Archive for March, 2009

Online Banking Fraud Increases Significantly

Online banking – the comfort of all the banking processes at the click of a mouse. So convenient and so time saving. These are the main features that made online banking so popular within few months of its launch.

But there are some concerns with online banking as it would be with any online-related activity. The main issue with online banking is security. The online baking fraud is also increasing day-by-day with the increase in online banking industry. The fraud has reached £52.5 millions mark in UK. This shows the severity of the issue.

Online baking fraud has doubled in UK from £22.6 millions in 2007 to £52.5 millions in 2008.The main issue with the stealing happened here is with the online usage of credit and debit cards.

Fraudsters have chosen mainly people buying goods online with their cards. This issue has the potential to affect the E-Commerce very seriously.

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IE 8 Gets Hacked Inspite Of Microsoft’s Lauds

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Ie 8 Gets Hacked Inspite Of Microsoft’s Lauds

Microsoft is releasing Internet Explorer 8, Mozilla is into releasing Fennec and Google into New beta of Chrome browser. With all these big browsers with big brands entering into the market, a question arises how safe are they?

You know how hacking has become a serious problem. Amid of these it is not only viable to use the older browsers but also to use the newer ones’ without knowing their security levels.

When Microsoft was marketing its new Internet Explorer 8, the main features it lauded of were ActiveX lockdowns, Automatic crash recovery, InPrivate browsing and Filtering, XSS filter, Data Execution Detection, etc. The words are big, but did not work when they actually had to. It was hacked within few minutes, in 10th annual CanSecWest Conference. So you know the new IE 8, with all its big security features, is still vulnerable. And the vulnerability is said to increase by adding new add-ons to the browser.

Suggested Reading:
5 Important Tips To PPC Internet Marketing
T.V ad in CBS and NBC
Differences Between Internet Advertising and Traditional Advertising
Online shopping Advantages and disadvantages
Online Banking Fraud Increases Significantly
Online Insurance Difficulties In Northern Ireland

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Automakers Get A $5 Billion Aid From Fed

The Federal treasury department announced an aid of $5 billion to aid the auto industry out of troubles. This could help all the (or most of them) companies of auto industry ranging from auto parts suppliers to giant carmakers like GM.

Mainly this aid is going to help the Big Three – General Motors, Chrysler LLC, and Ford Motors Corp, out of their recent troubles due to economic downturn.

The Fed is to provide the huge amount from its TARP (Troubled Assets Relief Program). Automakers GM and Chrysler asked for a $25 billion aid to help them revamp themselves as well as the struggling industry. Till now they received an aid of $17.4 billion; but this big amount only helped the two industries to survive from bankruptcy. Now they are asking for an additional $21.6 billion in aid.

This entire program is to help the Suppliers of auto parts to these giants from getting affected due to payment delays or disrupts.
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