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A laptop belonging to Marks and Spencer was stolen in May 2007 it has beenrevealed This Friday, 5:45pm - Your company's star financial analyst is on her way home and needs to drop by the grocery store to pick up dinner. On the passenger's seat is her laptop, freshly loaded with the customer database to help prepare a report for Monday. The Federal Trade Commission has approved a final consent order that settles charges an online clothing retailer failed to properly secure its customers' personal information. Hackers used sophisticated methods to evade detection and place malware on nearly 300 Hannaford Bros. store servers to intercept payment information during the credit card transaction process, the grocery chain told Massachusetts authorities. TJX on Wednesday reported a 47 percent spike in quarterly profits, aided by a reduction in the reserve that was created to pay for costs associated with last year's reported data breach. As the dust settles from one of the largest data breaches since TJX, few fresh details emerged one day after Hannaford Bros. supermarket chain revealed that intruders stole some 4.2 million credit and debit card numbers from its computer systems. TJX has begun distributing claims forms to customers whose information may have been compromised in the retail chain's massive data breach. TJX and three bankers groups have settled a lawsuit over costs related to the discount retailer's record data breach that may have exposed as many as 94 million accounts, the parties announced Tuesday. Information Commissioner’s Office given power to carry out spot checks on government departments Confidential data leakage is more likely to cause the dismissal of an IT manager than a virus outbreak on a business network according to a September survey of Australian IT Managers. Reports this week that the UCLA Medical Center has moved to fire 13 employees and suspended six others for unauthorised access to confidential medical records of pop star Britney Spears is a sign that training and regulations may not be working in some hospitals, experts told SCMagazineUS.com. The U.S. House of Representatives is unlikely to take up a tough identity theft law passed by the Senate last month before considering a broader measure proposed by the chairman of the House Judiciary Committee, a committee counsel has told SCMagazineUS.com. The UK's data watchdog has joined calls for a US-style data loss reporting law. Before TJX revealed its servers had been breached by hackers, the retail giant collected and stored unnecessary and excessive amounts of personal information for too long and relied on outdated encryption technology to defend the data, according to a report released today by Canadian privacy officials. The University of California system has agreed to pay the US Department of Energy (DOE) a US$2.8 million fine as a result of a security breach at Los Alamos National Laboratory last year. Karen Curtis, the Australian Privacy Commissioner has renewed calls for mandatory data breach laws in Australia in a 786-page submission to the Australian Law Reform Commission (ALRC). Two former Ohio University students may have lost their battle in a data-breach-related lawsuit, but the current US political environment left them with no other recourse than to sue, a security industry analyst told SCMagazine.com. Monster.com is beefing up security measures in light of the recent data theft that exposed the personal information of at least 1.3 million users to hackers. The number of consumer records sold to a data broker by a former Certegy Check Services database administrator is actually 8.5 million, about 6 million more than originally reported. Businesses that experience a data breach are paying more per lost record and are shedding customers at accelerating rates compared to last year, an annual study concludes.