Evolving fraud strategies to battle cybercriminals

first_imgCyber Monday in 2014 saw online spending totals north of $2 billion for the first time ever. This is just one piece of evidence supporting the increased online shopping behaviors of U.S. consumers. Pair that with increasingly sophisticated fraud maneuvers, and payment cybercrime becomes a very hot topic. So hot, in fact, it was one of the major themes of this year’s TMG Executive Summit.The recently released “Threatmatrix Cybercrime Report” takes a closer look at the growing problem of online and mobile payment fraud. The report found device, identity and geographic “spoofing” attacks are now the most frequent forms of attack. If you are unfamiliar with geographic spoofing attacks, it’s a method in which crooks gain unauthorized access to a device and then send messages that appear to be coming from a trusted source.Mobile usage continues to rise, accounting for up to 31 percent of transactions. The study explains how identity theft (much of which stems from last year’s data breaches) and increased mobile transactions have come together to effectively drive up mobile payment fraud. Cybercriminals are increasingly creating new “fake” accounts to make use of these stolen credentials. continue reading » 45SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Before you retire, what does your family think?

first_imgYou’re starting to think it’s time to retire and launch your next adventure. To celebrate, you’re buying a sailboat — one the whole family can enjoy on weekends and vacations. They’ll love it, right? This post is currently collecting data… 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In reality, your family members (i.e. your grown children) might have different ideas about both your retirement and their free time. And until you communicate your plans with them, you’ll likely end up adjusting your expectations.You might be thinking: Shouldn’t I do what I want to do? Since it’s my retirement, why consult my children about it?The fact is, when your plans could affect their lives and time, it’s important to share with them what you’re thinking. Your adult children might have a different idea about how they want to spend their free time — which is in short supply. This is placeholder text continue reading »last_img read more

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Biden campaign staffer slams Facebook for ‘shredding the fabric of our democracy’

first_imgA Biden campaign staffer publicly condemned Facebook over its handling of the election aftermath late Monday, claiming it is “shredding the fabric of our democracy.”Bill Russo, deputy communications director for the Biden campaign, sent out a series of tweets criticizing Facebook’s handling of misinformation and calls for violence related to the election. Russo specifically called out Facebook’s handling of posts by Steve Bannon, a former advisor to President Donald Trump, and the news outlet Bannon previously ran, Breitbart.- Advertisement – – Advertisement – Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019.Erin Scott | Reuters The criticism could be an early indication of President-elect Joe Biden’s approach to the social media platform and potentially the tech industry at-large. Biden has given few hints about how he would handle the laundry list of concerns around the tech industry, which span from content moderation to antitrust issues.But the sparse comments he has given so far do not bode well for the tech industry and specifically for Facebook.“No, I’ve never been a fan of Facebook, as you probably know,” he told the New York Times Editorial Board, according to a transcript published in January. “I’ve never been a big Zuckerberg fan. I think he’s a real problem.”- Advertisement –center_img Biden also told the Times he believed Section 230 of the Communications Decency Act, which protects tech platforms from being held liable for their users’ posts, should be “revoked.” That’s a far bolder stance than most lawmakers on ether side of the aisle have stated, given that the law also allows platforms to take down objectionable posts, like those promoting violence or harassment.Facebook banned a network of pages linked to Bannon on Monday for “artificially boost[ing]” the number of people who would get to see their posts on the platform. A group originally called “Stop the Steal,” which amplified Trump’s baseless claims about election fraud, was among the pages Facebook found to have violated its policies and removed. A Bannon spokesperson did not provide comment on the removals Monday.But according to Russo, the action was too little too late. The group had already exposed thousands of users to the baseless theories and several more popped up after its removal, according to Russo.Facebook did not immediately respond to a request for comment.Russo also criticized Facebook for maintaining Bannon’s page on its platform after Bannon called for the beheading of government infectious diseases-expert Dr. Anthony Fauci and Federal Bureau of Investigation Director Christopher Wray in a podcast. Twitter suspended the podcast from its platform and Google-owned YouTube also took down the episode.After Bannon released the episode, his lawyers defending him on charges that he defrauded donors to a nonprofit sought to be released from his case.Russo contrasted Facebook’s approach to election misinformation with Twitter’s, which has more aggressive policies for labeling potentially misleading information. He claimed while Twitter prevented election misinformation from Trump from being spread widely, “Facebook continued to actively promote the posts in feeds.”Russo said in a tweet that the campaign had “pleaded with Facebook for over a year to be serious about these problems. They have not.”The messages signal Facebook is likely to face continued scrutiny under the Biden administration. The company has been under investigation by the Federal Trade Commission and a coalition of states over antitrust concerns for well over a year. The federal agency could bring charges against Facebook as soon as this month, according to Politico.Subscribe to CNBC on YouTube.WATCH: Here’s why some experts are calling for a breakup of Big Tech after the House antitrust report – Advertisement –last_img read more

