Daily Archives: March 20, 2017, 1:44 pm

Latest hacking news heightens cybersecurity concerns – Pensions & Investments

Third-party administrators for alternatives managers are double- and triple-checking their cyber defenses following revelations that two firms in the past six months have been hit by hackers. Sources would not name the firms that were subject to email phishing but said both attempts were thwarted before any information was accessed. via Latest hacking news heightens cybersecurity concerns – Pensions &…

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PCAOB Sanctions Former PricewaterhouseCoopers Brazil Partner for Audit Failures

The Public Company Accounting Oversight Board today announced sanctions against a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures and violations of PCAOB rules and standards. Wander Rodrigues Teles was the lead partner for PwC Brazil’s 2010 and 2011 audit work on the Brazilian subsidiaries of Sara Lee Corporation, including Sara Lee Cafés do Brasil Ltda. via…

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Security Professional Charged with Insider Trading — SEC Press Release

The SEC’s complaint, filed in federal court in New York City, alleges that Todd David Alpert, who worked as a security professional at the home of a Heinz board member, misappropriated material nonpublic information about the then-impending acquisition by purchasing Heinz stock and options before the deal was made public. The complaint specifically alleges that shortly after learning about the…

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