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The WiKID Blog

Viewing posts from January, 2009

7-easy-steps-to-maximizing-your-fraudulent-stock

The SEC has noticed a dramatic rise in fraud against online brokerage accounts. This is a very interesting article in that it shows how an attacker can take over accounts and make money without necessarily removing money from those accounts. All they need is a couple of "legitimate" account that the fraudsters open, a thinly traded small-cap stock and to control a couple of pwned accounts with enough money to manipulate the targeted stock. The article describes "pumping" as using pwned accounts to drive up the price of stocks that you hold. However, you can also make money on the way down:

How-much-to-spend-on-data-breach-protection

In a previous post, I discussed how much to spend on information security based on Gordon & Loeb's book Managing Cybersecurity Resources: A Cost-Benefit Analysis. The crux: spend no more than 37% of your expected loss.

banks-need-strong-authentication-desparately

Forrester Research is urging banks to adopt additional security to fight phishing and other forms of fraud, including strong authentication.

FTC-alledges-fraud-at-payment-processor-Interbillpay.com

Courtesy InfoWorld

Website updates

As you have seen no doubt, we've updated the website.   While it has a new look and feel, most of the effort has gone on behind the scenes.  We've upgraded plone and added some new features.  We've added forums for both the Community and Enterprise versions.  We will close the sourceforge.net forums soon. 

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