Obama Administration Investigates Chinese Hacking of Google E-Mail

Tom Ramstack – AHN News Legal Correspondent

Washington, D.C., United States (AHN) – The Obama administration considers reports that hackers in China tapped into the e-mail accounts of American government and military leaders to be a “serious” national security issue, a White House spokesman said Thursday.

On Wednesday, Internet giant Google reported that hackers based in Jinan, China had used phishing software to seek e-mail account information of top U.S. government and military officials. They also sought information on Chinese dissidents, journalists and South Korean government officials.

“We’re looking into these reports,” said White House spokesman Jay Carney. “We have no information that any official government accounts were accessed.”

He declined to give more detail about hackers into Google’s e-mail accounts, saying he would prefer to await results of an FBI investigation.

“The president is obviously aware of it,” Carney said.

Hundreds of e-mail accounts were reportedly compromised, including one belonging to a Cabinet-level government official.

Google said in a blog post that it has disrupted the phishing software and notified its customers who might have been affected.

The phishing programs typically try to trick e-mail customers into revealing their passwords so their accounts can be accessed by other persons.

It is uncertain how much information from U.S. government personnel might have been transferred to Google e-mail, or G-mail, accounts. Carney acknowledged that government officials use the Internet widely.

“We are definitely instructed that we need to conduct all of our work on official government accounts,” Carney said.

In addition, government agencies – such as the General Services Administration – increasingly uses G-mail to conduct business.

The Chinese government is denying that it sponsored the hacking.

Carney sidestepped the source of the e-mail infiltration by saying, “I’m not going to confirm anything about origins. The FBI is investigating it.”

Chinese Foreign Affairs Ministry spokesman Hong Lei said in a statement that the “Chinese government is firmly opposed to any cyber criminal activity, including hacking . . . [and] is ready to cooperate with the international community to combat against it.”

He also said that “any blame against China in this [latest incident] is groundless and with an ulterior motive.”

Nevertheless, Google traced the attack on its e-mail accounts to Lanxiang Vocational School in Jinan. The Chinese military often uses computer scientists trained at the school.

The same school was blamed for a cyber attack against Google in a separate incident last year. The incident prompted Google to transfer its Internet services for China to Hong Kong to put it out of reach of Chinese censors.

About the same time, Internet service provider Yahoo blamed Chinese hackers for attacking its e-mail service.

The Obama administration responded to the latest Google hacking incident Thursday on the same day the House Energy and Commerce Committee considered the possibility of a new federal law to improve Internet security.

A bill set to be introduced soon would require Internet companies to notify customers promptly when their personal data is hacked.

“Consumers have a right to know when their personal information has been compromised and companies have a responsibility to promptly alert them,” said Rep. Mary Bono Mack (R-Calif.), chairwoman of the House Energy and Commerce subcommittee that held the hearing Thursday.

Witnesses included officials from Sony Corp. and Alliance Data Systems Corporation’s Epsilon Data Management unit. Both companies have been victims of recent high-profile hacking attacks.

Millions of customers of the companies had their names, e-mail addresses and credit card numbers accessed by the hackers.

The lawmakers criticized the company executives for failing to adequately protect the private information and for not notifying their customers quickly about the security breaches.

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India’s exports rise 34.42% in April 2011

Goods exports from India increased 34.42% to $ 23.8 bn in April 2011 compared same month of previous fiscal while imports increased by a lower 14.13%.

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Japanese PM faces no-confidence motion

Vittorio Hernandez – AHN News

Tokyo, Japan (AHN) – A political tremor may hit Japanese Prime Minister Naoto Kan as the opposition plan to file a no-confidence motion.

The Liberal Democratic Party and New Komeito are ready to submit their joint motion as early as Wednesday. The vote appears to be a test of the legislator’s trust in Kan, particularly the way he handled the Fukushima Daiichi nuclear crisis.

