Former Equifax exec gets 4 months in prison for insider trading after

first_img 0 Share your voice Tags Equifax Hacking Post a comment Security A former CIO for Equifax has been sentenced to four months in prison for insider trading related to the company’s massive data breach in 2017. Jaap Arriens/NurPhoto via Getty Images A former Equifax executive who sold his stock in the consumer credit reporting firm before it announced a massive data breach has been sentenced to four months in federal prison for insider trading. Jun Ying, former chief information officer for the company’s US Information Solutions, was also ordered to pay about $117,000 in restitution and a $55,000 fine, the US Attorney’s Office said Thursday.In 2017, Equifax announced that it suffered a data breach that would affect more than half of the US population, exposing the Social Security numbers, names and addresses of 147 million Americans. The company learned about the breach on July 29, 2017, but didn’t announce it publicly for nearly three months.On Aug. 25, 2017, Ying texted a co-worker about the breach, saying it “sounds bad. We may be the one breached,” according to the indictment. The next week, Ying conducted a web search to learn what happened to Experian’s stock price after the company experienced a data breach in 2015.Three days later, Ying sold all his shares in Equifax, making more than $950,000. Ying’s insider trading happened 10 days before Equifax publicly announced its breach.Ying, 44, is the second Equifax employee convicted of insider trading related to the data breach. Sudhakar Reddy Bonthu, a former Equifax software development manager, pleaded guilty in 2018 to using the insider information to make more than $75,000 on the stock market. Bonthu was ordered to serve eight months home confinement, pay a $50,000 fine and forfeit the proceeds from the stock sale.Correction, July 1: Corrected name of company involved in 2015 breach to Experian. last_img read more

A stringed affair

first_imgCarnatic music is considered as one of the main sub genres of Indian Classical Music. The main focus of Carnatic Music is on the vocal part where the music is composed in the way where they can be sung and when rendered through instruments, they are meant to be performed in the singing style. In order to enthral the Carnatic Music lovers, Carnatic Violin Concert by R Sridhar, disciple of Gurus V S K Chakrapani and presently Akhila Krishnan will be held today at the CD Deshmukh auditorium, India International Centre in the national Capital. Also Read – ‘Playing Jojo was emotionally exhausting’The artist will present a musical homage to past violin maestros – Lalgudi Jayaraman, T K JayaramaIyer and others. Accompanying artists are N Padmanabhan (mridangam); and J Vignesh (kanjira).Sridhar is an accomplished violinist from Delhi who from a very early age displayed immense potential. With able guidance from his gurus, V S K Chakrapani and presently from Akhila Krishnan, Sridhar has carved a niche for himself in the field of Carnatic music.  Also Read – Leslie doing new comedy special with NetflixAn engineer by profession who is passionate about Carnatic music, Sridhar is interested in collaborating with other systems of music to achieve a musical communion.In recognition of his contribution to Carantic music, Sridhar received the title of Sri Kanchi Kamakoti Peetam Asthana Vidwan by H H Jayendra Saraswathi Swamigal in 2012; Natya Tarang Yuva Puraskar by Natraj Music and Dance Academy, Visakhapatnam 2013; the title of National Sangeet Mani conferred by the Utkal Yuva Sanskrutik Sangh, Orissa 2012; Yuva Ratna by Hindustan Arts and Music Society, Suta Nuti Parishad, Kolkata among others.Apart from performances, Sridhar is actively engaged in training and imparting his art to a younger generation of musicians many of whom have gone on to win prestigious scholarships. Sridhar has released two audio CDs titled ‘Rare Ragas and Rare Kirthis’ and ‘Bhakti’.last_img read more

Apeejay Kolkata Literary Festival to be held from January 18 to 20

first_imgKolkata: The Pulitzer winner for Fiction 2018 Andrew Sean Greer, mythology expert and author Devdutt Pattanaik, historian Ramchandra Guha, actor Naseeruddin Shah will be among the personalities addressing the 10th Apeejay Kolkata Literary Festival to be held from January 18 to 20. The list of 16 speakers would also include historian and biographer Rajmohan Gandhi, writer and parliamentarian Shashi Tharoor, columnist and novelist Shobhaa De and journalist Seema Goswami, the AKLF said in a statement Saturday. Also Read – Rain batters Kolkata, cripples normal life The festival will have sections like New Writers – Competition to identify and promote budding writers, Womens Writing, Childrens Lit Fest featuring leading children writers, literary quizzes, interactive sessions and storytelling and Poetry Caf to showcase classic and new poetry collections, poets and prose writers. The AKLF 2019 will focus on health, current affairs, womens issues and childrens literature among other themes, Director of Apeejay Kolkata Literary Festival (AKLF), Maina Bhagat said in the release. Since 2010, the festival has presented live theatre performances, heritage walks, street theatre, eclectic live musical performances, film screenings and literary sessions, she said.last_img read more

Two get life sentence for human trafficking

first_imgKolkata: The Sealdah Court has recently awarded life imprisonment to two persons for their involvement in trafficking of a minor girl from Ultadanga and selling her to a dance bar in Uttar Pradesh.The court has also imposed a fine of Rs 10,000 each and an additional one-year imprisonment for wrongful confinement of the victim. According to sources, on September 2014, the Ultadanga police station received a complaint from a woman who told the police that her 14-year-old daughter had gone missing. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata The investigation revealed that the missing girl had an affair with a man named Rahul Ghosh, who was a bus conductor. The sleuths had doubts that Ghosh could be involved in the case as he also went missing for a few days at that time. The police also learnt from the girl’s family members that she used to dance well. They got information that the girl told some of her close friends that Ghosh was well acquainted with a dance troupe in Uttar Pradesh and he had allegedly promised her a job. Also Read – Lightning kills 8, injures 16 in stateIt soon became more or less clear for the investigators that the girl hailing from a lower middle class family was lured with the promise of job. Suspecting that Ghosh might have trafficked her to Uttar Pradesh, the police used their intelligence network and Ghosh was arrested from September 22 from Ramchandrapur in Uttar Pradesh. The girl was locked up in a room of a dance bar. She was recovered within 10 days after the police complaint was lodged. Ghosh had sold her to the owner of the bar. The sleuths could also nabbed the bar owner Suresh Gupta. A case was initiated against them on charges of wrongful confinement and women trafficking and accordingly the charge-sheet was submitted. In another conviction, the Sealdah Court on Wednesday sentenced a man named Bashir Khan to five years imprisonment for molesting a girl from Dum Dum on March 11. The conviction has been achieved within 22 days of the crime with the Chitpore police station submitting the charge-sheet in the case on March 17.last_img read more