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In today’s edition, we’re digging into how a $60 million fraud rocked Orion S.A., showing how crucial it is to spot vulnerabilities before they spiral into chaos. Even with all the buzz around SSO, MFA, and other security measures, blind spots still sneak through—especially in identity management and SaaS apps. Speaking of blindspots, tools like Savvy are becoming essential, helping organizations uncover hidden risks in their SaaS apps before they escalate.

Also on deck, we’re exploring why humor is no joke for great leaders. (See what I did there?)

FEATUREDThe $60 Million Wake-Up Call: What Orion S.A.’s Fraud Means for Corporate Security

Orion, a global player in the special chemicals industry, recently reported a significant financial loss due to a fraudulent scheme. The incident, which resulted in the loss of approximately $60 million, underscores the vulnerability of even the most robust organizations to targeted security and financial attacks.

By Emory Odom, Contributing Writer ● Read More…

EXECUTIVE OPPORTUNITIES

Trupanion is the leader in medical insurance for cats and dogs throughout the United States, Canada, Europe, Puerto Rico and Australia with over 1,000,000 pets enrolled.

Founded in 1921 by military veterans, generations of drivers have counted on Pep Boys ASE-certified Pros to care for their cars.

The university has evolved continuously for over 230 years to become a leading public research university, serving as the state’s flagship institution and Land Grant university.

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TRENDING

Why Great Leaders Take Humor Seriously: A Stanford Duo’s Insights

At Stanford Business School, Naomi Bagdonas and Jennifer Aaker co-teach a course that explores an often-overlooked aspect of effective leadership: humor. Their course underscores the importance of humor as a teachable and essential skill in professional environments. Through their engaging and research-backed approach, they illuminate why humor is not just a nicety but a critical component for fostering motivation, creativity, and connection in the workplace.

By TNCR Staff ● Read More…

EXTRA BYTES

Jen Easterly, Director of the CISA, emphasized the critical threat posed by Chinese cyber activities during her keynote at the Black Hat cybersecurity conference.

A fundamental flaw in Microsoft Authenticator is wreaking havoc on organizations that rely on multi-factor authentication (MFA) to secure their systems.

We want to hear from you in our latest Community Poll. This month we are asking, “How do you primarily discover new potential talent for your organization?”

Anthropic, an AI startup supported by Amazon, is taking a significant step towards enhancing the security of AI models by launching an expanded bug bounty program.

RESOURCE HUB

Savvy | Find and Fix Identity Blind Spots

Despite significant investments in SSO, MFA, IGA, and PAM, organizations still face significant challenges in securing identities, particularly with SaaS apps. Savvy augments these tools with full app and identity visibility to discover and remediate shadow and shared accounts, misconfigured authentication, and weak, reused, or compromised credentials.

TECH TIME TRAVEL

Microsoft Launches Internet Explorer

This week marks the 29th anniversary of Microsoft’s Internet Explorer, which debuted on August 16th, 1995, joining the fierce “browser wars” among online pioneers like Netscape and upstarts like Opera. Internet Explorer made its public debut as part of the Windows 95 operating system launch, kicking off nearly two decades as the dominant web browser across countless PCs around the globe.

By TNCR Staff ● Read More…

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