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BBC News - NatWest online services hit by cyber attack - 0 views

www.bbc.co.uk/...business-25262790 ITGS
shared by anonymous on 07 Dec 13 - No Cached
  • ails safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6");
  • Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); hyper-depth-st
  • 's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); Your Savings
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  • and cash machines. Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&amp;A: Standard Chartered allegations HSBC report: Key findings Q&amp;A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&amp;A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); <h4 cla
  • It came less than a week after a major computer failure left some customers unable to use cards and cash machines.
  • On Friday, a number of customers reported problems getting on to the bank's website
  • Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today,
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Forget fingerprints - banks are starting to use vein patterns for ATMs | Money | thegua... - 0 views

www.theguardian.com/...erprints-vein-pattern-scan-atm banks patterns ITGS biometrics vein
shared by dr tech on 14 May 14 - No Cached
  • dr tech on 14 May 14
     
    "Poland has become the first country in Europe to introduce a network of "finger vein ID" cash machines, with 2,000 of the new ATMs opening in bank branches and supermarkets across the country this year, backed by a marketing campaign that promises "cash within your finger"."
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Couple who took £61,000 from faulty ATM sentenced | UK news | The Guardian - 0 views

www.guardian.co.uk/...cash-machine-theft-essex ITGS businessandemployment reliability
shared by BOB SAGET on 20 Nov 09 - Cached
  • faulty cash machine
    • dr tech
      dr tech on 20 Nov 09
       
      So can you explain how that machine works - input process output and storage? Is it an expert system?
  • the fault arose owing to the machine being very old
    • dr tech
      dr tech on 20 Nov 09
       
      What issues would this be?
    • BOB SAGET
      BOB SAGET on 20 Nov 09
       
      RELIABILITY>> DUH
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Twitter puts trillions of tweets up for sale to data miners | Technology | The Guardian - 0 views

www.theguardian.com/...ns-tweets-for-sale-data-miners tweets sale data ITGS privacy anonymity
shared by dr tech on 19 Mar 15 - No Cached
  • dr tech on 19 Mar 15
     
    "Selling data is as yet a small part of Twitter's overall income - $70m out of a total of $1.3bn last year, with the lion's share of cash coming from advertising, but the social network has big plans to increase that. Its acquisition of Chris Moody's analytics company Gnip for $130m last April is a sign of that intent. Google and Facebook have built their businesses around sharing data, but their control of our private and public information has become a source of huge controversy. "
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OK, panic-newly evolved ransomware is bad news for everyone | Ars Technica - 0 views

arstechnica.com/...mware-is-bad-news-for-everyone ransomware virus ai security peopleandmachines ITGS
shared by dr tech on 09 Apr 16 - No Cached
  • dr tech on 09 Apr 16
     
    "And that means that there's now a financial incentive for going after just about anything. While the payoff of going after businesses' networks used to depend on the long play-working deep into the network, finding and packaging data, smuggling it back out-ransomware attacks don't require that level of sophistication today. It's now much easier to convert hacks into cash."
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'Being cash-free puts us at risk of attack': Swedes turn against cashlessness | World n... - 0 views

www.theguardian.com/...edes-turn-against-cashlessness ITGS cashless security reliability people and people and machines digital analogue
shared by dr tech on 04 Apr 18 - No Cached
  • dr tech on 04 Apr 18
     
    ""When you have a fully digital system you have no weapon to defend yourself if someone turns it off," he says. "If Putin invades Gotland [Sweden's largest island] it will be enough for him to turn off the payments system. No other country would even think about taking these sorts of risks, they would demand some sort of analogue system.""
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Tech workers are downing tools and refusing to work on unethical projects / Boing Boing - 0 views

boingboing.net/...oppenheimer-moments.html ITGS ethics policiesandstandards law businessandemployment
shared by dr tech on 10 Oct 18 - No Cached
  • dr tech on 10 Oct 18
     
