Software analyst breaches Internet bank security

Consumer confidence is again tested as another security breach comes to light. A 28-year-old software analyst claims that bank details of more than 200 million account holders were freely accessible from the Internet. Ralph Dressel claimed he came across the information via the Fiserv Web site. ...more

Lawsuits loaded for memory chip price fixing

Thirty-four US states are primed to file lawsuits against seven companies alleging a conspiracy to fix the price of memory chips, in violation of antitrust laws. Attorney General Bill Lockyer will file the complaint in California later today, claiming that between 1998 and 2002 Infineon, Hynix Semiconductor, Micron Technology, Mosel Vitelic, Nanya Technology, Elpida Memory and NEC Electronics and their subsidiaries fixed DRAM chip prices, artificially restrained supply, allocated the production of DRAM chips and markets for the chips among themselves and rigged bids for DRAM chip contracts. The lawsuit will cite reports that have calculated that the US market was overcharged hundreds of millions of dollars. ...more

Hacks in the city

Pringles hacking session in London finds unsecured wireless networks aplenty On a sunny morning in central London a minibus packed with journalists and security experts set off for a tour of the financial heart of the city. The aim - to find out whether IT managers have bothered to implement even the basics of security on their wireless networks. The 'hackers' were armed with only the most rudimentary tools - a Pentium II laptop (?400), some free software, a wireless network card (?69) and a directional antenna (made from an empty Pringles carton, worth less than ?1. ...more

Reports of Vonage death 'greatly exaggerated' says CEO

Vonage's current patent spat with Verizon will not be the death of the company, its chief executive has sought to reassure worried customers. The IP telephony provider has more than 2.2 million active accounts and is concerned that what it terms as a 'disproportionately-negative' reaction from the market following recent courtroom activity may harm user confidence. ...more

French National Library head rails against Google

The President of the National Library of France is a worried man. Jean-Christmas Jeanneney,the President of the National Library of France (BNF), recently wrote an article in Le Monde alerting France and Europe to the dangers of the Google Print project. Jeanneney says that by concentrating on making overwhelmingly English-language books available through the Google Print project, the Internet's culture would be skewed towards an Anglo-Saxon cultural view of the world. ...more