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3/12/21 D-Ddaily.net
 

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Adam Ostrowsky named Divisional Vice President of Stores & Loss Prevention for Sears Authorized Hometown Stores, LLC
Before being named Divisional Vice President of Stores & Loss Prevention for Sears Authorized Hometown Stores, LLC, Adam spent a year as Regional Sales Director for HomeTown Stores. Prior to that, he spent more than eight years as Director of Loss Prevention & Operations for Sears Hometown & Outlet. Earlier in his career, he held loss prevention/asset protection roles with Wet Seal, Gart Sports, and the Sports Authority. Congratulations, Adam!


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Protests & Violence


'An Ill-Prepared Department' - Organized Robbery Crews Operated Freely
L.A.P.D. Severely Mishandled George Floyd Protests, Report Finds

An independent report commissioned by the Los Angeles City Council faulted the department for its lack of planning and chaotic response.

The Los Angeles Police Department severely mishandled protests last summer in the wake of George Floyd’s death, illegally detaining protesters, issuing conflicting orders to its rank-and-file officers and striking people who had committed no crimes with rubber bullets, bean bags and batons, according to a scathing report released on Thursday.

Hundreds of people were injured or alleged their rights were violated during the summer protests. Officers were sent into the streets with hard-foam projectile weapons that they weren’t adequately trained to use, and police commanders without up-to-date training in crowd control tactics were put in charge of volatile scenes, according to the report.

An ill-prepared department quickly allowed the situation to spiral out of control when some protesters got violent, failing to rein in much of the most destructive behavior while arresting thousands of protesters for minor offenses, according to the 101-page report commissioned by the City Council.

The report was also highly critical of the department’s leadership, saying that high-ranking officers sometimes made chaotic scenes even worse by shifting strategies without communicating clearly. In many cases, officers used “antiquated tactics” that failed to calm the more violent demonstrators, some of whom the report said deliberately threw things at officers from behind a line of peaceful protesters.

Officers formed skirmish lines and squared off with unthreatening protesters who had their hands up, even as others who were throwing objects at police from deeper in the crowds and organized groups who were running teams of burglars into surrounding businesses were left to operate freely, the report found.

Meanwhile, protesters accused of minor offenses that only warranted citations in the field were subjected to hours-long detentions, all part of a “last-minute, uncoordinated effort” by officers to arrest thousands without any clear plan for transporting or jailing those they were rounding up, the report found.

The review is the latest to find serious fault with a police department’s response to the wave of protests that swept the country in the wake of Mr. Floyd’s death in Minneapolis on May 25.

In many ways, the report commissioned by the City Council outlines failings that have already been highlighted by activists and protesters, those claiming to be injured or otherwise wronged, The Times and other news media and by the LAPD itself. nytimes.com latimes.com


Cities & States Across America Are Debating Police Strategy's & Tactics

Policing debate in MD exposes raw racial divides: ‘We don’t have all the same experiences’
During a late-night floor session on Wednesday, White Republicans in the Maryland House of Delegates offered multiple amendments to a sweeping police-reform bill, saying officers must be able to respond to potentially dangerous situations without worrying about being second-guessed.

The debate over the omnibus policing bill, which was approved Thursday evening, laid bare the different realities of policymakers weighing how to hold police officers accountable. It’s a conversation that has gained momentum in new ways since the viral video of the police custody death of George Floyd 10 months ago.

The House bill now heads to the Senate, which has already sent its own nine-bill policing package to the House. There will likely be intense debate over reconciling the differences. washingtonpost.com

DC is Looking to Reimagine Policing by emphasizing a public health approach over arrests, even as gun violence escalates
“The tactics of the past 10-20 years are no longer what we should be doing as a department or a city,” D.C. Police Cmdr. John Haines wrote. “No longer are we focused on getting guns. The focus will be on those that pull the trigger and directly or indirectly harm others.”

Haines stressed that “no idea is too small or too radical. If it means a reimagining of the unit, a total reorganization, or simply sitting down and having real discussions on how to balance societies’ needs to our mission, I want to hear it. Think outside the box.”

The Police Reform Commission, a group established by the D.C. Council to reimagine policing following the protests that started after the killing of George Floyd in police custody in Minneapolis in May, is set to release its final report in April. It is expected to recommend pausing the gun task force and crime suppression teams until their tactics and effectiveness can be examined. washingtonpost.com
 



COVID Update

98.2M Vaccinations Given

US: Over 29.9M Cases - 544K Dead - 20.7M Recovered
Worldwide: 119.2M Cases - 2.6M Dead - 94.8M Recovered


Former Senior Loss Prevention Executive
Know of any fallen LP exec? Let's remember & recognize.


Private Industry Security Guard Deaths: 279  
Law Enforcement Officer Deaths: 267

*Red indicates change in total deaths


Toronto's Lockdown is Just That - A Total "Blanket Lockdown"
For 150 - 190 - 260 & 270 Days Depending on Retail Sector

As Toronto Goes - So Goes Canada

Toronto has had some of the longest COVID-19 business closures in North America
As the COVID-19 pandemic stretches on for a year, Toronto has become a flashpoint for the inherent inequities and political consequences that come with difficult public-health decisions.

The city has had some of the strictest, and longest-running, closings in North America – and the harshest on small business. On Monday, when the stay-at-home order in Toronto and neighboring Peel Region is lifted and they enter the grey “lockdown” zone, retail stores will be able to open at 25-per-cent capacity for the first time in more than 100 days. (Big box and grocery stores have been allowed to operate throughout the pandemic, with certain limits.) But indoor dining, hair salons and barbers, gyms and recreational venues such as pools and cinemas will remain closed.

