TellPeoria@Tech

Serves ‘em right:

A report in IT security issued jointly by Telus and the Rotman School of Management surveyed 649 firms and found companies that ban employees from using social media suffer 30 percent more computer security breaches than ones that allow free use of sites like Facebook and Twitter.

Counterintuitive? Maybe, but it makes perfect sense when you consider how hooked most of us are on social media, say the study’s authors.

Rotman professor Dr. Walid Hejazi says employees banned from social networks often download software onto company computers allowing them to circumvent firewalls and access forbidden sites. Those programs let employees to tweet on the job but also create security gaps hackers are happy to exploit.

Oops:

Consumers were charged inflated prices for thin film transistor liquid crystal display (TFT LCD) panels produced by 10 manufacturers for five years, the South Korean Fair Trade Commission said on Tuesday.

The anti-competition watchdog announced it had found Samsung Electronics, LG Display, AU Optronics, Chi Mei Innolux Display, Chungwa Picture Tubes and HannStar Display guilty of fixing prices of large-size LCD panels between 2001 and 2006, and imposed a collective fine of 194bn won ($175m).

[snip]

In the US, the Justice Department said earlier this year that LG, AU Optronics and Samsung were among a number of companies and individuals that had paid more than $890m in criminal fines, with 22 executives and eight companies having been charged.

Other companies involved were HannStar, Chunghwa Picture Tubes, Sharp, Epson Imaging Devices (a unit of Seiko Epson), Hitachi Displays and Chi Mei Optoelectronics.