(elitedaily.com)

NASDAQ cops to "arrogance" and "overconfidence" in the lead-up to the Facebook IPO. [Wall Street Journal]

When will people learn that you can't sue Google for linking to something embarrassing? Otherwise the search engine would be worthless. [TechDirt]

Teens lie about what they do on the Internet. In other news, the sun rose in the east this morning. [TG Daily]

Conde Nast mags including Wired and The New Yorker are cooling on Flipboard, just as the Times ramps up its relationship. [AdAge]

A team of scientists managed to hack RSA's supposedly ultra-safe SecurID 800 security device, which we assume means more than a few Wall Street IT pros are being pulled into emergency planning meetings right this minute. [Ars Technica]

Microsoft buys Yammer, to the surprise of absolutely no one. [Microsoft Blog]

The firm surveyed 1,861 IT and security pros, the majority from organizations bigger than 500 employees. 64 percent expect to face cyber attacks in the next six months, and 61 percent point to Anonymous and its hacktivist fellow travelers as the most likely attackers. More generally, a solid two-thirds of respondents believe we’re really seeing an uptick in the rate of attacks, thanks to more hackers, stronger state-sponsored efforts, and so forth. They’re not exactly pulling that out of thin air, either. For one thing, attacks on financial companies tripled year-over-year in the first quarter of 2012.

It doesn’t sound like IT folks are feeling too good about their current security solutions, either. A mere 26 percent feel that their organizations’ laptops and desktops are protected, which goes a long way toward explaining why it feels like major breaches occur every couple of weeks.

The answer, as always, is better best practices: Get employees to stop opening sketchy email attachments and using random thumb drives. But given that even a security juggernaut like RSA can be brought low by spear phishing, that’s far easier said than done.