McAfee Cybersecurity
McAfee Founder is Arrested for Tax Evasion
Image sourced from Al Jeezera Cybersecurity company founder, John McAfee has been arrested in Spain after allegedly evading taxes. The US Justice Department revealed that an indictment from 15 June delivered by the Tax Division claims McAfee failed to file tax returns from 2014 to 2018 despite earning “millions in income from promoting cryptocurrencies, consulting work, speaking engagements, and selling the rights to his life story for a documentary”.’ The cybersecurity pioneer is reportedly also facing charges of cryptocurrency promotion from the SEC. According to Engadget, “the SEC explains that the charges are for McAfee promotion initial coin offerings (ICOs) via Twitter without admitting that he was getting paid as much as $23 million for it”. “It details the alleged scheme, as M...
Use of Cloud Collaboration Tools Surge Across the World and So Do Attacks
The COVID-19 pandemic has pushed companies to adapt to new government-mandated restrictions on workforce movement around the world. The immediate response has been a rapid adoption and integration of cloud services, particularly cloud-based tools such as Microsoft Office 365, Slack and other video conferencing platforms like Zoom. A new report by security firm McAfee shows that hackers are responding to this mass migration to these platforms with an increased focus on abusing cloud account credentials. After analyzing cloud usage data that was collected between January and April, from over 30-million enterprise users of its MVISION cloud security monitoring platform, the company estimates a 50% growth in adoption of cloud services across all industries. Some industries, however, saw a much...
