It takes a lot to launch a business in today’s competitive landscape. Unfortunately, not all find success and some end up shutting their doors for good. A company could be going through a merger or acquisition, as is the case with Office Depot, which is in the process of closing up to 400 locations following its 2013 merger with OfficeMax. Of course, there’s another reason -- a company could be facing mounting debts and a decline in sales. That’s what is happening to the once popular fashion retailer American Eagle, which has seen its net income take a huge dip from $400 million in 2008 to $80 million in 2015 and will be closing 150 locations by 2017.

Once any business makes the decision to shut down -- even if it only has one location -- there is one very important, but often forgotten, step that needs to be taken. Data needs to be permanently erased from every single piece of equipment and environment where corporate, customer and employee data are stored.

Earlier reports of a couple of banks using the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system being hacked are now paired with new reports saying that additional 12 banks using the same system might have fallen victim to the attack.

According to security researchers FireEye, which have been investigating the matter, "numerous" other banks have contacted them, including banks from the Philippines, and New Zealand. Even though the majority of these attacks were thwarted, approximately $81 million made it to the Philippines and ended up at casinos, where its trail is lost.

When you buy a new PC it inevitably comes with a range of extra software -- bloatware if you will -- ranging from the maker's own updater tools to trials of antivirus and other products.

Trusted access provider Duo Security has carried out some research into how this extra software could be making users more vulnerable and invading their privacy.

As organizations rely more and more on data, so keeping it secure and making sure it can only be accessed by the appropriate people becomes increasingly important.

To address this, identity and access management company SailPoint is launching an updated version of its SecurityIQ solution that provides an integrated and comprehensive approach to governing all data in the enterprise.

You know your website isn’t worth much when a database of 427 million stolen login credentials are being sold online for roughly $2,800 (£1,920).

Yep, that’s what happened to MySpace over the weekend. But Myspace not being worth much nowadays is not the news. Possibly the biggest login credentials theft, is.

An airplane parts manufacturer has fired its CEO after the poor guy got scammed, costing the company €42 million ($47 million).

"In the supervisory board meeting, held on May 24, 2016, Mr. Walter Stephan (CEO) was revoked by the supervisory board as chairman of the management board of FACC AG with immediate effect for important reason. The supervisory board came to the conclusion, that Mr. Walter Stephan has severely violated his duties, in particular in relation to the 'Fake President Incident'. Mr. Robert Machtlinger was appointed as interim CEO of FACC AG".

The proposed data transfer deal between Europe and the US, destined to replace Safe Harbour, has been dismissed as "not robust enough". The European Data Protection Supervisor (EDPS) says that the pact is in need of "significant improvements" if it is to be of any value in protecting European data stored in the US.

Safe Harbour has already been ruled invalid, and it had been hoped that the EU-US Privacy Shield would be finalized by June. While today's criticism does not mean the new pact is dead in the water, it does represent a serious stumbling block.

The group that tried to steal a million dollars from the Vietnamese Tien Phong Bank, managed to steal $81 million from Bangladesh's Central Bank, and managed to steal $12 million from a bank in Ecuador, also attacked a bank in the Philippines.

However, it remains unclear if the group actually managed to steal any money from this bank or not. What we do know, though, is that all these attacks seem to be pointing at the same hacking group, known as Lazarus.

Privacy concerns have been voiced after Iran announced plans to force messaging apps and social media services to store all data about Iranian users on Iranian soil. It is common practice for user data to be stored in other counties, but the government in Iran continues to exert its authority over the internet.

Any company who wants to operate a message service in Iran has a year to comply with the data relocation requirement. With Iran already blocking access to the likes of Facebook and Twitter, privacy and security advocates have expressed worries about the implications of the new rules.

The world of technology has long been thought of as being male dominated. For those concerned with diversity, this is situation is less than ideal but a bigger problem exists in the form of online abuse. This does not refer just to trolling and immature silliness, but the more serious issue of targeted misogyny.

The headline to this article may seem to state the obvious, but it's very easy to assume that something is the case without actually having the evidence to support it. Personal experience is one thing, but how does this translate to the wider sphere? New research shows that there is indeed a serious problem with online abuse and misogyny, particularly on social media, and a campaign is underway to try to tackle the scourge.

If we look at the world of cyber security through the eyes of the media, it’s a pretty frightening view. We hear story after story of security breaches hitting major companies and the next data leaks that follows affecting thousands of people. It’s enough to fill any business with trepidation.

With cyber security such a big talking point, we tend to see a lot of information floating around -- some of which is not in the least bit true. If a company wants to enhance its IT security it is imperative to be able to separate facts from fiction.

The security landscape is one that is constantly changing and old-style signature-based detection systems are struggling to keep up.

But what are the main threats today and how can companies and individuals combat them? We spoke to Tomer Weingarten CEO of next-generation security specialist SentinelOne about ransomware and what the LinkedIn hack means for the future of password security.

While there’s a lot of negativity surrounding Windows 10 at the moment, thanks mostly to Microsoft’s shady upgrade tactics, it is actually a very good operating system.

The upcoming Windows 10 Anniversary Update, out at the end of July, improves the OS significantly, introducing a wealth of new features, and one of the latest inclusions to be made available for Windows Insiders to try is Limited Periodic Scanning. This sets Windows Defender to scan your PC at intervals, even if you have another anti-virus program installed.

If you need another reason to pay attention to online security, new measures under consideration by banks could sharpen your focus. At the moment, banks in the UK frequently shoulder the cost of online fraud when customers fall victim. But all this could be set to change.

The plans being looked at by banks, GCHQ and the UK government could see people who haven’t taken care of their own online security being excluded from receiving compensation if their account is hacked.

Microsoft has pushed Windows 10 Insider Preview Build 14352 to the Fast Ring. The latest build introduced a number of updates and bug fixes. One of the biggest changes is to Cortana which can now be used to control a Groove Music Catalog and set a timer.

The recently-introduced Windows Ink gains improved Sticky Notes, and the ruler now benefits from the inclusion of a compass. Gamers can now enjoy the Windows Game bar at full-screen in more games, including World of Warcraft, Counterstrike: Global Offensive, and Diablo III. Important changes have also been made to the Feedback Hub.