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According to the risk consulting company Kroll, for the first time firms are losing more through electronic theft than the stealing of physical assets. Kroll reported that the financial service industry has the highest incidents of electronic theft and also revealed that fraud is most often an “inside job,” perpetrated by junior employees and senior Continue Reading →

A professor in Sweden had his laptop stolen, but the thief mailed him a USB drive with all of the data from his computer. The professor left his bag in the hallway of his apartment building for a few minutes when he went to check on his laundry. When he returned the bag was missing. Continue Reading →

A recent Wall Street Journal report revealed that many of Facebook’s most popular apps, like FarmVille, are leaking users’ personal information to third parties. Facebook has a very clear policy prohibiting developers from sharing user information, and warned developers that those who violate the policy would be suspended or disabled from the site. Read the Continue Reading →

Where does most of email spam originate? The United States. A new report from Sophos revealed that the U.S. is responsible for 19 percent of the world’s spam, which is twice as much as India who came in 2nd place. The report also notes the significant growth of spam on social networking sites like Facebook Continue Reading →

A new study from the U.N. identifies mobile phones as an important tool for improving the lives of the poorest people in developing countries. Mobile phones can play a role in creating new jobs for people with little education or resources. While mobile penetration is only 58 percent in developing countries, the subscription rate is Continue Reading →

Verizon will start selling the Apple iPad beginning October 28th. Right in time for the holiday shopping season, Verizon will carry three Wi-Fi models of the iPad. Analysts predict that over 20 million iPads will be sold by next year. Read the full story at reuters.com Continue Reading →

Facebook and The Gay & Lesbian Alliance Against Defamation (GLADD) are working together to curtail the amount of anti-gay bullying and hate speech on the Internet. The issue has gained more attention after the recent suicides of two teens who had been bullied online due to their sexuality. Facebook has a strict policy against hate-speech, Continue Reading →

Sirius XM had big losses over the past few years, but so far 2010 has been promising and profitable. So far this year, the company has added over 1 million subscribers and has generated $56 million in profit. However, Howard Stern’s 5-year contract is about to expire and a new deal hasn’t been reached. How Continue Reading →

The FCC is proposing a rule that would require mobile phone companies to alert customers if they are going to incur usage or extra charges. FCC Chairman, Julius Genachowski says the new rule would eliminate the “bill shock” that customers often experience. No surprise, mobile companies are less than thrilled with the proposal. Read the Continue Reading →

Apple’s stock hit an all-time high, breaking $300 on Wednesday. The stock price hit $301.96 per share, a 1.1 percent increase since September. Sales of the iPhone and iPad have been significant in increasing Apple’s profits, which are expected to top $18 billion for the first time this year. Read the full story at reuters.com Continue Reading →