According to industry groups, the situation has become desperate. Small businesses in Ontario have accumulated $207,000 in COVID-related debt on average.

“I’m not suggesting Ontario become Texas, and end mask bylaws and end every restriction. What we’re asking for is some alternatives to a blanket lockdown,” said Dan Kelly, CFIB president and chief executive officer.

Over the past year, non-essential retailers in Toronto have been restricted to curbside pickup or online sales for more than 150 days; hair and nail salons have been shuttered for more than 190 days; gyms for more than 260 days and indoor dining at restaurants for more than 270 days. Peel has faced similarly long closings.

By contrast, in British Columbia, retail shops, restaurants and pubs have remained open during the second wave with safety protocols in place. Only Montreal’s restaurants have been shuttered longer than Toronto’s – since Oct. 1, compared with Oct. 10 – but retail stores and hair salons have been allowed to reopen in Quebec. Los Angeles has opened stores with limits, salons and outdoor dining; New York’s indoor dining ban lasted from mid-December to Feb. 12 (Around 60 days by contrast - in Canada 270 days). theglobeandmail.com

States Rolling Back Restrictions As Vaccinations Increase
Gov. Walz lays out major rollback of Minnesota COVID-19 restrictions
Capacity limits relaxed for bars and restaurants, and eliminated for worship, though mask-wearing will remain.

Larger group events ranging from high school proms to live Minnesota Twins baseball can resume this spring under a rollback of COVID-19 restrictions announced Friday morning by Gov. Tim Walz. Many of the rollback measures take effect Monday, including an expansion that permits social gatherings of 15 people indoors or 50 people outdoors with no limit on the number of households.

The state's work from home requirement for applicable businesses will be lifted April 15, but employers will be encouraged to allow workers to continue the practice if desired. startribune.com

Oklahoma Lifts Remaining Covid-19 Restrictions
Gov. Stitt said he would sign an executive order Friday removing restrictions affecting capacity limits on events and public gatherings and the use of masks in state buildings. Most other restrictions expired last June.

Texas and Mississippi last week lifted all mandates on businesses and the use of facial coverings, and some smaller states, such as Iowa, Montana and North Dakota, have removed their mask requirements.

The pace of reopening across the U.S. is picking up as an increasing number of Americans are being vaccinated. A Wall Street Journal analysis of U.S. Centers for Disease Control and Prevention data shows that 9.9% of the U.S. population is fully vaccinated, while nearly 19% have received one dose.

Other states have rolled back restrictions on economic activities and travel. Maine, Connecticut, New Jersey and New York have in recent days opened up more of their economies. On Thursday, New York Gov. Andrew Cuomo said starting April 1 the state won’t require domestic travelers to quarantine after entering New York from another state or territory. wsj.com

Retail & Malls Go to 50% Capacity With Masks Required
L.A. County to reopen indoor restaurants, gyms, movie theaters as early as Monday
The county will be eligible for the reopenings as soon as California reaches its goal of administering 2 million COVID-19 vaccine doses to residents in its most disadvantaged areas — which appears likely to happen today. After clearing that hurdle, the state will relax the threshold for counties to move from the most restrictive purple category of its four-tier reopening blueprint, clearing a number of them — including Los Angeles — to advance into the less-restrictive red tier.

In addition, all employees working indoors should be “informed about and offered opportunities to be vaccinated,” according to a statement released Thursday. L.A. County food service workers, including those who work in restaurant dining, table service, carry-out and food preparation, have been eligible for the vaccine since March 1.

Retail and personal care services can increase capacity to 50% with masking required at all times and for all services.

Indoor shopping malls can increase capacity to 50% with common areas remaining closed; food courts can open at 25% capacity adhering to the restaurant guidance for indoor dining.
latimes.com

California releases details on how millions can get COVID-19 vaccinations beginning Monday
Four days before an estimated 4.4 million Californians with disabilities or underlying health conditions become eligible for the vaccine, the California Public Health Department released guidance on the verification process. Notably, the state is not requiring that eligible disabled or sick individuals present documentation of their condition. Instead, all will be required to self-attest that they meet the criteria. latimes.com

Legal Perspective of Data Collection
COVID-19 Vaccine Tracking To Keep Focus On Data Privacy
As companies have gotten more accustomed to collecting health and contact tracing data during the past year, many have found that information like temperature checks don't need to be tied to specific individuals or held onto for more than a couple weeks, according to attorneys.

But keeping track of whether employees and visitors are vaccinated, or even requiring the vaccine for entry, will require a more personalized inquiry that will likely carry additional legal risks, attorneys say.

Law360 - published full article publicly. No registration required. law360.com

Going Bonkers at Home Alone?
85% of workers are looking forward to returning to the office
At the 1 year mark of quarantine, 85% of office workers are looking forward to returning to the office in some capacity, according to Eden Workplace. As the availability of COVID-19 vaccines has elevated discussions about employees returning to the office, the survey reveals 52% of office workers report socializing with colleagues as their top reason for wanting to return to the office. Other missed benefits by employees included having access to proper work equipment (44%) and getting out of the home (44%). helpnetsecurity.com

Alarming Data - Scared of the Boss
1 in 5 employees worked while ill during pandemic

● One in five workers reported having gone to work sick since the start of the pandemic, according to the March 10 results of a survey of 1,000 U.S. employees and 300 U.S. employers by Just Capital and the Harris Poll. Of those workers, a third said they did so because they were afraid they’d lose their jobs; another third said they didn’t have access to paid leave; and 28% said they didn’t want to anger their boss or employer.

