Three units of HSBC Group have been fined GBP 3.185 million (USD $5.2 million) by Britain's financial regulator for failing to protect consumer data from loss or theft.
The Financial Services Authority (FSA) said all three firms had been warned by HSBC Group Insurance's compliance team about the need for robust data security controls in July 2007.

ADVERTORIAL: Product debuts and important industry topics such as ecology, lifestyle, HDTV & wireless communications the main features at IFA 2009.
For the second time, and with an even more comprehensive show, the leading brands of the consumer electronics and electrical home appliances industries will be jointly represented on the Berlin Exhibition Grounds at IFA 2009.

Consumer demand for data storage is expected to drive Network Attached Storage (NAS) revenues to more than USD $1.25 billion in revenues by 2011.
That's the conclusion of ABI Research, which says the phenomenal growth of digital photography, audio, and video have focused consumers' minds on the need for secure storage.

Digital content in the average US household could reach 12 terabytes by 2014, according to researchers.
A joint report by Coughlin Associates and Objective Analysis includes DVD libraries, which accounts for a large chunk of the 12TB total.

Hitachi GST is making a fresh attempt at entering the consumer storage market after its first abortive attempt in 2007, writes Samantha Sai for storage-biz.news.
Brenden Collins, Hitachi's vice president of product marketing, dismisses the earlier attempt as one that "didn't take off that well".

IBM (NYSE: IBM) today announced the SecureStore framework, a new way to provide retailers with cost-effective solutions to help reduce the billions of dollars of losses caused each year by physical theft, electronic data breaches and compliance violations

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Cryptic Studios(TM), a leading independent developer of massively multiplayer online role playing games, has chosen IBM (NYSE: IBM) servers to power its highly anticipated massively multiplayer online (MMO) action game, "Champions Online"(TM), being published by 2K Games and developed for PC and consoles.

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IBM (NYSE: IBM) Research announced a new project, dubbed "Sametime 3-D," demonstrating the integration of Lotus Sametime with several virtual environments. The project showcases the business value virtual environments can bring to the future of C

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