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A pharmacy benefits management firm is offering a US$1 million reward for information leading to the conviction of its extortionists. Security vendor, F-Secure is days away from capturing its unprecedented one millionth piece of malware. The White House has stated that it is unable to provide investigators with over five million emails relating to the run-up to the Iraq war because it has accidentally deleted them.. Internet-related criminal activities resulted in nearly US$240 million in reported losses in the US, according to the 2007 Internet Crime Report released by the Internet Crime Complaint Center (IC3) and the FBI. The Bank of New York Mellon (BNY Mellon) has admitted that the number of its customers hit by a data breach was much larger than previously stated. 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 Chilean hacker posted sensitive information about six million of his compatriots on the Internet, apparently in an act of protest against the government’s lax data security. Discount retailer TJX, parent of T.J. Maxx and Marshalls, has agreed to a US$24 million settlement with MasterCard over a security breach that left tens of millions of credit card accounts at risk to identity theft. PayPal has agreed to acquire Fraud Sciences, a vendor of online transaction-verification tools. Three men pleaded guilty this week in New York to running get-rich-quick spam schemes - including a scam where one of the men claimed to have terminal throat cancer - targeting email users. 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. A federal court has awarded Symantec US$21 million in damages against an international network of counterfeit software distributors. 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. McAfee today acquired mobile encryption provider SafeBoot for US$350 million to boost its enterprise data security offerings.
A Florida woman, fearing she was about to be fired from her job, has been arrested for allegedly deleting seven year's worth of her employer's architectural data. Twenty-four men aged between 30 and 70 have been arrested nationwide for child pornography related offences just days after seven men were taken in for similar charges. A hard drive containing the personal information of three million driver's license applicants in Britain has gone missing from a facility in Iowa, British officials said Monday. Citrix announced today that it has reached an agreement to acquire XenSource, a Palo Alto, Calif.-based virtual infrastructure solutions provider. In less than nine months in 2007, a botnet-driven junk mail network earned US$7.5 million for its operators -- just one example of the polished, modern-day spam operation, a panel said Wednesday at the SC World Congress. A teenager has pleaded guilty to running a botnet of 1.3 million PCs from his home in New Zealand..