Western Union reveals customer data theft NEW YORK, July 17 (UPI) -- The U.S. wire-transfer company Western Union admitted that thousands of customers' personal information was stolen this year by a group of hackers. While the company admitted to losing more than 20,000 customers' personal data in the computer attack on one of its databases in May, company spokeswoman Sherry Johnson said that information hasn't been used for illegal purposes since then, the New York Post said Tuesday. Johnson added that FBI investigators have been called in to look into the computer theft. The stolen data included customers' names, phone numbers, addresses and credit card information, the Post said. The information was stored on a database with poor security when the computer theft occurred in late May, the company said. The Post said that Western Union began informing its customers of the theft July 6 and has offered those customers targeted by the crime a free year of credit monitoring.
saya cut & paste dari laman web SC.
-- Edited by Hamid at 00:04, 2007-07-20
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a. Siapa dia Western Union ni? Western Union adalah salah satu syarikat pengurusan wang terbesar di dunia menguruskan Wire-Transfer dan Telegraphic Transfer.
b. Bila ditubuhkan? Ditubuhkan pada 1851 di Rochester New York.
c. Siapa agen Western Union kat MY? i. BCB ii. Pos Malaysia Berhad iii. RHB
sikit tambahan, Western Union umpama bank yg terima/keluar TT dlm USD currency dr semua bank di dunia(dah ada perjanjian dgn bank2 terpilih).kalo anda ada a/c dgn CIMB nak antar TT USD curr ,CIMB akan guna agent tulah
SEC seeks to sue Dow Jones director WASHINGTON, July 18 (UPI) --
The U.S. Securities and Exchange Commission plans to sue a Dow Jones & Co. board member for insider-trading, The Wall Street Journal reported Wednesday.
Bank of East Asia Ltd. Chairman and Chief Executive Officer David Li received a so-called Wells notice saying the SEC staff had determined it would bring a civil action against him, the Dow Jones newspaper reported.
Li has one last chance to persuade the agency not to bring the case, the notice said.
A woman who answered the phone at Li's Hong Kong home told the Journal he was unavailable to comment.
Li said in May he "did not disclose to anyone, not even my wife, any information about Dow Jones."
An SEC spokesman declined to comment.
The SEC alleges Li is connected to Hong Kong businessman Michael Leung Kai Hung, who the SEC alleges transferred money to his daughter and her husband -- which the couple then used to buy 415,000 shares of Dow Jones stock -- two weeks before Rupert Murdoch's initial overture to buy Dow Jones was made public.
The SEC charged the Hong Kong couple May 8 with insider trading.
A federal judge froze their Dow Jones assets.
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thanks mr hamid for the great info... teruskan kajian saudara...~
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..: Your money will work for you, and you will always have enough -- more than enough -- when you give it energy, time, and understanding! :..
* Financial freedom is when you have power over your fears and anxieties instead of the other way around. *
Itulah betapa seriusnya pihak SEC di USA menangani isu "insider trading". Tapi, di Mesia ni, ..... insider trading?????? HAMPEH!!! Sebab, ......... the powers that be will determine whether to prosecute or not to prosecute.
Bear Stearns freezes hedge fund's assets NEW YORK, Aug. 1 (UPI) --
Bear Stearns Cos. froze the assets of a hedge fund that had put some $900 million in U.S. mortgage investments, stopping investors from taking money from it.
The fifth-largest U.S. investment bank said it suspended investor redemptions from its Asset-Backed Securities Fund and would report a loss for July.
The fund has less than 0.5 percent of its assets linked to subprime mortgages -- unlike two other Bear Stearns funds that collapsed and filed for bankruptcy late Tuesday.
Bear Stearns said its Asset-Backed Securities Fund, whose investments are tied to Alt-A and prime mortgages, are worth more than current market conditions suggest.
"We believe the fund portfolio is well positioned to wait out the market uncertainty," Bear Stearns spokesman Russell Sherman told The Wall Street Journal.
"And we believe by suspending redemptions, we can ensure the best long-term results for our investors," he said. "We don't believe it's prudent or in the interest of our investors to sell assets in this current market environment."
Sherman added, "There are no plans to shut down the fund."
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British banks accused of lending-fee scam GLASGOW, Scotland, Aug. 1 (UPI) -- British banks refunding $2 billion to customers for illegally inflating mortgage-exit fees are now inflating up-front fees, a consumer advocacy group alleged. Moneyfacts of Norwich accused 10 banks, including ones tied to Britain's biggest mortgage lender, HBOS PLC, of attempting to recoup exit-fee reimbursements by increasing arrangement fees on new mortgages. Arrangement fees, covering administration and a fee to reserve the money for mortgages, either increase the mortgage's size or reduce its value. The banks accused in the scam include the Bank of Scotland, Birmingham Midshires and NatWest Mortgage Services, The (Glasgow) Herald reported. The Bank of Ireland led the way on higher fees, increasing its arrangement fees by up to $2,000, the newspaper said. "If it is the case that some lenders are increasing arrangement fees to offset the loss of exit fees then the spotlight will remain on those companies," Parliament Treasury Select Committee Chairman John McFall told the newspaper. An HBOS spokesman said increased arrangement charges were not comparable to exit fees because they were geared toward business customers.
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New service offers electronic cash CHICAGO, Aug. 10 (UPI) --
Ever been out for lunch with a friend and suddenly find you have no money - an embarrassing problem is now being solved by electronic cash.
Chicago cell-phone users are getting a look this month at a new service in which one party can literally "dial for dollars" and settle a debt instantly using the phone, the Chicago Sun-Times reported.
Obopay, a San Francisco-based wireless company, is hawking the product in Chicago and Boston in a joint campaign with Citi, the financial services company.
The Obopay system works on any cell phone, according to Ramy Mora, the company's vice president of marketing. A user can download free software and have money placed into an account.
If a user wants to send money to a friend, he can key in the friend's phone number and the dollar amount. Recipients can get money if they don't have Obopay -- but they have to sign up with the program to access money. Users don't have to be Citi customers. The fee is 10 cents to send money.
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