Even within the Democratic Party of Japan, which Kan heads, there is dissatisfaction with the prime minister’s performance.

Former LDP Secretary General Hidenao Nakagawa went one step ahead of the no-confidence vote and challenged Kan to resign from his position. Nakagawa cited as basis for his quit call to Kan a recent survey which found that 80 percent of respondents did not trust the government’s announcements on the damaged nuclear plant.

Kan said he would not resign. He said he has the duty to resolve the nuclear crisis at all cost. Kan could even beat the no-confidence motion by dissolving the Lower House of the Japanese Diet and calling an election.

Kan is not only struggling with the Fukushima Daiichi crisis, but also with other economic problems caused by the magnitude 9 temblor that shook Japan on March 11.

Data from the Ministry of Internal Affairs and Communications released on Tuesday showed that the country’s unemployment rate went up to 4.7 percent in April. However, the figure excludes the impact of the earthquake on the Iwate, Miyagi and Fukushima Prefectures, which saw widespread infrastructure damage and job losses.

The Labor Department also reported that average salaries in the third-richest economy shrank in April for the second consecutive month by 1.4 percent, although industrial production for the same month grew by 1 percent.

The Fukushima Daiichi nuclear crisis made ratings agency Standard & Poor’s downgrade to junk status, the credit rating of the operator of the ill-fated facility, Tokyo Electric Power Company. The utility firm’s rating drastically went down by five notices because of uncertainty of government bailout for Tokyo Electric.

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Davy says Ireland’s debt sustainability achievable through fiscal plan and growth potential

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it’s a problem that developed when …

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Frank Mir takes decision over Roy Nelson in UFC 130 heavyweight battle

Shawn Krest – AHN Sports Correspondent

Last Vegas, NV, United States (AHN Sports) – Frank Mir won a unanimous decision over Roy Nelson in a battle of heavyweight contenders at UFC 130 Saturday night in Las Vegas.

Mir dominated on his feet and on the ground as Nelson tired quickly in the three round fight.

The two fighters exchanged punches in the early going as the fight looked to be an entertaining brawl. Nelson charged in early and scored the first takedown of the bout before Mir quickly reversed.

As Nelson tried to throw punches, Mir tied him up against the cage and battered Nelson’s body and head with knees.

“How many times did I knee him in the face?” Mir asked after the fight. “What’s with that guy’s chin?”

Much like Nelson’s previous fight–a loss against Junior Dos Santos–he took a great deal of punishment but impressed observers by continuing to come back for more.

As Mir’s knees sapped Nelson’s energy, Mir began to score takedowns against the former winner of The Ultimate Fighter, almost at will.

He finished round one with a trip takedown, then scored a half dozen more in the last two rounds of the fight.

“I expected to win the grappling aspect,” Mir said. “It went even better than I’d planned. I won every aspect of the fight.”

“Wrestling was my main focus in camp, and I think it worked out well for me tonight,” Mir added.

Nelson appeared to be fatigued by the end of the second round, and his punches had very little power on them. Mir also seemed to tire as the final round wore on, but the former UFC champion kept taking Nelson down, and Nelson, to his credit, kept battling back to his feet.

“His wrestling was something I wasn’t expecting, and I just got tired,” Nelson said.

Scores were 30-27, 30-27, and 30-26. AHN’s unofficial scorecard had it 30-27.

Mir won his second straight and improved to 15-5. Nelson lost his second straight, dropping to 15-6.

Mir was taken to the hospital afterward, reportedly because of a possible broken jaw.

On the undercard, Travis Browne scored the Knockout of the Night over Stefan Struve in a battle of skyscrapers.

The 6’7″ Browne is usually the tallest man in the cage, but he faced someone four inches taller Saturday night.

Browne got an early takedown, then fought off two Struve choke attempts as they grappled on the mat.

When the fighters returned to their feet, Browne finished the fight with a right-handed Superman punch that landed squarely on Struve’s chin. Struve was out before he hit the canvas, and the fight ended at 4:11 of the first round.

