Saturday, May 11, 2013

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Source: http://www.levelonenetwork.com/ucla00555/how-to-make-money-off-a-blog-professor-bob-boyd-talks-about-the-importance-of-using-video-marketing-part-2/

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Lansing's mayor wants a third term

Lansing Mayor Virg Bernero says he wants four more years in office. He formally announced his campaign today.?

?I?m telling you folks ? Lansing is on the verge,? the partisan crowd groaned, and then laughed, as Virg Bernero joked at his campaign kickoff.

He?s spent the past eight years as Lansing?s mayor. During that time, the city?s budget has shrunk as property taxes have dwindled.?But Bernero says the capitol city?s economy is now rebounding from years of recession. The mayor highlighted recent announcements of expansions at General Motors and Jackson National Life Insurance.

?Just in my time as mayor, we?ve leveraged now a billion dollars of new investment. Ten thousand jobs in Lansing,? Bernero told the crowd at his campaign headquarters.

So far, Bernero faces little opposition to his bid for a third term as Lansing?s mayor.

If reelected, Bernero says, during the next four years, he wants to see a casino built in downtown Lansing.

?That?s going to put the icing on the cake in downtown Lansing ? and continue to build downtown Lansing ? as the cash register ? the economic hub ? for the entire region and especially the city,? Bernero says.

A federal judge has blocked the casino project. The judge found the project violates federal law and a state Indian gaming compact.?The Upper Peninsula tribe behind the casino project is appealing the injunction.

Source: http://michiganradio.org/post/lansings-mayor-wants-third-term

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UAE's RAKBANK says no customers lost from cyber fraud

DUBAI (Reuters) - National Bank of Ras Al Khaimah (RAKBANK) said on Friday that none of its customers had lost any money as a result of a cyber fraud which resulted in a loss at the Gulf bank in 2012.

The bank's chief executive, Graham Honeybill, said in a statement: "We are given to understand that the overall fraud encompassed a number of banks not only in the Middle East but in the USA and other countries".

A global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S. prosecutors said on Thursday.

Honeybill said the incident concerning RAKBANK related to events in December 2012 and involved the bank's service provider in India. The bank did not name the service provider or give any further detail.

The amount of the potential loss was 17.4 million UAE dirhams ($4.74 million) and this was fully provided for before RAKBANK closed its 2012 accounts, Honeybill said.

"The Bank can confirm that none of its customers suffered any financial loss as a result of this fraud," Honeybill added. ($1 = 3.6730 UAE dirhams)

(Reporting by Andrew Torchia; Writing by Alexander Smith; Editing by Matthew Tostevin)

Source: http://news.yahoo.com/uaes-rakbank-says-no-customers-lost-cyber-fraud-130356266.html

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Friday, May 10, 2013

Sony's 2012 earnings show a net profit of $458 million, its first since 2008

We've already heard from Sony about the positive effects some of its recent moves like the sales of several of its buildings are having on its finances, and now the company is revealing its detailed results for the last year. Sony has managed a net profit of 43 billion yen ($458 million) in 2012, its first in several years and a good sign after it projected such optimism in last year's results. The most anticipated news is what it projects for 2013, a year where CEO Kaz Hirai has promised better integration between its products and of course, the PlayStation 4. Sony's forecast projects sharply improved sales next year, however it expects the operating income to remain flat with a net profit of 50 billion yen ($506 million).

For the year, its TV sales were down 38 percent, reflecting the same drop in the market reported by competitors like Samsung and LG, as well as Sony's cutbacks to reduce its losses. In phones, the newly-consolidated Sony Mobile experienced an increase in sales thanks to the shift to smartphones, however the cost of its inclusion cause the division to lose money. Next year, it's anticipating sales of 42 million smartphones, up from 33 million. In the games division, Sony had a decrease in sales for the PS3, PSP and PS Vita of 12.2 percent from last year, although of course it's counting on the PS4 to turn that around. There aren't any numbers listed for next-gen, but it's expecting sales of PS3 hardware to drop to 10 million units from 16.5 million (including the PS2) the year before. We'll have to wait for the earnings call later this morning to hear more of the company's future projections, for now you can check the links below for the full details on its results.

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Source: Sony (PDF), Q4 2012 Slides

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/RAR5mVxmWIA/

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Hope can be painful for families of missing kids

Gina DeJesus gives a thumbs-up as she is escorted toward her home Wednesday, May 8, 2013, in Cleveland. The three women held captive for about a decade at a run-down Cleveland house were apparently bound with ropes and chains, police said Wednesday, while charges were expected by the end of the day against the three brothers under arrest. (AP Photo/Tony Dejak)

Gina DeJesus gives a thumbs-up as she is escorted toward her home Wednesday, May 8, 2013, in Cleveland. The three women held captive for about a decade at a run-down Cleveland house were apparently bound with ropes and chains, police said Wednesday, while charges were expected by the end of the day against the three brothers under arrest. (AP Photo/Tony Dejak)

Pastor Larry Harris, center, leads a prayer vigil near the home where three women held captive for a decade, in Cleveland, Ohio, Wednesday, May 8, 2013. Charges were expected by the end of the day against the owner of the house where the women were discovered, Ariel Castro, 52, and brothers Onil, 50, and Pedro, 54. (AP Photo/David Duprey)

FILE - In this Tuesday, May 7, 2013 file photo, Jaycee Dugard, right, and her mother Terry Probyn appear with their Hope Award at the National Center for Missing and Exploited Children annual Hope Awards in Washington. Dugard, who was missing for more than 18 years before being rescued, urged the audience not to give up on missing children. (AP Photo/Cliff Owen, File)

(AP) ? The miraculous rescue of three missing women has given hope to many families whose loved ones have vanished. Yet hope, when searching for a long-lost child, can be a dangerous thing.

