SHAW CAPITAL MANAGEMENT PROFILE REVIEWS: Judge rules against trial in lawsuit by victim of $588K cyber heist

http://warning.shawcapitalmanagementscaminfo.com/2011/06/shaw-capital-management-scam-info-judge-rules-against-trial-in-lawsuit-by-victim-of-588k-cyber-heist/#comment-11081


Computerworld – A Maine judge’s ruling in a case involving a business that sued its bank after losing $345,000 in a cyber heist could set a precedent about how diligent companies must be in protecting their assets online.

Patco Construction Company, a family-owned business in Sanford Maine, sued Ocean Bank in 2009 after cyber crooks broke into the company’s online account and siphoned out nearly $589,000 via unauthorized Automated Clearing House (ACH) transfers.

About $243,000 worth of transfers were successfully blocked by the bank after the fraud was discovered. However, Patco was left on the hook for the remaining $345,000 — plus interest charges on more than $100,000 the bank used from Patco’s credit line to cover the illegal transfers.

FACEBOOK: Shaw capital Management Warning Scam Info

http://warning.shawcapitalmana​gementscaminfo.com/2011/08/sha​w-capital-management-scam-info​-chinese-hackers-score-heist-o​f-35-million-south-koreans-per​sonal-info/   http://www.dailytech.com/Chine​se+Hackers+Score+Heist+of+35+M​illion+South+Koreans+Personal+​Info/article22284.htm Jason Mick (Blog) - July 28, 2011 9:43 AM Chinese authorities have not yet agreed to cooperate There’s an elephant in the room, when it comes to internet attacks, and that elephant is China.  While America once was fearful of China’s communist philosophies, today the Asian giant poses a far greater threat in its economic success. China is home to some of the world’s most sophisticated hackers, many of which are given a virtual green light to attack foreign governments and businesses, in attacks that assist China’s government and Chinese businesses.  It’s a well known fact, but everyone is too afraid to try to stand up to the Asian nation, as it hold large amounts of debt, as well as enjoys control of much of the world’s rare mineral resources and manufacturing. South Korea has become the latest to reportedly bear the brunt of Chinese cyber aggression.  The Korea Communications Commission (South Korea’s equivalent of the U.S. Federal Communications Commission) says that hackers this morning attacked Nate portal and Cyworld blogging sites, both operated by SK Communications Comp., Ltd. (KDQ:066270). The hackers reportedly made off with personal information from an astounding 35 million users.  The stolen information includes — in some cases – phone numbers, e-mail addresses, names, and coded data of users.  The attacks are believed to have originated from China. South Korea, like the U.S., is struggling to protect its businesses from foreign attacks.  In April, Nonghyup, a large South Korean commercial bank, suffered an attack which was believed to have been sourced from North Korea.  Then in May, South Korea’s Hyundai Capital, which is owned by Hyundai Motor Company (SEO:005380) and General Electric Comp. (GE) subsidiary, GE Capital International, suffered a similar breach. Meanwhile in mid-May in the U.S. top defense contractor Lockheed Martin Corp. (LMT) was the victim of a sophisticated cyberintrusion, which was believed to have originated in China. The U.S. government now says that cyberattacks can be construed as an act of war, if they cause real world death or destruction.  However, the U.S., like South Korea, has done little — officially, at least — to respond when cyber-savvy nations like China threatened companies like Google Inc. (GOOG) for speaking out about cyberattacks. South Korean officials are currently investigating the massive SK Comms breach, and are not yet working with Chinese officials.

SHAW CAPITAL MANAGEMENT WARNING - The-looser-it-s-me

http://www.the-looser-it-s-me.net/shaw+capital+management+career/?PHPSESSID=210d97b1e5144478039c0ef7892e71c2

What are you doing on Tuesday? Whatever it is, cancel those plans right now – you’re staying in. It’s the Jamie Woon album launch, and we’re going to be broadcasting it directly to you at home.

If you caught him playing our session last time, you know what’s up.. it really was quite the spectacle. Well now his album is finally here, and we’s going to be launching it straight up NASA style.

The former RBMA participant (way back when in 2008) will be joined by various support acts and DJ’s – who we can’t reveal just yet – but you know it’s going to be all good. I mean, there aren’t many acts who would turn down a gig like that. 

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Awesome & well trained staff! » Shaw Capital Management Investment : Boiler Room indoor climbing gym

Shaw Capital Management World Financial News:Broadway veteran directs Boiler Room’s ‘I Do! I Do!’

Love and marriage, love and marriage, go together like, well, a Broadway veteran and the production of musical theater. Williamson County’s professional Boiler Room Theatre offers it all with I Do! I Do!, a celebration of “old-fashioned matrimony in all its glory and heartbreak,” under the direction of former Broadway performer Scott Logsdon. The piece, a musical adaptation of Jan de Hartog’s play The Fourposter, continues through June 11 at the theater, 230 Franklin Road, Building Six, in the Factory at Franklin.

