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Category: news | Posted by Avatar Staff 275 days ago
Via: http://lists.jammed.com | Tags: isn wheat trader mf global loses million unauthorized trading comments Discuss  
http://www.iht.com/articles/2008/02/29/business/29trader.phpBy Michael M. GrynbaumInternational Herald Tribune February 29, 2008For nearly two decades Evan Dooley quietly made a living trading commodities like wheat in his home state, Tennessee, far from the hurly-burly of Wall Street.But on Thursday, Dooley, 40, became the talk of the financial markets when MF Global, the giant commodities brokerage, accused him of making unauthorized trades that led to $141.5 million in losses for the firm. Dooley, the f read more »
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Category: news | Posted by Avatar Staff 258 days ago
Via: http://www.infoworld.com | Tags: valueclick pay million settle spam complaint comments Discuss  
Online advertiser ValueClick has agreed to pay a record $2.9 million to settle a U.S. Federal Trade Commission complaint that it sent deceptive advertising claims in spam e-mail and failed to secure consumers' sensitive financial information. read more »
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Category: news | Posted by Avatar Staff 258 days ago
Via: http://go.theregister.com | Tags: supermarket loses million credit card details comments Discuss  
Supermarket identity sweepA New England-based supermarket chain has warned of an information security breach that exposed an estimated 4.2 million credit card records.… read more »
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Category: news | Posted by Avatar Staff 249 days ago
Via: http://www.infoworld.com | Tags: man sentenced theft drive million bank records comments Discuss  
A former programmer at Birmingham, Ala.-based Compass Bank who stole a hard drive containing one million customer records and used some of that information to commit debit-card fraud was sentenced last week to 42 months in prison by an Alabama District Court judge. read more »
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Category: blogs | Posted by Avatar Staff 242 days ago
Via: http://blog.washingtonpost.com | Tags: million records spilled data breaches year comments Discuss  
At least 8.3 million personal and financial records of consumers were potentially compromised by data spills or breaches at businesses, universities and government agencies in the first quarter of 2008, according to statistics released today. The San Diego based Identity Theft Resource Center said it tracked public reports of 167 data breaches in the first three months of this year. The center recorded 448 data breaches total in 2007. A detailed breakdown of the incidents...Please click on the title to con read more »
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Category: blogs | Posted by Avatar Staff 241 days ago
Via: http://blog.washingtonpost.com | Tags: consumers report million lost cyber fraud comments Discuss  
U.S. consumers reported losing more than $239 million from online fraud last year, up from $198 million in 2006, according to data released today by the FBI. Internet auction fraud (35.7 percent) and merchandise non-delivery (24.9 percent) were the most frequently reported types of cyber fraud. The median loss amount per fraud incident last year was approximately $680, the report said. The most costly scams involved investment fraud, which cost consumers about $3,500 per incident...Please click on the titl read more »
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Category: news | Posted by Avatar Staff 241 days ago
Via: http://lists.jammed.com | Tags: isn random search stops million trade secrets bound china comments Discuss  
http://www.informationweek.com/news/security/attacks/showArticle.jhtml?articleID=207001607By Thomas ClaburnInformationWeekApril 3, 2008A former software engineer for a telecommunications company based near Chicago was indicted for allegedly stealing trade secrets worth an estimated $600 million and trying to take the documents to China.The FBI said Wednesday that Hanjuan Jin of Schaumburg, Ill., a naturalized U.S. citizen who was born in China, was stopped at Chicago's O'Hare International Airport on Feb. read more »
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Category: news | Posted by Avatar Staff 238 days ago
Via: http://www.infoworld.com | Tags: microsoft pay alcatellucent million comments Discuss  
A jury in San Diego ordered Microsoft to pay Alcatel-Lucent $367.4 million for infringing on two patents, adding a new chapter to a long-running dispute between the companies. read more »
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Category: news | Posted by Avatar Staff 206 days ago
Via: http://www.infoworld.com | Tags: judge slaps torrentspy million damages comments Discuss  
A U.S. judge has ruled on a nearly $111 million copyright-infringement decision against TorrentSpy.com, the BitTorrent peer-to-peer search site. read more »
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Category: news | Posted by Avatar Staff 206 days ago
Via: http://www.infoworld.com | Tags: hollywood million pirate bay comments Discuss  
Hollywood wants SEK93 million ($15.4 million) in damages for copyright infringement from the people behind The Pirate Bay, according to a claim filed by industry organization the Motion Picture Association Wednesday read more »
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Category: news | Posted by Avatar Staff 200 days ago
Via: http://www.infoworld.com | Tags: spammers handed record million fine comments Discuss  
The U.S. CAN-SPAM law  has chewed another alleged spam outfit, this time handing out a world record fine of $234 million (£116 million) to two individuals. read more »
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