How to lose your ID easily to fraudster at home?

The researchers in England found out that some of the crucial from the rubbish bin which enable to fraudsters easily to steal your identity. These included:
• Discarded bank details
• National insurance numbers
• Mortgage documents
• Copies of passports
• Credit card numbers with expiry dates and signatures
• Blank cheque
• Unopened letter

In other words, some personal information that we unaware throw into rubbish bin might steal by fraudster easily and make transaction without our notice. These include a date of birth, mother’s maiden name, password or any unopened letter could initiate fraudsters.

There are some recommendations that can reduce fraud:
1. Check your credit report every month to prevent other people using tour identity illegaly
2. When move house, tell everyone that you have moved and ensure mails sent to old house address is then forwarded to you
3. Don’t leave a paper trail in rubbish bin
4. Destroy properly for unused item like photocopy of identity card

There are certain sayings that corporate blogging is a waste of time. That's true, if the company did not maintain the quality of the blogs. In Forrester research, there is only 16% of trust of corporate blogs. Who is going to waste time on quality-less blog? These have leads to why most of the blogs fail in the market. Other than that, there are also certain mistakes in blogging a corporate blog. There are failures in corporate blogging, but there are also successors in corporate blogging.

Other than that, there are also certain researches says that 39% of those who blog at least once a month trust those corporate blogs. Of course, there are certain tactics that have been teached in the research. It says that, it is better not to blog about the products, but problem on what the customer is facing with their products. This shows that, if a corporate blog have been done correctly, it will bring profits to the organization.

Step 2 : Select your preferred flight and fare combination. As picture above, you can choose either one among the four colors that represents difference flight and fare combination.

Step 3 : Review the particulars information that you have entered before. The page would show the final amount you have to pay.

Step 4 : Choose the payment you preferred like credit card, online banking etc. If you have followed all instructions correctly, the purchasing process is done.

In short, this websites is considered as user friendly because it has provided clearly information to user. For example, it shows all the flight fare calculation, payment method that has been choosen, and relevant information like Infuenza A (H1N1) update and advisory. For my opinion, this websites has performed successfully as e-commerce site.

The potentials of mobile payment systems include:

• Location free-access
• Ease of use, convenience, and user-friendly
• Avoidance queue
• Independence of time and place
• Reduce the numbers of cards carried in wallet
• Make ubiquitous purchases
• Complement to cash

Where, mobile payment can generate annual savings of up to 1% of the GDP and increase operational efficiency and productivity levels through expedient payments and receipts of funds. More information can find at http://www.dailyexpress.com.my/news.cfm?NewsID=57966

Strategies to promote mobile payment systems:

• Enhance security and trust in mobile payment service providers

Eg. A transaction record and documentation should provide which enables consumer made follow-up on past payments easily.

• Compatibility of mobile payments

There should have consistence between an innovation and the values, experiences, and need of consumers.

• Simplify of mobile payments

They should simplify the mobile payment methods such as formats of SMS, registeration procedures, billing arrangements and etc.

• Network externalities and creation of critical mass

It is very important because it significantly affected amount of other consumers to adopt this payment system.

More information can be found at

http://www.mobilepayment.com/

http://www.mobilewallet2u.com/lang/en/about_whatis.html

http://www.neowave.com.my/mobilemoney_overview.asp

http://project.hkkk.fi/helsinkimobility/papers/Mobile%20Applications_2_3.pdf

Nowadays, more and more people is applying credit card. And this make the credit card debts are increasing rapidly. For Malaysia, the current credit card debt stood at RM24.4 billion but it was relatively low compare to others religion such as England which is facing a trillion of debts. The credit card debt is creating more and more stress.

Here are the some causes for credit card debts:

-Less income, more expenses
-Saving little money or not at all
-Divorce
-Poor money management
-Hoping to win lottery
-Underemployment
-Big medical expenses
-Financial ignorance
-Non financial communication

For more details, you can visit the website below.
http://www.3debtconsolidation.com/top10-causes.html

Here are the some methods for prevention of credit cards debt:

-Try to get the better offer from the credit card company- this can help to reduce the debts.
-Pay more than the minimum payment require by the credit card company or settle all the debts before making further purchases.
-Cut all the credit card; just remain one for emergency use.
-Use the equity to borrow personal loan to settle the credit cards debt, because normally the personal loan’s interest is lower than the credit card debts’ interest.

For more information, you can visit the website below.
http://www.mozdex.com/prevent-credit-card-debt/

You can use Touch n Go cards to buy burgers???!!!! This might be an advance in the use of touch n go card for the Malaysians, since most of us knows that Touch n Go cards are only applicable on LRT stations or tolls at highway.

