India fraud office to prosecute Satyam founder

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

FBI smashes US-Egypt cyber 'phishing' ring

Investigators in the United States and Egypt have smashed a computer "phishing" identity theft scam described as the biggest cyber-crime investigation in US history, officials said Wednesday.

SEC drops options case vs former McAfee lawyer

(AP) -- The Securities and Exchange Commission says it has dropped its lawsuit against McAfee Inc.'s former general counsel which accused him of illegally tampering with stock options.

Computer Sciences paying $190M to settle SEC fraud charges

Computer Sciences Corp. is paying a $190 million penalty and a former CEO is returning $3.7 million in compensation to resolve federal regulators' charges of accounting fraud involving an important foreign contract.

Man gets 3 years for hacking police websites

A 22-year-old Ohio man linked to the hacker collective Anonymous was sentenced Thursday to three years in federal prison for breaking into police-agency websites across the country.

Two Romanians sentenced to US prison in hacking case

Two Romanian nationals were sentenced to prison terms Wednesday for their roles in a multimillion-dollar scheme to hack into US merchants' computer networks to steal credit card data, officials said.

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