Browne’s ninth career knockout was also his sixth straight win by knockout. He moved to 11-0-1. Struve dropped to 21-5. Four of his five losses have been by knockout.

Browne’s performance probably cost Brian Stann the Knockout of the Night bonus, although Stann’s second round TKO of Jorge Santiago was named Fight of the Night.

Stann nearly finished the fight in the first round, as he dropped Santiago with a left hook, but the round ended before he could get the stoppage.

In the second, Stann landed an uppercut that appeared to hurt Santiago. He dropped Santiago with another power shot and finished the bout with ground and pound. The fight was stopped at 4:29 of the second.

Stann earned his second straight knockout and eighth of his career. He won his third straight and moved to 11-3. Santiago, a former Sengoku champion, lost his UFC debut, dropping to 23-9 on his career.

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Greece denies missed fiscal targets as EU bickers

ATHENS/BERLIN (Reuters) – Greece’s hopes of averting default dimmed on Saturday as fears grew the country may have missed fiscal targets set by its lenders while euro zone policymakers bickered on how to respond to the deepening crisis.

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Japan sees deflation reprieve as core consumer prices nudge up

Linda Young – AHN News Writer

Tokyo, Japan (AHN) – Japan beat deflation for the first time in 28 months with consumer prices rising in April by 0.6 percent compared to the same month last year, according to the Statistics Bureau.

The increase was the first since December 2008 in Japan’s core consumer price index. Most of that increase came from higher oil prices. The core consumer price does not include volatile fresh food prices.

However, economy minister Kaoru Yosano indicated that the increase does not mean that such gains will continue.

Japan’s economy is still in an economic recession, compounded by the devastating March earthquake, tsunami and the resultant crisis at the nuclear power plant. In addition, concern over the need to incur debt to deal with cleanup and rebuilding from those events caused credit ratings agency Fitch to cut its rating of Japan’s sovereign debt.

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Tate & Lyle Posts FY11 Pre-tax Profit Of GBP 245 Mln; Raises Dividend – Update

Tate & Lyle Plc, a maker of ingredients and solutions for food and beverages, Friday reported a pre-tax profit for fiscal 2011, turning around from a loss in the year ago period. The company benefited from reduced exceptional items, higher corn prices and strong sales volumes across the its business segments. The company also lifted its final dividend.

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Sony temporarily shutters webpages due to unauthorized access

Vittorio Hernandez – AHN News

Tokyo, Japan (AHN) – Sony Corporation has temporarily suspended on Wednesday its webpages in Canada, Thailand, Indonesia and Greece following another unauthorized intrusion into its portal.

The fresh hacking involved the theft of personal data of Sony Ericsson Mobile Communications in Canada. The hackers stole 2,000 names, phone numbers and email addresses, but failed to get any credit card details.

They also altered a Sony webpage in Thailand to make it easier to send phishing email and stole web codes from Sony’s music unit’s portal in Indonesia. The Greek intrusion affected about 8,500 customers’ information.

Sony said the hacked websites were externally hosted by third parties and not linked to its main network.

The fresh attack followed last month’s hits on Sony’s network, which involved the data of over 100 million customers. Besides crippling Sony’s PlayStation Network, last month’s cyber attack cost the Japanese firm, which expects a third year of loss, $171 million (JPY 4 billion).

The intrusions also places doubt on Sony’s online security systems. Following the fresh round of hacking incident, Sony’s shares fell 1.5 percent on Wednesday at the Tokyo trading floor.

Sony said it is investigating if the fresh attacks on its webpages are linked to last month’s hacking into the company’s PlayStation Network. The company said it has so far found no evidence connecting the two incidents.

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Hormel Posts In Line 2Q Results

Hormel’s 2Q11 EPS of 40 cents was above 34 cents in the corresponding period of fiscal 2010 and in line with the Zacks Consensus Estimate.

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