● Thirteen percent of participants said they had been discouraged from reporting illness during the pandemic. That figure rose to 28% among Hispanic respondents, and the survey noted that both Hispanic and Black respondents were "disproportionately more likely to say they fear negative, personal impact if they were to report on safety issues in the workplace." hrdive.com

Some People Love Wearing Masks
There are folks who hate them, who can’t breathe through them, or who think they’re a sign of political oppression. But for others, the widespread use of masks has made the past year one of liberation.

With a mask, you can sing in the grocery store, talk to yourself on a walk, grimace in the gym, leave the spinach in your teeth, have coffee breath, forget lipstick — and no one is the wiser. Oh, the savings on Altoids and L’Oréal this past year!

Folks on social media write little odes to the masked life: “I love wearing a mask. I want to do this forever. It has helped my social anxiety so much.” And: “Wearing a mask is really letting me be ugly in peace. I love it here.” Another: “I like not catching colds, not wearing makeup and not being noticed. washingtonpost.com
 



LP Vendor Insider Threat - Gets 21 Months
Verisk Analytics Exec Gets 21 Months Fed. Prison For Trying to Sell Verisk Client Database Online to FBI Agent

Timothy Young, residing in Moorefield (population of 31), NE, and listed on LinkedIn as a Field Analyst for Verisk Analytics/ISO.

Timothy Young, 50, of Moorefield, Nebraska
, previously pleaded guilty by videoconference before U.S. District Judge Katharine S. Hayden in Newark federal court to an information charging him with wire fraud. Judge Hayden imposed the sentence by videoconference today.

Young was employed at a data analytics and risk assessment firm based in New Jersey. The company serves customers worldwide, including entities providing insurance and financial services as well as government entities. The company maintains a network that houses, among other things, significant amounts of personally identifiable information.

Without the firm’s approval, Young obtained confidential, non-public information that belonged to the firm. The information included names, logon names, passwords, email addresses, and telephone numbers for some of the company’s clients. Young then attempted to sell the information.

In addition to the 21 month prison term, Judge Hayden sentenced Young to three years of supervised release and ordered him to pay restitution of $296,370. justice.gov

LP Vendor Insider Threat Continued Coverage on the D&D Daily

5/22/2019: The Daily Identifies "Insider Threat" at Verisk Analyst Sold Access to Internal Databases to FBI CI Wanted $2.5M in Cryptocurrencies
"Verisk provides data analytic insights to customers in insurance, energy and specialized markets, and financial services to help them make better, faster, and more focused decisions that minimize risk and maximize value."

Federal Complaint: On or about March 3, 2019, an individual ("the Individual"), using alias, posted a message on an online forum. The message was titled "[Victim Company] Access for SALE."

The message further stated that the Individual was asking for $2,500,000 in cryptocurrency for this information, and that the money could be put in escrow during the period of the sale. On or about March 7, 2019, a confidential informant ("CI"), who has been reliable in the past, contacted the Individual at law enforcement's request.

5/22/2019: "Nebraska Man Charged with Selling Employer's Confidential Information"
Young was employed at a data analytics and risk assessment firm based on New Jersey. The company serves customers worldwide, including entities providing insurance and financial services as well as government entities. The company maintains a network that houses, among other things, significant amounts of personally identifiable information.

5/24/2019: Update: Verisk Analyst, Timothy Young, Released on $100K Unsecured bail DOJ Charges Verisk Analyst Selling Access to Verisk Internal Databases for $2.5M Cryptocurrencies
 



California Wants Injunction Stopping Clearview's Internet Scraping
Legal fight against Clearview AI’s facial recognition service grows
Demographic groups are joining states and nations in demanding that Clearview AI end its massive face-scraping biometric service.

Two California grassroots organizations, both primarily or partly focused on fighting oppression of people of color and immigrants, claim in a new lawsuit that Clearview’s subscription service is illegal and unconstitutional in the state.

The case, filed in Alameda County Superior Court, names six plaintiffs, NorCal Resist, Mijente and four individuals. Their target is Clearview AI, which has created a growing, 3 billion-photo biometric dataset largely gathered by scraping pictures of individuals from public social media accounts.

Besides a simple violation of people’s privacy, a facial recognition service like Clearview AI’s — which is marketed to law enforcement agencies — will scare people from participating lawful protests guaranteed in the state and federal constitutions, they allege.

The plaintiffs want an immediate injunction that would end Clearview AI’s collection of Californians’ biometric data and that would force it to delete its stores of facial scans and other personal data of state residents.  biometricupdate.com

More Clearview News: Seventh Circuit denies stay
A motion filed by Clearview to have a lawsuit against it under Illinois’ Biometric Information Privacy Act postponed, pending a Supreme Court challenge of a previous ruling on plaintiffs’ standing, has been rejected, Reuters reports.

The Seventh Circuit Court of Appeals delivered a one-word denial of the motion, which Clearview filed to stop the remand of the case to state court. biometricupdate.com

Customer Safety Takes Priority - Big Move Towards Sharing Negative Data
Uber, Lyft to share info on drivers banned for 'most serious' safety incidents
Uber and Lyft are partnering on a safety program to share information about drivers who have been banned from their platforms for "the most serious" safety incidents, the companies announced Thursday.

Under the Sharing Safety Program the two ride-hailing companies will share information about drivers and delivery people who have been deactivated for incidents including sexual assault and physical assaults resulting in a fatality.

The information sharing will be administered through a third-party background screening company, HireRight, which will collect and manage data from the companies and share the information between them.

Going forward, the shared safety information will be open to other transportation and delivery networks within the U.S. that agree to a set of requirements about data accuracy and communication, according to the announcement.

