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Phone hacking is biggest security concern surrounding mobile wallet, study says

October 17, 2011 - Consumer security concerns surrounding the 'mobile wallet' are dominated by phone hacking, a new survey has revealed. A study by Intersperience showed that 17 per cent of consumers want to use their phone as a 'wallet'- nearly half of the participants in the research said that the lack of security software was their chief concern. Almost a quarter of respondents said they fear that their mobile device is more likely to be stolen than their wallet.

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GAO: Opportunities Exist to Improve Role in Information Technology Management

October 17, 2011 - The federal government invests billions in information technology (IT) each year to help agencies accomplish their missions. Federal law, particularly the Clinger-Cohen Act of 1996, has defined the role of Chief Information Officer (CIO) as the focal point for IT management within agencies.

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U.S. SEC issues guidance on cyber security disclosures

October 14, 2011 - A rash of cyber security breaches at U.S. public companies and an outcry from federal lawmakers has prompted U.S. securities regulators to issue guidance for when companies must disclose cyber attacks to investors.

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Over 100 indicted in huge New York ID theft ring takedown

October 10, 2011 - New York authorities have indicted 111 people - including bank tellers - accused of participating in an identity theft scam that saw counterfeit credit cards used to steal more than $13 million.

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GAO: Additional Guidance Needed to Address Cloud Computing Concerns

October 6, 2011 - Cloud computing has both positive and negative information security implications for federal agencies. Potential information security benefits include the use of automation to expedite the implementation of secure configurations on devices; reduced need to carry data on removable media because of broad network access; and low-cost disaster recovery and data storage.

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U.S. Republicans urge incentives for cybersecurity

October 6, 2011 - A Republican task force in the U.S. House of Representatives said Congress should give companies incentives to boost their cyber defenses, but that tougher regulation may be warranted to protect critical facilities like power and water plants. Recommendations in the report, which was released on Wednesday, can "reasonably be acted upon during this Congress," which ends in January 2013, said the task force of 12 Republicans headed by Representative Mac Thornberry.

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