A Swiss court found former banker Rudolf Elmer guilty on Wednesday of breaching strict banking secrecy for publicizing private client data and of threatening an employee at his former firm Julius Baer.
IBT Staff Reporter
Jan 19, 2011
Two hackers have been arrested in connection with hacking into AT&T's database of email addresses connected with the Apple iPads.
IBT Staff Reporter
Jan 19, 2011
Latest cyber threat is creating an underground economy and a pool of new hackers.
IBT Staff Reporter
Jan 18, 2011
WikiLeaks will probably not release any sensitive information it obtains from Swiss bank renegade Rudolf Elmer, according to press reports citing WikiLeaks boss Julian Assange and others sources connected to Elmer.
Palash Ghosh
Jan 18, 2011
German precious metals refinery group Heraeus reports massive demand for bars and coins, even as ETF trust funds and Comex futures contracts saw considerable profit-taking driven liquidations by institutional traders.
IBT Staff Reporter
Jan 18, 2011
Again facebook privacy policy is in controversy for its openness.
IBT Staff Reporter
Jan 18, 2011
Rudolf Elmer, a former Swiss banker, has handed over two data discs containing sensitive details of the accounts of 2,000 prominent people to Julian Assange, the boss of Wikileaks.
Palash Ghosh
Jan 17, 2011
Pentagon is not completely opposed to social media, as seen by its latest announcement stating that the Department intends to fully utilize these communication tools.
IBT Staff Reporter
Jan 17, 2011
The offshore bank account details of 2,000 high net worth individuals and corporations - detailing massive potential tax evasion - will be handed over to the WikiLeaks organisation in London on Monday by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.
IBT Staff Reporter
Jan 16, 2011
China said that six-party talks were more suitable than the U.N. Security Council for solving the nuclear standoff on the Korean peninsula, a senior Chinese diplomat said on Friday, days before a summit with President Barack Obama.
Wenwen Meng
Jan 14, 2011
Android phones and other mobile devices are more vulnerable to hackers than Apple iPhones due to Google's open-source policy in apps development, according to the chief of a security firm.
Jijo Jacob
Jan 12, 2011
India's proposed food security bill will take at least a year to be finalised, delaying a key vote-winning policy for the ruling Congress party as crucial state elections loom, the Financial Express reported on Wednesday.
IBT Staff Reporter
Jan 12, 2011
Traders are talking about buying dips again, concurs a Hong Kong dealer, noting that Asia physical market remains very tight for Gold Bars. Reuters says the Hong Kong premium for wholesale Gold Bars over benchmark London prices today held at $3 per ounce, a near 30-month high.
IBT Staff Reporter
Jan 11, 2011
Lawmakers in the House of Representatives are displaying a symbolic show of unity and will hold meetings about security this week, with no votes on legislation expected in the wake of the Arizona shooting over the weekend which killed six people and critically injured Rep. Gabrielle Giffords, D-AZ.
IBT Staff Reporter
Jan 10, 2011
A security researcher says he has figured out a quick and inexpensive way to break a commonly used form of password protection for wireless networks using powerful computers that anybody can lease from Amazon.com Inc over the Web.
IBT Staff Reporter
Jan 07, 2011
The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.
IBT Staff Reporter
Jan 07, 2011
BlackBerry-maker Research In Motion wants 18-24 months to address security concerns raised by Indian agencies who have been demanding access to its corporate email services, two newspapers reported on Friday.
IBT Staff Reporter
Jan 07, 2011
A $1.5 billion dollar National Security Agency data center under construction in Utah will be an important step in dealing with rising volumes of information in cyberspace, officials said on Thursday.
IBT Staff Reporter
Jan 06, 2011
A scandal over suspected industrial espionage at Renault deepened on Thursday as the French carmaker warned company assets were at risk and France's industry minister called the matter serious.
IBT Staff Reporter
Jan 06, 2011
France is heavily involved in industrial espionage against its European neighbors, not China, Russia or the U.S., according to the diplomatic cables leaked by WikiLeaks.
Palash Ghosh
Jan 04, 2011
Gold and Silver Prices both fell as London traders returned to work from the New Year shutdown on Tuesday, dropping over 3 percent from yesterday's highs as world stock markets caught up with Wall Street's strong gains.
IBT Staff Reporter
Jan 04, 2011
Some versions of Microsoft Corp's Windows operating system are vulnerable to attack from hackers exploiting a flaw in the software that could allow them to remotely take control of a personal computer.
IBT Staff Reporter
Jan 04, 2011