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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Rhode Island Plastic Surgeon Delivers Lectures in Moscow to Help Russian Surgeons Raise the Quality of Patient Care

Category : Stocks, World News

Dr. Patrick K. Sullivan Will Lead Several Courses at an International Plastic Surgery Conference in Moscow, Russia Focusing on Facial Rejuvenation Techniques and Technology

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AMD Recognizes Exemplary Performance of Seven Suppliers at 2013 AMD Global Supplier Day

Category : Stocks

Key Suppliers Honored for Technology Innovation, Manufacturing Excellence and Exceptional Service

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AMD Recognizes Exemplary Performance of Seven Suppliers at 2013 AMD Global Supplier Day

Category : Stocks, World News

Key Suppliers Honored for Technology Innovation, Manufacturing Excellence and Exceptional Service

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Microsoft names new finance chief

Category : Business, World News

Microsoft names Amy Hood as its new chief financial officer, the first woman to hold the post at the technology giant.

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Pantera Global Technology Inks Partner Agreement With Project Insight

Category : World News

IRVINE, CA–(Marketwired – May 9, 2013) – Pantera Global Technology announced today the signing of an exclusive worldwide licensing agreement with Metafuse Inc. for the rights to its project management software, Project Insight, for the construction market.

Originally posted here: Pantera Global Technology Inks Partner Agreement With Project Insight

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Severn Trent PLC (STRNY: OTCQX International Premier) | Frost & Sullivan Hails Severn Trent Services’ Technology Leadership of Water and Wastewater Disinfection Systems Market

Category : Stocks, World News

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Frost & Sullivan Hails Severn Trent Services’ Technology Leadership of Water and Wastewater Disinfection Systems Market

The company is a pioneer of stable, safe and sustainable electrochlorination products

PR Newswire

LONDON, May 8, 2013

LONDON, May 8,

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On the frontline of the fight against cybercrime

Category : Business

Symantec’s Dublin hub, with 800 workers including 60 in its security division, plays a key part in global computer security

Inside the tightly controlled security area of Symantec’s Dublin headquarters, a screen on the wall flashes up hacking hotspots as they are detected around the world. Last year the company estimated it blocked nearly 250,000 cyber-attacks. One out of every 532 websites was infected with viruses, it said, and 1.6 million instances of malware were detected.

Overall, cyber-attacks were up 42% in 2012. They range from “hacktivist” targeting of industries such as defence to the fast-growing area of “ransomware” blackmail attempts, but more than a third of attacks focused on small- to medium-size businesses employing fewer than 500 people.

Orla Cox, the senior manager of security response at Symantec’s office in north-west Dublin, said hackers – including criminal gangs, individuals and even states – regarded smaller enterprises as “stepping stones” to enable them to attack larger corporations.

In a briefing last week, Cox also said Twitter was perceived as a weak link. Last month Syrian hackers claimed responsibility for a bogus tweet from an Associated Press account that sent stock markets into temporary freefall. “The security of Twitter is not strong and Twitter is going to have to do something about that,” Cox said.

Symantec’s Dublin hub, with 800 workers including 60 in its security division, plays a key part in global computer security because in terms of timezones it lies between the company’s two other main operations, in California and Tokyo.

The Irish office was the first to detect the Stuxnet virus, which has caused severe damage to the Iranian nuclear programme in Natanz. The virus, which entered the country’s nuclear industry system via computers sold to Iran from Europe, caused centrifuges used in uranium enrichment to spin out of control. Symantec is reluctant to state its view on the origin of the highly sophisticated virus but most security analysts believe Israel was behind it.

Cox said Stuxnet was probably not the end of it. She predicted those behind the virus were probably developing a new “son of Stuxnet” in the campaign to sabotage Iranian nuclear efforts.

Ransomware has become a bigger challenge in the last 12 months, according to Symantec. The company has identified 16 cybercrime gangs using ransomware, which in the space of 18 days in 2012 alone infected 500,000 computers.

“It works by shutting down your computer with a virus and then sending out a bogus warning that a user has been looking at something illegal,” Cox said. “They tell the user they can only get the computer back running if they pay a ransom, in some cases of $100, usually by buying a moneypack voucher and then sending the code transferring the amount to the gang. If the user for instance has been browsing a porn site they are going to believe the warning and pay up.

