technology sectors

Evidence from the recent Aurora hack attacks on major American corporations suggest that many may have tightly locked virtual front doors, but no cybersecurity inside their systems, a McAfee expert warned on Wednesday. In a Security Insights blog post, Paul Kurtz, McAfee's chief technology officer, discussed his study of the December-through-February attacks on Google, Intel, Adobe Systems, and other large firms.

AT&T, one of the largest phone companies in the world, has fallen victim to economic turbulence. AT&T announced Thursday it will cut four percent of its workforce, or 12,000 jobs.

With 303,530 employees worldwide and $120 billion in pro-forma revenue in 2007, AT&T said the cuts are the result of a poor economy and an effort to reorganize and focus on specific businesses within the company, including wireless, broadband and video.