In addition to emphasizing the relevance of such business activity to federal procurement decisions, this process might, at minimum, urge the establishment of global security risk management programs, much like export controls already in force.

CENTERFORSECURITYPOLICY: Doing business with Iran

The scandal has reverberated through the British political establishment, led to dozens of arrests on suspicion of criminal activity and forced News Corp. to pay hundreds of thousands of pounds in compensation to the victims of phone hacking.

CNN: James Murdoch blames underlings in phone-hacking inquiry