The U.S. Securities and Exchange Commission has charged 32 defendants with fraud in an international scheme that used stolen, yet-to-be-published press releases from hacked websites to conduct stock trades.
Ford drives into car-sharing... U.S. government ranked last on app security... Google intros free music streaming... and more tech news.
The U.S. Securities and Exchange Commission is concerned that data stolen from companies in cyberattacks is being used to conduct what effectively is insider trading, Reuters reported on Tuesday.
This may finally be the year that the U.S. Congress gives email and other documents stored in the cloud for several months the same privacy protections from police searches as newer files or paper records stored in a file cabinet, say backers of electronic privacy reform.
IT services company CSC will pay US$190 million to settle a case brought by the U.S. Securities and Exchange Commission over four-year-old charges that it violated U.S. antifraud, reporting, and books-and-records laws. The company did not admit guilt, but has promised not to violate those laws in future.