An Ohio judge dismissed a lawsuit brought by two former Ohio University students in response to the schools April 2006 data breaches.

Online media company and accused adware distributor Zango said Tuesday it will drop its case against PC Tools after alleging the anti-spyware provider unfairly blocked Zango software.

Here is an update from the IT security industrys boardrooms.

Harry hack A hacker named Gabriel claimed to have breached the networks of the UKs Bloomsbury Publishing, uncovering the ending of Harry Potter and the Deathly Hallows prior to its release. Experts contended that the claim, posted on hacker websites, was likely a sham, saying that if accurate more evidence would otherwise have been offered.

SC Magazine has relaunched its podcasts as a weekly conversation with the experts on the most pressing IT security topics.

Historically, IT security has been a business cost center. However, with the scope and scale of recent data breaches, including the TJ Maxx fiasco, consumers are becoming very weary of doing business with organizations that dont adequately protect personal and financial information.

Webster defines security as, the quality or state of being free from risk of loss and that measures [are] taken to guard against espionage or sabotage, crime, attack or escape.

Here are the latest happenings from the boardrooms of the IT security world.

Campus exploit Hackers exploited an unpatched flaw and a disabled firewall to infiltrate a server at the University of Colorado, Boulder, compromising the personal information of nearly 45,000 students. Attackers exploited a flaw in Symantecs Norton AntiVirus to launch a worm into the server of the College of Arts and Sciences Academic Advising Center, making off with student info.

Just a week after taking home the Rookie Security Company of the Year prize at the 2007 SC Magazine Awards Gala, The 41st Parameter landed an unexpected meeting with an industry heavyweight. Ori Eisen, founder and chief innovation officer at the Scottsdale, Ariz.-based anti-fraud firm, says executives from Oracle who attended the annual awards ceremony were impressed with The 41st Parameter and wanted to learn more about the company after seeing it win.