CyberSource authorises $15m buyback

CyberSource's board has approved a new stock repurchase programme authorising the company to buy up to $15 million of its common stock, states Trading Markets.

The electronic payment and risk management solutions provider says it will fund the programme with available cash on hand, and the plan will be effective through 31 March 2009.

Thus far in 2008, CyberSource has used around $9 997 005 to repurchase 704 925 shares under its prior repurchase plans.

The United Nations says the third meeting of the Internet Governance Forum (IGF) will be held in Hyderabad, India, next month, reports VAR India.

The IGF evolved from the World Summit on Information Society in 2005 when governments asked the United Nations to convene a new forum for policy dialogue to foster the Internet's sustainability, robustness, security, stability and development.

The first meeting of the IGF was held in Athens in November 2006, and last year Rio de Janeiro hosted the second edition in November. The theme for this year's forum is “Internet for All”.

The global IT body Information System Audit and Control Association (Isaca) has extended to 31 December the grandfathering provision for the Certified Governance of Enterprise IT (CGEIT) programme, says AllAfrica.com.

The grandfathering provision is Isaca's concession to corporate executives and senior IT personnel with a minimum of eight years' experience to get the CGEIT on the basis of their experience rather than by written examinations.

Business Intelligence Technologies is Isaca's global Professional Examination Service Centre and certification handler in Nigeria and West Africa. To ensure corporate executives in Nigeria with the specified years of experience get the certification without being subjected to written examinations, the organisation has scheduled two workshops for Abuja and Lagos.