... Albert Gonzales was part of one of the largest cybercrimes in history. Albert was raised in a working class neighborhood in Florida and he earned allowance by helping his father with landscaping. He eventually was introduced to his first computer and became part of a hacking group known as the Keebler Elves. While with this group he hacked into the computer systems of the Indian Government. After graduating High School, he started college at Miami-Dade Community College and dropped out after a month. He moved briefly to New York and secured a job with a soon to fail .com corporation. He moved to New Jersey after taking a job with Siemens in their IT dept. While he was there he became involved in another hacking group known as the Shadowcrew. This group trafficked over 1.5 million stolen credit card and ATM numbers. He was considered the master mind of the group under the alias CumbaJohnny, he was not indicted. While with this group he participated in encoding blank magnetic strip cards with stolen account information and used them at ATM’s cleaning out many accounts. These trips were called “cash-out trips”. It would be on one of these trips that would be his unlikely downfall. In 2003, he is arrested by New York Police officers after being observed using several cards at an ATM machine. During the arrest they discover that he is Albert Gonzales and turn him over to the Secret Service. The Secret Service soon learned of his potential and was able to convince him...
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...your score. Credit scoring isn't nearly so easy. Credit-scoring models use multivariate formulas. That basically means that the value of any given bit of information in your report might depend on other bits of information. To understand how this works, let's use a noncredit example. Say that your sister calls you to report that her husband is more than an hour late in coming home from work, and she asks if you think he's having an affair. To answer the question, you would need to review what you know about this man, including...
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...America: EMV Payment Card Industry Standardization Author: R.B. America: EMV Payment Card Industry Standardization Unfortunately for the American Payment Card Industry (PCI) infrastructure, the mandated adoption of the Europay, MasterCard, Visa (EMV) standard is futile of addressing the critical deficiencies of the de facto requirements, by the Payment Card Industry Security Standards Council (PCI SSC), protecting sensitive data in memory, transit or at rest. Therefore, PCI key players: such as cardholders, merchants, acquirers, and issuers alike must continue to stay vigilant of the risk by threat agents attempting to exploit vulnerabilities in the payment processing system in order to extract unauthorized sensitive data or information. First, EMV is a two decade old technology standard that originated in Europe in the early 1980’s. Its primary objective is to address fraud that results from extracting card issuer and cardholder data that is encoded on a magnetic stripe (Track1 and Track 2) on the backside of debit and credit payment cards. Second, while it can be argued that the EMV technology standard has its pros, such as providing a single payment card a mechanism to sustain multiple applications. The implementation of the EMV standard does not address many of the critical issues or methods used to extract Track 1 and Track 2 data in the card payment transaction stages. Such as, vulnerabilities in payment applications and devices or encryption methods of...
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...Internet Fraud Today we live in a modernized society that is dependent on computers and the internet like the human body is dependent on its brain and heart for ordinary daily function. In 1973, the U.S. Defense Advanced Research Projects Agency (DARPA) initiated a research program to investigate techniques and technologies for interlinking packet networks of various kinds. The objective was to develop communication protocols which would allow networked computers to communicate transparently across multiple, linked packet networks. This was called the Inter netting project and the system of networks which emerged from the research was known as the "Internet. (2) The Internet is constantly developing, becoming a greater power each day and it has affected our world in various negative and positive ways. The internet serves as an important data base worldwide. It is the greatest source of information, news, entertainment, education and even local and global interactions such as sales and trade are performed through the internet making life so much easier and hustle free. Computers are emerging almost in every aspect of our lives usually they are making everything very convenient for us, permitting us to shop from home, research information, work online, and communicate with our friends, family and acquaintances all around the world with speed. As technology continues to improve more benefits and disadvantages start to evolve. Internet access is no longer a luxury...
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...Business and Financial markets “Case Study – J.P.Morgan Chase & Co.” Student Name: Gangadharan Renganthan Student Id : 1229047 Table of Contents Introduction: 2 History of J.P.Morgan Chase & Co.: 3 Key Moments in J.P.Morgan Chase & Co. History: 3 Current Problems: 4 Important of the Analysis: 6 Different Approaches to dealing with the problem: 7 A change in focus for banks: 7 A change in focus for regulators: 7 Financial Summary Indicators: 8 JPMorgan Chase & Co. (JPM)-NYSE: 8 Recommendation: 9 Conclusion: 10 Reference: 10 Introduction: J.P.Morgan Chase & Co. is a financial company which is an American multinational banking corporation of securities, investments, financial, and retail. It is in the top ranking and it is world’s second largest banking in the assets. The main job of this banking is that they provide financial services for the assets. They have the assets of nearly $2,509 Trillion. They have the one of the largest hedge fund unit in the United States. They formed this hedge fund in the year of 2000. The hedge fund unit was formed at the period of the Chase Manhattan Corporation was merged with the J.P.Morgan & Co. In United States of America J.P.Morgan is one of the largest banks in the top four lists. The other top banks are Citigroup, Bank of America and Wells Fargo. According to Bloomberg, J.P.Morgan Chase & Co. is as largest as the Bank of America while comparing with the assets them...
