Ecommerce

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Though it has been only 5 months into the current year, we can already call it the most “DDoS productive” year as DDoS or DoS attack industry has reached its peak this year. Judging by victims and affected sites, this “bad luck” can be called as the Internet plague of XXI century. We have already covered the subject of DDoS attacks, their nature and the ways of realization. And also we have said that even such giants as Yahoo, eBay, Amazon, Buy.com, Datek, CNN and others failed to escape from it. This year the main victim of cyber criminals was Liberty Reserve payment system, which was disabled several times in 2008.

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In the UK Norwich and Peterborough Building Society conducted a survey on how Internet banking influences its customers. The poll was timed to the tenth anniversary of the internet banking service provided by the society.

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Cambiste, a French provider of Web-based foreign exchange trading services was purchased by Danish online investment bank Saxo.

Cambiste was introduced by former Calyon trader Pierre-Antoine Dusoulier in April 2006. The project was aimed to enable regulated, on-shore forex trading services in France.

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Next week Barclays is going to launch Monthly Savings, a new, leading savings account, with fixed 7.75% AER (7.49% gross p.a.).

With the new account customers will pay an amount ranging from

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Nigerian market is to see the introduction of a new brand of MasterCard credit cards with improved characteristics intended to enhance customer satisfaction during financial transactions. The new product is to be introduced by First City Monument Bank plc (FCMB).

The card is said to provide better holder identification and upgraded features to bring more convenience to the shoppers. Now the product is undergoing pilot stage. The card will have the phhttp://ecommerce-journal.com/news/nigerian_plastic_cards_to_meet_convenience_needsot ograph of the holder embossed on it.

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Here is a new legal action update of Royal Manchester Five (RMF) scam which based in the Philippines as we found on PinoyMoneyTalk. The National Bureau of Investigation filed charges last week against eight officers and incorporators of the Royal Manchester Five Ponzi scam, and they are Cyrus Hao, RMF board chair and president; Edwin Rosas, senior vice president; Rowena Uy, treasurer-chief finance officer; Joseph Bualoy, chief operations officer; Joesedev Colina, executive vice president; Cyril Alexander Digo, sales agent; Estrella Digo, sales agent; and Clarence Lao, sales agent. This legal action was taken placed when a few victims of this scam made reports and complaints to the authority and millions of pesos have been scammed by those who owned and operated this program.

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Continuing its persecution of online gambling business the US government has fined Citadel, Canada-based payment processor. In case of non-payment the persecution would have been continued.

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It is now much easier for fraudsters to commit their criminal acts. Resorting to their numerous wiles they manage to deceive the equipment used by most e-retailers to verify the identity of cardholders so as to steal goods from the stores.