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Philips scheme to replace PGGM with Blue Sky as admin

first_imgThe €21bn Dutch pension fund of electronics giant Philips said it wants to move its administration from PGGM to Blue Sky Group.It said the two players had signed a declaration of intend to outsource both the administration and communication services for its 98,000 participants and pensioners as of 1 January 2021.The pension scheme added that it expected negotiations to be completed soon.Last year, the Philips Pensioenfonds announced it would seek a new provider, as it wanted to be optimally prepared, albeit “against reasonable costs”, for the changes that would come with a new pensions system. The asset owner said it wanted a provider with a more flexible IT system with proven qualities.A spokesman explained that the scheme’s search for the best IT system had been complicated, as several providers will replace their existing systems in the coming years.“We wanted a system that is prepared for the future, has proven flexible qualities and offers a good price-quality ratio.”In its annual report for 2018, Roel Wijmenga, the scheme’s chair, said he was worried about the expected costs of a transition to a new system with a degressive pensions accrual rather than the current average one.He said he feared the pension fund would have to bear most of the costs – estimated at hundreds of millions of euros – of compensating older participants, who will be negatively affected by the change.In 2016, the Philips Pensioenfonds replaced Aon Hewitt with PGGM as pensions provider. The change lead to a significant drop in administration costs.The scheme reported costs per participant of €112 for 2018. Of total annual costs of €6.7m, €1.6m was attributed to the board and the pension fund’s administrative bureau.The fund highlighted that the search for a new provider had not been triggered by below standard service or PGGM’s renewed focus on the care sector.It declined to say how many providers had been involved in the selection process.It said that consultancy Sprenkels & Verschuren, IT advisor IG&H and IT service management firm Quint Wellington Redwood had assisted in the selection process.The Philips Pensioenfonds is to become Blue Sky Group’s largest client. At the moment, Blue Sky is the provider for 13 pension funds, including KLM’s schemes, with 87,000 participants and pensioners in total.The scheme has outsourced its asset management to BlackRock since 2005. At the time, it left Merrill Lynch Investment Managers, which merged with BlackRock a year later. It said it is not considering switching asset managers.last_img read more

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Two Yampiece residents reportedly missing

first_imgLocalNews Two Yampiece residents reportedly missing by: – March 15, 2012 Share 19 Views   one comment Photo credit: comicvine.comPolice has confirmed to Dominica Vibes News that two missing persons report has been filed at the Criminal Investigations Department.While police has only confirmed that the reports were filed, Dominica Vibes has learnt that the case may have been a kidnapping incident.Last night police officers were seen in full force in that community but it was unclear what transpired and they are not willing to provide further details at this time.Dominica Vibes News has been reliably informed however that the missing persons might be linked to an alleged robbery incident in that community.We will continue to follow that story and bring you credible information as it becomes available.Dominica Vibes News Tweetcenter_img Sharing is caring! Share Sharelast_img read more

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US astronauts enter space station in milestone mission

first_imgThe arrival completed the first leg of the trip, designed to test the capabilities of the Crew Dragon capsule. But the mission will only be declared a success when the astronauts return safely to Earth in a few months’ time. NASA astronauts entered the International Space Station on Sunday after a landmark 19-hour journey on the first crewed United States spacecraft in nearly a decade, a triumph for SpaceX and private enterprise. Douglas Hurley (R) and Robert Behnken (2ndR) arrive at the International Space Station, to be greeted by other astronauts The spaceship’s hatch opened at 1:02 p.m. Eastern Time (1702 GMT) as Bob Behnken and Doug Hurley carried out final procedures before crossing the threshold about 20 minutes later. Wearing black polo shirts and khaki pants, they were greeted by fellow American astronaut Chris Cassidy, as well as Russia cosmonauts Anatoli Ivanishin and Ivan Vagner.  (AFP)last_img read more

