The tour of the canal development was over. Famed economist Milton Friedman wondered why no powerful earthmoving equipment was in place. He asked why the workers only had shovels. “Oh, I thought you were trying to build a canal. If it's jobs you want, then you should give these workers spoons, not shovels.” Consider the perception of a shortage of qualified security talent the same way.

Microsoft's top lawyer says the fallout of the NSA spying scandal is "getting worse," and carries grim implications for US tech companies.

In a speech at the GigaOm Structure conference in San Francisco on Thursday, Microsoft general counsel Brad Smith warned attendees that unless the US political establishment figures out how to rein in its spy agencies, there could be heavy repercussions for tech companies

Gregg Steinhafel, former Chairman and CEO of Target Corporation stepped down earlier this month. The primary reason stated was because of the continued fall-out from the 2013 massive data breach. And massive it was! In case you don’t recall, up to 110 million customer records were compromised.

These days it seems nothing is impervious to security flaws. This week’s discovery involved log-in tools OAuth and OpenID, leaving social-media users at risk. Facebook, Google+, LinkedIn and Microsoft and other sites commonly use the tools.

Discovered by Wang Jing, a Ph.D. student at the Nanyang Technological University in Singapore, the “Covert Redirect” flaw allows cyber-attackers to disguise themselves as a log-in popup based on an affected site’s domain.

Users taken in by the phony log-in can have their personal data released to the attacker instead of to the intended website, including name, birthdate, Social Security number or address, and other information.

Iceland is working on banning Internet pornography, calling explicit online images a threat to children.

Over half of WiFi users in the UK are unaware of the data protection risks of using the wireless network in public, according to a new study.