Sophos finds three of top 10 malware threats can bypass Vista security

Security firm Sophos says three of the top ten malware threats in November are capable of bypassing Microsoft's Windows Vista's security defences and infecting users' PCs.  The Vista-resistant malware - Stratio-Zip, Netsky-D and MyDoom-O - comprise 39.7 per cent of all malware currently circulating.

Speed is crucial in battle against rising crime and bad debt

Banking giant HSBC is to extend its use of business intelligence software to reduce bad debt and fraud. The bank is already close to completing the installation of detection systems in 25 countries to identify fraudulent payment card activity.

Technology will form basis of real time tracking service

Royal Mail has launched a same-day delivery service based on GPS satellite technology allowing customers to track items in real time.

More than 210 billion epayments processed a year, says survey

The number of electronic payments will double by the end of the decade, says research.
 
The study of 79 countries, by research firm Global Insight, found that more than 210 billion electronic transactions are processed worldwide each year, but will be nearer 420 billion by 2010.

Developments in processor insulation technology promise savings in storage costs, says James Brown
 
An international research team from University College London’s (UCL) Centre for Nanotechnology has developed a ceramic material that could result in fundamental changes to technology.

US bank follows HSBC by issuing security devices to business customers

US banking giant Citibank has followed in the footsteps of HSBC by issuing security tokens to online business account holders.

But sentence too lenient, says IT security firm

Russian authorities have convicted a university student who ran web sites that distributed computer viruses.

Sergey Kazachkov, a Russian university science student from the town of Voronezh, was found guilty of running two sites that distributed more than 4,000 computer virus varieties.

Scheme would be too costly, says transport body

Transport for London (TfL) has ditched initial plans to launch an electronic wallet service for Oyster card users saying the project would be too costly.