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Richards sizzles at Thomas County

first_imgTerry Richards led every time around the track in winning the Friday night United Rebel Sprint Series Summer Sizzler Week feature at Thomas County Speedway.COLBY, Kan. (July 7) – Terry Richards put in a dominating performance as he led every lap of night two of the Summer Sizzler Week for the United Rebel Sprint Series at Thomas County Speed­way.The 25-lapper ran green to checkered. Jake Martens charged past Scott Rhoades for second at the halfway mark and began reeling in Richards but fell short of reaching his back bumper.The win was Richards’ URSS first. Zach Blurton made a late-race charge of his own to capture third, followed by Rhoades and Mark Walinder to complete the top five.Thirty-one cars vied.Feature results – 1. Terry Richards; 2. Jake Martens; 3. Zach Blurton; 4. Scott Rhoades; 5. Mark Wal­inder; 6. J.D. Johnson; 7. Patrick Bourke; 8. Nick Haygood; 9. Darren Berry; 10. Ty Williams; 11. Steven Richardson; 12. Todd Plemons; 13. Nate Berry; 14. Shane Sundquist; 15. Scott Cochran; 16. Buddy Tubbs; 17. Jed Werner; 18. Bob Schaeffer; 19. Coby Pearce; 20. Tracy Hill.last_img read more

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West Brom keeper Foster ruled out until Christmas after injury setback

first_img West Brom boss Tony Pulis confirmed that, while former Manchester United man Foster is expected to train in two weeks, he is unlikely to play again before December. He said: “It’ll be Christmas time I think, we’ve got to make sure we’re careful. He had a little setback which pushed him back a little bit. Thank God it wasn’t too bad and he’s up and running again now so fingers crossed he’ll be ready to go before Christmas. “I think, having spoken to Ben, the most important thing is for him to get fit and start playing for West Brom again and then if the Euros come for him then brilliant. But the most important thing is he’s got to get fit and get back into the team. “A couple of weeks and he’ll be on the grass, that’ll be a big boost.” Pulis has not ruled out a loan spell for Foster to boost his fitness after he brought in Anders Lindegaard on a free transfer from Manchester United. The 31-year-old made his debut in Wednesday’s 3-0 Capital One Cup defeat to Norwich but will return to the bench against Everton on Monday with Boaz Myhill current number one. Myhill has kept four clean sheets in six Barclays Premier League games and Pulis insisted Lindegaard must wait for his chance in the league. “I don’t think Boaz has done anything wrong,” he said. “But it was Anders’ first game for ages so I was pleased.” Press Association Ben Foster’s Euro 2016 hopes have suffered a blow after the West Brom keeper was ruled out until Christmas following an injury setback.center_img The 32-year-old has been out since March after damaging his cruciate knee ligament and had been expected back next month. In his absence Burnley’s Tom Heaton and Stoke’s Jack Butland have broken into the England squad, while Southampton’s Fraser Forster is also fighting to return before next year’s tournament in France after his own serious knee injury last season. last_img read more

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CMRC Super Stock championship 2016….