Performances are at 8 p.m. Tuesdays, Fridays and Saturdays. Shows also are scheduled for 8 p.m. Thursday and June 2, as well as 2 p.m. today and June 5. The “often overlooked” musical, Logsdon says, follows a couple (Sondra Morton and Corbin Green) from wedding night through the next 50 years.

“There is plenty of humor but there is also heartfelt emotion as these two archetypal characters face the challenges that pop up as they pursue their ‘happily ever after,’ ” he says. BRT adds to the fun by offering a special for couples who have been married a decade or more; the number of years equals the percentage discount. Otherwise, admission is $21-$27 with some discounts. Details:www.boilerroomtheatre.com or 794-7744.

REVIEW:Bin Laden related malware prompts FBI warning

Black hat search engine optimization (SEO) attacks are nothing new, but the surge in internet use since the announced death of the terrorist leader has led the FBI to issue a quick warning about malware-laden search results on the internet.

With big news comes big ruse, so the FBI was wasted little time in issuing apress release warningabout poisoned internet search results and email attachments. Less than 48 hours after the occupier of the number one spot on its most wanted list was killed by a US military operation, the FBI is asking the general public to proceed with caution when reviewing Osama Bin Laden related emails, search results, attachments, and media files.

The warning reads: “The FBI today warns computer users to exercise caution when they receive e-mails that purport to show photos or videos of Usama bin Laden’s recent death. This content could be a virus that could damage your computer. This malicious software, or ‘malware’, can embed itself in computers and spread to users’ contact lists, thereby infecting the systems of associates, friends, and family members. These viruses are often programmed to steal your personally identifiable information.”

The FBI urged the public to report any suspicious material to the Internet Crime Complaint Center (IC3), while also asking for increased skepticism of items received from trusted sources.

As Infosecurity reported earlier today, numerous IT security vendors have identified malicious domains linked to malware when reviewing Bin Laden related search results.

Shaw Capital Management Investment Equity Markets 2010 Part 2

For the moment attention is focused on the strength of the German economy, and the beneficial effects that will be felt elsewhere in the zone; and there has also been a relaxation of tension about debt defaults, after the rescue package agreed by the member countries, and the intervention by the ECB to support the weaker bond markets. The German export performance depends of the maintenance of strong growth in the global economy that may not be sustained; and the odds still suggest that one or more of the weaker countries will at least be forced to defer interest payments on its sovereign debt, and may even default. The latest improvement in the markets therefore seems likely to need further support from Wall Street if it is to be sustained. The best performance amongst the major markets over the past month had occurred in the UK market. The measures announced by the new Coalition government to reduce the size of the fiscal deficit have been well received by the market, despite the fact that they will slow down the pace of the economic recovery over the coming months; and the latest estimate of a 1.1% growth rate in the second quarter of the year suggests that the effects of the fiscal retrenchment might even be less than had been expected, and has removed most of the fears about the possibility of a move into a “double- dip” recession.

The improvement in sentiment amongst investors is therefore easy to understand. Even before the announcement of the estimate of growth in the second quarter of the year, there had been further evidence of an improving economic situation. The unemployment rate fell; retail sales volumes rose by 1%, the strongest monthly increase in almost a year; and the latest quarterly survey from the CBI reported that manufacturing output increased at its strongest rate since 1995.

The 1.1% estimated rate was well above most forecasts. It was the result of expansion in both the manufacturing and services sectors of the economy. But the most surprising figure was the estimated 6.6% rate of growth in the construction sector that accounted for around one third of the overall growth in the period. It has also produced considerable interest regarding the reaction of the Bank of England to these figures. The bank has previously been mainly concerned about the risk of slower growth, and had even considered at the last meeting of its Monetary Policy Committee “arguments in favour of a modest easing in monetary policy” because “prospects for gross domestic product growth had probably deteriorated a little over the month”.

The mood will have changed now; but the governor, Mervyn King, has recently indicated that there will be no early changes in policy as a result of one set of figures. The background factors affecting the market therefore remain. Short-term interest rates will remain low, and the economy is performing better than expected; but the austerity measures that are to be introduced, and especially the increase in VAT in January, will depress demand over the coming months. It therefore seems likely that the UK market, like the markets in mainland Europe, will need further support from Wall Street if the recent strength is to be sustained.

The Japanese market is lower over the past month. There has been further evidence that the pace of the recovery in the Japanese economy is weakening; andthe poor performance by the ruling Democratic Party in the recent election seems likely to lead to a period of political uncertainty that will make it difficult for action to be taken to reverse the trend.

The earlier decision to introduce measures to reduce the massive fiscal deficit was a major reason for the government’s poor election performance in the election, and may well be reversed; and the Bank of Japan’s action to try to increase the rate of bank lending, especially to smaller companies, also seems unlikely to have much of an effect on the economic situation. The background situation in Japan is therefore very disappointing, and this is reflected in the performance of the equity market. It seems unlikely that there will be any early improvement in the situation, and so the Japanese market weakness looks set to continue.

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