Pirate Bay Founders Sentenced To A Year In Prison

In a Landmark judgement, in the case against the Leading BitTorrent Tracking Company – The Pirate Bay, the 4 founders (Peter Sunde, Fredrik Neij, Gottfrid Svartholm, Carl Lundström) have been found guilty of aiding massive copyright infringement, and proffiting from its actions as well. They have been sentenced to a year in prison each.

The Issue was taken to court by Domestic Swedish Record Label companies, who demanded damages to the extent of $14million.

The 4 accused have been asked to pay 30m kronor (£2.4m), in damages. And this money will be given to a number of Entertainment Companies, some of them being Sony Music, Warner Brothers, Columbian Pictures etc.

According to “breaking reports”,Pirate Bay founder Peter Sunde has sworn to appeal against the courts decision, and continue operating The Pirate Bay.

Who owns your online content?

With the massive outbreak of Websites that are mainly generated by User-Owned Content (Facebook; Twitter; Search Engines; Myspace) concerns regarding the ownership issues of such content is starting to shake things up.

Ever wondered who owns all this information in a world booming with social networking sites, search engines and a culture of online sharing?

Since Today’s so-called Web 2.0 Websites, such as Youtube, Myspace and facebook are struggling to keep a sustainable revenue model, it’s natural that they will consume every bit of your information. Well maybe someday, this information will be of more value to them than today.

A recent example of this would be when Facebook decided to make some changes to their Terms of service document, allowing them access to all your information, even after you have left the service.

Why would they want your content? Well the answer is that all this information you leave behind is worth a lot more to Facebook and others.

One should make note that whatever you put on the internet, will remain even much after you’ve gone, even if the Service Providers honestly delete it from their database. The Internets memory unlike public memory is not short lived

Recession Leads To CyberCrime : McAfee

In  recent study, Online Security Expert McAfee, has concluded that Recession has lead to an increase in the acts of CyberCrime lately.

Since most of the governments are busy tackling other serious issues such as terrorism, and the critical situations in their economies, their attention is being diverted from Online Security, says McAfee.

A company representative recently stated that From the look of it people do not consider Online Security that beneficial, and in this process they neglect their responsibilities, by choosing not to update their AntiVirus, or simply use Fake Versions of softwares, By doing this they put themselves at maximum risk.

Buyers are now searching the Internet for affordable deals and shopping bargains, and are easily distracted therefore more easily scammed! Instances of False emails and Bogus Phone calls, claiming to be from a bank, concerned about its customer’s worries, and Get-Rich-Quick Scams, or Phony Employment sites, which collect all the users personal data while signing up, and further misuse it.