Such scams netted the 16 gangs about $5m in 2012, she said. In many cases paying through an anonymous money transfer system did not necessarily ensure an infected computer was unlocked, the company pointed out. In some cases ransomware can capture images of the targeted user via webcam, which is displayed when a computer screen is frozen to intimidate the victim.

Cox said there were now online toolkits hackers could buy on the internet to enable them to break into bank accounts. She said hacking into the financial system and online banking theft was mainly the work of gangs from Russia, Ukraine and other former Soviet states.

Symantec also expressed concern about teenagers and young adults being targeted on Twitter, Facebook and other social networks because they were less guarded about their personal data and in particular their usernames and passwords. The company said the intersection of smartphones and social media would become an important security battleground.

Cox said Symantec believed Apple products were less prone to attack, with iPhones for instance being safer because they are “completely locked down”. However, she said Apple Macs are “not impervious” to hacking.

In the last weekend of April the Guardian also came under a cyber-attack from Syrian hackers who have targeted a series of western media organisations in an apparent effort to cause disruption and spread support for Bashar al-Assad’s dictatorship. The Syrian Electronic Army (SEA) claimed responsibility for the Twitter-based attack, having previously also targeted the BBC, France 24 TV, and National Public Radio in the United States.

Cyber-attacks believed to emanate from North Korea have recently caused disruption to media organisations in South Korea.

Contactless payments: which banks are in touch?

Category : Business

Retailers have readily embraced the ‘wave and pay’ revolution, but some banks have been slow off the mark

Starbucks is the latest big-name retailer to embrace contactless payments, but has the cash-free shopping revolution hit a roadblock?

Some of Britain’s banks have only issued contactless cards to a small proportion of customers and a survey published last week found many people are wary of the technology.

For several years, debit and credit cards displaying the contactless “wave” symbol have been hyped as the next big thing in banking and retail because they enable customers to pay for less costly items (£20 or less) without having to key in a pin number or scrabble around for cash. Instead, they simply scan their plastic over a reader at the till.

Since the first such cards were introduced by Barclaycard in 2007, a growing number of retailers have been offering this form of payment. Now Starbucks, after testing the technology in a few of its outlets, is rolling it out nationally. From this Friday, 10 May, all 570 Starbucks-owned branches in the UK will accept contactless payments and the company predicts that by the end of the year, they will make up around 10%-20% of all eligible transactions.

Ian Cranna, the UK marketing vice-president of Starbucks, which has come under fire recently for its UK tax arrangements, says: “More and more of our customers are using alternatives to cash and we want to offer them the quickest and most convenient way to pay – which is not only great news for them but also for other customers in the queue.”

Getting more household-name retailers on board will boost the scheme but shoppers can only make contactless payments if their bank or card company has given them one of the new-style cards. When Guardian Money rang round some of the main financial institutions, we found they have adopted varying approaches to the technology. Of the 31m-plus contactless credit and debit cards in circulation in the UK, almost 20m have been issued by Barclays or Barclaycard.

New research from price comparison site Gocompare.com claims that only 6% of Britons have so far made a contactless payment using a credit or debit card. This was based on a survey of more than 2,000 UK adults carried out in March. The study also found that large numbers of Britons are wary of new payment technologies, with one in four saying they find the idea of contactless

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Batavia Bioservices and UvA Holding announce STEP(TM) technology exclusive license

Category : Stocks, World News

LEIDEN, THE NETHERLANDS–(Marketwired – Apr 29, 2013) – Batavia Bioservices BV and UvA
Holding BV announced today that they have
successfully concluded an agreement granting Batavia Bioservices the
exclusive
rights to STEPT technology developed by scientists at CellaGenics BV,
an UvA
Holding BV company.

Read more: Batavia Bioservices and UvA Holding announce STEP(TM) technology exclusive license

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Diamond Fortress Technologies Announces Successful Testing Results

Category : Stocks


BIRMINGHAM, AL–(Marketwired – April 24, 2013) –  
Diamond Fortress Technologies, Inc. (DFT) has completed the first round of internal testing of its touchless mobile biometrics technology and is pleased to announce that the results are excellent!

See more here: Diamond Fortress Technologies Announces Successful Testing Results

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