Thousands of children are missing across the country. The longer they are gone, the smaller the chances they will be found alive. So when three women who had been missing for a decade or more emerged from the house where they had been held captive, it provided an extraordinarily rare happy ending.

"I would definitely say it was a miracle," said Kelly Murphy, who founded Project Jason after her own son vanished to help other such families.

Murphy had worked with two of the Cleveland families while their daughters were missing. After they were found, she heard from many others who are still searching.

"The general response is that it gives us all hope," Murphy said. "I'm in the situation too, with my son almost missing for 12 years without a trace and without clues. It definitely gives us hope that there is a chance. If it happened to those girls, it can happen to us."

"To have hope helps you get through each day, hope that there's a good answer instead of the answer that nobody wants. It just helps you keep going, because it's very difficult to have to live with ambiguous loss."

But how much does it help to hope for a miracle, which by definition is almost impossible?

Some, like Murphy, need to keep that spark alive, however small. Others, like Jody Himebaugh, need to protect their emotions.

Himebaugh knows about what happened in Cleveland, but has avoided the details. His son Mark disappeared in 1991, at age 11.

"Every time I watch this kind of stuff, it rekindles the last 23 years," he said. "All it does, it just gives us hope again."

For Himebaugh, hope hurts. Whether hope is more painful than saying a permanent goodbye ? that's impossible to figure.

"For the past 23 years, I've been happy for the families over that time who have recovered their kids, dead or alive," he said. "At least they've got closure. My biggest fear is I'm going to go to my grave and never know what happened to Mark, and why."

The flip side of that fear is hope ? and the loved ones of the missing hold tight to every glimmer. Advocates and others often speak of persistence, of keeping missing children's images in the public eye, of always working to make sure the public stays alert for the one tiny detail that could end a family's agony.

"What an amazing time to be talking about hope, with everything that's happening," Jaycee Dugard, who was missing for more than 18 years before being rescued, said this week at an awards ceremony where she urged the audience not to give up on missing children.

In Cleveland, several religious leaders spoke on that theme Wednesday. Catholic Bishop Richard Lennon posted a video message urging viewers to pray that missing people "may have the strength of the virtue of hope and that their families also may never give up hope."

After a prayer gathering on the block where the women were found, pastor Larry Harris of Mount Olive Missionary Baptist Church said, "There's a hope that many, many more will be coming back home."

On the block where the three women were found, Tonia Adkins was wearing a T-shirt printed with the face of her missing sister, Christina Adkins. Cristina vanished in 1995 at age 17, four blocks from the house where the women were held captive.

The arrests of three brothers has given the Adkins family hope for Christina, but has also stoked the dread that has been part of their lives for 18 years.

"I do believe that they're gonna break open some cases," Tonia Adkins said. "I'm scared that I'm gonna get the news that my sister's not alive."

The space between hope and resignation is a difficult place.

"It's an absolutely terrible predicament to be in. I can't imagine what families go through wondering ? just the lack of knowing," said Bob Hoever, director of special programs with the National Center for Missing and Exploited Children.

He recommends hope, and sees this as the powerful lesson of the Cleveland case.

"I believe this is a tremendous boost to families giving them hope, that we should never give up looking for their children," Hoever said. "The National Center never stops looking for a missing child. As long as they're missing, we will continue looking."

But Sherry Hamby, a psychology professor at Sewanee: The University of the South who studies the victimization of children, said some families can become frozen in time at the point their child disappeared.

"At some point, after so many years have gone by, there's a lot to be said for closure," Hamby said. "It's just not a natural state of being for humans to be frozen in this time, waiting. We can't stay in that kind of limbo forever."

The most difficult decisions, Hamby said, can involve what seem like mundane details.

"Are you going to pack up that child's things? Are you going to convert that room to another use?" she said. "I think the need for psychological closure just is necessary because of the concrete limitations that we are facing. It's just hard to go through life trying to not make any changes."

Murphy, of Project Jason, knows families who have chosen to believe their missing child is dead, and she does not begrudge them that choice.

But Murphy holds onto hope, "because it keeps us focused on the future."

"It's just unfortunate that in our case," she said, "we don't know what the future holds."

___

Online:

Project Jason: http://www.projectjason.org.

National Center for Missing and Exploited Children: http://www.missingkids.org.

