SECURITY

Gold shot up above $1,500 an ounce on Wednesday for the first time ever as worries over the health of the global economy boosted the metal as a safe haven.

[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.

Gold prices rallied to a record high $1,497.20 an ounce on Monday after Standard & Poor's downgraded its credit outlook for the United States and as investors worried about debt in the euro zone and inflation in China.

Spot Gold jumped to a new all-time high of $1489 per ounce in Asian trade Monday, edging lower as the Dollar rose on the currency market and global equities began the Easter-shortened week with a 0.5% drop.

A recent study says IT professionals and executives are more concerned about cyber criminals than insider trading.

A computer hacker was sentenced to 24 months behind bars on Friday for launching a virus that infected approximately 100,000 computers worldwide and directed them to attack media outlets that carried stories about him, federal prosecutors said.

The Obama administration urged the private sector on Friday to develop methods that consumers can use instead of passwords to identify themselves online and, in some cases, in brick and mortar stores.

President Barack Obama continues pushing cyber security with the introduction of the National Strategy for Trusted Identities in Cyberspace (NSTIC).

Gold jumps to new record highs over $1480 US dollar per ounce on Friday as Asian demand is unstoppable. Silver is holding near its earlier 31-year high at $42.64.

TSA is getting criticized for patting down a six-year-old child in her sensitive areas.

Software giant Microsoft released 17 security bulletins, addressing 64 vulnerabilities in its biggest ever patch Tuesday update.

France's intelligence services have unearthed a case of suspected industrial espionage at an engine subsidiary of French aerospace and defense firm Safran, Le Monde newspaper said in its weekend edition.

The Department of Homeland Security will use Facebook, Twitter to send terror alerts to the public.

The Department of Homeland Security is changing up its update system and is bringing terror alerts to Facebook and Twitter.

Webroot, the internet security firm is bringing out two mobile security apps for both Android smartphones and tablets.

The year 2010 witnessed significant targeted attacks like Hydraq (a.k.a. Aurora) and Stuxnet. While Stuxnet is a very complex threat, not all malicious code requires this level of complexity to breach an isolated network, Symantec said. It has listed out 10 propagation mechanisms of the malicious code employed in a targeted cyber attack.

Epsilon, the world's largest permission-based email marketing Services Company that serves TiVo users and many more, reported a breach in its security Friday and the list of companies affected keeps on growing, Mashable reported today.

Potentially millions of customer names an email addresses of retailers and financial institutions have been compromised as attackers breached a high-profile online marketer.

The Gold Price rose early Monday in London, nearing last week's high of $1439 per ounce as energy prices led a surge in commodity prices and Silver Bullion jumped 1.9% to fresh 31-year highs.

Lizamoon is the name of an Internet-based scareware attack which plays on fears of computer viruses and trust in web security software. Its ultimate aim is to get a user provide credit card information.

A fast-spreading SQL injection attack that illegally peddles a bogus scareware has been breaking anti-virus barriers and compromising millions of websites, besides defrauding unsuspecting victims. The news of this attack was brought out by Websense Security Labs in its blog last week. Websense said its Threatseeker Network identified a new malicious mass-injection campaign which it named LizaMoon.