Saturday, July 22, 2006

HSBC claims customer fraud…

This news item appeared in networkworld.com.

They report that HSBC Electronic Data Processing alleged that Nadeem Kashmiri accessed personal information, security information and debit card information of some of its U.K. customers and passed it to "co-fraudsters" who conducted phony transactions through cash machines, debit cards and telephone banking services.

Officials at HSBC Electronic Data Processing were not immediately available for comment.

Courtesy: networkworld.com

Once, a few years ago, I too was a victim of HSBC credit card fraud. I found an unauthorized charge in my credit card statement. I immediately reported it to HSBC, who promptly credited it back to my card.

I don't know how else I can protect my PC, through which I do all my transactions online.

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Wednesday, July 19, 2006

New RFID Threat.

Wake up netizens. Take notice of this new threat to your computers.

Read the this news story by FreeMarketNews.com

“According to a BBC News story, the latest batch of malicious hackers might target Radio Frequency ID tags to attack computer systems.

Expert security researchers have now successfully infected an RFID tag with a computer virus, thus demonstrating how vulnerable this technology might be to such hackers. They urged tag manufacturers to introduce safeguards to guard against RFID-borne bugs.

Andrew Tanenbaum, one of the researchers in the computer science department at Amsterdam's Free University that did the work, reportedly said their efforts were "intended as a wake-up call. We ask the RFID industry to design systems that are secure."

News source: Free-Market News Network

As per wikipedia.org Radio Frequency Identification (RFID) is an automatic identification method, relying on storing and remotely retrieving data using devices called RFID tags or transponders. An RFID tag is an object that can be attached to or incorporated into a product, animal, or person for the purpose of identification using radio waves.

The purpose of an RFID system is to enable data to be transmitted by a mobile device, called a tag, which is read by an RFID reader and processed according to the needs of a particular application. The data transmitted by the tag may provide identification or location information, or specifics about the product tagged, such as price, color, date of purchase, etc.

Courtesy with gratitude: Wikipedia.org and Free-Market News Network

This blog post is sponsored by a leading seller of credit cards.
The latest web release of bizjournals.com is quite informative and pretty useful too.
It encourages you to conduct a free credit search, with no obligations whatsoever that will leave you well-informed about the various terms and conditions of usage of each individual credit card, along with its online application link.

It goes on to say that a credit card is a great way to enhance our daily lives. When used responsibly credit cards help consumers purchase goods and services, and to pay for them on an affordable budget and timeline.

At the same time, a bad credit card decision is sure to affect your specific financial or credit needs. Therefore, you should always consult your financial advisor before applying for any credit card. Along with enabling the purchase of items, it also allows a person to carry less cash.

Additionally, credit cards allow for any number of contingencies when access to savings or checking accounts is not possible.

I personally agree on the important point raised by them regarding the necessity of possessing a credit cards while traveling abroad because no matter whether you're traveling across town or across the country, it is usually easier with a credit card. Most hotels and rental car companies will not take a reservation without a credit card.

Bizjournals is the online media division of American City Business Journals, the nation's largest publisher of metropolitan business newspapers.

Monday, July 17, 2006

An injustice which went unnoticed.

Well, it is almost a week since the episode of Zinedine Zidane, but the world is still talking about it and will continue to do so for a long time.

I request your attention now to turn in the direction of simmons jannace & stagg,who were determined to help another sports personality.

It is Nancy Burpee, who set world records in the 50 and 100 yard freestyle at the trials held in Minneapolis, Minnesota.

She was determined to participate in the 2004 Paralympic Games ( game for physically challenged persons).But she was disqualified by an Australian referee on a procedural technicality during the trials.

After her disqualification, Ms. Burpee telephoned Kevin P. Simmons, a partner at Simmons, Jannace & Stagg, and asked the firm to defend her case and to have the disqualification overturned.

In addition, Ms. Burpee requested that the firm commence an action against the United States Olympic Committee requiring the committee to name her to the Olympic Team.

The firm collected several testimonials from swim referees from Canada and Australia.
They agued that the Australian referee showed bias against Nancy, with an added comment indicating that the Australian referee did not want Ms. Burpee competing against an Australian paralympic swimmer.

Simmons, Jannace & Stagg also demonstrated that the United States Paralympic swim trials were not held in accordance with the paralympic rules.

But an independent arbitrator ruled against Ms. Burpee and declined to force the United States Olympic Committee to name her to the Paralympic Team.

It is time the athletes all over the world showed their united support to Nancy Burpeee by writing to the official bodies concerned and to other social service organizations.

Also the work and the spirit of the law firm represented by Simmons, Jannace & Stagg should also be commended.