Royal Philips Electronics has reported that it experienced a "possible security event" affecting part of its Web site on Monday.

"The compromised server was shut down within an hour of Philips employees discovering the breach, the company said," writes PCWorld's Grant Gross.

"'We are currently assessing the nature and extent of information that may have been accessed and a full investigation is in place,' the company said in a statement," Gross writes.

Go to "Royal Philips Electronics Reports Web Security Breach" to read the details.

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