Enticing e-mails -
Beware!
Beware! There are strong
chances of enticing e-mails finding their way into your inbox. Like the
computer viruses, the swindlers are on the prowl on the Net, Khaleej
Times reports. Thanks to the marketing of country-specific e-mail IDs
for a few dollars by dotcom companies, an increasing number of UAE
nationals and residents are receiving 'private and confidential' e-mails
from individuals trying to become familiar in order to cheat them
through their 'business proposals' and 'share the booty' schemes.
Interestingly, the telephone and fax numbers given out in the e-mails
are either non-functional or just gets your bill up and up as you try to
make sense out of the conversation with the party on the other end.
Dotcom companies say it is easy to create as many e-mail accounts as one
wishes and it is impossible to track down the real identities. Such
swindlers cleverly trap their victims by getting information about them.
Cloning ATM cards
Tools that allow crooks to
clone automated teller machine (ATM) or credit cards are easily
available and can be bought via the Internet, security consultants told
The Straits Times. "You could basically mail-order the entire
thing. It's simple," one of them noted. The use of such skimming
equipment, particularly by crooks, came into focus recently when they
cloned the ATM card of a DBS Bank customer after she used it to withdraw
money in Kuala Lumpur. In this case, the culprits had installed the
device secretly at the ATM and copied data from her card when she
inserted it into the slot unwittingly. A pinhole camera then filmed her
as she keyed in her personal identification number (PIN). She found out
she had lost about $3,700 to thieves only after returning. While similar
cases have not been reported here, IT consultants told that the cloning
devices work by zapping the encrypted numbers stored on the magnetic
strips of the ATM cards.
Hunting ground
A few IT companies are
pitching for talent from Ivy League campuses like Wharton, Stanford and
Harvard, Economic Times reports. Though the presence of the Indian
industry is currently miniscule and largely restricted to IT, Indian
students are hopeful that this could be the beginning of a trend. Among
those that did advertise on these campuses are Infosys Technologies,
Wipro, HCL and Satyam Computers. Incidentally, the Indian presence on
foreign campuses comes at a time when some of the same companies have
actually decided to cut back on on-campus recruitments locally this
year. Several companies are still in the process of absorbing the campus
recruitments made for the last financial year 2001-02.
Banking software
Demand for a greater
variety of banking software is prompting more Indian IT companies to
become product developers and not solely software service providers,
according to a joint industry survey as published in The Indian Express.
The Banking System Survey 2002-03 found 44 per cent of the 68 responding
IT companies planed to come out with banking products. That marks a
shift in focus away from depending almost exclusively on software
services. As
a result, IT products from the banking, financial and insurance sector
are likely to account for over 25 per cent of domestic IT industry
revenues by 2005, says Nasscom. IT implementation in public sector banks
has been commendable over the past two years. The number of fully
computerised branches has increased from 5,514 in September 2000 to
11,578 in March 2002 and the PC nodes increased from 95,090 to 1,65,986.
|