Texas firm countersues bank in connection with $800,000 cyber theft A Texas manufacturing firm has filed a lawsuit against a bank seeking the return of $200,000 stolen from its online bank account.
| Poughkeepsie, N.Y., slams bank for $378,000 online theft The theft of $378,000 from the town of Poughkeepsie, N.Y., is raising questions about the responsibility of banks to protect customer accounts from online criminals.
| Bank sues victim of $800,000 cybertheft A Texas bank is suing a customer hit by an $800,000 cybertheft in a case that could test the extent to which customers should be held responsible for protecting their online accounts from security compromises.
| Update: Heartland breach shows why compliance is not enough Nearly a year after Heartland Payment Systems disclosed what turned out to be the largest breach involving payment card data, the incident remains a potent example of how compliance with industry standards is no guarantee of security.
| Hackers are defeating tough authentication, Gartner warns Security measures such as one-time passwords and phone-based user authentication, considered among the most robust forms of security, are no longer enough to protect online banking transactions against fraud, a new report from research firm Gartner Inc. warns.
| Obama warns against turning away the 'best and the brightest' At the White House Jobs Summit yesterday, President Barack Obama said it's important for the U.S. to to encourage talented foreigners to attend U.S. universities and to stay afterward to create new businesses.
| More Financial News View more Financial news and analysis from Computerworld.com
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Federal Aviation Administration Selects Partners For Nationwide AED Program The Federal Aviation Administration (FAA) has announced its selection of Emergency University and HeartSine Technologies to provide nationwide Automated External Defibrillators (AEDs) and program management for ERT members. [Wired by: PressReleaseNetwork.com]
| 90 per cent of global mobile users have purchased goods or services with their mobile phone The results of BuzzCity's fifth global survey investigating consumer mobile behaviour, are released today and focus on the global mobile payments market. The survey questioned 1,798 mobile users across the Americas, Asia, Africa, Western Europe and the Middle East on their use of the mobile as both a banking and payments device and found that 90 per cent had used their mobile to directly purchase products or services. [Wired by: PressReleaseNetwork.com]
| Identifying How to Invest in Your Data Centre to Improve Efficiency and Plan for Carbon Reduction Commitment Deciding how to invest in your data centre infrastructure to produce the highest return on investment, increase the ability of the facility to respond to IT growth demands and reduce carbon footprint, can be made a lot easier using free resources available from APC by Schneider Electric's website. [Wired by: PressReleaseNetwork.com]
| GrowthGate Acquires Part of Leading Iris Biometric Company 'IrisGuard Inc.' GrowthGate, the GCC-based specialist buyout firm, announced that it has reached a final agreement to acquire 30% of IrisGuard, a world leader in iris recognition technologies (IRT). The company offers IRT solutions to national security organizations, law enforcement agencies, polling, electoral processors, and banking institutions around the world. In 2009, IrisGuard was presented with the prestigious Frost & Sullivan Award warranted by the company's focus on R&D, design and manufacture of exceptional IRT products. Strong technological and product innovation have successfully positioned IrisGuard as a leading specialist in IRT solutions worldwide. The company manufactures the world's most accurate iris recognition camera systems, the IrisGuard IG-H100® and IG-AD100®, in addition to a portfolio of 4 additional iris imagers under development. IrisGuard launched the world's first, most searched, and largest iris recognition solution for Homeland Security in the UAE in 2001. The UAE currently deploys over 250 iris imagers in every Land, Sea and Air Ports-of-Entry in the country. IrisGuard also made history in 2008, becoming the first to deploy real-time card-free (no Pin or Card) iris recognition solutions for banks via ATMs. [Wired by: PressReleaseNetwork.com]
| Go-Green.ae Launches Campaign to Promote Earth Hour Go-Green.ae has launched an online campaign to promote the Earth Hour, from 8.30-9.30pm local time on Saturday, 27 March 2010. As part of the campaign all people across the planet are welcome to join the call for action in support of the climate change initiative. [Wired by: PressReleaseNetwork.com]
| 42 Million date palms planted in UAE to change the color of the desert landscape Under the leadership of H.H. The President Sheikh Khalifa Bin Zayed Al Nahayan, there are continual efforts to increase UAE date palm productivity in order to make better use of the date palm industry and to produce an agricultural leap that will change the face of the UAE desert. Indeed, the Fourth International Date Palm Conference illustrates the special attention and priority given by His Highness to this important economic sector. The present conference is the fourth one in a series of international conferences organized by UAE during the last 11 years (March 08 -10, 1998, March 25 - 27, 2001, and 19 - 21 February 2006). Date palm scientists, experts, and senior officials from around the world will be able to exchange their know-how and experiences. The Honorable Ministers of Agriculture of the GCC member states will be invited to attend the conference in order to disseminate the up-to-date knowledge and recommendations at the official level. [Wired by: PressReleaseNetwork.com]
| CDMA Development Group Appoints Philip Chukwueke as Regional Director of Africa The CDMA Development Group (CDG) today announced that Philip Chukwueke has been appointed as Director of the industry association's Africa office. In this role, he will lead various initiatives for the CDMA2000(R) industry in the region, where CDMA is experiencing rapid growth enabled by 3G voice and mobile broadband services. [Wired by: PressReleaseNetwork.com]
| Bollywood to Hollywood Talent Contest Hot Chaat (www.hotchaat.com), the premier online American TV show for Bollywood and Hollywood gossip, movie reviews, actor interviews, and fashion, is accepting contestants for its Bollywood to Hollywood Talent Search contest. [Wired by: PressReleaseNetwork.com]
| Ekotribe Launches Solar Bags in the Middle East A revolutionary product which has powerful solar panels embedded in each bag, is now available in the UAE. The panels use high efficiency mono-crystalline cells to charge practically any hand held device. The Backpack, Converter and Messenger produce 4 Watts, meaning 1 hour in the sun will power 3 hours of iPod play time or 1.5 hours of cell phone talk time. [Wired by: PressReleaseNetwork.com]
| Google awards women engineers Google India today announced the winners of the third 'Google India Women in Engineering Award' in a ceremony at its Hyderabad office. The award recognizes women students in Computer Science and its related majors and aims to inspire them to become active participants and leaders in creating technology. This year, applications were invited from women engineering students across under-graduate, post-graduate and doctoral programs across 80 colleges in the country, which includes IITs and BITS Pilani etc. [Wired by: PressReleaseNetwork.com]
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The Internet is nominated for Nobel Peace Prize The Italian edition of Wired magazine has nominated the Internet to be a contender for the 2010 Nobel Peace Prize.
| EU Parliament rejects secretive ACTA in vote for openness The EU Parliament has voted 663 to 13 against the Anti-Counterfeiting Trade Agreement, arguing that it contradicts agreed EU laws on counterfeiting and piracy online.
| Google still tops, but Bing inches ahead in search market Microsoft's Bing search engine continues to gain ground slowly, but it remains far behind Google, which has maintained its 70%-plus share of the market in recent months.
| Only 21% of Twitter members are active, report says A study by Barracuda Networks found that most Twitter members are still inactive members, though the analysis does find some increased activity at the microblogging service.
| Worldwide poll: 4 of 5 call Internet access a basic human right A study by BBC World service found that four-fifths of adults around the world believe that Internet access is a fundamental human right.
| Update: U.S. lifts Iran, Sudan, Cuba Internet services export ban The U.S. Department of the Treasury has loosened controls on the export of Internet-based communication services to Iran, Sudan and Cuba, in an effort to spread free-speech freedoms to those countries, the agency said Monday.
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