Google made its apologies last week for weak privacy measures and security practices that resulted in mistakenly collecting unencrypted Wi-Fi data using Street View cars. While collected information was mostly fragmentary in some cases it included entire e-mail messages, URLs, and passwords, according to a blog post by Alan Eustace, senior vice president of engineering and research. "We work hard at Google to earn your trust, and we're acutely aware that we failed badly here," he says in his post.

According to the latest report, authored by faculty affiliated with the Center for Education and Research in Information Assurance and Security (CERIAS) at Purdue University, that was released by McAfee, business leaders worldwide see the value of Web 2.0 in supporting productivity and driving new revenue, but remain deeply concerned about security threats.

JetPay, a payment processing company that provides businesses with flexible integration, ease of use, and the ability to adapt to virtually any web site and application, has announced its partnership with Acculynk, delivering software-only services for online transactions security, over the offering of PaySecure Internet PIN debit solution.

Baidu is now suing major Chinese security provider, 360, for unfair competition alleging a version of 360's security software flags both Baidu Toolbar and Baidu Address Bar as malware.

As it became known, last week Adobe managed to mend two vulnerabilities in its Reader PDF viewing software. One of the vulnerability was one that went public last month at the annual Black Hat security conference.

Qualys, the security firm, has launched a new open source tool, "BlindElephant." BlindElephant tool has been launched as an open source project in order to let users protect themselves and monitor their web applications.

PayPal has launched newly enhanced buyer protection policy, in a move to strengthen the growing consumer confidence in e-commerce and online shopping sweeping across Asia-Pacific. The new policy targets to protect the over 785 million internet users who buy goods from over 8 million merchants worldwide, accepting PayPal as a payment method on their site.

Detica NetReveal, a fraud detection firm and Ipsos MORI, research company has announced the results of their recent survey. According to the results, 65% of Americans concern about security of the banks. Being to precise, they would like their banks to be more concerned with the preventive measures to detect and combat fraud. 

Trusteer, the security firm, is now warning of a new variant of the Zeus malware trojan that imitates the Verified by Visa and MasterCard SecureCode enrollment screen to erase sensitive data and passwords from PC users. The injected enrollment screen prompts users to enter their social security number, credit or debit card number, expiration date, and PIN or CSV code.

Visa Inc. has announced today global industry best practices for tokenization to provide guidance to merchants, vendors, service providers and acquirers and promote safer merchant payment environments. Based on Visa's experience working with the industry and also insights from data compromise investigations, the tokenization best practices are the latest in a series of guidance to help merchants reduce or eliminate sensitive card data from payment systems and simplify data security and compliance efforts. 

One of the most successful online investment companies ReProFinance has reported a huge DDoS attack launched against their site. Due to this accident the site of ReProFinance was down for a short period. The malfunction was quickly removed by Dragonara Hosting admins. According to the company reports ReProFinance has all protection means and security tools necessary for a reliable and trouble free functionality. Moreover, ReProFinance is constantly developing new tools to correspond to the level of the modern online investment projects.

  The leading provider of digital security Gemalto has announced about receiving MasterCard accreditation for its Gemalto Consulting Services. Thus and so, Gemalto appeared to become the first digital security company to join the MasterCard M/Chip Accredited Third Party program.

According to the research from Javelin Strategy & Research, that collected data from 3294 Americans online and 4874 by phone, banks need to consolidate their ATMs security as about 10% of US fraud victims have their details used to make withdrawals at ATMs. About 25% of these victims have already abandoned their financial institution, as the research found.

India’s largest software vendor, producing also security systems software, Tata Consultancy Services, has been breached by hackers.  The  hacker published a “For Sale” message on the site written in both French and English.

The Australian state of Queensland started a probe over a security breach influencing badly its contactless "go card" public transport system. The breach was detected when the credit of one person incorrectly transferred to another's account. The call centre operator and a supervisor have been drawn away while an investigation is completed.