Posts Tagged ‘security’

Wal-Mart: taxpayer-subsidized low prices


While the economy tries to pull out of its downward spiral, consumers are flocking to discount department stores like Wal-Mart, looking for the cheapest products they can find. But Wal-Mart’s prices are low for a reason: its business model includes relying on public benefits and services for everything from store security to employee healthcare.
So if [...]

How Outsourced Call Centers Are Costing Millions In Identity Theft


How Outsourced Call Centers Are Costing Millions In Identity Theft | Consumerist

Credit card industry kills Mythbusters attempt to examine RFID security


Credit-card companies killed Mythbusters segment on RFID vulnerabilities | Boing Boing

Most Bank Websites Are Insecure


Most Bank Websites Are Insecure | /.

Big surprise: greedy subprime security buyers didn’t listen to their own consultants


Tracy Warren was a quality-control consultant for Bear Stearns and other mortgage security purchasers on Wall Street. Her job was to review mortgage loans to determine whether they had merit for investment purposes. (She saw the loans after they were made, but before they were sold to investors and led to the national economy’s crash-and-burn [...]

Securitization (or, why you can’t work out a lower mortgage payment)


“Securitization” is a hot word in money circles, but I don’t think many people outside of Wall Street know what securitization is or what it means. The Wikipedia entry on securitization is very good, but a bit technical. I think I can boil it down a bit more.
Any asset can be securitized. One asset we [...]