The government has rejected Labor moves to make the controversial access card more secure and limit its use. Legislation setting up the card, which will be needed to access government services like Medicare and Centrelink, passed the lower house today after five Labor amendments were defeated.
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The Securities and Exchange Commission is suing a Hong Kong company for allegedly making more than $2.7 million from illegal trades they made by reading corporate press releases before they were made public. The SEC filed a civil action on Monday against Blue Bottle, Ltd., a company chartered in Hong Kong but supposedly with offices in London, along with its owner and chief executive officer Matthew Charles Stokes. According to the SEC’s complaint summary, Blue Bottle had inside information before it made trades by hacking into unidentified computer systems just before at least 12 companies were to make important press releases public.
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Online share brokers had their busiest trading day on record today, as Australians frantically adjusted their portfolios after huge global stock plunges. The stampede caused the web servers that power the sites to buckle, making brokers inaccessible and unable to process trading orders. CommSec, Australia’s largest internet broker, was inaccessible for a period, with visitors to the website reporting a “server is too busy” error message.
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The Air Force on Tuesday said it is fixing technological glitches in roughly 87 F-22 Raptor fighter jets after several aircraft computer systems earlier this month were disabled mid-flight. The six stealth fighter jets – built by prime contractor Lockheed Martin Corp. and partner Boeing Co. – were participating in an inaugural 12-hour flight from Hawaii to Kadena Air Base in Okinawa, Japan on Feb. 10 when several aircraft computer systems experienced problems, an Air Force colonel said.
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The first implementation of a biometric palm vein authentication system to access electronic medical records has been implemented at the Hospital for Charged Particle Therapy at the National Institute of Radiological Sciences (NIRS) in Japan. The innovative system enables users to access electronic medical records and is being used to prevent unauthorized access to the hospital’s data.
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