Former Wal-Mart Stores Inc. vice chairman Thomas M. Coughlin will plead guilty to five counts of wire fraud and one count of tax evasion later in January.The Washington Post reports that the government and defense lawyers agreed that he would serve 27 months in prison, however the plea is still pending. It is also unclear whether the plea involves Coughlin giving investigators information to investigators about other conduct issues within Wal-Mart.Coughlin was the No. 2 executive at Wal-Mart until January 2005, and was ousted over accusations of financial improprieties of up to $500,000. An investigation also lead to three other high-ranking employees getting fired.Wal-Mart told The Washington Post the company was not commenting on the issue. Read more. By Paul Kerstein Related content news Multibillion-dollar cybersecurity training market fails to fix the supply-demand imbalance Despite money pouring into programs around the world, training organizations have not managed to ensure employment for professionals, while entry-level professionals are finding it hard to land a job By Samira Sarraf Oct 02, 2023 6 mins CSO and CISO CSO and CISO CSO and CISO news Royal family’s website suffers Russia-linked cyberattack Pro-Russian hacker group KillNet took responsibility for the attack days after King Charles condemned the invasion of Ukraine. By Michael Hill Oct 02, 2023 2 mins DDoS Cyberattacks feature 10 things you should know about navigating the dark web A lot can be found in the shadows of the internet from sensitive stolen data to attack tools for sale, the dark web is a trove of risks for enterprises. Here are a few things to know and navigate safely. By Rosalyn Page Oct 02, 2023 13 mins Cybercrime Security news ShadowSyndicate Cybercrime gang has used 7 ransomware families over the past year Researchers from Group-IB believe it's likely the group is an independent affiliate working for multiple ransomware-as-a-service operations By Lucian Constantin Oct 02, 2023 4 mins Hacker Groups Ransomware Cybercrime Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe