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The FBI has indicated a California man for an ingenious scam that bilked US$50,000 -- a few pennies at a time -- from online brokerage companies E*trade and Schwab.com. With California's data breach notification law now being extended to cover health care organisations, businesses in this space must pay closer attention to how the personal health information entrusted to their care is safeguarded. Embattled retailer TJX Companies - the parent of TJ Maxx, Marshalls and other well-known outlets - has agreed to a nearly US$41 million settlement with Visa. Gary McKinnon has vowed to take his case to the European Court of Human Rights, after his appeal against extradition was rejected. Nearly two-thirds of US adult internet users now shop online, but most of them are very concerned about privacy and security when making online purchases, according to an annual survey released this week by the University of Southern California's Center for the Digital Future.
ChoicePoint, whose watershed breach prompted a burst of state disclosure laws, has been acquired by LexisNexis information service parent, Reed Elsevier, for US$4.1 billion, the two companies announced Thursday. The US Department of Homeland Security (DHS) has set out security requirements for automated control systems, principally in the power industry, to protect installations against physical and cyber-attacks. Gary McKinnon, accused of hacking into US government computers, causing hundreds of thousands of dollars in damage, can protest his extradition to America in Britain's highest court, a three-judge panel ruled today.
A joint McAfee and National Cyber Security Alliance study, released today to kick off National Cyber Security Awareness Month, reports that while 98 percent of 378 respondents believe keeping security software up to date is important, less than half – 48 percent – of their computers had not been updated in the past month. The University of Missouri is the latest university to fall victim to cybercrime, after hackers breached a database and lifted more than 20,000 Social Security numbers (SSNs). The Transportation Security Administration (TSA) said today that it is investigating a missing external hard drive containing sensitive information of about 100,000 employees. Two separate incidents — both resulting in data breaches — have left the personal information of 17,500 Ohio State University students, faculty members and staff compromised. TJX Companies revealed late Wednesday in a regulatory filing that hackers stole data from at least 45.7 million credit card holders when they illegally accessed the discount retailer's processing systems during 2005 and 2006. The US Federal Trade Commission (FTC) has scheduled a two-day workshop to discuss trends in authentication that can help curb identity theft. Chinese hackers are waging war against the United States through the cyber realm, a senior defense official said last week. Turkish police have arrested 17 people who allegedly hacked into internet banking accounts and stole US$300,000. The Internal Revenue Service (IRS) and Kansas City officials are searching for lost agency computer tapes that may have been missing for as long as two months. Citrix announced today that it has reached an agreement to acquire XenSource, a Palo Alto, Calif.-based virtual infrastructure solutions provider. A teen hacker who admitted taking down a US university's computer, was allowed to walk free from court yesterday. The FBI has arrested two men and charged them with stealing customer information from the servers of US mortgage lender Countrywide Financial.