News

• Microsoft settles employee spying case

  Microsoft has settled a lawsuit with a former employee that it once charged with fraud, misappropriation of trade secrets and breach of contract.

• Insider theft at New York Police Dept. impacts 80,000 cops

  The New York Police Department (NYPD) is telling thousands of police officers that their personal information may be compromised due to a suspected data theft done by an insider in the police pension fund, according to reports in New York's daily newspapers Thursday.

• Survey: 59 percent of fired workers steal data on way out

  A survey of 945 individuals who were laid off, fired or quit their jobs in the past 12 months shows that 59 percent admitted to stealing company data and 67 percent used their former company's confidential information to leverage a new job.

• Likely insider hack taunts company executives

  At the same time the Radio Advertising Bureau (RAB) was making a 10% employee layoff Thursday, the association's CEO e-mail was hacked and a hoax lay-off memo sent out that disparaged the organization as sexist and filled with overpaid "good 'ol boys."

• IT admin used inside knowledge to hack and steal

  A former San Jose, California, network administrator is facing 12 years in prison after pleading guilty to hacking, ID theft, burglary and drug charges.

• Laid off sysadmin arrested for threatening company's servers

  A systems administrator was arrested in New Jersey Monday for allegedly trying to extort money and even good job references out of a New York-based mutual fund company that had just laid him off.