The push comes as the apps have faced criticism and legal challenges over how they handle allegations of assault. Uber released a safety report in 2019 that disclosed about 6,000 reports of sexual assault between 2017 and 2018. thehill.com

Former President of Philadelphia Wholesale Produce Market Charged with Stealing $7.8 Million from His Employer
Caesar DiCrecchio, 60, of Voorhees, NJ, the former President and CEO of the Produce Market, exercised control over every aspect of the Market, including expenditure of funds, and was required to report on the Market’s finances to its Board of Directors. The defendant defrauded the Market by using company funds to pay $1.9 million in rent on his Stone Harbor, New Jersey shore house; converting into cash $1.1 million in checks drawn on the Market’s bank account and using the cash for his own benefit; causing $1.7 million in checks to be issued from the Market operating account payable to his friends or relatives; causing the Market to pay for the defendant’s personal credit card expenditures; converting $320,000 in checks that were payable to the Market and cashing them for his own benefit; skimming $2.6 million in cash from the pay gate at the Market’s parking lot, which he used to pay Market employees ‘under the table’ while keeping a substantial portion for his own use; and using Market funds to provide a $180,000 loan to a Market vendor, which the vendor repaid directly to DiCrecchio.

DiCrecchio faces a maximum sentence of 102 years in prison, a three-year period of supervised release, and a fine of $2,500,000. Del Borrello faces a maximum sentence of 90 years in prison, a three-year period of supervised release, and a fine of $4,500,000. justice.gov

Illinois considers amending America’s toughest biometric privacy law
The Illinois legislature is considering changes to the State’s biometric privacy law that could protect small businesses from litigation, but could potentially hamstring the regulation in the process, critics tell The Lincoln Courier.

House Bill 559 would add provisions to the Biometric Information Privacy Act (BIPA), and has been advanced by the House judiciary committee to be debated.

HB 559 would require each “aggrieved party” must provide written notification of any alleged violation to the prospective defendant, which would then have 30 days to remedy the violation to avoid litigation. It also changes “written release” to “consent,” which can be given digitally. The $1,000 liquidated damages penalty is removed in favor of reimbursement for “actual damages,” and replaces the $5,000 maximum for “intentional or reckless” violations with actual plus liquidated damages for “willful” violations.

The ACLU of Illinois argues that BIPA is currently working as intended, and would be gutted by the proposed changes. Some legislators appear to share that view, at least enough to oppose HB 559. biometricupdate.com

"If You See Something, Say Something" Good Rule of Thumb
Watch Out for the Zoom Bombers

Take Precautions Against Online Harassment in Virtual Workplaces
Sexual harassment has entered the remote workplace, as the casual nature of virtual and online communication blurs professional boundaries. Employers need to modify their HR policies to account for these new concerns.

"We are seeing co-workers in their bedrooms instead of their cubicles. And instead of communicating in person, you're chatting with your co-workers over Slack or Google," he stated in a news release. "These workplace communications can easily begin to feel like an extension of social media—like your personal Facebook or Twitter page—leading employees to make more risqué jokes or even discuss politics or other touchy subjects that would normally be off the menu in a real office environment."

And blocking the harasser is not an option if the harasser is a supervisor or a colleague with whom the targeted employee has to collaborate.

"Companies need to spend more time considering how sexual harassment and discrimination is going to look different in our Zoom work culture," Wilson said. "Many people are going to continue working from home, even after the pandemic is over, so our policies and practices need to reflect this."

"Just because your employees are working from home does not mean that your company's equal employment opportunity policies do not apply," shrm.org

Albertsons Cos. Launches Pilot Of Remote-Controlled Delivery Cart
Boise, Idaho-based Albertsons Cos. has partnered with Tortoise, an automated logistics company focused on last-mile solutions, to pilot its remote-controlled zero-emission delivery cart in Northern California.

The Safeway cart, powered by Tortoise, is equipped with a camera and a speaker and is guided through the neighborhood by a remote operator. The cart can hold up to 120 pounds of groceries in four lockable containers for a contactless delivery experience.

When the cart arrives at a home, the customer receives a text to come outside and pick up their groceries. The carts are specifically designed to deliver groceries and parcels in a safe manner – at an average speed of 3 mph and powered 100 percent by an electric battery. theshelbyreport.com

How leaders can use emotional intelligence to connect with all employee types
Managers who take the time to get to know their employees are well-positioned to get their best effort—but only if they then leverage that information. Here’s how to do it effectively:

Follow Up: It is an opportunity for you to get to know your people on a deeper personal level.

Model Behavior: To get your staff to be more open and build the trust that is needed for your staff to share, you need to model the behavior they are seeking.

Keep a Record: It may make sense to keep a record of relevant information that you can use to make to help organize people into teams and assign work.

Consider How You Recognize Work: Giving recognition is another area that it becomes important to know someone’s preference. fastcompany.com

Amazon quietly opens its eleventh Fresh store, reportedly plans 28 more

Nike Ties Exec Pay to Diversity & Environment


Quarterly Results
Poshmark Q1 revenue up 27%

Canada's Empire (Sobey's) Q3 comp's up 10.7%, E-commerce up 315%, sales up 9.7%

United Natural Foods Q2 net sales up 7.1%

Tilly's Q4 comps up 2.5%, net sales up 3.2%, FY 2020 net sales for stores down 31.3%, e-commerce sales up 76.2%, net sales down 14.2%

Ulta Beauty Q4 comp's down 4.8%, net sales down 4.6%, FY 2020 comp's down 17.9%, net sales down 16.8%

Party City Q4 comp's down 5.9%, digital sales up 27.1%, total sales down 11.4%
Party City FY 2020 comp's down 16.5%, total sales down 21.2%



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RH-ISAC: Top Three Focus Areas for CISOs in 2021

In a year that tested our resolve, the RH-ISAC community was resilient. The COVID-19 pandemic altered business-as-usual operations, changing the ways consumers shop and travel, and how employees work. Many of our members were forced to reduce staff and contractors, financially de-prioritize large capital and long-term projects, and delay initiatives that would have contributed to the maturity of their information security programs.

