vicente Eduardo Garcia, 65, of Miami, Florida, admitted giving $145,000 in bribes to one government official and promising bribes to …
Iain Thomson, 14 Aug 2015
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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
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 …

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

ARM targets enterprise with 32-core, 1.6TB/sec bandwidth beastie

Updated ARM has released more details about the innards of its cache-coherent on-chip networking scheme for use cases ranging from storage to servers to networking – specifically, its CCN-5xx microarchitecture family and its newest member, the muscular CoreLink CCN-508. It's been almost exactly 29 years since Acorn Computers' ARM1 chip …
Rik Myslewski, 06 May 2014
Ferrari 488GB

Lustrous scarlet drawers with plenty crammed into them: Get a load of DDN's box

DDN has an entry-level Lustre appliance called the ES7K, EXAScaler 7000. DDN_ES7K DDN ES7000 4U enclosure The starting building block takes up 8U and uses two boxes, the 4U ES7K head unit with two controllers, 80 to 320 TB of capacity and 5GB/sec bandwidth, and a 4U StorageScaler 8460 drive drawer with 168TB - 672TB of …
Chris Mellor, 14 Jul 2015
The Register breaking news

NASDAQ's $62m apology for Facebook snafu approved by SEC

The Securities and Exchange Commission has approved a $63m settlement by NASDAQ OMX Group for the downtime its exchange suffered during the Facebook IPO which left traders unsure if their requested trades had gone through. "Nasdaq proposes to compensate market participants for certain claims related to system difficulties in the …
Iain Thomson, 25 Mar 2013
Jim McNiel

SEC filing spills beans on Falconstor's breakup with ex-main man McNiel

A recent SEC filing has brought to light some of the details of the recent sudden departure of the CEO of standalone storage software shipper FalconStor - including the admonition that if the SEC didn't insist on the publication of the agreement, that neither party would tell all on, er, Twitter... The storage firm is living on …
Chris Mellor, 22 Jul 2013

Wilocity uncloaks 4.6Gb/sec Wi-Fi for next year's smartphones

MWC 2014 Wilocity, pioneers of high-speed "WiGig" 60GHz Wi-Fi, has used the Mobile World Congress in Barcelona as the debutant ball for its 4.6Gb/sec chip for smartphones, formerly codenamed "Sparrow" and now formally dubbed Wil6300. "The huge performance boost offered by 802.11ad, operating in the 60GHz band, combined with massive …
Rik Myslewski, 25 Feb 2014
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
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Mutant array upstart Nimble Storage slips IPO forms into SEC's postbox

Mighty mutant flash/disk array startup Nimble Storage has filed a preliminary form with the SEC announcing its intention to proceed with an IPO. The number of shares for sale and the price range haven't been decided yet – it hasn't even picked a date. Nimble was founded in November 2007 by ex-Data Domain staffers, including …
Chris Mellor, 21 Oct 2013
The Register breaking news

SEC staffers slammed for serious security snafus

There are red faces at the Securities and Exchange Commission after a report highlighted computer security failings by agency staff that forced it to spend $200,000 to check whether it had lost critical information. Staff at the Trading and Markets Division were found to have stored highly confidential and market-sensitive …
Iain Thomson, 09 Nov 2012

Ubiquiti stung US$46.7 million in e-mail spoofing fraud

Ubiquiti Networks has been defrauded of more than US$46 million by scammers who spoofed its communications. The heist was revealed in an SEC Form 8-K filing. Apart from the financial information, details are scant. The San Jose company says: “The incident involved employee impersonation and fraudulent requests from an outside …
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US tech titan CSC slapped with $190m penalty

IT giant CSC has been slapped with a $190m (£122m) penalty by US regulator the Securities and Exchange Commission following a probe into the firm's accounting practices. The investigation was opened in 2011, mainly into the firm's European outsourcing unit - including revenue from its troubled NHS contract negotiations between …
Kat Hall, 30 Dec 2014
The Register breaking news

Bloomberg's bomb: How SEC shredded Facebook's pre-IPO claims

According to a recently publicised set of emails, US financial watchdog the Securities and Exchange Commission found that important claims made by Facebook were unsupportable and forced the company to disclose key weaknesses in its business plan before its 18 May IPO. The highlights are outlined in this lengthy report from …
Andrew Orlowski, 10 Oct 2012
The Register breaking news

SEC slams NASDAQ with $10m fine for Facebook IPOcalypse

NASDAQ is forking over $10m to the Securities and Exchange Commission as penance for its poorly executed Facebook IPO. The fine was levied against the exchange for the Facebook IPOcalypse, which saw punters at first unable to buy shares in Zuck & Co's data farm social network, and then able to buy but only at unreliable prices …
Jack Clark, 29 May 2013

UK NHS IT supplier CSC coughs up $190m fine, three execs in the dock

Computer Science Corporation has paid its $190m (£122m) fine, levied by US watchdog the Securities and Exchange Commission over charges the Virginia-headquartered biz fudged its financial reports. And now some senior executives have agreed to hand back millions of dollars in pay and bonuses as a result of the SEC's probings. …
Iain Thomson, 05 Jun 2015

Mellanox gives InfiniBand a 5 BILLION PACKET/sec cloud dose

Networking tech firm Mellanox is broadening its 100Gbps InfiniBand portfolio – and is hoping that the new products and capabilities will help it expand its footprint outside its supercomputer home territory. Following on from its demo of 100 Gbps cables last March, the company is using ISC 2014 in Germany to launch the Switch-IB …
OCZ VeloDrive

OCZ's SEC filing fail gives stockholders the fear

OCZ has announced that it won't be able to file its quarterly report with the SEC on time, leading to doubts about its cash position. The struggling SSD and PCIe flash card vendor appears perhaps to have loosed off a shot or two into the vicinity of its foot by expanding too fast, failing to secure reliable NAND chip supplies, …
Chris Mellor, 16 Oct 2012
Oracle_ZS4_4

Oracle gets ZFS filer array spun up to near-AFA speeds

Oracle's ZFS filer array has virtually matched an all-flash array in the SPC-2 streaming storage benchmark and set a new SPC-2 streaming/price/performance record [PDF]. It introduced its ZS4-4 array in December last year, as a refresh of the prior ZS3. That was rated at 17,244.22MB/sec on its SPC-2 run with a $22.53 price/ …
Chris Mellor, 01 Apr 2015