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More Citigroup Accounts Compromised Than Stated

June 21, 2011 by  
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Citigroup was apparently hit harder by a cyber-attack in May than what was originally reported; which is now 360,000 of its customers. Unfortunately, this number is double the number that Citigroup initially stated.

Citigroup is one of the biggest banks in the US and ranks number 3 overall. The breach occurred on May 10th and was confirmed by Citigroup on June 8thth. That said, around 360,080 North American Citigroup credit card accounts were impacted by the breach, Citigroup stated; which is around 1 per cent of their North American card customer’s base.

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AOL Launches Professional Division

May 19, 2011 by  
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AOL Inc is launching a professional division called AOL Industry on Monday geared towards capturing the  government, energy and defense executives attention.

The idea is to bring the use of social media, video and design from consumer-oriented sites and apply it to media for business professionals.

“(Trade media) hasn’t done as good a job at innovating as consumer media,” said Jay Kirsch, vice president and general manager of AOL Industry, who pitched the idea to AOL at the end of last summer.

“If you look at most of the innovations that have really changed media most of them have been consumer facing and not business-to-business.”

AOL Energy rolled out first and will be followed by AOL Government and AOL Defense in June. AOL Industry is not charging a subscription for access and will not have a print component.

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Terror Alerts To Be Issued Via Facebook, Twitter

April 10, 2011 by  
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The U.S. government may start issuing terror alerts via Facebook and Twitter, according to a news service report.

The Associated Press reported Thursday that the U.S. Department of Homeland Security is working to re-design the current color-coded terror alert system. The new system, according to the report, would have only two levels of alerts — elevated and imminent.

Those alerts would be conveyed out to the public in part via social networking sites Facebook and Twitter . The AP article is based on a 19-page draft of the plan that the news service obtained.

“The new terror alerts would also be published online using Facebook and Twitter ‘when appropriate,’” the news agency reported, “but only after federal, state and local government leaders have already been notified.”

The new system is expected to be in place by April 27.

Zeus Kerravala, an analyst at Yankee Group Research, said the fact that the U.S. government is entrusting something as critical as terrorist alerts to Facebook and Twitter shows how important social networking sites have become to people’s lives.

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