**Top News**
Sandia backhacker wins wrongful discharge lawsuit
Fired federal security worker wins vindication by pitting agency against agency- http://www.itcinstitute.com/info.aspx?id=35627
US cyber defenders engaged in "Cold War" with China
Chinese hackers attack anything and everything like digital mad dogs - http://www.itcinstitute.com/info.aspx?id=35628
Majority of Web sites remain dangerously exposed
Average site has 66 security vulnerabilities - http://www.itcinstitute.com/info.aspx?id=35629
SEC fines Dow for noncompliance with Foreign Corrupt Practices Act
Financial controls failed to stop bribes to officials in India - http://www.itcinstitute.com/info.aspx?id=35630
**Regulation Watch**
UK clamps down on black market in personal data
Pretexters now face up to two years in prison - http://www.itcinstitute.com/info.aspx?id=35632
EU directive limits copyright exemptions for schools, hospitals
On-demand, streaming media no longer excused, directive says - http://www.itcinstitute.com/info.aspx?id=35633
Copyright protection extended to business e-mail
Forwarding an e-mail without consent could infringe copyright - http://www.itcinstitute.com/info.aspx?id=35634
Implementation of Canadian version of SOX suffers further delays
Required testing of financial controls is delayed six months - http://www.itcinstitute.com/info.aspx?id=35635
**New Research**
Restatement rate continued to climb in 2006
While larger firms enjoyed a decrease, smaller ones saw a rise in financial restatements - http://www.itcinstitute.com/info.aspx?id=35636
FBI continues to lose laptops, but at a slower rate
Most appear to have been encrypted - http://www.itcinstitute.com/info.aspx?id=35637
Data centers power consumption doubles in five years
Proliferation of inexpensive servers led to spike in power consumption - http://www.itcinstitute.com/info.aspx?id=35638
Outsourcing market set to explode, study finds
89 percent of respondents plan on increasing outsourcing - http://www.itcinstitute.com/info.aspx?id=35639
**ProsecutionWATCH**
Morgan Stanley security consultant admits to stealing trade secrets
He hoped to exploit client list for his own purposes - http://www.itcinstitute.com/info.aspx?id=35640
UK financial regulators fine company nearly 1MM pounds for losing laptop
Fine reduced 30 percent when the violators cooperated - http://www.itcinstitute.com/info.aspx?id=35641
China arrests six in massive virus infection
More than a million PCs were infected by password-stealing malware - http://www.itcinstitute.com/info.aspx?id=35642
Insider admits to stealing $400 million of research in DuPont data breach
Researcher loaded up before moving to another job, and now faces prison - http://www.itcinstitute.com/info.aspx?id=35643