NetFlash: Florida banks hacked in new spoofing attack

Florida banks hacked in new spoofing attack

Three Florida banks have had their Web sites compromised by hackers in an attack that security experts are calling the first of its type. Click here for more.

Google acquires stake in AOL, nails down partnership plans

Google has finalized the details of its expanded partnership with Time Warner’s America Online subsidiary, including the acquisition of a 5% stake in AOL for $1 billion, Google said Wednesday in a filing with the SEC. Click here for more.

Microsoft rebrands FrontBridge service with Exchange name

Seven months after purchasing e-mail hygiene service provider FrontBridge, Microsoft Monday repackaged the capabilities of the service under the name Exchange Hosted Services. Click here for more.

U.S. regains most-connected status

The United States for the third time in five years is number one on the Networked Readiness Index, a ranking based on a country’s overall ability to exploit information and communications technology “for development and increased competitiveness.” Click here for more.

Maine college virtualizes its servers

By investing in virtualization software, a small Maine liberal arts college eliminated about one-third of its physical servers and sidestepped about $356,000 for new systems, even as it added enterprise applications. The server consolidation at Bowdoin College, in Brunswick, Maine, grew out of a limited test of ESX Server, virtualization software from EMC subsidiary VMware. Click here for more.

IT spending expected to accelerate in 2006

IT spending should increase marginally this year, according to SG Cowen, which surveyed some 500 IT executives to determine how many dollars they could dedicate to IT. Click here for more.

For news updated throughout the day, go to Network World’s NetFlash news page.