How ATM Hacking Affects Business in the U.S Essay - 878 Words

ATM hacking has become more and more prevalent in society today. The more technology improves the more fraud is done. The U.S alone, has fallen victim to ATM hacking over the last decade. There has been countless numbers of ATM hacking taking place, having billions of dollars loss and innocent people now in debt. ATM hacking has really proved to be effective and has become a major success for criminals. In the article, â€Å"Hackers Devise Wireless Methods for Stealing ATM Users PINs†, author Jordan Robertson, speaks on how ATM hacking has had a major effect on the U.S and U.S citizens. In the article, â€Å"Hackers Devise Wireless Methods for Stealing ATM Users PINs†, Robertson speaks on how the effects of ATM hacking has been the fastest way†¦show more content†¦This can have a long lasting effect on individuals. Even with the advances in technology, people are still prone to data theft. â€Å"U.S Secret Service says, companies were frequently the targets of the 130 skimming breaches the team studied from last year for its report.†, says Robertson. That loss not only affected companies, but also those companies employees and overheads. Many companies have a certain amount of dues that are use in paying taxes. But how would companies pay those dues if they are short of the funds calculated to cover those expenses? It puts them in a â€Å"hole†, so to speak, leaving them unable to fulfill their duties to the government. It also leaves employees and customers with their personal identities exposed and puts them at risks for being victims of data theft. Los Angeles Times, publisher of â€Å"Banks Are Warned About ATM Hacks† says, â€Å"The latest warning comes after millions of Americans have had their financial information breached in a series of high-profile cyber attacks, most notably the theft of personal data from more than 110 million Target Corp. customers during the winter holidays. Consumer privacy advocates generally recommend that consumers avoid using debit or ATM cards altogether. Its better to use credit cards, in which the proceeds of any fraud are not directly drawn from consumers bank a ccounts, they say.† But why should customers have to change their way of living or their way of spending, due to another personsShow MoreRelated Database Vulnerabilities Essay2435 Words   |  10 Pagesstrategy involving a defense in depth and are prepared for an ever changing computer attack. Any business or individual that uses the Internet is attaching its computer system to an immense network. This exposes hard drives to intruders and peoples personal behavior to snoopers. Security threats increase as computers become more connected with one another and tools that automate attacks make hacking easier. In addition, as businesses become more dependent on e-commerce, there is more to lose. IIRead MoreInformation Technology Banking4266 Words   |  18 PagesInformation Technology and Banking 1 Information Technology and Banking Dr. Pembamoto Business 5083: Management Information Systems Palm Beach Atlantic University Information Technology and Banking 2 Table of Contents I. II. III. IV. V. 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(http://corp.7-eleven.com) That is also where the headquartersRead MoreSocial Legal and Economic Impact of Ebusiness in Ireland13799 Words   |  56 PagesPositives 21 Online Payment Processing 21 Legal Impact of e-business – Negatives 23 Online Piracy of Copyrighted Material 23 Types of Piracy 23 Cases which hit the Headlines 23 Legislation to Combat Piracy 24 Proposed Irish Leglislation 24 Privacy Issues on the Internet 25 Introduction 25 Data Protection Online 26 Increase in Libel Cases 26 Unauthorised Data Sharing 27 Identify Theft a Growing Problem 28 Hacking 28 Hacking Scandals in Recent Years 29 Introduction – Economic 30 EconomicRead MoreAnnotated Bibliography On Information Systems9488 Words   |  38 Pagespoint averages which all this information can be delivered. Computers also manage store inventories, stocks, manage up for retail stores, and banks can even use computers to manage the clients monthly statements, seeing their transactions through the atm machines, and for other banking activities such as balancing, recording transactions of deposits, withdrawals, loan payments, cashiers checks, and money orders. Most of us like to do our work as well at homes which we can use our own personal smartphonesRead MoreFinancial Fraud in Canada7212 Words   |  29 Pages Financial Fraud in Canada [pic] Analysis presented to Ms. Julie Slater by Anouck Cinq-Mars (9197710) Anthony Liscio (9097856) Angelo Vaccaro (9356290) Joe Vincelli (9234403) Kyle Zarmair (9055177) John Molson School of Business April 4th 2011 Table of Contents Evolution of financial fraud in Canada†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦4 Current types of fraud Canadian financial institutions A) Internal fraud†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Identity theft†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreMarketing Management Kotker15801 Words   |  64 Pagesare mostly used when customers make some purchase and ask for the receipt of their transaction and this reduction in paper record is as a result of the ability of each customer to connect to their bank through their mobiles and personal computer (Business communication, 2000). The ever increasing competitive banking environment has made banks to conclude that the inclusion of internet banking is being seen as a useful means which helps in reducing the use of the paper record. This is because the maintenance

