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The UK Ministry of Defence (MOD) has admitted that it has lot 658 laptops and 121 USB data drives since 2004, much more than was previously admitted to. Yes another data loss disaster for the government to face Report warns that losses could be the tip of the iceberg The majority of businesses still hold the end user liable if they cause a security breach, despite legislation which deems the employer responsible, according to new research by McAfee. Consumer anxiety about internet security has caused a US$2 billion loss in e-commerce and banking transactions this year, according to a Gartner analyst. Embedded anti-malware scanner designed to curb data losses. Scotland Yard police chief adds voice to growing calls for a new NHTCU-style agency. Global fraud losses rise 22 per cent as spectre of information theft rears its ugly head. Visa Risk Manager will address fraud losses and help issuers approve a greater number of legitimate credit and debit transactions. Banks falling behind fraudsters. The stakes were high when scores of researchers and investigators met Thursday for the twice-annual International Botnet Task Force meeting. Today, businesses are increasingly moving to SSL-encrypted traffic on their network for greater security and data protection. Fifty-six people have been arrested in connection with an undercover FBI operation that posed as an online forum for trading stolen credit card numbers. The first network protected by quantum encryption has gone live at a scientific conference in Vienna. A Nigerian man has been arrested over an Internet-based lonely-hearts scam, which stripped a 45-year-old Queensland man of thousands of dollars. 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. As long as there has been credit granting there have been customers committing first party fraud. While it is unlikely we will ever abolish cybercrime, I do believe that we can make the internet a safer place. As many as 50,000 personnel records at risk from Uk's Royal Airforce security
breach. A recent U.S. Department of Justice survey indicates that the majority of American businesses have detected one or more cyberattacks.