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SEC: Former Monsanto exec to get $22.5M as whistleblower

KANSAS CITY, Mo. (AP) – A former Monsanto Co. financial executive who tipped off regulators about the agribusiness giant’s accounting practices involving rebates for its Roundup weed-killer will get nearly $22.5 million as a whistleblower, federal securities regulators announced Tuesday. The Securities and Exchange Commission said the payout comes out of the $80 million penalty
  • 30 Aug, 2016
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EDDIE BAUER BREACH COULD AFFECT SIX MONTHS OF CARD DATA

Bellevue, Wash.-based Eddie Bauer said POS malware found at about 350 U.S. and Canadian store registers might have captured payment information used during store transactions between Jan. 2 and July 17. “While not all transactions during this period were affected, out of an abundance of caution, Eddie Bauer is offering identity protection services to all
  • 19 Aug, 2016
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Insurance, risk management options fall short on catastrophe planning, brokers say

Concerns over natural catastrophe risk have risen for middle market businesses, but the insurance and risk management solutions to address them appear to be lacking, according to a global survey of brokers. Assurex Global asked over 80 independent insurance brokers around the world about their clients’ concerns about such potential disasters as flooding, windstorms, earthquakes,
  • 15 Aug, 2016
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Spammers Hijack University Servers

A Google search of the Internet domains of Harvard, Stanford and UC Berkeley yielded unexpected results – websites selling an assortment of drugs, including cut-rate antibiotics and Viagra. Why are top-ranked research universities from the Bay Area to the Bay State promoting what appear to be online pharmacies? Because criminals see an opportunity to take
  • 3 Jun, 2016
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