Protection Is a Pricey Perk for Top Tech CEOs

Some tech boardrooms go to expensive lengths to protect the top brass, authorizing company funds for cars, drivers, bodyguards, and home security systems to keep the CEO safe.

The cost is high, but proponents view safeguarding the CEO as a necessary business expense. The CEO is among a company’s most valuable assets, and protecting that asset can minimize corporate risk and align with shareholder interests.

Network World analyzed pay packages at 49 tech companies and found seven that itemized security-related perks received by the CEO. One of the most expensive programs is at Oracle, which paid $1.5 million to secure CEO Larry Ellison’s primary residence.

“We require these security measures for Oracle’s benefit because of Mr. Ellison’s importance to Oracle, and we believe these security costs and expenses are appropriate and necessary,” Oracle wrote in its proxy statement. Ellison paid for the procurement and installation of the security equipment, Protection, and he’s responsible for maintaining the system. Oracle pays for the annual costs of security personnel.

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Colombia’s Organized Crime Makes 14 Billion a Year

Illegal armed groups in Colombia make approximately $14 billion a year in drug trafficking and illegal mining activities, said the country’s top financial intelligence official Tuesday.

According to Luis Edmundo Suarez, director of the financial crimes unit FIAU money, Colombia’s drug trafficking groups launder some $10 billion annually, a figure corresponding to about 3% of the country’s Gross Domestic Product.

The FIAU estimates that illegal mining generates around $4 billion annually for organizations like rebel group FARC and neo-paramilitary group Urabeños .

“These resources enter the Colombian economy and are washed in the same economy or through international mechanisms used by criminals for money laundering purposes,” said Suarez.

The official explained that illegal money enters the economy by two channels: through financial schemes or traditional cash-driven companies.

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Event Security

Event crowd

Conducting safety & security for special events can be time-consuming. From assessing external threats to internal threats, logistics, VIP and talent security, asset protection, emergency medical response, and doing all this while balancing a fun & festive environment for show attendees can be a challenge in the best of times.

However, it can also be very rewarding to see the end result once the program has completed with zero loss, zero injuries, and happy, smiling faces walking away during the load-out phase. Here is to another successful completion of a client’s special event security by PRS!

Mexico Crime Survey Reveals Conflicting Trends

Mexico’s declining murder rate counts as a major accomplishment for President Enrique Peña Nieto, but the nation’s annual victimization survey indicates that the country remains beset by violent crime.

Mexico’s demographic and statistical agency recently published the results of its latest victimization survey, known as Envipe. The survey paints a picture of a population that has suffered at the hands of criminals at a steadily increasing rate: 22.4 million Mexicans told the Envipe pollsters that they had been victims of a crime in the past year, up from 21.6 million in 2012. This is the third straight year of increases. The total number of crimes has also spiked in recent years: Envipe registered 33.1 million total, a roughly 50 percent increase from the 22.4 million registered in 2011.

The most common crimes were robbery, extortion, and car theft, all of which increased significantly. The four states showing the highest rate of victimization were Mexico City, Mexico State, Baja California, and Jalisco. The states showing the largest increases — and thus those largely responsible for driving the national increase –were Coahuila, Chiapas, Mexico State, Tlaxcala, and Oaxaca.

Manufacturing Businesses’s Have Lost Intellectual Property

According to a survey of businesses IT managers worldwide, 21% of manufacturers suffered a loss of intellectual property (IP) within the past year. Malware was the most common cause of data loss incidents for manufactures, although other types of cyber-incidents – including software vulnerabilities, theft of mobile devices, network intrusion, etc. – were also cited as sources IP leakage.

In a highly competitive global economy, businesses rise to leadership or sink into bankruptcy on very slim profit margins. Most often, a business’s most decisive advantage comes in the form of Research & Development insight or a proprietary high-tech solution which, in the case of manufacturers, can help businesses produce items more efficiently than their competitors. If a competitor is able to obtain this insight, especially without incurring the initial R&D costs, then that competitor now has a significant business advantage.

The manufacturing industry clearly understands the importance of securing their intellectual property. The survey found that…

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Scam Warning – The IRS Scam You Need Watch For.

SCAM WARNING: A supposed IRS agent named “James Flores” with a Russian accent called me from (917) 300-3104 to let me know that if I didn’t wire them $5,000 within one hour, officers would arrive at my house and arrest me.

We had a great conversation re the IRS not soliciting money by phone or e-mail, the FTC, FBI – Federal Bureau of Investigation, FCC, and how many folks I recommend they send prior to his screaming at me and hanging up.

He later called back from (609) 858-6398 and said his name was Tony Beck. Same guy… different state and phone number. I waited a few minutes before calling him “James” and asking him to spell his name. Sure enough J-A-M-E-S… but wait, I thought you were Tony this time? CLICK…
Useful information regarding IRS scams hitting our state in force right now:

To be clear… the IRS will never EVER solicit money by phone.
Oh, and don’t forget to report the attempt to the U.S. Department of the Treasury here: https://www.treasury.gov/tigta/contact_report_scam.shtml

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