Eastern Europe

Michael Walzer in Dissent:

Michael Walzer in Dissent:

U.S. authorities are calling it the largest hacking and identity theft case yet. But this week's indictments of 11 people who allegedly plundered millions of payment card numbers might not seriously dent the underworld where such crimes occur.

Researchers at a hacking conference [in Las Vegas] met the news with a bit of a shrug, saying the theft of credit and debit cards still will flourish.

The Department of Justice announced Tuesday that it had charged 11 people in connection with the hacking of nine major U.S. retailers and the theft and sale of more than 40 million credit and debit card numbers.

It is believed to be the largest hacking and identity theft case ever prosecuted by the Department of Justice. The charges include conspiracy, computer intrusion, fraud and identity theft.

Jacada is a provider of unified desktop and process optimization solutions for customer service operations. The company's solutions, Jacada WorkSpace and Jacada Fusion, are designed to simplify, automate and optimize a call center's work processes across disparate business systems, eliminating inefficiencies and boosting productivity. I recently got a chance to catch up with the company by chatting with Jacada's CEO Paul O'Callaghan.

RT: So how was business in 2007?

ICANN on Thursday moved closer to allowing a range of customized domains to become part of the Internet's addressing system. Web addresses like ABCCompany.dealer, though, won't happen overnight.

The Board of the Internet Corporation for Assigned Names and Numbers, the organization responsible for coordinating domain names, still has to approve a final version of the implementation plan. ICANN expects to see the new names come online in early 2009.

Adobe Systems Inc.'s profit rose 41 percent in the second quarter because of strong sales and booming demand in international markets.

For the three months ended May 30, the maker of Photoshop design software and the Acrobat publishing tool reported Monday that it earned $214.9 million, or 40 cents per share, compared to $152.5 million, or 25 cents per share, in the same quarter a year ago.

Excluding special items, the software maker reported income of $272.7 million, or 50 cents a share, compared to $223.2 million, or 37 cents a share in the same quarter a year ago.