Top NEWS Updates
Tuesday, January 30th, 2007
IT Compliance News
· TJX breach involved data forbidden by the PCI DSS
Breach occurred seven months prior to discovery - http://www.itcinstitute.com/info.aspx?id=34941
· Law firm settles Enron malpractice case out of court
Firm pays $18.5MM before case even reaches court - http://www.itcinstitute.com/info.aspx?id=34942
· "Storm" Trojan mounts worst malware threat in 20 months
More than 1.6 million infections reported in only five days - http://www.itcinstitute.com/info.aspx?id=34943
ProsecutionWATCH
· Enron key witness enters prison
Former Enron IR exec Koenig helped put away Lay and Skilling - http://www.itcinstitute.com/info.aspx?id=34952
· Shareholder suit based on media stories rather than corporate disclosures
Incident may be the first of its kind - http://www.itcinstitute.com/info.aspx?id=34953
· Arbitrators uphold Gemstar-TV Guide conviction
Former CEO Yuen forks over $93MM as his wrongful termination claim is denied - http://www.itcinstitute.com/info.aspx?id=34954
· SEC moves against pump-and-dump hacker
Russian-born US citizen manipulated stock using hijacked trading accounts - http://www.itcinstitute.com/info.aspx?id=34955
New Research
· Mobile hacking on the rise
Volume of mobile malware is doubling every six months - http://www.itcinstitute.com/info.aspx?id=34950
· Telecommuting might be a career-ending move, survey finds
Face-time with the boss outweighs convenience for many - http://www.itcinstitute.com/info.aspx?id=34948
Regulation Watch
· PCAOB issues guidance for auditors looking for fraud
Report reminds auditors of their responsibilities - http://www.itcinstitute.com/info.aspx?id=34944
· UK regulators find US certification firm guilty of discrimination
First US company with no presence in the UK held liable under UK's Disability Discrimination Act - http://www.itcinstitute.com/info.aspx?id=34946
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