SEC has failed to protect its data network against possible breaches

The U.S. Securities and Exchange Commission has failed to protect its data network against possible breaches, to encrypt highly sensitive information, or to use strong enough passwords, the Government Accountability Office said on Thursday. In addition to the cybersecurity failings, even the physical security in place to protect SEC data and equipment from being accessed ...

Mining the ocean

  The world’s first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) – when a wrangle over terms is solved. Beyond PNG, in international waters, regulation and royalty terms for mining the planet’s subsea wealth have also yet to ...

True costs for Heartbleed bug

Ever since news first broke on April 7 about the Heartbleed security vulnerability, IT professionals around the world have been struggling to contain its impact. The Heartbleed crisis will, no doubt, come with a high price tag when the final tally is taken for all the damage it has caused.   The Heartbleed flaw is ...

High risk processing for credit cards and ach

Precise Payment Solutions – Virtual Terminals for ACH and Credit Card Processing Precise Payments has a very secure and reliable multi-currency platform for credit card processing and automated check handling (ACH); available with market leading fraud minimization systems and premium support services for small or large businesses with or without processing experience. We deal with ...

Money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply

The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits. Amazon (AMZN.O) minimizes its tax bill by having the U.S. unit which owns its ...

Customers will have to update to Windows 8.1 update

In a bizarre and somewhat befuddling move, Microsoft announced yesterday on its Technet blog that it would no longer provide security updates to users running out-of-date versions of Windows 8.1. In order to receive updates, customers will have to have updated their machines with the most recent Windows 8.1 Update, which the company pushed out ...

Investment banks posted better-than-expected quarterly earnings

Investment banks Morgan Stanley and Goldman Sachs Group Inc posted better-than-expected quarterly earnings on Thursday, helped by gains in merger advisory and stock underwriting. The results underscored how businesses viewed as stodgy before the financial crisis are becoming critical drivers of earnings for investment banks now. Goldman’s investment management, stock underwriting and merger advisory businesses ...

developers can update their own phones to run Windows Phone 8.1

Microsoft today delivered on an important part of its universal Windows app strategy. The company announced that beginning April 14, developers can update their own phones to run Windows Phone 8.1, allowing them to leverage several of the new features that the company officially unveiled earlier this month at the Build conference in San Francisco. ...

Google Inc has acquired solar-powered drone maker Titan Aerospace

Google (Photo credit: warrantedarrest) Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world. Titan Chief Executive Vern Raburn declined to provide information on the price of the deal, which he said closed on Monday morning. The 20-person ...
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