It is no surprise, then, that 45% of the challenges that chief information security officers (CISOs) cited in our 2020 CISO Benchmark Report were organizational. Business priorities changed and increased the demand for internal services while the threat landscape – particularly related to eCommerce – accelerated and evolved. With limited funding, resources, and staffing, our members achieved more with less.

According to the data, up to 50% of information security budgets are being spent on the tools needed to fortify defenses, automate processes, or transition to the cloud. Between 31-40% of the budget is invested in the personnel responsible for operating those technologies while less than 30% is dedicated to third-party services that extend capabilities that cannot be achieved in-house. Considering this context, CISOs from the RH-ISAC community are focusing their 2021 efforts in three key areas:

1. Security Architecture: Identity and access management emerged as a fundamental component to any information security program. It is the top priority that FTEs are dedicated to, especially for those working with a small budget. CISOs are also looking to automate security tools and integrations to improve visibility and monitoring across the network, which will strengthen cloud security practices and free up personnel to support large-scale business transformation projects.

2. Security Operations: Security Operations Center (SOC) operations, including tools, continues to develop as either a standalone or outsourced capability. Specifically, there is a focus to enhance data protection measures and become more efficient with vulnerability management. In the spirit of doing more with less, many CISOs are working to increase detection and response capabilities while consolidating third-party security solutions. Some CISOs are starting to think beyond incident response policies and playbooks, working to design and develop business continuity and disaster recovery processes.

3. Risk Management: As teams mature, more resources are dedicated to understanding new governance and compliance regulations. Many CISOs are looking to leverage risk assessments and frameworks to identify high-risk areas and align controls to standards that guide program maturity. Interestingly, insider threat also emerged as a priority CISOs wanted to address this year. rhisac.org
 



Microsoft Exchange Server hacks ‘doubling’ every two hours

A ransomware variant is now also leveraging the critical vulnerabilities.

Cyberattackers are taking full advantage of slow patch or mitigation processes on Microsoft Exchange Server with attack rates doubling every few hours.

According to Check Point Research (CPR), threat actors are actively exploiting four zero-day vulnerabilities tackled with emergency fixes issued by Microsoft on March 2 -- and attack attempts continue to rise.

Microsoft issued emergency, out-of-band patches to tackle the security flaws -- which can be exploited for data theft and server compromise -- and has previously attributed active exploit to Chinese advanced persistent threat (APT) group Hafnium.

On March 12, Microsoft said that a form of ransomware, known as DearCry, is now utilizing the server vulnerabilities in attacks. zdnet.com

IT Spending Tops Capital List - Cloud & Analytics
CFOs see need to overhaul capital strategy amid pandemic 'shock,' EY says
Facing “a once-in-a-generation shock” from the pandemic, 56% of CFOs see a need to completely overhaul their capital allocation strategy, with about two out of three saying they were unable to fund all planned projects in 2020, EY found in a survey of 1,050 financial executives in nine countries.

Only 47% of CFOs say their capital allocation process meets total shareholder return goals and more than two-thirds plan to rebalance their portfolios to focus on core business.

“Changes in customer demand and behavior, uncertainty over the pace of the post-pandemic recovery, difficulty in developing forecasts and the need to decide which changes spurred by the pandemic are permanent and which are temporary all point to the importance of continuous improvement in the capital allocation process,” EY said.

The coronavirus has “supercharged” digital transformation, EY said, adding that 62% of CFOs “say accelerated digital transformation will impact capital allocation going forward.” Fifty-two percent of CFOs said lack of data access thwarts optimal capital allocation, with 42% also citing insufficient ability in data analysis.

CFOs will likely spend more on IT in 2021 than ever in response to forecasts that vaccinations will clear the way for strong economic growth.

CFOs rank cloud enterprise resource planning (ERP) and advanced data analytics at the top of the list for information technology investment through 2024, according to a Gartner survey of 167 corporate finance organizations. cfodive.com

Deep Fakes Gaining Momentum & Accuracy
Researchers show deepfakes can beat face biometric web services, propose defense strategy
Commonly used methods for generating deepfakes can result in images that regularly defeat face biometric algorithms, according to a new report by researchers at Sungkyunkwan University Suwon in South Korea.

The three researchers’ paper, ‘Am I a Real or Fake Celebrity?’, pits deepfake impersonation attacks against commercial facial recognition web services for identifying celebrities from Microsoft, Amazon and Naver. Researchers Shahroz Tariq, Sowon Jeon and Simon S. Woo state that the attacks can easily be generalized to non-celebrities.

They attempted targeted attacks, intending to trick the algorithm into misidentifying the submission as a particular celebrity, and non-targeted attacks, to trick the algorithm into mistakenly identifying the image as any celebrity, the latter of which were consistently successful. biometricupdate.com

Europol:
Illegal mobile application with more than 100 million users taken down in Spain - Earning $5.9M U.S.

The application, available on several websites and platforms, was streaming videos
 and TV channels


Europol supported the Spanish National Police (Policía Nacional) to dismantle a criminal group distributing illegal video streams. The investigation also involved law enforcement authorities from Andorra and Portugal. The application, downloaded by more than 100 million users via different websites, illegally offered the streaming of videos and TV channels.

The investigation identified a number of connected websites and platforms located in Spain and Portugal with connections to servers in Czechia. The Spanish company behind the illegal activity earned its profits through advertisements. Through the computer infrastructure and power, they were able to sell user information to a company related to botnet and DDoS attacks. Investigators estimate the overall illegal profits at more than €5 million, $5.97 million U.S.

