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Suspected Insider Charged with Stealing Company Secrets
Published on 5 Jul, 2011 at 11:24 in Cyber | Viewed 115 times | No Comments
A senior software engineer who worked at the Chicago-based CME Group was arrested last week after being charged with stealing company secrets, according to FBI’s Chicago division.
Chunlai Yang, who has been employed at the CME since 2000, was taken into custody last Friday and charged with one count of Theft of Trade Secrets. According to the complaint, CME security personnel began monitoring Yang’s computer…
Hackers Hijack Fox Twitter; Tweet Obama Assassinated
Published on 5 Jul, 2011 at 10:51 in Cyber | Viewed 24 times | No Comments
While most of America was busy celebrating Independence Day, hackers hijacked Fox News’ Twitter account and posted messages that President Barack Obama had been killed in Iowa while campaigning, according to media reports.
“@BarackObama has just passed. The President is dead. A sad 4th of July, indeed. President Barack Obama is dead,” the hoaxers tweeted, according to Chicago Sun Times. “We wish @joebiden the best of luck as our…
Veterans Affairs Awards Multibillion-dollar Contracts to Transform IT
Published on 5 Jul, 2011 at 10:35 in Cyber | Viewed 119 times | No Comments
Fourteen major contracts to overhaul IT in the Department of Veterans Affairs have been awarded for an estimated program ceiling of $12 billion.
The Transformation Twenty-One Total Technology program, known as T4, consists…
California Department of Public Health Suffers Second Breach Since 2010
In the wake of its second data breach since September 2010, the California Department of Public Health reportedly took 80 days to report its most recent breach — a day longer compared to the 2010 incident.
According to Healthdatamanagement.com, it is unclear whether either incident falls under the federal Breach Notification Rule, but the first breach is not listed on the federal government’s…
Cisco: Cyber Crime Not as Profitable Anymore
Cyber crime is not the cash cow it once was, according to Cisco Systems (NASDAQ: CSCO) whose recent research examined the cyber underground.
Speaking yesterday at a press event at in San Bruno, Calif., security researcher Pat Peterson said last year saw a turning point in the fight against mass scams and criminal profits from these illicit activities are expected to continue dropping, according to Computerworld….
Germans Increasingly Fear Cyber Threat
Germans are increasingly afraid of falling prey to cyber criminals, with 85 percent fearing hackers will steal their credit card data or get online access to their bank accounts, Reuters reports.
A survey by German tech industry association Bitkom said the number of…
