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Dan J

Software defect hits millions of German bank cards - Yahoo! News - 0 views

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    "BERLIN - Millions of German bank cards have been affected by a "millennium bug"-like problem because they contain software that can't process the number 2010, industry groups said Tuesday. The DSGV group, which represents public-sector banks, said some 20 million debit cards issued by those banks were affected, along with around 3.5 million credit cards - nearly half of the total number of cards issued by those banks. The group said cash machines were adjusted hours after the problem emerged to ensure that customers could withdraw money, but there may still be problems using some debit-card terminals. Those should be fixed by Monday, it said. Problems remain with credit cards and customers should use debit cards instead for now, added the group. The BVR group of cooperative banks said about 4 million debit cards issued by its members - about 15 percent of the total - also were afflicted by the faulty software, although there were no problems withdrawing cash. Its credit cards were unaffected. Another 2.5 million cards issued by German private banks were affected. The problem stemmed from a chip on the cards which, due to a programming fault, wouldn't correctly process the number 2010. Computer experts widely believed that hardware and software systems would fail as the clocks rolled over to the year 2000. The problem, they said, would be caused when computers and other devices, which used only two digits to represent the year, mistook the year 2000 for the year 1900. In the end, however, the so-called "millennium bug" caused few problems."
Dan J

CHINA is Hacking us!! | Pc Gamers Era - 0 views

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    "Look at what FoxNews says. The code that was used to hack Gmail accounts in China is now publicly available on the Internet, and security experts are urging computer users throughout the world to be highly vigilant until a patch can be developed. The hack involves Internet Explorer 6, the browser that came with the Windows XP operating system that, while outdated, still powers millions of businesses and home computers and is now dangerously compromised. Hacks based on this security flaw led Google to threaten to drop its www.google.cn Web site and leave China last week. The Internet behemoth believes these security intrusions are a quest not just for political knowledge but also for intellectual property. Experts warn that as many as 30 other companies have been hacked, ranging from software firms like Adobe and Juniper Networks to Northrop Grumman - a major U.S. defense contractor and manufacturer of nuclear-powered aircraft carriers and the Global Hawk unmanned drone. Microsoft has yet to patch the hole in IE 6, a flaw so serious it's prompted the German government to suggest citizens avoid IE. Microsoft has posted a security advisory detailing the problem, and urging users to upgrade to newer browsers. The main strategy or process that these hackers are following is said to be known as Spearphishing. They target the user with an e-mail that would appeal to them, one that leads to a site that launches malicious code onto your system. And the IE 6 exploit makes it particularly easy to slip that code on your computer. India's security chief, M.K. Narayanan, is claiming that Chinese hackers have attempted to hack into India's most sensitive government office. Tensions between China and India have been resizing lately ever nice India's relationship with the U.S. has improved to the point that the U.S. is poised to be selling them billions of dollars worth of weapons. Although there is no way for the Indian office to now for sure, they are pretty sure
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