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Private, personally identifying information is everywhere, from portable computers and digital devices, to the Internet and private networks. This data can be obtained so easily -- either through technology or more mundane means -- and its theft is so often glamorized on film, that it is starting to...
"Get it in writing" is a quaint concept in the electronic information age -- especially in B2B e-commerce, where a more suitable direction may be: "get in it cXML." Every industry has major players moving back-office functions from sourcing and procurement to invoicing and payment to the Web. Suppli...
The growing popularity of Software as a Service is having a significant impact on data security and regulations compliance. Most companies are concerned -- and rightly so -- about the legal and security issues raised when company data is located outside their firewall. Software as a Service is incre...
eBay's PayPal unit will acquire the software firm Fraud Sciences for $170 million. The move could help boost confidence in the online payment industry and in the parent company's online auctions. Based in Tel Aviv, Israel, and founded by former members of Israel's intelligence agency, Fraud Sciences...
Online retailers today are facing what may seem to some as contradictory business challenges: delivering a superior online customer shopping experience and securing transaction information to protect customers and comply with regulatory mandates such as the Payment Card Industry Data Security Standa...
E-commerce has been part of the retail world for more than a decade, and today's consumers seem to assume that because of this longevity, their transactions are secure. Beyond this, the average online shoppers are convinced their credit card numbers and other sensitive information are out of reach ...
The bizarre and controversial case of a Missouri teenager who killed herself after being bullied through MySpace, allegedly by the parent of a peer, has reportedly shifted to California, where the social networking site is based. A federal grand jury in Los Angeles has issued a subpoena to MySpace, ...
A Michigan grand jury has indicted the man widely know as the "Spam King" and 10 others in connection with an alleged stock fraud scheme that used bulk e-mails to pump up the prices of stocks. The biggest name among those indicted is that of 52-year-old Alan Ralsky, who earned the nickname of "Spam ...
Strong growth in mobile advertising and a "major iPhone security incident" are among the predictions a wireless consulting firm is making for 2008. Google and the upcoming FCC auction of wireless spectrum will also alter the mobile landscape in 2008, predicts inCode. The firm has been making annual ...
Facebook has named three individuals and a Canadian porn company as defendants in a federal lawsuit it filed earlier this year in the Northern District of California, which accused unnamed people and companies of unlawfully accessing its servers. After two Canadian Internet service providers provide...
Despite being given a deadline of Sept. 30, 2007, to comply with the Payment Card Industry Data Security Standard, many Level 1 merchants -- those that process more than 6 million transactions per year -- still do not meet the necessary requirements. In fact, Visa reports that as much as 40 percent ...
The price tag on the largest database breach on record moved higher Friday with TJX agreeing to pay nearly $41 million to settle with credit card companies and banks that were forced to issue new cards to customers of the retailer to prevent or recover fraudulent charges. TJX said it would pay $40.9
The Software as a Service concept is rapidly spreading to touch almost every functional area in the IT stack. The latest example is security vendor Webroot's acquisition of Email Systems, a SaaS security provider. Primarily focused on consumer and SMB markets prior to this merger, Webroot's newly ac...
Companies that fail to prevent data breaches will pay higher costs to repair the damage in 2008, according to a recent report. Data breach incidents will also cost these companies additional revenue from lost business opportunities and reduced customer retention. Data breaches cost companies $197 pe...
It is becoming increasingly unsafe to buy or otherwise conduct business online, according to the ninth annual CyberSource survey on e-commerce fraud. Fraudsters will divert approximately $3.6 billion from U.S. e-commerce in 2007, a 20 percent increase over 2006, based on survey results. Merchants ar...
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