The Surprisingly Diverse Types of Cybercriminals Threatening Your Business
July 29, 2016
The article titled BAE Systems Unmasks Today’s Cybercriminals- Australia on BAE Systems digs into the research on the industrialization of cyber crime, which looks increasingly like other established and legal industries. While most cybercriminals are still spurred to action by financial gain, there are also those interested more in a long-term strategy of going after intellectual property and selling the data on the black market. The article states,
“Some cyber criminals are becoming even more professional, offering skills and services, such as “project management” to other criminal organisations. They are writing their own software that comes with service agreements and money-back guarantees if the code gets detected, with the promise of a replacement. This ‘industrialisation’ of cyber crime means it has never been more important for businesses to understand and protect themselves against the risks they face,” said Dr Rajiv Shah, regional general manager, BAE Systems Applied Intelligence.”
The article pinpoints six profiles including career criminals but also internal employees, activists and, and what they call “The Getaway,” or underage criminals who won’t be sentenced like adults. Perhaps the most insidious of these is The Insider, who can be a disgruntled employee or a negligent employee with more access than is good for them or the company they work for.
Chelsea Kerwin, July 29, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Meg Whitman, President of HP, Gets Flack for Partial Follow-Through on Ultimatum
October 14, 2015
The article titled HP Didn’t Actually Fire All the Employees It Threatened to Cut on Business Insider details the management teachings from Hewlett Packard. To summarize, HP recently delivered an ultimatum to several hundred employees that they had to shift off HP’s payroll and become contract workers for significantly lower pay with HP’s partner Ciber. If they refused, they would be let go. Except that the employees mutinied and complained, resulting in HP negotiating for higher salaries from Ciber as well as holding on to a few employees who refused the deal. The article states,
“On top of that, HP is also shipping most of the jobs in this business unit offshore. Whitman wants 60% of the Enterprise Services division jobs to be in low-cost areas of the world, compared to less than 40% today. Employees in this unit fully expect HP to line up more take-it-or-leave it contract jobs, they tell us, so we’ll see how HP handles the next one if it does materialize.”
This is all in the midst of HP’s massive layoffs of over 80,000 employees, 51,000 of whom have already been let go. Morale must be under the building. The non-negotiable ultimatum strategy did not seem to work, and at any rate is bad business, especially when coupled with it being overturned later in a handful of instances.
Chelsea Kerwin, October 14, 2015
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Bank Exports IT to India
September 1, 2015
Computer World’s article, “As It Sets IT Layoffs, Citizens Bank Shifts Work To India Via Web” sounds like it should have been published five years ago. It was not that long ago when Americans were in an uproar about jobs being outsourced to China and India, but many of those jobs have returned to the US or replaced with an alternative. Despite falling out of interest with the mainstream media, jobs are still being outsourced to Asia. Citizens Bank is having their current IT employees train their replacements in a “knowledge transfer” and they will be terminated come December.
Citizens Bank signed a five-year services contract with IBM for IT services. IBM owns a large scale IT services company in India, which pays its workers a fraction of the current Citizens Bank IT workers.
As one can imagine, the Citizens Bank employees are in an uproar:
“The number of layoffs is in dispute. Employees said as many as 150 Citizen Bank IT workers were being laid off. But this number doesn’t include contractors. IBM will be consolidating the bank’s IT infrastructure services, and, as part of that, the bank is consolidating from four vendors to one vendor, IBM. This change will result in the elimination of some contractor jobs, and when contractors are added, the total layoff estimate by employees ranges from 250 to 350.”
It is reported that some IT workers are being offered comparable positions with IBM, while others are first in line for jobs in other branches of Citizens Bank. However, the IBM jobs appear to be short term and the other bank jobs do not appear to be turning up.
Other companies are shifting their IT work overseas much to the displeasure of IT workers, who thought they would be assured job security for the rest of their lives. IT workers place the blame on companies wanting to increase profits and not caring about their employees. What is going on with Citizens Bank and other companies is not new. It has been going on for decades, but that does not make the harm to Americans any less.
Whitney Grace, September 1, 2015
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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