Stories about: Wall Street

Two years ago, GreenBorder, one of the early "sandbox" browsers, received mighty applause from Wall Street Journal tech guru Walt Mossberg. The sandbox browser -- basically, a browser running in a virtual container -- promised to keep nasty code from spilling into a computer's operating system and wreaking havoc.

Web security is at the top of customers' minds after many well-publicized personal data breaches, but the people who actually build Web applications aren't paying much attention to security, experts say.

The call to Bob Bailey, an IT executive with a major US government contractor, came on an otherwise ordinary day in October 2003. "Why are you attacking us?" demanded the caller, an IT leader with a Silicon Valley manufacturer. He wanted to know why Bailey's company had launched a denial-of-service attack against his network

Virtualization introduces new potentials for flexibility and change over and beyond anything the world of network security has ever seen. Unfortunately for a host of large security vendors, most of the typical devices being used to protect physical data centers require a certain level of stability (or inflexibility) in order to promise proper protection.

I'm a CISO who has worked in the US financial services industry both as a regulator and for a large services company. In this column I'm going to let you in on one of the biggest, dirtiest secrets in the industry: The companies that get the least amount of scrutiny from financial regulators actually present some of the greatest risks for systemic financial market manipulation and fraud. I'm talking about financial news and brokerage service companies.

It was late August, and depending on whom you asked, MySpace was either a Web 2.0 prophet or the devil gone digital. While the business world was reading about the social networking site's US$900 million deal with Google, its expansion into Australia and its mention on Time's list of the 50 coolest websites, the security community was riveted by a different set of headlines. "Two teens arrested in MySpace hack," read one. "Three teens accused of sexually assaulting girl they met on MySpace.com," read another. A third: "Man accused of raping MySpace date."

It's always interesting to see the public response to a game-changing acquisition, namely EMC buying RSA Security. This deal changes the security landscape, so I need to come up with a new name for EMC. How about EMCecurity (pronounced E-M-See-curity)? I kind of like that.

EMC's planned acquisition of RSA Security for US$2.1 billion is garnering mixed reviews from analysts on Wall Street and within the technology industry.

Antivirus software maker Symantec may owe the Internal Revenue Service (IRS) as much as US$1 billion in back taxes and penalties, The Wall Street Journal reports.

What happens to a company when the unimaginable occurs? When an earthquake hits its primary contract manufacturer? When labour strikes shut down an entire port? When terrorists cripple a transportation system?

The 'paper trail' no longer consists of paper. More than 90 percent of all business documents are now created digitally, and computer forensic techniques allow recovery of evidence invisible to most computer users. So if you think your organization is prepared to face a lawsuit, you may want to think again