Sales rep at Cisco reseller pleads guilty to fraud; Prize for zero-day Windows flaws set at $20,000

Daily News PM Alert NetworkWorld.com | LANs & WANs Research Center | Update Your Profile SPONSORED BY CA Live Webcast - Latest PPM Research Findings On January 24th at 9:00 a.m. PST, join Forrester Senior Analyst Lewis Cardin who will share the latest PPM research findings, including why PPM implementation is rising and how to select the best PPM system. Register now and receive your copy of "The Forrester Wave(tm): Project Portfolio Management Tools, Q4 2007". SPOTLIGHT STORY Sales rep at Cisco reseller pleads guilty to fraud By Jim Duffy A salesman at a Cisco reseller in Minnesota pled guilty this week to defrauding the vendor of more than $400,000 in networking equipment Read full story Jim Duffy a Network World managing editor. He has over 21 years of high-tech reporting experience, including over 16 years at Network World. Previously, he was senior editor at Computer Systems News and associate editor/reporter at Electronic News and MIS Week. He can be reached at jduffy@nww.com. RELATED NEWS: News podcast: Network World 360 VMware announced Tuesday it has entered into an agreement to acquire application virtualization vendor Thinstall for an undisclosed sum; The U.S. Federal Communications Commission announced this week that it approved a total of 214 bidders for the upcoming 700MHz auction, which is due to start on Jan. 24. (7:24) Prize for zero-day Windows flaws set at $20,000 A security research company is offering $20,000 for information on undisclosed security flaws in Microsoft's Windows OS. Cyber-espionage moves into B2B The practice of cyber-espionage is rapidly moving beyond the government sector and finding its way into the world of international business, according to experts with SANS Institute, one of the world's top IT security ... 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Microsoft warns of new Excel vulnerability Attackers are exploiting a vulnerability that lies within several versions of the Excel spreadsheet program, Microsoft warned late Tuesday. Web flaw yields free MacWorld VIP pass For the second year running, security researcher Kurt Grutzmacher has found a way to get a free "Platinum" pass to the MacWorld Conference & Expo, being held in San Francisco this week. WORTHWHILE WEB SITES For both work and pleasure, here are 20 useful sites for IT professionals. ASK THE MAGIC '08 BALL Take a look at the eight hottest technologies for 2008. SPONSORED BY CA Live Webcast - Latest PPM Research Findings On January 24th at 9:00 a.m. PST, join Forrester Senior Analyst Lewis Cardin who will share the latest PPM research findings, including why PPM implementation is rising and how to select the best PPM system. Register now and receive your copy of "The Forrester Wave(tm): Project Portfolio Management Tools, Q4 2007". 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