Effect of Social Networking Free Essays

Over the past few years, social networking websites such as Facebook and Myspace have exploded in popularity, especially among children and teenagers. The social networks as Facebook, MySpace and others are all â€Å"virtual places† where people find themselves and share information. Nowadays, social networks are the best tools for communication, though in the first place they were used only for university purposes, where students and colleagues stayed in contact with each other after works or studies. We will write a custom essay sample on Effect of Social Networking or any similar topic only for you Order Now However, recent events involving child predators and other dangerous individuals using these sites have raised concerns about safety. Particularly in the western conutries, many parents view social networking websites with suspicion while having limited understanding of what these sites really are or how they work. Used responsibly, social networking sites do not pose a danger or threat to anyone. Facebook, Myspace, and other sites have numerous benefits for their users in terms of interacting and talking with other people, but also provide comprehensive privacy and safety features.Facebook, for example, does not allow people to view others’ profiles unless they are friends, which requires both people to confirm their relationship. Even though Some studies imply that social networks could have negative impact on people social health. These can cause people to stray from reality and immerse themselves in the virtual world of social community. â€Å"Instead of meeting people in person, they spend more time in front of the computer screens checking what the virtual friends are doing. †The next effect that many scientists have warned about is the influence that social networks can have on human health. The main effect is on the human brain. â€Å"Baroness Greenfield, an Oxford University neuroscientist and director of the Royal Institution, believes repeated exposure could effectively ‘rewire’ the brain. † Another important effect of social networks is on business. Online social networking is the newest weapon to get more customers. â€Å"William Baker, a professor of marketing at San Diego State University, found that firms that ely heavily on external social networks scored 24 percent higher on a measure of radical innovation than companies that don’t. Online networks can help you hire the right people, market your product — or even find a manufacturer. † In conclusion, as stated before, today social networks are the main tools of communications. Networks like Facebook, Twitter, MySpace and so on can have a great impact on human life and influence positively or negatively the social life, health and the world business. How to cite Effect of Social Networking, Papers

The End Justifies The MeansMachevilli Essay Research free essay sample

The End Justifies The Means? : Machevilli Essay, Research Paper ? The End Justifies the Means? Niccolo Machiavelli served as a secretary and diplomat of the Florentine Republic. While he served Machiavelli wrote a book, The Prince, in 1513 which assisted political leaders to keep power by any agencies necessary ( Machiavelli 1 ) . Machiavelli? s theory, the terminal justifies the agency, has been used by political leaders in the present which has caused some black affects. Adolph Hitler and Joseph McCarthy used this theory and this led to their personal ruin, and Saddam Hussien besides used this thought and his state is now in shambles. This thought has been proven harmful to the state that uses it, therefor this thought should non be applied. Adolph Hitler? s regulation over Germany left it in ruins. Hitler tried to destruct the Judaic people to do a? perfect race? and take over Europe. One of Hitler? s grounds for killing Jews was because harmonizing to him they caused World War I and to unite Europe ( Duffy, x ) . We will write a custom essay sample on The End Justifies The MeansMachevilli Essay Research or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The extinction of six million Judaic people in order for him to take control of Europe gave Hitler more support from the German people because it gave the Germans a whipping boy that took the incrimination off them of World War I. His construct that the terminal justifies the agencies did non assist him maintain power but merely helped in his ruin. After World War II and Hitler? s decease the universe realized that the violent death of all these people was non justifiable in maintaining power, there for Machiavelli? s theory did non assist Hitler maintain his power. A Senator named Joseph McCarthy caused a terror over Communism in the authorities by declaring Communists had infiltrated the U. S. State Department. Many of those accused by McCarthy were in the literary or amusement Fieldss and were # 8220 ; blacklisted # 8221 ; and unable to happen work ( Friedman ) . His accusals caused political, governmental, and societal convulsion that did non assist the state at all. His accusals had small or no grounds to endorse them up ( Friedman ) . McCarthy thought that impeaching blindly would assist the state by stoping the presence O f Communists in the authorities, but it merely caused his ruin from the authorities and jobs. His accusals of authorities functionaries caused that he be removed as a president of the subcommittee and to be censured be the Senate on a ballot of 67 to 22 ( Friedman ) . His paranoia led to many guiltless people to be accused and be humiliated because he wanted to stop communism. Saddam Hussein, the leader of Iraq, invaded Kuwait in the late eightiess for its rich supply of oil ( Haddad ) . Iraq was greatly hurt economically and militarily by this invasion. Kuwait was besides greatly hurt economically, because when Iraqi soldiers set many oil Wellss on fire, which cost Kuwait about two billion dollars per month on oil loss ( Haddad ) . Saddam thought more land and oil would warrant deceases of 1000s of his soldiers and other states that fought against him. Besides, by illuming the oil Wellss on fire damaged the environment, there was no demand of illuming these Wellss. His likely ground for illuming them was because of retaliation. The thought, ? the terminal justifies the agencies, ? has proven in most instances to be harmful to the state or single that applies it to their method of governing. Machiavelli intended for this peculiar thought to be used to maintain political power, but has proven to be the opposite, doing the ruin of those who use it. Hitler, Stalin, and McCarthy, all lost their political power or caused the ruin of their state. 1. Duffy, James P. Hitler Slept Late and Other Blunders that Cost Him the War. New York: Praeger, 1991. 2. Friedman, Jesse. ? The Fight For America: Senator Joseph McCarthy. ? 1996,1997, 1999.Writing Collections. hypertext transfer protocol: //www.sirius.com/~mcjester/writings/joemccart # 8211 ; hy.html. 3. Machiavelli, Niccolo. ? The Prince. ? LEGACY OF THE WEST. erectile dysfunction. David B. Mock. New York: Harpists Collins College Publishers, 1996. ( press release ) 4. Haddad, Toufic. ? The Middle East and the United States: An Unpleasant Narrative of Irony, Hypocrisy, and Misunderstanding. ? 1996. Trincoll Journal. hypertext transfer protocol: //www.trincoll.edu/zines/tj/tj9.19.96/articles/cover.html.