Monday, April 4, 2011

Here we go again ...

How many times are these large data miners gonna be compromised before people understand how vulnerable their data is when these companies only see it as a commodity and not someone's life?

Amplify’d from venturebeat.com

Epsilon data breach results in a huge loss of customer data

April 2, 2011 | Dean Takahashi

Epsilon, the world’s largest provider of permission-based email marketing, has suffered a huge data breach. That means hackers may have swiped customer data belonging to the world’s biggest brands.

Epsilon sends more than 40 billion emails a year on behalf of 2,500 brands. Security Week said the breach has affected a number of those brands, including grocery retailer Kroger, TiVo, Marriott Rewards, Ritz-Carlton Rewards, US Bank, JPMorgan Chase, Capital One, Citi, McKinsey & Company, New York & Company, Brookstone, and Walgreens.

At first, the breach was believed to have affected only Kroger. But more and more companies have been confirming that they have had their data stolen as well. Epsilon builds and hosts customer databases for brands, making it a prime target for hackers. In many cases, the data lost is simply someone’s email address. But Security Week says that’s all that a hacker needs to try a targeted phishing attack against the customer, who will expect to have communication from these brands. You might, for instance, receive a message from Brookstone about a special offer addressed to your name. But it may be carrying a virus that exposes you to data theft if you simply open the email. These kinds of phishing attacks are likely to have a higher success rate.

Marriott Rewards and Ritz Carlton Rewards told SecurityWeek that their customer names, email addresses, and member point balances were exposed. Citi warned customers via Twitter about the incident. Epsilon disclosed the breach late Friday.

Read more at venturebeat.com
 

Do you know if your app turns on the mic on your phone?

Guerrilla Psychonautics By Neil Kramer: Feb 2010



Video available at Blip.tv http://bit.ly/i6beNn

And at the BBC5.tv http://bit.ly/fCbDlg

Or Download

An Intro. to a Resource-Based Economy [ TEDx - Peter Joseph ]

Saturday, April 2, 2011

Thom Hartmann: Must see! The TRUE story of the Tea Party

Why Know Drugs?

Graham Hancock - full Know Drugs Interview

Government owned bank saves Japan

But there are those who want to imperil them by privatizing ...

Amplify’d from www.huffingtonpost.com


Why the Japanese Government Can Afford to Rebuild: It Owns the Largest Depository Bank in the World


Ellen Brown


Civil litigation attorney; author of "Web of Debt"



The Japanese government can afford its enormous debt because it owns the bank that is its principal creditor. But competitors are attempting to force the bank's privatization. If they succeed, they could propel the country into debt servitude along with other credit-strapped nations.



When an IMF spokeswoman said at a news conference on March 17 that Japan has the financial means to recover from its devastating tsunami, skeptical bloggers wondered what she meant. Was it a polite way of saying, "You're on your own?"

Spokeswoman Caroline Atkinson said, "The most important policy priority is to address the humanitarian needs, the infrastructure needs and reconstruction and addressing the nuclear situation. We believe that the Japanese economy is a strong and wealthy society and the government has the full financial resources to address those needs." Asked whether Japan had asked for IMF assistance, she said, "Japan has not requested any financial assistance from the IMF."

Skeptics asked how a country with a national debt that was over 200% of GDP could be "strong and wealthy." In a CIA Factbook list of debt to GDP ratios of 132 countries in 2010, Japan was at the top of the list at 226%, passing up even Zimbabwe, ringing in at 149%. Greece and Iceland were fifth and sixth, at 144% and 124%. Yet Japan's credit rating was still AA, while Greece and Iceland were in the BBB category. How has Japan managed to retain not only its credit rating but its status as the second or third largest economy in the world, while carrying that whopping debt load?



The answer may be that the Japanese government has a captive funding source: it owns the world's largest depository bank. As U.S. Vice President Dick Cheney said, "Deficits don't matter." They don't matter, at least, when you own the bank that is your principal creditor. Japan has remained impervious to the speculative attacks that have crippled countries such as Greece and Iceland because it has not fallen into the trap of dependency on foreign financing.

Because Japan's enormous public debt is largely held by its own citizens, the country doesn't have to worry about foreign investors losing confidence.

If there's going to be a run on government debt, it will have to be the result of its own citizens not wanting to fund it anymore. And since many Japanese fund the government via accounts held at the Japan Post Bank -- which in turn buys government debt -- that institution would be the conduit for a shift to occur.

By privatizing Japan Post, [Koizumi] aims to break the stranglehold that politicians and bureaucrats have long exercised over the allocation of financial resources in Japan and to inject fresh competition into the country's financial services industry. His plan also will create a potentially mouthwatering target for domestic and international investors: Japan Post's savings bank and insurance arms boast combined assets of more than ¥380 trillion ($3.2 trillion) . . .
Read more at www.huffingtonpost.com