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Epson Korea Co., Ltd. said on Saturday that hackers had accessed the personal data of approximately 350,000 customers last week in a series of cyber attacks. A company Spokesperson told SecurityWeek that the compromised information was stored on a Web server and contained names, IDs, passwords, and resident registration numbers of people registered with a Korean language site.

Verizon today announced that the approximately 45,000 wireline employees represented by the CWA and IBEW that have ben on strike, will return to work beginning Monday night, August 22nd, without new collective bargaining agreements.

Along with HP’s announcement that it would acquire enterprise software firm Autonomy for approximately $10 billion in cash, the company made several other announcements, including news that it had appointed a new Head of Enterprise Services.

When you Outsource, You are Entrusting Someone Else to Worry about SecurityChances are that if you are using cloud computing, you are buying a service from someone else. Yes, sometimes organizations build their own private cloud, but let’s view the fundamental purpose of cloud computing as for an organization to outsource some function offered “in the cloud”. Is cloud computing fundamentally different than outsourcing? Yes and no. Is cloud computing anything really new? Yes and no.

Malware Distributors Increasingly Using IP Cloaking to Avoid DetectionGoogle has released a new threat report highlighting how a mix of social engineering, IP cloaking and other techniques are keeping attackers on step ahead of some of the most popular security mechanisms on the Web.

Researchers Propose Method to Make Use of Encrypted Data in the Cloud While Never Exposing ItMicrosoft Researchers have proposed a method for Cloud services to operate on sensitive data without exposing it. The idea is to produce encrypted data that can be analyzed. The actual data remains in the control of the owner.

Credit Card Purchase at McDonald's Helped FBI Connect Culprit to Cyber Attack OriginA disgruntled ex-IT administrator pleaded guilty this week to taking down most of his former employer’s computer infrastructure earlier this year.

New "Blacklist" Reports Help Organizations Proactively Block Malicious Traffic from Trojans and Phishing Sites

Centrify Corporation, a provider of Active Directory-focused security and compliance solutions, today announced that it has raised $16 million in a Series D round of financing. The funding announced today brings the total funding raised to date to $52 million.

Red Hat today announced the Beta release of Red Hat Enterprise Virtualization 3.0, the next-generation version of the company’s end-to-end server virtualization and desktop virtualization solutions.

Are You Doing What You Should to Effectively Manage Risk? How Much Security is Enough?

Apple’s online store, “store.apple.com” appears to be down this morning for users across the world, indicating that Apple is suffering from some technical difficulties. Typically, if the Apple store is performing an update or preparing to launch new products, users would be greeted with a message letting them know—today users just can’t reach the site at all.

New Community Ranks Hackers, Tracks Hacks and PointsSometimes hacking is about money; other times, it’s about competition, and when that happens, it is also about getting a little credit.

Company Cites Go-To-Market Challenges and Weakness in U.S. Federal Vertical for Revenue Decline

Amazon Web Services today announced “AWS GovCloud”, a new AWS Region designed specifically to help U.S. government agencies and contractors move IT applications and systems into the cloud by addressing specific regulatory and compliance requirements.