Showing posts with label International news. Show all posts
Showing posts with label International news. Show all posts

Thursday, August 12, 2010

Trojan hacks 3,000 bank accounts


Computer hackers have stolen at least 675,000 pounds from thousands of bank accounts in Britain  using a malicious software, which expert believe the most dangerous virus ever created. About 3,000 online Banking customers have been victims of a computer virus attack that empties their accounts while showing them fake statements so the crime goes undetected. 

                                                                                                  




Experts have described the attack using a "trojan" virus as the most sophisticated and dangerous malware programme ever created, Daily Mail reported. The cyber crimnals stole an estimated 675,000 pounds between July 5 and August 4 and the attack is still progressing, experts warn. 

The latest virus is a variant of the Zeus trojan banking virus which first emerged three years ago and is called Zeus v3. M86 Security said, "We've never seen such a sophisticated and dangerous threat. Always check your balance and have a good idea of what it is." The scam was discovered after M86 gained access to the command-and-control server in Eastern Europe  running the thefts.
 
It collects data such as passwords and even transfers money out of accounts automatically, but only after checking if there is at least 800 pound available. Bradley Anstis, M86 vice-president of technology strategy, said, "This is an extremely sophisticated version of the virus and it cannot be detected by traditional security software." 
                                 The company said it was the most-sophisticated and dangerous virus yet seen and advised online banking users to check their balances regularly and have a good idea of what it should be. British high street banks do not believe they have become victims of the cyber criminals. 
                                                                                                                          A spokesman for HSBC said, "There are millions of viruses and other malicious software. We urge people to take basic measure to protect themselves from virus attacks. Any customer who is a victim of fraud will be reimbursed by HSBC." However, M86 said it believed one high street bank was breached and failed to act quickly after warnings last month. More than 100,000 personal computers in Britain have been infected with other forms of the trojan virus. 



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Wednesday, August 4, 2010

No Indian writer in 2010 Booker long-list

No Indian writer figures in this year’s long-list for the prestigious Man Booker Prize for fiction, which is considered the leading literary award in the English-speaking world. The 2010 shortlist for the £50,000 prize will be announced on September 7 and the winner will be revealed on October 12 at a dinner at London’s Guildhall.

Indian or Indian-origin writers had been prominent contenders for the prize in recent years, but they did not figure in this year’s long-list for the coveted prize. Two recent winners of the prize were Aravinda Adiga (2008) and Kiran Desai (2006).

The long-list includes Peter Carey’s Parrot and Olivier in America; Emma Donoghue’s Room; Helen Dunmore’s The Betrayal; Damon Galgut’s In a Strange Room; Howard Jacobson’s The Finkler Question, Andrea Levy’s The Long Song; Tom McCarthy’s Book Titled C; David Mitchell’s The Thousand Autumns of Jacob de Zoet; Lisa Moore’s February; Paul Murray’s Skippy Dies; Rose Tremain’s Trespass, Christos Tsiolkas’ The Slap; and Alan Warner’s The Stars in the Bright Sky.

The chair of judges, Andrew Motion, commented: “Here are 13 exceptional novels-books we have chosen for their intrinsic quality, without reference to the past work of their authors. Wide-ranging in their geography and their concern, they tell powerful stories which make the familiar strange and cover an enormous range of history and feeling.”
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Tuesday, June 8, 2010

Top 12 technology CEOs of World









Gone are days when teens used to say “I want to become doctor, Engineer or IAS officer”. Now if you ask any teen what is his ambition ? He will say, I want to become CEO of a big multinational company. So why CEO’s post has become hot favorite ? Actually, a chief executive officer (CEO) or chief executive is the highest-ranking corporate officer or you can say administrator in charge of whole management of a company who directly reports to the board of directors.                                                         
                                                      CEO is a very important post for any company. In other words, CEO is the most powerful person in the company after board of directors. Many times I have wondered a CEO makes how much money ? The job of a CEO is very complex. As the business grows, more challenging it will be for the CEO’s to make any decisions and manage it, and with more challenges, the salaries and other opportunities will easily grow.
Recently, Forbes has compiled the list of Top CEOs of world by calculating the overall compensation for the past year for executives, factoring in salary, cash bonuses, vested stock grants, stock gains and exercised stock options. From that huge list, these are the top 12 technology CEOs of World with their company and annual compensation.
1.                   Larry Ellison, Oracle: $192.9 million
2.                   Nabeeb Gareel, MEMC Electronic Materials: $79.6 million
3.                   John Chambers, Cisco: $54.8 million
4.                   Mark Hurd, HP: $27.6 million
5.                   Jen-Hsun Huang, NVIDIA: $24.6 million
6.                   Samual Palmisano, IBM: $24.3 million
7.                   Wendell Weeks, Corning: $22.6 million
8.                   Joseph Tucci, EMC: $20 million
9.                   William Sullivan, Agilent: $ 17.4 million
10.                Paul Otellini, Intel: $16.3 million
11.                Steve Jobs, Apple: $14.6 million
12.                Jonathan Schwartz, Sun: $13.5 million
Reaching the top is not very difficult, but staying on the top for long period of time is a tough job, since after the peak it’s only the downfall, else you aim for another peak.
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