Hackers who steal data or manipulate large number of computers may be jailed for up to seven years, according to a proposed amendment to the Chinese Criminal Law. The penalties will also be applicable to those who offer software or tools for hacking

Top ID Theft Risks of 2009 - Bank Info Security
The Identity Theft Resource Center in San Diego has made some dire predictions for businesses and consumers to ponder for next year. Here’s a list of some of the things that ITRC sees as causing the most problems in the identity theft arena. Some are

‘Why we failed’ - Microsoft admits IE bug mistakes - PC Advisor
In an insider’s description on Microsoft’s Security Development Lifecycle blog, Michael Howard, a principal security program manager at the company, offered a postmortem analysis of the IE vulnerability and Microsoft’s code-writing and reviewing

IPhone 3G successfully unlocked by hackers - Infoworld
Five months after the release of the iPhone 3G last July, a team of hackers has finally figured out a way to alter the device’s software so that it can be unlocked for use on networks other than AT&T’s . That team is, of course, the infamous iPhone

Hackers crack open Sony s PlayStation Home - Thetech Herald
Already suffering through complaints of user boredom, disappointing content and outdated presentation, the PlayStation 3 s much-delayed virtual world Home has now fallen into the cross hairs of the online hacker community. Hackers pry open Sony\’s

Microsoft warns of critical bug in SQL Server - Pakistan News Service
Microsoft Corp. today warned customers that attack code has been released targeting a critical vulnerability in older versions of its widely-used SQL Server database software, and it urged users to apply a temporary work-around. The bug was first

Hackers Complete iPhone 3G Unlock - Softpedia
The iPhone Dev Team, best known for its PwnageTool and QuickPwn hack software, has confirmed the completion of the iPhone 3G unlock. Those interested in jailbreaking their devices are advised not to upgrade to OS 2.2 using iTunes alone. Over the

Lawsuit Against MIT Students Settled - Redorbit.com
Three MIT students who hacked into the Boston subway system are no longer the subject of a lawsuit from the Massachusetts Bay Transit Authority. In fact, the students have agreed to collaborate with transit authority officials to help them tighten

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