Fugitive Arrested After 3 Years on Charges Related to BEC Scheme

The United States Department of Justice (DoJ) has announced the arrest of Njuh Valentine Fombe, who was wanted for his role in a business email compromise (BEC) scheme.

Indicted in 2019, Fombe was a fugitive for three years until he was arrested on August 6. He is charged with conspiracy to commit wire fraud and money laundering, and with aggravated identity theft.

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Ghost Security Snags $15M Investment for API Security Tech

Texas startup Ghost Security has joined the list of early-stage companies in the API and application security space attracting venture capital funding.

The Austin-based company emerged from stealth this week with $15 million in investments from 468 Capital, DNX Ventures, and Munich Re Ventures.

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Slack Forces Password Resets After Discovering Software Flaw

Workplace productivity software giant Slack on Friday forced password resets for a tiny fraction of its users after the discovery of a security flaw that exposed Slack credentials.

Slack’s security response team alerted users to the issue via email and followed up with a blog post warning about the risk of passwords leaking to a skilled attacker.

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