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Music

MediaDefender Buys MediaSentry For $136,000 (Not $20M) 141

Posted by timothy from the sneaking-aboard dept.
newtley writes "SafeNet paid $20 million for MediaSentry in 2005, but has just sold it to rival MediaDefender for a paltry $136,000, with a promise of more later. MediaSentry's new owner says the combination will allow it to 'dramatically expand its effectiveness.' Is it time for an official government inquiry into MediaSentry and the RIAA? A Chicago student said she was planning on killing herself because the RIAA promised her she'd land in court unless she paid almost $10,000 to 'settle' an alleged copyright infringement. She 'couldn't sleep, couldn't study, couldn't live a normal life because of the worry.' The RIAA 'evidence' came from MediaSentry, accused of operating illegally."
Security

US Financial Quagmire Bringing Out the Scammers 272

Posted by timothy from the brother-where-is-your-empathy? dept.
coondoggie contributes this snippet from NetworkWorld: "You could probably see this one coming. With all of the confusion and money involved you knew there would be cyber-vultures out there looking to cash in. Well the Federal Trade Commission today issued a warning that indeed such increased phishing activities are taking place. Specifically the FTC said it was urging user caution regarding e-mails that look as if they come from a financial institution that recently acquired a consumer's bank, savings and loan, or mortgage. In many case such emails are only looking to obtain personal information — account numbers, passwords, Social Security numbers — to run up bills or commit other crimes in a consumer's name, the FTC stated."

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