Financial

Financial (4)

The Financial category represents the allocation of assets.  This could be short term or over time under conditions of certainty and uncertainty.  Of interest are how assets are priced based on their risk level and the expected rate of return. Broadly, most financial issue fall into three distinct sub categories: public finance, corporate finance and personal finance.

Banking Malware Hijacks Webcams and Microphones

Wednesday, 23 May 2012 10:50 Written by
Banking Malware Hijacks Webcams and Microphones

A new variant of SpyEye malware allows cybercriminals to monitor potential bank fraud victims by hijacking their Web cams and microphones, according to security researchers from Kaspersky Lab May 21. SpyEye is a computer trojan that specifically targets online banking users.

Like its older cousin, Zeus, SpyEye is no longer being developed by its original author but is still widely used by cybercriminals. SpyEye’s plug-in-based architecture allows third-party malware developers to extend its original functionality, a Kaspersky Lab malware researcher said.

China Implicated in Email Attacks

Tuesday, 30 March 2010 14:11 Written by
China Implicated in Email Attacks

China is the number-one source of email-borne targeted attacks of the sort Google and at least 30 other companies are believed to have suffered, according to the latest monthly MessageLabs Intelligence report from Symantec Hosted Services. The firm analyzed the email headers of suspect messages intercepted last month to identify the true IP address of the senders, and found that around 28 percent of targeted attacks originated in China.

CEOs Fail To Support Data Security Efforts

Friday, 20 November 2009 02:51 Written by
CEOs Fail To Support Data Security Efforts

[ed: IT is carrying the water and splitting the firewood, while business considers the lack of investment -- "risk management" -- it's all about money, politics, and time value. There is no real accountability at the top.]

More than half of IT and security professionals worldwide believe their company’s laptops and other mobile devices pose security risks to their organizations, and only half of them have CEOs who are strong advocates and supporters of data security efforts, according to new report issued today.

BP Fined $87 Million

Monday, 02 November 2009 02:56 Written by
BP Fined $87 Million

BP (Beyond Petroleum laf!) has been fined a record $87m (£53m) for failing to correct safety hazards at its Texas City refinery in the U.S. The $87m fine is the largest in OSHA’s history. An explosion in 2005 at the Texas plant killed 15 people and injured 180 more. The safety violations found "could lead to another catastrophe", US Labor Secretary Hilda Solis said.

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