Thursday, June 30, 2005
Google sued over 'click fraud' in Web ads - Tech News & Reviews - MSNBC.com
Google sued over 'click fraud' in Web ads - Tech News & Reviews - MSNBC.com: "SAN FRANCISCO - A seller of online marketing tools said Wednesday it sued Google Inc., charging that the Web search giant has failed to protect users of its advertising program from 'click fraud,' costing them at least $5 million.
Click Defense Inc. filed its lawsuit, which also seeks class action status, on June 24 in U.S. District Court in San Jose, California.
Click fraud is not 'fraud' as defined under the law. Rather, it is an industry term used to describe the deliberate clicking on Web search ads by users with no plans to do business with the advertiser. Rival companies might employ people or machines to do this because the advertiser has to pay the Web search provider for each click."
Wednesday, June 29, 2005
The credit card system's weak link?
The credit card system's weak link? - Technology & Science - MSNBC.com: "The criminal exploit that exposed 40 million credit card accounts to possible fraud is shedding light on an arcane but sensitive piece of the financial industry: the hundreds of companies that process transactions between merchants and card issuers.
While enormous in scope, the breach disclosed Friday at CardSystems Solutions Inc. was by no means the first such attack on a card processor.
Many analysts believe that banks and credit card companies, despite working hard to tighten their own security, have failed to force payment processors to maintain similar standards.
'They're not being watched carefully enough,' said Avivah Litan, an analyst with Gartner Inc."
Credit-card firm urged to detail possible fraud - Consumer Security - MSNBC.com
Credit-card firm urged to detail possible fraud - Consumer Security - MSNBC.com: "NASHVILLE, Tenn. - The attorneys general of 44 states demanded Tuesday that the credit card processor responsible for a breach that exposed 40 million cardholders to possible fraud inform affected consumers about the risk.
In a terse letter sent to CardSystems Solutions Inc., the law enforcement officials said the company needs to tell exactly what happened when a computer hacker may have gained access to millions of credit card numbers."
New York unveils redesigned Freedom Tower - U.S. News - MSNBC.com
New York unveils redesigned Freedom Tower - U.S. News - MSNBC.com: "NEW YORK - The newest plan for the Freedom Tower at the former World Trade Center site features a more bomb-resistant design pushed well away from the street and incorporating heavily protected elevators and utilities.
The details are part of a redesign detailed Wednesday for the soaring skyscraper in lower Manhattan, a project that has been delayed by bureaucratic squabbling.
The new design for the 1,776-foot tower is meant to make it more resistant to truck bombs. The building will now be 90 feet � instead of 25 feet � from West Street, the major north-south thoroughfare along the Hudson River."