Facebook and Google Were Victims of $100M Payment Scam
1–10 of 13 posts
Re: Facebook and Google Were Victims of $100M Payment Scam
#2The interesting aspect is how a $100m theft is not considered a "material event" with regards to SEC reporting at these firms.
Re: Facebook and Google Were Victims of $100M Payment Scam
#3Not sure how that worked. When I've been to large companies, nothing was payed without a PO and an elaborate PO process.
Re: Facebook and Google Were Victims of $100M Payment Scam
#4The interesting aspect is how a $100m theft is not considered a "material event" with regards to SEC reporting at these firms.
agree 100%. A company doesn't have sufficient controls (or auditing!?) around its financials and doesn't catch rogue payments up to 10s of millions over a TWO YEAR period, and thats only maybe a material event? Could be isloated event, could be the scammer told some friends how to pull it off with other suppliers, etc...
Sounded like the SEC is getting caught with their pants down on this too, though. Maybe not sure how to deal with these situations?
Re: Facebook and Google Were Victims of $100M Payment Scam
#5What is the state-of-the art way to block those annoying autoplay videos?
I have previously enabled click-to-play for flash, but now that videos have moved to html5, that no longer works. So then I installed the "Disable HTML5 Autoplay" chrome extension, which worked for a while, but seems to be less and less effective these days. Then I resorted to picking site elements with Ublock. Amazingly, this didn't work today for this Fortune article. I finally had to just block their CDN (brightcove) via Privacy Badger.
Surely there must be a better way. This is just getting insane.
Re: Facebook and Google Were Victims of $100M Payment Scam
#6[deleted]
Re: Facebook and Google Were Victims of $100M Payment Scam
#7[deleted]
Re: Facebook and Google Were Victims of $100M Payment Scam
#8The interesting aspect is how a $100m theft is not considered a "material event" with regards to SEC reporting at these firms.
You would be shocked by how much large companies can loose as a result of fraud and inventory loss without reporting. Typically companies establish a percentage of revenue which when surpassed triggers disclosure. It's usually in the 1% neighborhood. Alphabet reported $89.5 billion in revenue in just 2016 & this fraud reportedly took place over two years. In other words, not even close to what most companies would consider reportable from a percentage perspective.
Re: Facebook and Google Were Victims of $100M Payment Scam
#9What is the state-of-the art way to block those annoying autoplay videos? I have previously enabled click-to-play for flash, but now that videos have moved to html5, that no longer works. So then I installed the "Disable HTML5 Autoplay" chrome extension, which worked for a while, but seems to be less and less effective these days. Then I resorted to picking site elements with Ublock. Amazingly, this didn't work today…
I use Firefox and have disabled autoplaying across the board by going to about:config and setting media.autoplay.enabled to false.
Unfortunately it doesn't offer exceptions at all (eg. by domain), so you'll need to click-to-start media on every site. IMO it's worth that minor effort.
Re: Facebook and Google Were Victims of $100M Payment Scam
#10What is the state-of-the art way to block those annoying autoplay videos? I have previously enabled click-to-play for flash, but now that videos have moved to html5, that no longer works. So then I installed the "Disable HTML5 Autoplay" chrome extension, which worked for a while, but seems to be less and less effective these days. Then I resorted to picking site elements with Ublock. Amazingly, this didn't work today…
Have you tried to disable JavaScript? That might work. There are even add-ons that let you do with one click.