Microsoft has claimed that the threat of "Cookie-jacking" exposed by Italian security researcher is not much to worry about.

Issue is not high risk: Microsoft
According to various sources, Microsoft, in a statement, has downplayed the threat and believes that the users are unlikely to face any impact due to the level of complication in the process.

Microsoft spokesman, Jerry Bryant said, "Given the level of required user interaction, this issue is not one we consider high risk in the way a remote code execution would possibly be to users."

Miffed by the recent hacking of its Playstation network, Sony chairman and chief executive Howard Stringer apologized to all the users who were a victim of the attack, and announced its plan to protect the users with an identity (ID) theft protection program and $1 million insurance guarantee.

With the help of Debix, a popular ID protection service provider, the offer will be available to millions of users of PlayStation network and Qriocity for free for a year from the time they register for the service.

In his blog post Stringer wrote, "As a company we — and I — apologize for the inconvenience and concern caused by this attack."

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LastPass, a company which provides online password management and form filling, has declared itself as a possible victim of internet hackers.

The company which offers its services to millions, is now advising its users to change their master password which is used to retrieve stored passwords and other information.

According to LastPass CEO Joe Siegrist’s blog post, "We know roughly the amount of data transferred and that it's big enough to have transferred people's e-mail addresses, the server salt and their salted password hashes from the database. We also know that the amount of data taken isn't remotely enough to have pulled many users' encrypted data blobs."

Company to assume the worst

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