    "Tech workers are in demand: companies find it easier to raise cash than to hire engineers; this gives workers enormous bargaining power, and they're using it. From the Google uprisings over a Pentagon babykiller project and a Chinese surveillance project to the Microsoft uprising over ICE contracts, tech workers are emerging as part of the solution -- while their secretive, shareholder-haunted bosses are more and more the problem."
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Citizen: crime app falsely accused a homeless man of starting a wildfire | Technology |... - 0 views

www.theguardian.com/...sades-fire-wrongly-accused-man ITGS security app surveillance network false positive citizen
shared by dr tech on 19 May 21 - No Cached
  • dr tech on 19 May 21
     
    "But that was not before the falsely accused man had his name and image widely shared. The alert sent by Citizen contained a photo and was seen by more than 861,000 people. It read: "Citizen is offering a $30,000 reward to anyone who provides information that leads to the arrest of the arson suspect." Citizen told the Guardian in a statement it offered the cash reward "without formal coordination with the appropriate agencies". "Once we realized this error, we immediately retracted the photo and reward offer," it said. "We are actively working to improve our internal processes to ensure this does not occur again. This was a mistake we are taking very seriously.""
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Former Haidilao employee jailed for stealing colleagues' debit cards, cash - TODAYonline - 0 views

www.todayonline.com/...ng-colleagues-debit-cards-cash ITGS peopleandmachines privacy security
shared by yeehaw on 07 Nov 20 - No Cached
  • yeehaw on 07 Nov 20
     
    "Wong opened the bag later that day and took her debit card from her purse. He then used it to top up his ez-link card with S$100 through the PayWave function at Somerset MRT Station."
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TechScape: They used my identity to flog a doomed cryptocurrency - and then things got ... - 0 views

www.theguardian.com/...cryptocurrency-tsuka-alex-hern ITGS DS cryptocurrency shitcoin discord digital_currency
shared by dr tech on 03 Jun 22 - No Cached
  • dr tech on 03 Jun 22
     
    "Gambling on shitcoins takes the subtext of much of the crypto space and turns it into the entire purpose. There is no pretence, here, of anyone banking on widespread use, or of the coins having a purpose. The game is to find one that will go up, buy it cheap, push it as hard as you can to others, and then cash out at the top. The community takes phrases usually associated with financial crime - "shilling", "pump and dump", and so on - and wears them like a badge of honour."
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I've been waiting 15 years for Facebook to die. I'm more hopeful than ever | Cory Docto... - 0 views

www.theguardian.com/...-die-im-more-hopeful-than-ever ITGS facebook social media network effects switching people and machines digital immigrant
shared by dr tech on 25 Feb 22 - No Cached
  • dr tech on 25 Feb 22
     
    "My prediction failed. For a decade and a half, Facebook resisted the fate of all the social networks that preceded it. In hindsight, it's easy to see why: it cheated. The company used investor cash to buy and neutralize competitors ("Kids are leaving Facebook for Insta? Fine, we'll buy Insta. We know you value choice!"). It allegedly spied on users through the deceptive use of apps such as Onavo and exploited the intelligence to defeat rivals. More than anything, it ratcheted up "switching costs.""
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Cryptocurrency raider takes $60 million in digital cash - 0 views

www.engadget.com/...cy-raider-takes-ethereum-money ITGS bitcoin policiesandstandards reliability security ether
shared by dr tech on 20 Jun 16 - Cached
  • dr tech on 20 Jun 16
     
    "A cryptocurrency is only as reliable as the technology that keeps it running, and Ethereum is learning this the hard way. An attacker has taken an estimated $60 million in Ethereum's digital money (Ether) by exploiting vulnerabilities in the Decentralized Autonomous Organization, an investment collective. The raider took advantage of a "recursive call" flaw in the DAO's code-based smart contracts, which administer the funds, to scoop up Ether many times in a single pass."
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