The Financial Crisis in Charts

Thought I’d offer a brief history of the financial crisis as seen through Google Insights, which measures the popularity of a search term over time. Interest in the word subprime spiked a couple of times in 2007 (above) before we figured out it was all about toxic debts (below): and credit crunches: Then we realised …

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Teaching Kids to Get into Interactive Debt

Next mealtime, expect your kids to pester you to take out a loan on a new Scion. They’ll probably have filled in the forms for you. A month ago the NYT wrote about how a kids’ virtual world website, Whyville, was cutting a deal with Toyota to promote the Scion, allowing the youngsters to buy …

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How Long Did The ‘Biggest Data Theft In History’ Go Unreported?

I continue to be intrigued, but somewhat perplexed, by the CardSystems security breach that happened nearly two months ago now. Who knew it first, and who told who, and when? And why did it take so long to tell the rest of us? A U.S. company claimed it was its software that first spotted the …

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Wiretapping Your Way Into Credit Card Fraud

If you think the Internet is a scary place for stealing your sensitive bank data, try your local gas station. The Star Tribune in Malaysia reports that criminals there are increasingly intercepting the transmission of credit card data between the point of sale machines that swipe your card and the bank. This data, incredibly, is …

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News: Come To Australia, Skim Central

Looks like Australia is becoming a haven for credit card fraud, or at least a part of the business. An article on News Interactive says that losses by Australian banks to credit card skimming have risen by more than 400 per cent in the past year, according to The Australian Crime Commission (ACC). Organised groups …

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Software: Money, Money, Money

Microsoft has just released a new version of its Money software, 2004. New features: — An extensive Credit Center provides a free credit report and one year of ongoing credit monitoring, in addition to a summary of debt accounts, educational content, access to “what-if” scenarios and information on credit protection. — Money 2004 Premium offers …

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