Europol supported the investigation with operational coordination and analysis. Europol supported the action day with the deployment of a virtual command post. europol.europa.eu

'Lax Security Measures' Led to Abuse
Hacked security firm reportedly let staffers peek into clients' cameras
Surveillance startup Verkada reportedly enabled dozens of staffers to peep on its clients — just like the hackers who attacked the company this week.

More than 100 Verkada staffers had access to the internal “Super Admin” privileges that hackers used Monday to get feeds from more than 150,000 cameras, according to Bloomberg News.

That meant a wide range of workers could watch the inner workings of Verkada’s clients, including jails, hospitals, schools and major companies like Tesla, the outlet reported Wednesday, citing three former employees.

“We literally had 20-year-old interns that had access to over 100,000 cameras and could view all of their feeds globally,” one source told Bloomberg.

Tillie Kottmann, one of the hacktivists responsible for the Verkada breach, told surveillance research firm IPVM that they posed as an employee with “Super Admin” privileges to break into the company’s system.

The Super Admin accounts are supposed to help Verkada workers fix products and help customers with problems, according to Bloomberg. But the company’s lax security measures reportedly made it easy to misuse the system.

Verkada told Bloomberg that it has clear policies for how employees should use the Super Admin feature, which was only available to staff who needed to address “customers’ questions and technical issues. nypost.com

Adapting to Pandemic IT Security Challenges
Defending enterprise systems during a pandemic
“Defending enterprise systems is a challenge at the best of times,” said Robert Blumofe, chief technology officer at Akamai. “Doing so in the middle of a pandemic only adds to these complexities and challenges.”

In 2020, Akamai faced 21.5 million malicious DNS queries out of an aggregate of 109 billion, or about 299 million DNS queries per day. The majority of these attacks were malware attacks, with Akamai logging 10.2 million blocked requests related to malware in 2020. This could be due to a malicious link being clicked in an email, document, or even on a website, but the exact cause of the block events remain unknown.

Phishing, second only to malware, was the other top attack type observed in the Enterprise Threat Protector logs for 2020, with 6.3 million blocked attempts. The company’s platform organization, finance group, global services team, the office of the CIO, and the web sales and marketing unit were the most targeted, which tells us that criminals aren’t too picky when it comes to victim selection, but they will focus their efforts when the potential gain is large.

“One of the lessons learned in 2020, as it pertains to remote work and distance learning, is that the usual way of protection will work to a degree, but security must adapt rapidly to changing situations,” said Steve Ragan, Akamai security researcher, and author of the State of the Internet / Security report. “Just because a policy or program works great in a data center or office doesn’t mean it will work when everyone has to go home. The forced changes in 2020 were a blunt reminder of this fact.” helpnetsecurity.com


 
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Walmart just lost another e-commerce leader - the 6th in the last 14 months
What it means for the future of the company
Walmart is losing its EVP of US supply chain to MedTronic, Bloomberg was first to report. It's the latest in a cascade of high-ranking executives in the company's e-commerce leadership.

Smith was at the helm of Walmart's recent efforts to combine its store and e-commerce supply chains, which has led to staffing changes up and down the organization.

Walmart's e-commerce strategy has recently been dominated by the acquisition of Jet.com in 2016, which brought an injection of e-commerce talent with a startup mindset. Since then the company has embraced pickup and drive-up, started and ended partnerships with a handful of same-day delivery partners, launched its own on-demand delivery workforce in Spark, and overtaken Amazon as the market leader in e-grocery. Under former Walmart e-commerce CEO Marc Lore, the retailer also engaged in an acquisition spree, purchasing a number of digital native brands like Bonobos, Modcloth, and Art.com.

With Smith moved on to medical device supplier MedTronic, the company is searching for a Chief Supply Chain Officer and a Supply Chain Chief Operating Officer under that to manage the company's warehouse and transportation fleet.

Spieckerman said that, with its spate of staffing changes and divestments from some of the companies acquired by Lore, Walmart appears to be prepping for next-stage growth, namely the "promise of a seamless experience between online and in store" in categories beyond grocery. businessinsider.com

Amazon Settles Whistleblower Suit Over COVID-19 Protocols
Amazon and a former employee who claimed he was fired in retaliation for reporting that a shift manager at a New Jersey facility flouted coronavirus safety protocols told a Garden State federal judge Tuesday they have resolved the dispute. The filing does not include details about the settlement.

The employee David Bailey, who was tasked with enforcing such safety measures as an Amazon.com Inc. learning ambassador, said he was fired in August after complaining that Kristopher Lauderdale refused to keep at least a 6-foot distance from other workers, according to the complaint filed in October asserting a violation of New Jersey's Conscientious Employee Protection Act.

Bailey said in his suit that he realized the company operated its business "unlawfully on a sustained and continued basis with regard to enforcing safety laws/regulations surrounding the COVID-19 pandemic."

"Plaintiff also discovered that Lauderdale had been reported several times by several employees for violations of said laws/regulations but HR either ignored or refused to pass the complaints on to upper management," the complaint said.

Law360 published publicly - not behind pay wall. law360.com

Walmart Gears Up Automation Capabilities


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Hillsborough County, FL: Two arrested in Best Buy Roof Top Burglary attempt
Just after 2 a.m. HCSO received an alarm call from Best Buy in Brandon. Upon arrival, deputies discovered a breach at the access roof hatch. Aviation responded and found suspect, Dustin Jay Ammons (39), on the roof attempting to hide. Deputies got onto the roof and located Ammons, along with burglary tools, a 64-foot ladder and 11 black duffle bags. Seems like Mr. Ammons had big plans. He was wearing all black and had a radio earpiece. Deputies nearby began searching for his car and discovered it was parked across the street at the AMC Theater. Inside was Liliana Maria Grist (42), also equipped with a radio ear piece.