But Touch n Go will only be just a system which not much Malaysian will used it, as long as they did not fixed on their major problems. There are certain criticisms with the Touch n Go cards. Other than that, we can realize that there are just a few reload counter. Although they have allow reload of Touch n Go at ATM machines, but what about those who does not possess an ATM card? Or does not use the highway?

Other than that, the maintenance of the Touch n Go card reader. Since the Touch n Go card have been able to be accepted in buses, such as RapidKL, they should be maintaining the machine, so that the "bus takers" will be able to use the system.

Transfer to cash – The money stored can be transfer into cash by Auto Teller Machine.


Pay for toll – Let’s take Touch n Go as example, it is prepaid cash card which is so popular in Malaysia. It is useful for all highways' tolls in Malaysia.


Shop anywhere – Debit card is one of the prepaid cash card, it is accepted for all retail shops.

Make phone call - I Talk is one of the prepaid cash card, it allows people make international or local call at lower rates.

Even prepaid cash card is making us life much easier in purchasing products and services; however, it includes several disadvantages like costs and fees associated with using them. To understand more about it, please refer to http://www.moneysupermarket.com/c/prepaid-cards/guide/2/

Phishing is a type of internet frauds that aim to steal the valuable information of the users such as credit cards, security number and password. It is a fake website that created similar to the original organizations such as bank. An email will send and request the user to access the fake website, and require the user to fill up their personal details and also the security number or password. Once the user fill up their personal details, fake website creator will use the information to steal the user’s money in the bank, ID of the games and so on.

Here are the links that teach you how to prevent the phishing.

http://www.wordspy.com/words/phishing.asp
http://kb.iu.edu/data/arsf.html

Here are the links to teach u how to spot a phishing scam
http://www.webopedia.com/DidYouKnow/Internet/2005/phishing.asp

Example of phishing website:



Bank Phishing Example


Ebay Phishing Example






Let’s all work together to prevent phishing scams. If you receive a suspicious e-mail, please report it. You can send it to the US Federal Trade Commission at spam@uce.gov or you can just click the ‘report as junk’ button on your e-mail program. This will help to reduce the phishing scams and provide a more safety environment for users of internet.

I'm here to share my post again. It is about the application of 3rd party certification programme in Malaysia..
3rd party certification
What is that? According to British Standards Institution (2009), it is an assessment carried out to ensure compliance with a publicly available technical specification.
More detailed information can be found at http://www.bsigroup.com/en/ProductServices/Fire/Fire-alarm-installations/About-the-scheme/Third-party-certification/m/en/ProductServices/Fire/Fire-alarm-installations/About-the-scheme/Third-party-certification/

Where Certificate Authority (CA) is a trusted third-party organization or company that issues digital certificates used to create digital signatures and public-private key pairs. If you still doubt about what is CA, you can go to this link as below
http://webopedia.com/TERM/C/certification_authority.htmla.com/TERM/C/certification_authority.html

MSCTrustgate.com Sdn Bhd
The most famous application of 3rd party certification programme in Malaysia. It is a licensed CA in Malaysia operating within the Multimedia Super Corridor which incorporated in 1999. The company offer SSL Certificate, Managed PKI, Personal ID, My TRUST, MyKAD ID, SSL VPN, Managed Security Services, VeriSign Certified Training and Application Development.
http://msctrustgate.com/about_us.htm.com/about_us.htm




Trustgate
It is a licensed CA in Malaysia which provided by MSCTrustgate.com Sdn Bhd. The diagram below shows the product and services which provide by Trustgate.



I'll be sharing few of the products and services which provided by Trustgate.
Verisign Secure Sockets Layer (SSL) Certificate
It is a technology that developed by Netscape. It is a technology that used to enhance the server security and allows users transmit document or having online transaction safely via the Internet.

More detailed information can be found at
http://www.verisign.com/ssl/ssl-information-center/how-ssl-security-works/
http://www.windowsecurity.com/articles/Secure_Socket_Layer.htmlrity.com/articles/Secure_Socket_Layer.html



Managed PKI (MPKI) for Enterprise Trust Services is designed to secure intranet, extranet and the internet. The diagram below shows how MPKI work.Digital ID is which is basically design for secure the online transactions, documents, and e-mails. MyTRUST gives user more convenient on mobile banking and other financial services which is using the users' SIM card in Mobile digital signature. MyTRUST provides 3 areas of services for government, banks and enterprise. Everyone knows about MyKAD which allow users to make online transaction with government and public sectors. For other products and services, kindly go to these few links:
http://www.msctrustgate.com/product/ssl_vpn.htm
http://www.msctrustgate.com/product/mss.htm
http://www.msctrustgate.com/product/training.htm
http://www.msctrustgate.com/product/app_dev.htm


Thanks for reading my post....please feel free to leave any comment. Have a nice day. =)

Safeguarding have been an important issue in nowadays. There have been more threats in the IT world compare to the history. Basically, the threats can be categorized to 3 category, which are hacker, malicious code(e.g. virus and worms) and vulnerability(errors when programming, attackers take advantage on these errors). Therefore, safeguarding our data is important these days.

