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Today's Tech: Facebook, Samsung and Nokia unite to get world connected to web and NSA spying covers 75% of US Internet traffic

The IT security sector is running the risk of harming its reputation with sensationalist claims, says one industry insider, after US vendor McAfee was forced to admit the $1 trillion figure it slapped on the cost of cybercrime was significantly overstated. In 2009, McAfee released a report attempting to calculate the financial impact of cyber-attacks globally, taking into account the loss of intellectual property among businesses and the money spent on repairing damages, among other factors. But in a recent interview, McAfee's global CTO Mike Fey said he regretted the gargantuan $1 trillion (£640 billion) estimate the firm attached to the report, and admitted that even the more conservative calculations offered by his company since were "hard for me to swallow." George Anderson, Enterprise Product Marketing Manager at fellow security firm Webroot, says estimates of this kind have a detrimental effect on his sector as a whole, and called for an end to alarmist reports. "The security industry has often been accused of using FUD (Fear, Uncertainty & Doubt) to scaremonger and that has to stop – we need to cut the FUD, the fear and the frenzied reaction it instigates," he said. "This [the McAfee report] is another case in point of how an estimation that is wildly off the mark can create consumer distrust and further confusion in the market."

LG Display has announced the world's first Quad HD smartphone display. The 5.5in panel, which features a massive 2,560 x 1,440 pixel resolution, packs 538 pixels per inch (ppi). As the 'Quad HD' term suggests, this adds up to four times as many pixels as a 1,280 x 720 HD display. "LG Display, which pioneered the high resolution mobile market with introduction of the world's first Full HD smartphone panel in 2012, again opens new possibilities with the successful application of of QHD technology," said VP and head of LG Display's IT and Mobile Development Group, Dr Byeong-Koo Kim. The South Korean firm also claims that the 1.21mm thick panel is "the world's slimmest and narrowest." It will deliver 430 nits and what LG says will be an "optimal viewing experience" on large smartphones. The trend towards larger smartphones (and bigger smartphone displays) seems to be in full flow, and LG seems to be banking on this continuing into the future. LG Display has not yet revealed when its new panel will hit the market.

NSA surveillance programmes have the capacity to reach around three quarters of all US Internet traffic, with the agency routinely retaining the content of emails sent between US citizens inside the country. The revelations come from an investigation by the Wall Street Journal, which spoke to a number of current and former US government and agency officials. The 75 per cent figure is much higher than has been disclosed by the NSA. It has previously said only foreign communications are intercepted; indiscriminate spying on US citizens inside the country is illegal. However, officials told the WSJ that, although the systems are designed to search for communications which originate or end abroad, or are entirely foreign but pass through domestic servers, the filter's far reach means that domestic communications are often intercepted. For more on how the systems actually work, follow the link above.

Facebook CEO Mark Zuckerberg has announced a highly ambitious project aimed at bringing Internet access to the planet's entire population. Facebook is partnering with six other tech companies, including Nokia and Samsung, to launch the initiative that hopes to help connect "the next 5 billion people". It is estimated that 2.7 billion people currently have access to the web globally - just over one third of the world's 7.1 billion. Internet adoption is at 9 per cent per year; something that the project hopes to greatly accelerate. "There are huge barriers in developing countries to connecting and joining the knowledge economy. brings together a global partnership that will work to overcome these challenges, including making internet access available to those who cannot currently afford it," said Zuckerberg. The initiative will focus on three main areas: making access more affordable through bringing down the cost of data and smartphones; developing ways of using data more efficiently so less is needed to connect to the Internet; and helping businesses to create sustainable new models and services that make it easier for people to access the web.