Articles Posted in Cybersecurity fraud

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iStock-1350595566-300x174The technology firm was found to have knowingly included false pricing, rebate, and discount information in disclosures to become a GSA Schedule contractor.

NortonLifeLock (Nasdaq: GEN) has been ordered by a federal court to pay $1.7 million in damages for defrauding the U.S. General Services Administration and the State of California in connection with contracts to provide government agencies with technology services and equipment.

A federal judge found following a bench trial that the company, which is now known as Gen Digital, Inc., violated the False Claims Act by knowingly submitting incorrect commercial sales information to the GSA, which is the federal government’s contracting and procurement agency.

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Qui tam whistleblower alleged that Aerojet Rocketdyne misled the government regarding itsiStock-1355638834-2-300x169 compliance with cybersecurity standards

Defense contractor Aerojet Rocketdyne (NYSE: AJRD) has agreed to pay $9 million to settle allegations it violated the False Claims Act by falsely certifying its compliance with federal cybersecurity requirements in connection with multiple procurement contracts with the Department of Defense (DOD) and the National Aeronautics and Space Administration (NASA).  The qui tam relator whose whistleblower complaint exposed the alleged fraud will receive a whistleblower award of $2.61 million.

Critical cybersecurity deficiencies