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This week UK lawmakers called for developing global regulation the cyber space which is believed to ensure best security of the European Internet.

Apart from creating global regulation a committee of parliament's upper chamber called for creating a common European-wide approach.

The absence of any worldwide regulation of the Internet results in a multiple abuses from small-scale theft and identity fraud to espionage and mass attacks that shut down a business or utility.

Vodafone Spain admitted about 3,000 customers were potentially vulnerable to malware after Mariposa botnet agents strayed onto the HTC Magic smartphone.

Vodafone has launched a probe into the infection. The company maintains that the whole losing business is "isolated and local". Actually, there's no evidence that HTC Magic smartphones supplied by Vodafone elsewhere in Europe are injured. Meantime, new figures suggesting 3,000 users were exposed to the malware make it one of the biggest incidents of an IT supplier shipping pre-pwned mobile kit.

According to the survey conducted by Maximiles Surveys among 1,000 youngsters in Britain, young Britons are increasingly turning to the internet to look for help with personal problems instead of seeking advice from their parents or friends.

90% of youngsters aged under 25 responded for national free helpline Get Connected that they had used the Web targeting to seek for help in solving a personal problem.

Friday, bullion prices hardly changed, writing off stronger dollar as worries about Greece's debt troubls and volatility in currencies boosted its safe-haven appeal.

Spot gold was at $1,124.70 an ounce by 00:37 GMT, modestly changed from New York's notional close on Thursday, when it hit an intraday high of $1,129.05. Bullion was about 1.6% below a 6-½ week high near $1,150 seen in early March but was heading for its best weekly gain since mid-February.

In early European trading today, the alpine franc spiked higher against its key opponents. The franc thus climbed to a 2-day high against the pound.

The Swiss franc that held steady against the euro in Asian deals on Friday rose in early European trading. As of now, the franc is worth 1.4381 per euro. On the upside, 1.436 is seen as the next target level for the franc. The euro-franc pair closed yesterday's trading at 1.4403.

In early European trading today, the alpine franc spiked higher against its key opponents. The franc thus climbed to a 2-day high against the pound.

The Swiss franc that held steady against the euro in Asian deals on Friday rose in early European trading. As of now, the franc is worth 1.4381 per euro. On the upside, 1.436 is seen as the next target level for the franc. The euro-franc pair closed yesterday's trading at 1.4403.

During early European session on Friday, the British pound lost ground against its main rivals. The sterling thus declined to a 2-day low against the Swiss franc and a 3-day low against the dollar.

The pound that closed yesterday's trading at 1.5248 against the US dollar fell to a 3-day low of 1.5188 by about 2:25 am ET Friday. The next downside target level for the pound is seen at 1.498. Cable is now worth 1.5211.

Users of Facebook were warned by the social networking website about a bogus password reset scam. Members are sent an email where they are falsely told that their password has been changed because of a supposed security incident.

The fraudulent messages recommend the users to open an email attachment for more information. And this email attachment, naturally, turns no other than a malware which is a keystroke Trojan. Once it is installed on your PC it steals every password you type.

As Microsoft started offering European users a choice in browser with a so-called ballot screen Opera Software has recorded a sharp increase in downloads of its popular Internet browser (10.5).

The company reports that over half of the European downloads of Opera’s latest browser come directly from that Choice Screen on an average basis.

Thus, the downloads have more than doubled from the normal figures. Earlier this month Opera boasted a triple increase in downloads.

This scam investment program known as refmotor only refers you to a scammer when the admin has started paying selectively to the monitors only since end of last month. The amdin claims that their team is trading in the forex market and Refmotor has been instrumental in helping their members earn a consistent, second income when joining their program.

The situation around Genius Funds has not budged an inch. The website is now absolutely inaccessible. If yesterday users could see CAPTCHA introduction and after it the browser reported bad gateway error now they are not deigned to see even that.

Earlier this month Genius Funds Compliance Officer Patricia Steele wrote to the hyipranks.com monitor:

Dear Hyip Ranks,

In the last several weeks I have received several messages concerning rumors on our alleged violation of securities regulations in the province of British Columbia and elsewhere.

EBay has delayed the launch of Russian version of its online auction website. The launch date was moved from March 16th to 25th. The changed schedule is related to the visit of eBay director of business development Alina Prawdzik. The launch was timed to her arrival.

Euro Nano Investment has announced new contracts with hi-tech companies offering venture projects in the field of nanotech synthetic fiber production for construction of bony tissue, as well as the projects concerned with manufacturing of Video cards that can transmit any video signal into 3D video signal on computer screens. According to Euro Nano the partnership with those companies, namely UltraMedice Corp. and Pixera Construction Ltd will generate additional profits and bring ROI to 440% and 590%.

It was found that there is a dedicated network that keeps most notorious botnets always-on connections and virtually immune from takedowns. Researchers at RSA have identified the network of the servers that shepherd tens of thousands of infected PCs so they continue to send spam, spread malware, and stay updated with the latest bot software.

In late Asian session today the common unit of Europe lost ground versus its key counterparts.