News (2)

  • SEC fails own security and accounting tests

    The Securities and Exchange Commission has weaknesses in its information security and accountancy practices that should prevent fraud and ensure financial accuracy in other companies, according to auditors.

  • U.S. agency urges revocation of EDS contract

    Congress' auditing arm has recommended that a government contract with Electronic Data Systems, potentially worth roughly US$860 million, be overturned, another bit of bad news for the information technology services giant.

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