According to the FBI, fourteen individuals were arrested on July 19, 2011 based on charges related to their alleged involvement in a cyber attack on PayPal’s website (www.paypal.com) as part of an action claimed by the group Anonymous. In addition, two more defendants were arrested on other cyber-related charges. Read…
The FBI is in the beginning stages of its probe of News Corp. (NasdaqGS: NWSA) as investigators evaluate whether United States charges can be brought over claims employees hacked into a rival’s website and sought access to phone records of victims of the 9/11 attacks, a person who is familiar…
The Securities and Exchange Commission stated that publicly-traded companies should disclose the threat and potential impact of cyber attacks that pose a risk to their investors. The commission made its comments in a letter to Senator Jay Rockefeller, chairman of the Senate Commerce Committee, that was released on June 8,…
The threats from cyberspace grow more powerful and pernicious. Companies like Sony Corporation, Google Inc., and Lockheed Martin have admitted startling security lapses. The International Monetary Fund, last month suffered a breach leading to the loss of highly sensitive data. The United States Congress and executive branch agencies face approximately…
President Barack Obama is summoning top congressional Republicans and Democrats to a rare Sunday meeting at the White House to begin “hard bargaining” on a broad debt-reduction deal. At the July 10 session Obama will make his latest bid to break a partisan impasse over whether to include cuts in…
Will investors move out of their “safe haven” markets? In 2009, downgrades and debt auction failures in countries like the UK, Greece, Ireland and Spain were a stark reminder that unless advanced economies begin to put their fiscal houses in order, investors and rating agencies will likely turn from friends…
The White House will host a Twitter town hall with President Barack Obama on July 6. The president will answer questions submitted via Twitter, which limits messages to 140 characters. The town hall will focus on jobs and the economy, and a video feed of Obama’s answers will be streamed…
Google, Inc. has temporarily shut down a search engine feature that allows users to find real-time updates from Twitter, Facebook, FriendFeed and other social networking sites. See more on www.twitter.com/salaratrizadeh.
Hackers broke into Fox’s political Twitter account early Monday, posting updates saying President Barack Obama had been assassinated. A series of six tweets coming from the FoxNewsPolitics account reported that Obama had been shot to death in Iowa and the shooter was unknown. See more on www.twitter.com/salaratrizadeh
California legislators approved collection of an online sales tax among their revenue efforts as they passed the state budget on Wednesday. Sponsors estimate the tax could bring in $200 million a year by collecting taxes that consumers have been avoiding when they make online purchases. Federal law says states can…