TOP STORY
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Researcher intercepted embassy passwords
http://security.itworld.com/4341/070910psswd/page_1.html A security researcher who collected thousands of sensitive e-mails and passwords from the embassies of countries such as Russia and India blamed systems administrators on Monday for not using encryption to shield their traffic from snooping.

NEWS UPDATES
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Skype warns users of Windows worm
http://security.itworld.com/4340/070910skypeworm/page_1.html Skype users are under attack from a new worm that spreads through the peer-to-peer Internet phone application's chat feature.

Vodafone's new handset lineup to include iPhone rival http://wireless.itworld.com/4267/070910vodafone/page_1.html Vodafone Group PLC plans to launch several phones for holiday shoppers in Europe, including a high-end, touch-screen rival to Apple Inc.'s iPhone.

Capgemini to provide IT services for Google Apps
http://utilitycomputing.itworld.com/4594/070910capgemini/page_1.html Google Inc. has formed a partnership with Capgemini SA, which will provide IT services to large businesses that adopt the Google Apps Premier Edition hosted suite of collaboration and communication software.

AMD finally launches Barcelona server chip
http://www.itworld.com/Comp/1986/070910amdbarcelona/index.html After months of delays, Advanced Micro Devices Inc.'s latest processor, a quad-core server chip called Barcelona, is at last expected to hit the market Monday.

Seattle man gets two years for eBay fraud
http://www.itworld.com/Tech/2403/070910ebayfraud/index.html A Seattle man has been sentenced to two years in prison for selling computers and cameras on eBay but never actually delivering the goods.

Sony shows off unique Rolly audio entertainment player http://www.itworld.com/Tech/5051/070910rolly/index.html Now you don't have to dance to your favorite tunes -- your audio player can dance for you

OPINION
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Budgeting for acquisitions

September means the weather starts to cool down just as the budget process starts to heat up. While you may not be worried about acquiring companies yourself, how does your budget process handle the likely event of a major supplier buying another supplier? Or worse, what if a major supplier gobbles a company you have rejected in the past as a supplier? http://www.itworld.com/Net/nlsnetworking070904/index.html

BOOKS
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IT Risk: Turning Business Threats into Competitive Advantage