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Can cyber-crime result in global financial systemic risk?

Trends in the Living Networks

On Saturday I was interviewed on SBS World News about the ATM heist that netted $45 million from 40,000 withdrawals over 26 countries. It was an extremely sophisticated attack, involving not just hacking credit card payment processors and banks, but also eliminating the limits on prepaid debit cards before creating thousands of copies.

Financial 158
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Cloud Musings by Kevin L. Jackson: NJVC® VP and GM, Cloud.

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. Sunday, March 18, 2012. Jackson to Speak on Cloud Security at 2012 Emerging Threats and Cyber Defense Symposium. ▼ 2012. (27). Cloud Musings on Forbes. NJVC Cloud Computing.

Cloud 90
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How Melinda French Gates’ fortune has ‘transformational potential’ to boost women’s equity

GeekWire

Recipients include: Till Financial , a platform for helping kids learn about savings and banking. But in 2012 French Gates, herself a Catholic, returned to contraceptives. As people wonder what path French Gates will follow, they’ve looked to Scott , whose current net worth is an estimated $58 billion. Getting loud.

Nonprofit 122
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Former AWS real estate managers, accused of taking millions in kickbacks, challenge Amazon’s motives amid FBI investigation

GeekWire

Nor has the company canceled two contested land deals, one of which saw Nelson and Kirschner work with two Northstar employees to buy land in northern Virginia and sell it to Amazon — netting them a collective $18 million in the process. Amazon contends the money was deposited into Watson’s personal bank account.

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

Bank Tower recently sold for about $260 a square foot. GI Partners and CalPERS formed TechCore in early 2012 to acquire technology-advantaged properties, including data centers, internet gateways, corporate campuses for technology tenants and life science properties. | High Net World HNW Magazine. December 2012 (151).

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Jail Time for Russian Hacker Who Made Millions

SecureWorld News

Tyurin has been sentenced to 144 months in prison for " computer intrusion, wire fraud, bank fraud, and illegal online gambling offenses in connection with his involvement in a massive computer hacking campaign targeting U.S. Morgan Chase Bank, E*Trade, Scottrade, and the Wall Street Journal , as well as others.

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6 Steps to Financial Freedom

Galido

Plus, it gets better: According to Census Data, earning a graduate degree will net a person another $20,000 per year — that’s $45,000 more, year after year! They can jest all they want because I’ll be laughing all the way to the bank! If it did, everyone would have a few million dollars in their bank account. But guess what?