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...mostly between 2005 and 2008 while he was drawing a $75,000 salary working for the U.S. Secret Service as a paid undercover informant. The string of hacks began in 2005 when Gonzalez and accomplices conducted war-driving expeditions along a Miami highway and other locations in search of poorly protected wireless networks, and found easy access into several retailer networks. Once inside a local TJX outlet’s network, the hackers forged their way upstream to its corporate network in Massachusetts. Gonzalez obtained a packet sniffer from best friend Stephen Watt, which he and accomplices installed on the TJX network to siphon transaction data in real time, including the magstripe data on the credit and debit cards. Gonzalez’s sentencing follows two others related to the TJX hacks. Stephen Watt, a former coder for Morgan Stanley, was sentenced to two years in prison for providing the sniffer that Gonzalez used in the TJX hack. Watt was also ordered to pay restitution to TJX, jointly with other accomplices, in the amount of $171.5 million. Humza Zaman, a former network security manager at Barclays Bank, was sentenced to 46 months in prison and fined $75,000 for serving as a money courier for Gonzalez. He was charged with laundering between $600,000 and $800,000 for Gonzalez. Gonzalez’s sentence is among the stiffest imposed for a financial crime, and the longest U.S. prison term in history for hacking. It beats out a sentence recently imposed on hacker Max Ray Vision, who received...
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...Walmart Customer Loyalty Program Save Money, Live Better, Reward Yourself! Travis Godderidge Rick Hayes Darrell Johnson Chad Mikels HBM 581 Services Management Section 2 Team 5 February 24, 2013 [Type text] Table of Contents Executive Summary Background Research Companies researched, program names and descriptions Description of the Proposed Program Company overview Target customers Suggested Program Names Features and Benefits Terms and Conditions Duration of the Program Initiating and Marketing Tracking Device for Customers Estimates costs to implement and sustain the loyalty program Summary and Recommendations References 1 2 3 8 9 9 9 10 11 12 13 14 15 16 Executive Summary In the fierce world of global discount retail competition, differentiation is critical to long term success and survival. Walmart was founded on the differentiating factor of the lowest prices for the highest quality products. While this has served Walmart well and will continue to do so with global sourcing and supply chain management to secure the best products at the best prices, an expansion of the services provided to the customer and the ability to obtain demographic spending information and trends will prove invaluable to Walmart’s continued success and rapid global expansion. Additionally, programs that help retain customers once the customer has entered the store will increase market share more rapidly and increase...
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...where a convicted felon stole more than $100,000 of credit card debt, motorcycles, federal home loans, houses, and handguns in the victim’s name.” (Knox, Jeffrey) “He also called his victim to taunt him and let him know that he could do this as long as he wanted to because identity theft was not a federal offense yet.” (Knox, Jeffrey) “Both the victim and his wife spent more than four years and more than $15,000 trying to repair their reputation and credit.” (Knox, Jeffrey) “As for the criminal, the offender served a small prison sentence for trying to buy the firearm but other than that made no repayments to the couple for the damage he caused.” (Knox, Jeffrey) “This was one of the many cases that made Congress decide to implement a new federal law in 1998 against identity theft.” (Knox, Jeffrey) Identity theft is a type of crime where someone’s identity is stolen in order to pretend to be the victim’s identity. “Many times the offender obtains valuable resources such as credit card and debit card information or social security numbers in order to gain economic through deception or fraud.” (FTC, 2009) “An offender might steal personal information to make loans, establish utility services, or rent a house or an apartment under the victim’s name.” (FTC, 2009) “Usually victims do not realize that something is wrong with their important assets until after the damage is done.” (FTC, 2009) “The victim reviews their credit or debit statement, and detects that there are unknown...
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...1. Introduction As the computers become an integral part of our business the information secure with softcopy. We share the relevant data amongst the users of system, but kept the confidential and proprietary data with protection. Today most of the computer users use the Internet. Everyone has secrets; some have more than others do. When it becomes necessary to transmit those secrets from one point to another, it is important to protect the information while it is in transit. In Internet user can access without the central control of a single computer system. The need to secure an application is essential for use in today’s world. With the explosive growth in online applications such as e-commerce, e-government and remote access, companies...
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...a victim yet is to monitor your credit and keeping your information safe. We talked about not only making sure your information is safe when you’re out in the public, such as only carrying one credit card when you really need it, not carrying your social security card and birth certificate just to name a few, We don’t need to have these things with us everyday. Just keep the common things you need with you every day, like your drive’s license, one credit card, just to be safe. Don’t carry your checking account if you don’t need to write a check because again someone could take that information and really start writing checks that aren’t yours and can start causing a lot of damage down the road. Another things is when you’re checking credit, make sure that you’re checking it on a regular basis. You can get one free copy of your credit report from each of the three credit bureaus each year. So if you want to check that systematically, you could pull your first one from Equifax, and then three or four months later pull the next one from Experian, and then three or four months later pull the next one from Trans Union. So keeping up to date with what’s going on is key when preventing or avoiding identity theft. Another thing you can do if you’re not using your credit, let’s say you already have your house, car, and you’re not actively seeking credit, just put a freeze on your credit. That’s one thing you can do, so if someone’s trying to get credit in your name, you get that phone...
