Adobe cuts staff by 10%

Adobe Systems, thought to be one of the best US employers to work for by business magazine Fortune, is cutting 10% of its staff, reports The Register.

The company is eliminating 680 of its just-over 7 000-strong workforce as part of a restructuring, which will cost between $65 million and $71 million. Employee severance will cost Adobe the greater part of that, between $48 million and $52 million.

Adobe's cuts and restructuring are not connected with the $1.8 billion purchase of online analytics and consultant specialist Omniture, announced last month, it said.

According to a survey by computer forensics firm Kroll Ontrack, only a quarter of UK organisations feel able to respond effectively to a data breach, despite the fact they experience on average 1.5 data breaches every year, says Computing.co.uk.

While 56% of respondents have conducted a vulnerability assessment in the past 12 months, only 25% are confident in their incident response.

In addition, 15% of companies believe their responses to data breaches are not effective at all.

Eight men connected to an international crime ring have been charged with hacking into Atlanta-based bank card processor RBS WorldPay and stealing more than $9 million in 12 hours, reports The Register.

The men - from Russia, Moldova and Estonia - are accused of gaining access to the RBS computer network and retrieving payment card data as they were being processed. After raising the amount of funds available on the cards, the men dispatched cashers in 280 cities worldwide to withdraw money from automatic teller machines, according to court papers.

The 16-count indictment, filed Tuesday in Atlanta, is a major victory for federal agents pursuing one of the most brazen and profitable hacking crimes in recent memory. Four of the suspects appear to be senior members of the crime ring who helped mastermind the operation. They were charged with wire fraud, computer fraud, access device fraud, aggravated identity theft, and conspiracy.

Pay-TV provider BSkyB is to show live Premier League matches on Apple's iPhone, writes the BBC.

Users can watch live sports on Sky Sports and ESPN, as well as Sky News over a WiFi connection for £6 a month.

Besides the Premier League, users can also watch Scottish football, cricket and golf via Sky's new application.