Surveillance video from inside Best Buy did not show anyone walking inside the business, but it did reveal two ropes hanging from the ceiling. Sadly for these two, the ropes didn’t help them successfully steal any merchandise. They didn’t get any electronics, but they did get charges of Criminal Mischief, Possession of Burglary Tools and Burglary of an Unoccupied Structure. Great work District V deputies and Aviation! cbs12.com

Tulsa, OK: Police Arrest Woman Accused Of Shoplifting $22,000 From Tulsa Retailers
Tulsa Police arrested a woman accused of stealing at least $22,000 worth of merchandise from beauty and sports stores. Police said the investigation started more than six months ago and believe there may more arrests and victims to follow. 24-year-old Rilyshia Dyer is in the Tulsa County Jail, a place she's been to several times, according to court records. Dyer is accused of stealing fragrances and other merchandise from Ulta Beauty and Academy Sports over the last few months. Officers said they arrested Dyer Wednesday after she stole more than $4,000 in items from Ulta Beauty.

Police said getting Dyer off the streets is key to tracking down similar cases. "And hopefully, the crime rate will reflect that because what I want is the citizens of Tulsa to feel safe, and if there's a larceny occurring somewhere that drives up, we all will end up paying for that as consumers and as taxpayers," said Lt. Billy White with TPD’s street crimes unit. White said Dyer either passes the stolen items off to other criminals or sells them in different gas station parking lots. He said while Dyer is from Tulsa, she could be getting help from a crew and even crossing state lines for their crimes. newson6.com

Update: New York, NY: 5th Suspect, on Run Since October, Busted in JFK Airport $6M Luxury Goods Heist
One of two alleged co-conspirators who remained at large last year as authorities announced four had been indicted for allegedly stealing more than $6 million in luxury goods using tractor-trailers in two complex heists at JFK Airport, has been arrested, the Queens district attorney's office said Thursday. Oscar Asencio, 32, has been arraigned on an indictment in Queens Supreme Court on charges of conspiracy and criminal possession of stolen property for allegedly possessing, protecting and selling off nearly half of the $5.3 million worth of stolen designer gear from the second heist. That second theft involved Chanel jewelry and handbags, Gucci sneakers, purses, sunglasses and clothing. A judge remanded the Astoria man after the hearing. Attorney information for him wasn't immediately available. If convicted, Asencio faces up to 25 years in prison. nbcnewyork.com

Worthington, MN: South Dakota man to serve probation for role in Runnings, Bomgaars thefts
A Yankton, South Dakota resident will serve two years of supervised probation in relation to a December incident in which he was caught attempting to leave Runnings in Worthington with stolen merchandise. Dominic Condon, 44, told police that he had helped two others steal about $1,500 in items from Runnings, and that the two others had stolen from the Luverne Bomgaars earlier that day. They promised him drugs in exchange for his help. news.yahoo.com

New Orleans, LA: 30 minutes after car burglary, stolen bank card used for $1k purchase
The New Orleans Police Department is trying to find two suspects who are accused of using a stolen bank card to make a $1,000 purchase at a home supply store. According to the NOPD, someone burglarized a car on Friday, March 5, at about 2:00 in the afternoon. Police say multiple credit/debit cards were among the items taken. About 30 minutes later, police say one of the stolen cards was used to make a $1,000 purchase at the Home Depot in Kenner. Police released surveillance video from the Home Depot that they say shows two suspects making the purchase. Police did not say if they believe the two people shown in the video are also responsible for the car burglary earlier that same day. wgno.com

South America: In Brazil, organized crime siphons billions from gas stations

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Shootings & Deaths

Wauwatosa, WI: Police believe pedestrian struck and killed on I-41 was connected to retail theft at Best Buy
The pedestrian who was struck and killed on Interstate 41 on Thursday night is believed to have been a retail theft suspect who was fleeing Wauwatosa police officers. The crash, which shut down southbound lanes of I-41 for more than nine hours beginning at 7 p.m. Thursday, was preceded 20 minutes earlier by a retail theft report from Best Buy, according to Wauwatosa police. Before arriving at the store, officers located a car that matched the description of the vehicle believed involved in the theft. They performed a traffic stop somewhere near the Wauwatosa Police Department, at 1700 N. 116th St., but one of three occupants fled on foot as officers approached the car, according to a news release. As officers searched for the man, they learned a pedestrian had been struck by a car on I-41 near West North Avenue, in the area where the suspect was last seen running, police said. “Positive identification of the man who was struck is still pending, but at this time we believe the two incidents are related,” police said. fox6now.com

Memphis, TN: Man shot to death outside Raleigh grocery store; 40 shots fired
Memphis Police say a man was shot to death outside a Raleigh grocery store Thursday afternoon. It happened just feet from the entrance to Save-a-Lot on Austin Peay around 2 p.m. People at the scene tell us that the victim had gone to the store to purchase canned goods and had several of his family members waiting in a car outside. As the victim was leaving the store, WREG is told that several men opened fire on him. Police evidence markers suggest at least 40 shots were fired. The shooting appears to have happened in direct view of a store surveillance camera and right across the street from the recently opened Austin Peay police precinct. wreg.com

Berwyn, IL: 50-year-old man killed in West Suburban restaurant shooting
Police say Clarence Hendrix’s killer remains on the run. Around 11:30 a.m., authorities responded to the Jelly Jam Restaurant & Pancake House, on West Cermak Road, following reports of gunfire. Several witnesses told police that Hendrix and the shooter had an altercation. Police say Hendrix, a customer at the restaurant was shot. He was pronounced dead at a nearby hospital. wgntv.com

