Tag Archive for: heads

Medicare Ransomware Attack Details Sought by GOP Committee Heads


Republican congressional leaders want the US Centers for Medicare and Medicaid Services to turn over more information on a ransomware attack that exposed the identifiable information of 254,000 Medicare beneficiaries.

The US House’s Committee on Oversight and Reform and Committee on Energy and Commerce are investigating a data breach identified by the agency in October 2022 but not reported to Congress until December 2022.

CMS has said Medicare information was exposed in a hack of a third party government subcontractor, which “acted in violation of its obligations.”

“In other words, bad actors had access to Medicare beneficiaries’ information for two …

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Russian tech tycoon heads to trial in Boston over alleged insider trading and hacking scheme


Between 2018 and 2020, prosecutors allege, Klyushin and his co-conspirators viewed the earnings reports of dozens of companies — including Tesla, Hubspot, Datadog, and Snap — before they were made public, and used that information to make stock trades that led to millions of dollars in illegal profits.

“This is sort of like insider trading on steroids,” said attorney Robert Fisher, a former federal prosecutor, adding that insider trading cases generally involve information related to one company or a sliver of an industry. Hacking into a vendor with access to multiple companies is rarer and much more lucrative, he said; an SEC complaint filed in federal court in Boston alleges the conspirators raked in $82.5 million.

Now, Klyushin, a married father of five, is set to go to trial Monday in federal court in Boston on charges of conspiracy, wire fraud, unauthorized access to computers, and securities fraud, in a case that will be closely watched in diplomatic circles in the United States and Russia, according to legal experts. Klyushin owns a Moscow-based technology company, M-13, that provides media monitoring and cybersecurity testing for private and public entities, including the Russian Federation, and has “significant ties to the Russian government, and, more specifically, to parts of the Russian government engaged in defense and counter-espionage,” prosecutors said in court filings.

In response to defense concerns about whether Klyushin will receive a fair trial, US District Judge Patti B. Saris has agreed to question potential jurors about whether they feel any bias toward Russian nationals, but rejected a request to ask them about their feelings on the war in Ukraine. She also ruled that prosecutors may not mention Putin’s name during the trial.

Klyushin was first arrested in March 2021 after he arrived via a chartered jet in Switzerland, where a helicopter was waiting on the tarmac to whisk him and his family to a nearby luxury ski resort for a planned vacation. Local police swooped in at the request of US authorities. His codefendants were in Russia, a country with no extradition treaty with the United States; Swiss authorities extradited Klyushin to the United…

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CSM Velocity Center Joins Town Of Indian Head’s 101st Anniversary Festivities Sept. 25, Showcases ‘Art Of Innovation’ With Activities And Fun | thebaynet.com | TheBayNet.com




INDIAN HEAD, Md. – The College of Southern Maryland (CSM) is joining in the day-long festivities to celebrate the 101st anniversary of the Town of Indian Head Sept. 25 by hosting the “Art of Innovation” at the CSM Velocity Center. The public is invited to visit the Velocity Center throughout the day to enjoy an art exhibit, musical improvisation, games of giant Jenga, face painting and see presentations highlighting innovative technologies including robotics, 3-D printing and prototypes. Visitors will also have the chance to learn about the accomplishments of the Talons, CSM’s nationally ranked robotics team, and meet members of CSM’s Society of Women Engineers and National Society of Black Engineers.


“We couldn’t be more excited to spend the day in Indian Head to commemorate the town’s historic milestone and host a day of fun and community fellowship,” said CSM Associate Vice President of Continuing Education and Workforce Development Ellen Flowers-Fields. “We are very proud of the Velocity Center and the role that our community college plays in support of the Navy and in the economic revival of the Town of Indian Head. We are eager to show it off and meet our neighbors and visitors face-to-face.”


The CSM Velocity Center – where education and innovation meet – opened its doors one year ago during a Sept. 17, 2020 socially distant ribbon-cutting ceremony before about 1,300 Facebook Live onlookers.  At the time, the Naval Surface Warfare Center Indian Head Division was marking its 130th anniversary and the Town of Indian Head was marking its 100th anniversary, but the Navy and the town were unable to celebrate their milestones in grand fashion due to pandemic restrictions.


The Town of Indian Head’s Sept. 25 activities to celebrate its 1920 incorporation and commemorate its centennial anniversary – plus one year – include a parade, amusement rides, live entertainment and a firework show in around the Village Green Park & Pavilion and the Indian Head Senior Center. The town’s events start at 9 a.m. and end after dark.


The Velocity Center’s ‘Art of Innovation’ activities will be held 9 a.m. – 3 p.m. In addition to…

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SenseTime heads for IPO on Hong Kong exchange


Artificial intelligence updates

The Chinese artificial intelligence start-up SenseTime is going public in Hong Kong, even as mainland peers pull their stock market listing plans in response to Beijing’s widening crackdown on the technology sector. 

The company, whose backers include SoftBank, Alibaba, Tiger Global and Silver Lake, filed documents for an initial public offering on the Hong Kong exchange late on Friday. SenseTime did not indicate how much money it intended to raise but it is one of the world’s most valuable AI start-ups.

SenseTime last raised funds at a valuation of more than $8bn last year, said two people familiar with the matter, but its valuation is now closer to $12bn, one of the people said. 

Despite being blacklisted by Donald Trump’s administration in 2019, SenseTime’s business has grown significantly in the past few years. It is one of the key companies in China’s burgeoning AI industry, a critical facet of President Xi Jinping’s “Made in China 2025” blueprint. 

In the filing, the company said its 2020 revenue rose 14 per cent to Rmb3.4bn ($525m), while revenues for the first half of 2021 grew 92 per cent on the same period last year to Rmb1.6bn. Operating losses grew 13 per cent to Rmb1.8bn in 2020, and losses for the first six months of this year totalled Rmb2.1bn. 

SenseTime’s move comes as China’s regulators have cracked down on the technology sector this year, an assault that has targeted consumer tech including ecommerce, food delivery, lending and gaming companies. 

Cloud Village, China’s second-largest music streaming service, this month scrapped a $1bn IPO in Hong Kong over concerns about the growing regulatory crackdown.

However, AI, as well as the biotechnology and semiconductor industries, has received huge support from Beijing. China’s leader regards companies in this sector as crucial to cutting reliance on US technology and solidifying the nation’s reputation as a tech hub within its own right. 

SenseTime is known for its computer vision technology, which allows machines to analyse visual data. Its facial…

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