Top McAfee Official Named To U.S. Homeland Security Cyber Post

Wochit 0:52 mins

A senior executive with Intel Corp's McAfee anti-virus software division was named the top cyber official at the U.S. Department of Homeland Security, filling a position that has already turned over a couple of times this year. The Indian rupee plummeted to a record low against the dollar leading a rout by Brazil's real and other emerging market currencies seen by investors as the most vulnerable to an exodus of foreign capital. A fierce selloff in many emerging currencies shows no sign of abating as the expected withdrawal of U.S. monetary stimulus prompts investors to shun markets seen as riskier because of funding deficits, slowing economies and inflation.

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