Update: Oklahoma City, OK: 5 Oklahoma City police officers charged with manslaughter in 15-year-old Stavian Rodriguez shooting death
Five Oklahoma City police officers were charged Wednesday with first-degree manslaughter in last November's fatal shooting of a 15-year-old boy. Stavian Rodriguez was shot by officers responding to reports of an attempted armed robbery at an Oklahoma City convenience store on Nov. 23. TV news video appears to show Rodriguez outside a gas station, dropping a gun. The boy raises his hands, then lowers them before being shot. Oklahoma City District Attorney David Prater charged five of the responding officers with first-degree manslaughter. If convicted, they could face up to life in prison. abc11.com

Costa Mesa, CA: Police shoot suspect who stabbed 7-Eleven cashier during robbery
Police shot and wounded a robbery suspect who stabbed a cashier at a 7-Eleven store in Costa Mesa early Thursday morning, officials said Officers responded around 4:45 a.m. after getting a call about a fight at the business, according to the Costa Mesa Police. They arrived to find the violent robbery in progress. “The male suspect was assaulting the cashier with a knife when the officer involved shooting occurred,” police said in a news release. The suspect was wounded by the gunfire. He was treated at the scene then taken to a hospital. No details were available on his condition. The cashier suffered stab wounds during the robbery and was taken to a hospital in stable condition. Both the cashier and the robbery suspect were only described as being adult men. ktla.com

Jackson, MS: Man sentenced to Life for killing Gas station owner

 



Robberies, Incidents & Thefts

Avondale, MO: ‘That’s not happening’: Clerk chases armed robber out of store
Surveillance video shows the moment a Missouri store owner chased a would-be robber outside, despite his having pointed a gun at her head. Pam Overstreet, owner of Pam’s One Stop Bottle Shop, said the attempted armed robbery happened Wednesday morning, 20 minutes after the store opened. “He definitely was so young looking. All I kept thinking about was my kid. He looks like a little kid. I was not scared at all,” she said. binghamtonhomepage.com

Riverside, CA: Irvine Man Sentenced to 9.5 Years in Federal Prison for Role in Robbery Spree of Cell Phone Stores Across Southern California
Anthony Wimbley, 28, of Irvine, was sentenced on Monday by United States District Judge Jesus G. Bernal. Wimbley pleaded guilty in September 2020 to one count of Hobbs Act robbery and one count of using a firearm in furtherance of a crime of violence. According to the evidence presented at trial, on May 21, 2019, Wimbley, brandishing a handgun and accompanied by three co-conspirators, robbed an AT&T Wireless store in Fullerton, stealing $23,339 worth of electronic devices and cell phones. A federal grand jury in October 2019 charged Wimbley, Robinson and four other men in an indictment that alleged a conspiracy to rob cellular phone stores in Chino, Fullerton, Long Beach, Victorville, and Beaumont. The defendants targeted cell phones that did not contain tracking devices, and, in total, stole approximately $191,053 worth of cell phones and electronic devices, and approximately $2,434 in cash, according to the indictment. justice.gov

Dallas, TX: Serial Cell Phone Store Robber hitting TX & Southern CA Convicted at Trial
After around two hours of deliberations, a jury on Wednesday found 49-year-old Edward Eugene Robinson guilty of conspiracy to interfere with commerce by robbery, two counts of interfering with commerce by robbery, and two counts of brandishing a firearm during a crime of violence. Over the course of the conspiracy, Mr. Robinson stole over $600,000 of inventory, including cell phones, tablets, and watches. Mr. Robinson faces a minimum of 14 years and up to life in federal prison for his crimes. A sentencing date has been set for July 8. He also faces additional charges in the Central District of California. justice.gov

Peoria, IL: Trial date set for Michigan men accused of Kay Jewelers “smash and grab”

Austin, TX: Investigation continues: Police seek 7 who robbed Barton Creek Square mall jewelry store in 'smash and grab'

Memphis, TN: C-Store employee stole over $31,000 in lottery tickets

Carson City, CA: McDonald’s employee arrested for Grand Larceny, stealing $3,000 in cash

 



Counterfeit

Laredo, TX: HSI, CBP seize $14.7 million in counterfeit electronics at South Texas’ World Trade Bridge
In a joint effort, Homeland Security Investigations (HSI) and U.S. Customs and Border Protection (CBP) on Feb. 9 seized $14.7 million in counterfeit electronics devices, toys and furniture infringing on multiple CBP-registered trademarks at the World Trade Bridge. The merchandise included earphones, mobile phone chargers, gaming controllers, USB cables, digitizers, keyboards, smartphone watch bands and phone cases.  ice.gov


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AT&T – Oakland, CA – Robbery
Best Buy - Hillsborough County, FL – Burglary
C-Store – Victorville, CA – Robbery
C-Store – Lima, OH – Armed Robbery
Dollar General – Indianapolis, IN – Armed Robbery
Hardware – Renton, WA – Armed Robbery
Jewelry - Oklahoma City, OK – Robbery
Liquor – Avondale, MO – Armed Robbery
Restaurant – New Haven, CT – Burglary
Restaurant – New York, NY – Burglary
T-Mobile – Wyoming, MI – Robbery
Vape – Jefferson County, MO – Burglary
7-Eleven – Plainfield, IL – Armed Robbery
7-Eleven – Costa Mesa, CA – Armed Robbery            
               
 

Daily Totals:
• 10 robberies
• 4 burglaries
• 0 shootings
• 0 killed

 

Weekly Totals:
• 72 robberies
• 26 burglaries
• 0 shootings
• 1 killed



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