___

Associated Press writers Meghan Barr in Cleveland and Kantele Franko in Columbus, Ohio, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-09-Missing%20Women%20Found-Hope/id-a1aa1198ce4441d28162542597e59c86

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Why Syria's Response On The Internet Outage Is Complete BS

images (42)The Syrian government claims it's working to repair yesterday's widespread Internet blackout. State-run media are reporting that a "fault in optical fibre cables" disconnected the beleaguered Middle-Eastern nation from the rest of the digital world. But, multiple experts are calling the oppressive regime on its BS. Michelle Zatlyn of security firm, Cloudflare, which identified Syria's blackout yesterday, tells Techcrunch in an email that the incident is "almost certainly intentional. It is unlikely to be an accident."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/R3Lv1wzCeeI/

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Hackers steal $45M from ATMs in just hours

NEW YORK (AP) ? A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday ? and outmoded U.S. card technology may be partly to blame.

Seven people are under arrest in the U.S. in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic swipe cards carrying information from Middle Eastern banks. The fraudsters moved with astounding speed to loot financial institutions around the world, working in cells including one in New York, Brooklyn U.S. Attorney Loretta Lynch said.

She called it "a massive 21st-century bank heist" carried out by brazen thieves.

One of the suspects was caught on surveillance cameras, his backpack increasingly loaded down with cash, authorities said. Others took photos of themselves with giant wads of bills as they made their way up and down Manhattan.

Here's how it worked:

Hackers got into bank databases, eliminated withdrawal limits on pre-paid debit cards and created access codes. Others loaded that data onto any plastic card with a magnetic stripe ? an old hotel key card or an expired credit card worked fine as long as it carried the account data and correct access codes.

A network of operatives then fanned out to rapidly withdraw money in multiple cities, authorities said. The cells would take a cut of the money, then launder it through expensive purchases or ship it wholesale to the global ringleaders. Lynch didn't say where they were located.

It appears no individuals lost money. The thieves plundered funds held by the banks that back up prepaid credit cards, not individual or business accounts, Lynch said.

She called it a "virtual criminal flash mob," and a security analyst said it was the biggest ATM fraud case she had heard of.

There were two separate attacks, one in December that reaped $5 million worldwide and one in February that snared about $40 million in 10 hours with about 36,000 transactions. The scheme involved attacks on two banks, Rakbank in the United Arab Emirates and the Bank of Muscat in Oman, prosecutors said.

The plundered ATMs were in Japan, Russia, Romania, Egypt, Colombia, Britain, Sri Lanka, Canada and several other countries, and law enforcement agencies from more than a dozen nations were involved in the investigation, U.S. prosecutors said.

The accused ringleader in the U.S. cell, Alberto Yusi Lajud-Pena, was reportedly killed in the Dominican Republic late last month, prosecutors said. More investigations continue and other arrests have been made in other countries, but prosecutors did not have details.

An indictment unsealed Thursday accused Lajud-Pena and the other seven New York suspects of withdrawing $2.8 million in cash from hacked accounts in less than a day.

Such ATM fraud schemes are not uncommon, but the $45 million stolen in this one was at least double the amount involved in previously known cases, said Avivah Litan, an analyst who covers security issues for Gartner Inc.

Middle Eastern banks and payment processors are "a bit behind" on security and screening technologies that are supposed to prevent this kind of fraud, but it happens around the world, she said.

"It's a really easy way to turn digits into cash," Litan said.

Some of the fault lies with the ubiquitous magnetic strips on the back of the cards. The rest of the world has largely abandoned cards with magnetic strips in favor of ones with built-in chips that are nearly impossible to copy. But because U.S. banks and merchants have stuck to cards with magnetic strips, they are still accepted around the world.

Lynch would not say who masterminded the attacks globally, who the hackers are or where they were located, citing an ongoing investigation.

The New York suspects were U.S. citizens originally from the Dominican Republic, lived in the New York City suburb orf Yonkers and were mostly in their 20s. Lynch said they all knew one another and were recruited together, as were cells in other countries. They were charged with conspiracy and money laundering. If convicted, they face 10 years in prison.

Arrests began in March.

Lajud-Pena was found dead with a suitcase full of about $100,000 in cash, and the investigation into his death is continuing separately. Dominican officials said they arrested a man in the killing who said it was a botched robbery, and two other suspects were on the lam.

The first federal study of ATM fraud was 30 years ago, when the use of computers in the financial community was growing rapidly. At the time, the Bureau of Justice Statistics found nationwide ATM bank loss from fraud ranged from $70 and $100 million a year.

By 2008, that had risen to about $1 billion a year, said Ken Pickering, who works in security intelligence at CORE Security, a white-hat hacking firm that offers security to businesses.

He said he expects news of the latest ring to inspire other criminals.

"Once you see a large attack like this, that they made off with $45 million, that's going to wake up the cybercrime community," he said.

"Ripping off cash, you don't get that back," he said. "There are suitcases full of cash floating around now, and that's just gone."

___

AP Technology Writer Peter Svensson in New York, AP National Writer Martha Mendoza in San Jose, Calif., and Associated Press writer Ezequiel Abi? L?pez in Santo Domingo, Dominican Republic, contributed to this report.

Source: http://news.yahoo.com/feds-nyc-hackers-stole-45m-atm-card-breach-155109500.html

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