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...B. Create a business contingency plan (BCP) that the company would follow if faced with a major business disruption (e.g., hurricane, tornado, terrorist attack, loss of a data center, the sudden loss of a call center in a foreign country, the collapse of a financial market or other catastrophic event) in which you include the following: Business Contingency Plan (BCP) Definition: “Business continuity planning (BCP) ‘identifies an organization's exposure to internal and external threats and synthesizes hard and soft assets to provide effective prevention and recovery for the organization, while maintaining competitive advantage and value system integrity’. It is also called business continuity and resiliency planning (BCRP). A business continuity plan is a roadmap for continuing operations under adverse conditions such as a storm or a crime,” (Business continuity planning, n.d.). 1. Analyze strategic pre-incident changes the company would follow to ensure the well-being of the enterprise: Notes: outline proactive suggestions that can be made in advance of potential risks actuating into disaster, e.g., training, drills, company policies and procedures and so forth. Create strategic pre-incident strategy that incorporates the following elements and considerations: • Identify potential risks for each IPC business operation in all its domestic and international locations. This identification process may include: Potential risks may be inherent to the various IPC business...
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...theft. Common techniques used by identity thieves will be explored along with tips to protect consumers and businesses from having their identities stolen or data breached. Legislation in place to prevent and prosecute identity theft will be discussed. How to report identity theft is also explained. Defining Identity Theft The U.S. Department of Justice defines identity theft, also called identity fraud, as “all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic gain” (U.S. Department of Justice, 2015). Identity thieves use personal data such as Social Security numbers, bank account or credit card numbers to personally profit at the victim’s expense. These breaches allow thieves to take funds out of bank accounts or in the worst cases, take over a victim’s identity completely, running up huge debts and committing crimes using the victim’s name. Victims not only suffer the out-of-pocket financial losses, but they may have to rebuild their reputation in the community due to the perpetrator’s actions (U.S. Department of Justice, 2015). Identity theft is expected to surpass traditional theft as the leading form of property crime. Security analysts state everyone should prepare to be a victim of identity theft at some time in their lives (Anderson, 2013). Identity theft is a three stage process: acquisition, use, and discovery (Office...
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...sometimes referred to as information technology crime or info crime. This can be anything from downloading illegal music file to stealing money from online bank accounts. Cybercrime can also include non-monetary offenses, such as creating and distributing viruses on other computers or posting business information on the Internet that is meant to be confidential. There is no boundaries or jurisdictions when it comes to cybercrime ŞTEFAN, I. (2011). Below is three known cybercrimes though there are many more cybercrimes in the past and the future these are just a few. This cybercrime is considered being the biggest attack in US history. Five hackers hacked into companies like NASDAQ, Visa Inc., J.C. Penny Co, Jet blue airways Co, and Carrefour SA. They caused over 300 million to these companies. The hackers primarily wanted to steal and sale the 160 credit card numbers they stole from the companies. Authorities say each man had their own role, two hacked networks, another mined them for data, another provided anonymous web-hosting services to hide the group’s activities, and the last person sold the stolen data and distributed the profits. The suspects were caught because they sent each other instant messages saying if the hacks were successful, one man used google news alerts to see if his attacks had been discovered. All five of these men are from Russia and Ukraine....
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...| |Your Guide for Travel and Hotels in Columbia | |When you hear the word vacation, what do you see in your mind? Vacations mean assorted things to assorted individuals. Some like to sight see while many others would | |enjoy nothing more than to spend the whole trip kicking back at the hotel pool. If you happen to be like me, you enjoy some of both options. On the one hand, because I| |have journeyed someplace different, I ought to visit some interesting local fare. But then again, if I use up all my time darting around from site to site, when I come| |home I will want another vacation to recuperate. To get the most from your vacation time, keep the following in mind when travelling to Columbia. | | | |The first thing you ought to do is resolve as much at the start as you can. That means things like interchanging currency when necessary, glancing at maps of the area,| |renting a means of transportation (did someone say Harley?), booking a flight, and selecting a hotel that fulfills your needs. The good news is, all of these jobs have| |become much easier and cheaper through the internet, so before contacting a travel agent, you could save some money by looking up...
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...|Security and Confidentiality On the Internet | |You have to create a report on Security and Confidentiality on the Internet. Find 10 appropriate websites on the Internet on this topic and | |list them below. These websites will be used throughout your assignment: | |[1 X 10 = 10 Marks] | | | |1. www.livinginternet.com/tindex_s.htm | |2. www.jmir.org/2002/2/e12/ | |3. www.aib.ie/personal/home/Security-Policy | |4. www.fetac.ie/doc/WelcomeServlet?DocId=0901df9e80001f99 | |5. www.globalmednet.net/privacy.html | |6. technet.microsoft.com/en-us/library/cc780167(v=ws...
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