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Organisations that hold personal data should be made liable for fraudulent transactions, say BT security experts. US Federal authorities have busted the criminal ring responsible for the largest hacking and identity theft case in history. 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. 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. New England is again the epicenter of a major retail data breach, this time with the Hannaford Bros. grocery store chain on Monday disclosing that hackers stole 4.2 million debit and credit card numbers from its computer systems. A semiconductor company on Tuesday disputed claims by a hacker that he can access the firm's radio-frequency identification (RFID) chips to jeopardise the security of billions of credit card users. While it is unlikely we will ever abolish cybercrime, I do believe that we can make the internet a safer place. The president's signature is the only thing standing in the way of a rare event: an IT-security related bill becoming law. Security experts are warning users to be on the lookout for a new rash of fake antivirus campaigns. Global fraud losses rise 22 per cent as spectre of information theft rears its ugly head. The recent rash of high profile security breaches, data loss incidents and associated fraud highlights the fact that the security industry is failing to meet the threats. The Web is a pretty nasty place, according to reverse engineer and privacy advocate Mike Perry -- and he should know. Sandboxing processes in tabbed browsers – as seen in Chrome - is great for security, as long as users understand how to use the technology, a security expert has warned. The annual Global Security Week awareness-raising initiative kicked off this week promising to coordinate, encourage and publicise a variety of security-related activities and events across the globe. Pop-diva Madonna is the highlight of a new round of malicious spam messages, security vendor Sophos has warned.
Internet users still make irresponsible online purchasing decisions despite ongoing warnings about the dangers of responding to unsolicited emails, a new survey has found. Failing to protect corporate data opens the corporate purse with no guarantee that it will ever be closed again. The Government has suspended a civil servant who left top secret documents regarding al-Qaeda on a train on Tuesday.
Another phishing email claiming to be from the Australian Tax Office (ATO) is circulating through inboxes under the guise of offering a tax refund. Hannaford Bros. plans to implement millions of dollars of new technology that will effectively overhaul its IT security infrastructure and allow the recently breached supermarket chain to exceed data security requirements, the company and industry experts said.