first_imgOne title, three VieirasTHE ongoing ‘love affair’in the 2016 Seaboard Marine Caribbean Motor Racing (CMRC) Super-Stock Championship will come to an end in Guyana in just over three weeks.The affair for the title will see current holder and defending champion Elliot Vieira, his cousin and current point leader Matthew and another cousin,Stephen,and it could could have bitter repercussions come November 13 as only one can emerge champion.And while they are relatives off the track,when they are aboard their respective motor-cycles on race day, it’s an ‘every man for himself’ race with no holds barred.Current leader Matthew is in the pole position to win the title,having a total of 166 points from three legs, (30 points from Jamaica, 75 from Trinidad and 61 from Barbados).According to the Caribbean Motor Racing Association (CMRA), the body that manages the CMRC, in the event that there are 4 rounds to the championships in one calendar year, riders will score points from their best 9 finishes. Each round consists of three races.Points are awarded using the Formula 1 scoring system (25 points for 1st, 18 for 2nd, 15 for 3rd, 12 for 4th, 10 for 5th, 8 for 6th, 6 for 7th, 4 for 8th, 2 for 9th and 1 for 10th) and Matthew has the possibility of increasing his points following a torrid Jamaica leg in which he only scored 30 points (12, 18 and 0).With a total of 75 points on offer, in the best case scenario, Matthew could move his points to 211 if he wins all three races and will automatically secure his maiden title.However, should he finish behind Stephen in all three races, he would fall seven points short of the title. Stephen has 122 points from two legs (68 in Jamaica and 54 in Trinidad) and will increase his points once he finishes in the top 10 at South Dakota.At most, all Matthew needs to do is to finish first in one race and higher than third in the other two to carry home the title.For the defending champion Elliot, things are much more complicated. His retaining the title is dependent firstly on him winning all three races with Matthew finishing outside the scoring region and Stephen finishing third or lower on all three occasions.With a total of 93 points, the addition of three wins, (75) points would push Elliot up to 168 and three third place finishes will only add 45 to Stephen’s 122, taking him to 176, a point behind the defending champion.All in all,when the dust settles one of the Vieiras will be crowned champion.As to which one it will be, fans will need to turn out to the South Dakota Racing Circuit on November 13 for the Final round of the 2016 Seaboard Marine CMRC.last_img read more

