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A place to share stuff that isn't at all fintec related but is amusing, absurd or scary.
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These statements on the ABA website and a linked article on their site. New data on payments fraud shows that while the value of transactions continues to climb, the incidence of fraud remains low. (Credit card fraud up 20% in 12 months) Fraud losses are currently around $5 per man woman and child per year. There were all sorts of poetic interper...
02 June 2008
Keith Appleyard IT Consultant at available for hire
Full story available at http://www.computerweekly.com/Articles/2008/05/30/230883/password-sharing-leaves-nhs-audit-trail-in-tatters.htm Investigators have been unable to trace a doctor involved a medical blunder that ended in a patient's death because staff in a Devon hospital had been sharing passwords. The doctor whose password was being used w...
02 June 2008 /security /regulation
Paul Penrose Head of Research at Finextra
Finblog's been out of action for the past ten days after suffering a traumatic amputation of the middle finger at the hands of a faulty lawnmower. I'll spare you the gory details, suffice to say the mangled finger-tip was considered not to be viable for transplantation and now resides in a pickle jar somewhere in the dark recesses of Bristol Infir...
30 May 2008 /security /retail
I can only hope that a company which profits by selling data about consumers might have at least a thought for those consumers. Identity theft is a growing problem and these 'information' companies are a party to ID theft when a fraudster gets credit in another person's name as a result of a credit reference provider giving the real person a goo...
20 May 2008
The latest window dressing rubbish from the 'security industry' has succumbed in less than three weeks. The green browser security bar carp has bit the dust already. These snake oil salesmen belong with the fraudsters. Paypal no less, you'd think with the amount of PR they spend telling us they're the safest, they could actually be half competent....
19 May 2008 /security
Ah - a genuine feel good story from the New York Times. Two would-be thieves made off with a selection of high-tech kit from a shared apartment, including an Apple laptop. When said item was spotted online the owner was able to login to another Mac and remotely control it, activating the built-in iSight camera and snap a picture of the perp. More ...
12 May 2008 /security
I have come to the realisation that the internet really is Pandora's Box, in the sense that it contains many things, but more importantly it's like a magic box that even if you don't see what you want there already, if you throw in the right words the thing you desire just might appear. Not like a prayer but more like a challenge. I'm sure I'm no...
12 May 2008
Recieved this fun phishing attempt recently: GRANT/DONATION CASH AID AWARD. http://www.fondazionedivittorio.it DON"T GO THERE! Dear Sir/Madam, NOTIFICATION FOR CASH AID The Fondazione Di Vittorio, would like to notify you that you have been chosen by the board of trustees as one of the final recipients of a Grant/Donation cash ai...
08 May 2008
Much of western Sydney (Australia) was without telephone and internet last weekend and the reasons have come to light. In an attempt to take out the EFTPOS network to carry out fraudulent manual transactions, criminals cut the wires to what they thought was a suburban Westfield shopping centre, unwittingly cutting internet and landline phones for...
07 May 2008 /payments /regulation
Of all the problems you might anticipate with hosting your application with a third party host or ISP - having the servers nicked might not be very high up the list, however it seems some n'er do wells have made off with the kit that hosted Peter Gabriel's online presence.
06 May 2008 /security
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