Feds bust $55 million international telephony hacking ring

UK E-Crime unit busts online iTunes, Amazon music scam; UK E-Crime unit busts online iTunes, Amazon music scam Security Alert NetworkWorld.com | Update Your Profile Sponsored by Symantec Corporation Don't let security impact performance. A recent analyst evaluation found Symantec Endpoint Protection delivers the best security performance and clearly sets it apart from all other vendors. Upgrade your security performance by switching to Symantec Endpoint Protection and get up to 45% trade-in discount. Spotlight Story Feds bust $55 million international telephony hacking ring The losses in this case, which exceeded $55 million in the US alone and impacted more than 2,500 companies across the globeThe US Department of Justice today said it helped crack a ring of fraudsters who allegedly hacked into the telephone systems of large corporations and entities in the United States and abroad and sold information about the compromised telephone systems to Pakistani nationals residing in Italy. Read full story Related News: $50M in hand, Feds go looking for bleeding edge data center technology The electricity consumed in data centers and telecom systems is three percent of the US system.Alarmed by the amount of electricity data centers across the country are swallowing up, the government is offering up millions in research and development money to radically advance the energy efficiency of servers and telecommuni UK E-Crime unit busts online iTunes, Amazon music scam An international fraud ring, in which a gang allegedly made thousands of pounds downloading its own records from iTunes and Amazon with stolen credit cards has been cracked by the Metropolitan e-Crime Unit and the FBI, the Met claimed. Darwin Awards for Disaster Recovery Many of you may already be familiar with the general Darwin Awards, where "The Darwin Awards salute the improvement of the human genome by honoring those who accidentally remove themselves from it..." In this fine tradition, Webtorials now has the "Darwin Awards for Disaster Recovery" by Gary Audin, Delphi. Open Government Could Lead to Data Leaks The Obama administration's goal of making government data more open and accessible is elevating the need for standardized data classification and information management approaches across federal agencies, security experts say. June Giveaways Cisco Subnet and Microsoft Subnet are giving away training from Global Knowledge to two lucky readers and 15 copies each of books on IPv6 security, the Cisco Secure Firewall Services Module, and Active Directory Domain Services 2008. Deadline for entries June 30. Network World on Twitter? You bet we are Windows 7 + Windows Server 2008 We found 5 things to love and 5 things to hate about Microsoft's latest operating system versions. Open-source management Here are nine management apps that won't break the bank. How to Get Ahead of Web App Security Threats If you rely on Web applications to support any part of your business, it's time to take control of your application security. Download this whitepaper today and discover how to examine your existing security practices and get the recommendations you need to protect your enterprise from a breach. Read Now   June 16, 2009 TOP STORIES | MOST DUGG STORIES China dominates NSA-backed coding contest Google unveils plug-in to marry Outlook, Gmail Symantec, McAfee to pay fines over auto-renewals Nortel customers upbeat but anxious Saving Unix one kernel at a time Quiz: Are you a network know it all? Dell bundling open source applications for SMBs Cisco and Duke Energy work to build smart grid 2009 top urban legends in IT security FBI warns of Asian-specific telephone extortion scam Is Your Company Prepared for the Unexpected? In this live webcast, June, 25, 2009, you'll hear how to prepare the network now to seamlessly continue business operations during a major crisis, as well as a case study of an organization that has implemented a business continuity network plan. Register now. Compare products, get advice, and check out tests and reviews from the experts at Network World. Over 70 categories. Visit now   This email was sent to security.world@gmail.com Complimentary Subscriptions Available for newsletter subscribers. Receive 50 issues of Network World Magazines, in print or electronic format, free of charge. Apply here. Terms of Service/Privacy   Subscription Services Update your profile To subscribe or unsubscribe to any Network World newsletter, change your e-mail address or contact us, click here. Unsubscribe Network World, Inc., 492 Old Connecticut Path, Framingham, MA 01701 Copyright Network World, Inc., 2009 www.networkworld.com