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Submission + - Mitsubishi Motors pulls a Volkswagen; Shares Drop (reuters.com)

Zane C. writes: The president of Japan's sixth largest auto corporation has admitted to manipulating test data on fuel economy for 625,000 total eK Wagon and eK Space models, as well as the Dayz and Dayz Roox models produced for Nissan Motors. The offending models have been taken off the market until the problem is fixed, and foreign markets are being investigated for similar violations. Upon the announcement of the manipulations, Mitsubishi's stock dropped 15% and it lost 1.2 billion dollars in market value.

Submission + - First children have been diagnosed in 100,000 Genomes project (bbc.com)

Zane C. writes: The 100,000 Genomes project, an organization dedicated to diagnosing and researching rare genetic disorders, has just diagnosed its first 2 patients. After painstakingly analyzing about 3 billion base pairs from the parents of one young girl, and the girl herself, "doctors told them the genetic abnormality — in a gene called KDM5b — had been identified". The new information will not yet change the way the young girl, named Georgia, is treated, but it opens up a path for future treatments. For the other girl, Jessica, the genetic analysis provided enough information to diagnose and begin a new treatment. A mutation had occurred "[causing] a condition called Glut1 deficiency syndrome in which the brain cannot get enough energy to function properly." Jessica's brain specifically had not been able to obtain enough sugar to power her brain cells, and as such, doctors prescribed a high fat diet to give her brain an alternate energy source. She has already begun showing improvement.

Submission + - IRS: Identity Theft Protection A Tax Deductible Benefit - Even Without A Breach (wordpress.com)

chicksdaddy writes: File this under "It's about time." The U.S. Internal Revenue Service has announced that it will treat identity theft protection as a non-taxable, non-reportable benefit that companies can offer — even when the company in question hasn't experienced a data breach, and regardless of whether it is offered by an employer to employees, or by other businesses (such as online retailers) to its customers, the blog E for ERISA reports. (https://eforerisa.wordpress.com/2016/01/10/irs-extends-tax-free-status-to-proactive-identity-theft-protection/) In short: companies can now deduct the cost of offering identity theft protection as a benefit for employees or extending it to customers, even if their data hasn't been exposed to hackers.

The announcement comes only four months after an earlier earlier announcement (https://eforerisa.files.wordpress.com/2016/01/earlier-announcement.pdf) by the IRS that it would treat identity theft protection offered to employees or customers in the wake of a data breach as a non-taxable event. Comments to the IRS following the earlier decision suggested that many businesses view a data breach as “inevitable” rather than as a remote risk.

The truth of that statement was made clear to the IRS itself, which had to provide identity theft protection earlier this year in response to a hack of its online database of past-filed returns and other filed documents which ultimately affected over 300,000 taxpayers. (http://www.nytimes.com/2015/08/18/us/politics/hacking-of-tax-returns-more-extensive-than-first-reported-irs-says.html)
The new IRS guidance could be a boon to providers of identity protection services such as Experian and Lifelock, though maybe not as much as one would expect. Data from Experian suggests that consumer adoption rates for identity theft protection services is low. Fewer than 10% of those potentially affected by a breach opt for free identity protection services when they are offered. For very large breaches that number is even lower — in the single digit percentages. (https://securityledger.com/2015/05/amid-rampant-data-theft-consumers-left-breached-and-burned-out/)

Submission + - Gardasil cleared of Anti-Vax nonsense (slate.com)

Zane C. writes: A new study once again proves that vaccines have no link with yet another batch of medical disorders. The vaccine in question is a relatively new HPV vaccine called Gardasil, mainly targeting preteens to reduce infection. Phil Plait has more on this, debunking anti-vax claims and explaining why you should receive the vaccine.

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