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Update on the latest sports

first_imgDjokovic tops Thiem, wins 8th Australian titleMELBOURNE, Australia (AP) — Novak Djokovic (NOH’-vak JOH’-kuh-vich) has won a record-extending eighth Australian Open championship, beating Dominic Thiem (teem) 6-4, 4-6, 2-6, 6-3, 6-4. No other man in the history of tennis has won this tournament more than six times.It’s the 17th Grand Slam title for Djokovic, who has five titles from Wimbledon, three from the U.S. Open and one from the French Open. Only Roger Federer, with 20, and Rafael Nadal, with 19, have won more men’s Grand Slam singles trophies.Djokovic’s victory means he will return to No. 1 in the rankings, replacing Nadal.Thiem was appearing in his third major final. He has lost them all. IOWA CITY, Iowa (AP) — Luka Garza bounced back from a slow start to score 25 points and No. 18 Iowa clamped down in the final four minutes to beat No. 19 Illinois 72-65. Garza is the Big Ten’s top scorer, but he didn’t have a point in the first 15 minutes. He wound up making a career-high four 3-pointers and shot 9 of 16 overall. He also had 10 rebounds for his 13th double-double of the season. Andres Feliz scored 17 points for Illinois, which had won seven in a row.PGA-PHOENIX OPEN-KOBE BRYANTPGA Tour remembers Kobe Bryant with 16th-hole pin positionSCOTTSDALE, Ariz. (AP) — The PGA Tour joined players with a 16th-hole tribute to Kobe Bryant on Sunday at the Waste Management Phoenix Open, using his two Lakers uniform numbers to cut the final-round pin position on the stadium par 3.The pin was placed 24 yards from the front edge and 8 yards from the left edge, putting it in the back left corner of the green on the rowdy hole that holds more than 20,000 fans. If the 49ers win they’ll tie the record shared by Pittsburgh and New England. The 49ers also are looking to be only the second team to go from 4-12 the previous season to the top of the heap. They haven’t won it all since the 1994 season.The Chiefs are making their third appearance in the Super Bowl, a name their founder Lamar Hunt came up with. But it’s their first time back since 1970, when they beat the Minnesota Vikings in the fourth Super Bowl, the final AFL-NFL matchup. The leagues merged the following season.Weather for the NFL’s biggest game is expected to be perfect. There is a cloudless blue sky in Miami Gardens, Florida — where the temperature is a bit unseasonable by South Florida standards. Forecasters say it’ll be around 61 degrees at kickoff, cooling into the upper 50s as the night goes along.Kick-off is 6:30 p.m. Eastern tonight.TENNIS-AUSTRALIAN OPEN NBA-NETS-IRVING OUTKyrie Irving out at least a week with right knee sprainNEW YORK (AP) — Kyrie Irving will miss at least a week with a sprained medial ligament in his right knee.The Brooklyn Nets star had an MRI exam Sunday that confirmed the team’s diagnosis after he was injured Saturday in Washington.Irving got hurt in the fourth quarter of a 113-107 loss, when he and Wizards guard Bradley Beal got tangled battling for a loose ball and Irving’s knee twisted as he landed on the court. He stayed down for a couple minutes before remaining in the game for the jump ball — in which he didn’t jump — and then left the court and went to the locker room. Irving had his highest-scoring game of the season the previous night, scoring 54 points in a victory over Chicago.The Nets said Irving will be re-evaluated in a week. He will miss at least home games against Phoenix and Golden State — whose point guard, D’Angelo Russell, he replaced on the Nets — as well as a game at Toronto.Irving previously missed 26 games in his first season in Brooklyn with a right shoulder injury. He also sat out one after returning with hamstring tightness and didn’t play last Sunday after learning of Kobe Bryant’s death while preparing to face the New York Knicks.NHL-SCHEDULEPenguins best Caps 4-3 Associated Press NBA-SCHEDULEPistons beat Nuggets 128-123 in OTDETROIT (AP) — Andre Drummond had 21 points and 17 rebounds, and the Detroit Pistons rallied from an early 21-point deficit to beat the Denver Nuggets 128-123 in overtime, snapping their five-game losing streak. Reggie Jackson added 20 points and Bruce Brown scored 19 for Detroit. Drummond fouled out with 2:43 left in overtime.Nikola Jokic (NEE’-koh-lah YOH’-kich) had 39 points, 11 assists and 10 rebounds for Denver. His 3-pointer with 29.4 seconds left made it 126-123, but Thon Maker answered with an alley-oop dunk at the other end to push the lead to five.Rookie forward Michael Porter Jr. joined the list of injured Denver players, missing the game because of a right ankle problem. The Nuggets are also without Paul Millsap (left knee), Jamal Murray (left ankle) and Mason Plumlee (right foot). February 2, 2020 Update on the latest sports WASHINGTON (AP) — Matt Murray made 29 saves and the Pittsburgh Penguins beat the Washington Capitals 4-3 in the 50th regular-season game between Sidney Crosby and Alex Ovechkin (oh-VECH’-kin). The Penguins crept within four points of the Metropolitan Division-leading Capitals with an extra game left to play. They’re 2-0 out of their bye week and have won five of seven since Crosby came back. They’ve won 31 of the 50 Crosby versus Ovechkin games dating to their NHL debuts during the 2005-06 season.Sam Lafferty, Patric Hornqvist, Dominik Simon and Brandon Tanev scored for Pittsburgh. Rookie goaltender Ilya Samsonov allowed four goals to lose his first career start against the Penguins.Ovechkin was held off the score sheet and remains at 695 career goals.T25-MEN’S COLLEGE BASKETBALLIowa tops Illinois 72-65 Share This StoryFacebookTwitteremailPrintLinkedinRedditWhatsappNFL-SUPER BOWLThe big day has arrivedMIAMI (AP) — History will be made in this year’s Super Bowl at the Hard Rock Stadium. Either the San Francisco 49ers will equal the most Lombardi Trophy victories with their sixth, or the Kansas City Chiefs will take their first title in a half-century. It’s the first time the Chiefs and the 49ers face off in a Superbowl. Bryant, daughter Gianna and seven others were killed a week ago in a helicopter crash in California.Third-round leader Tony Finau (FEE’-now) and fourth-ranked Justin Thomas have donned Bryant jerseys on the hole. Finau birdied it Friday and Saturday wearing a yellow No. 8 Lakers jersey. Thomas has worn a white No. 33 Lower Merion High School jersey, selecting it over a Lakers jersey that he also brought from his collection.WORLD WCUP-WOMEN’S SUPER-GBrignone wins super-G in overall leader Shiffrin’s absenceROSA KHUTOR, Russia (AP) — Federica Brignone (feh-deh-REE’-kah breen-YOH’-nay) won a women’s World Cup super-G after overall leader Mikaela Shiffrin sat out the race on Sunday, strengthening her runner-up position in the standings. The win left the Italian 270 points short of Shiffrin’s leading tally.The American three-time overall champion decided to skip the races in the 2014 Olympic resort after winning the previous super-G and a downhill in Bulgaria a week ago.Shiffrin, who won the super-G world title and discipline standings last year, was not the only top contender to sit out this weekend’s races. Slovakia’s Petra Vlhova and Italy’s Marta Bassino also refrained from traveling to Russia.last_img read more

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