Ways to safeguard our data
Firewall and Anti-Virus
The easiest way and common way to protect your data is through the use of firewall and anti-virus. This will enable the users to protect themselves from worms and trojans. It will be important for the users to update their virus definition file.

Scanning
Always scan the computer regularly with an anti-spyware program, to detect the spyware or adware hidden in the software program, as they will slow down the performance of the computer or give chances to the attackers to attack the computer's data.

Update your patches
Update patches of the program regularly, to patch the "hole" inside the program, to prevent attackers taking advantage on it.

Encryption
Encrypt your data to prevent hackers to steal your data. Encryption of data will ensure that unauthrozied people will not be able to gain access to the data, to prevent any loss of data.

Backup
Backup your data always, to prevent any loss of data and could not claim back the data.

http://www.us-cert.gov/cas/tips/ST06-008.html

The first extended use of electronic commerce (E-commerce) appears in the early of 1970s when the system call Electronic Fund Transfer (EFT) was introduced. The function of EFT is enables the bank and the financial institute to transfer the money over the secure network among themselves or with other associate business. The employers use the EFT to pay their employees’ salary by transferring money to their bank account or debit card.

In the late of 1970s, a new model of system was developed - Electronic Data Exchange (EDI) which enables inter-company exchanges of documents, such as order forms for suppliers, invoices, customs forms, reimbursement receipts, stock inventories and etc. EDI ran on a privately maintained network exclusively dedicated to this system. In parallel, many companies used EDI to run their own private networks which were open to their business partners and acted as information exchange highway. These networks are commonly called VAN (Value - Added Networks).

In the late of 1980s, there are two new applications were widely adopted in the business which are electronic mail (e-mail) and groupware.

In the 1991, there is a significant change for E-commerce due to the United State government allows the public access to the internet. The internet is a global network, which allows the business to search for the new market, this make the internet was quickly accepted in the business transaction. Besides, the World Wide Web that emerged in the years when the internet was liberalized rendered e-commerce both more accessible and more affordable. It enabled small business to sense for the first time the benefits that can be reaped from the technology of E-commerce.

As now, more and more businesses are using the e-commerce to conduct their business such as E-bay and Amazon. In the future, I believe that most of the business transaction will be conduct by the E-commerce due to the continuous development of the technology.

E-commerce has been familiar with the world nowadays. There are so many successful examples of e-commerce. Such as
1) Amazon.com which is an online store electronics, apparels, computers, books and so on.

2) E-bay.com provides a market place for customer to sell and buy products.


3) Expedia which is a company serve customer with cheap airfare, hotels, car rental, vacation and cruises.



However, there are also a numbers of e-commerce failures. One of the examples of an E-Commerce failure I found out is Pets.com.

It was an online provider for pets’ accessories and supplies directly to the customer over World Wide Web. It was launched in 1998 and went into liquidation for 268days. After that the site and domain was purchased in early 1999 and started to make advertisement through variety of media such as television, radio and eventually a Pets.com magazine. The Pets.com sock puppet is well known for everybody. In 2000, the company went into public as they expand their market and IPET was their former Nasdaq stock symbol.

However, in the early of November 2000, the company said it is going to sell off its assets, including its distribution center equipment, content and the stock puppet brand icon.

Larry Barrett reported in Cnet news that Pets.com was shutting down because it was unable to find a purchaser or financial banker. Pets.com was finally closed in 9th November 2000. For an Internet company to survive in an environment for business-to-consumer it is very hard.

One of reasons that caused pets.com to close down its business is lack of a workable strategy plan. They tried to build customer base by giving more discount and free shipping to their customer. In fact, the shipping fees were very high because of the products such as cans of pets’ food and bags of dog litter which could not generate high profit for the company. The company was selling one-third of the original price to the customer which means that the company did not make any profit from the selling of merchandise. For the first two quarter in the year 1999, the company had negative gross profit margin; while the third quarter, the company net sales before operating expenses was amounted to $1.62million which a significant amount. Besides that, the company was trading below $1 for the few months before they closed down the business. Furthermore, employees who resign from the company were not replaced which also caused the company could not work effectively and efficiently.

References can be found at the websites as below:

http://en.wikipedia.org/wiki/Pets.com

http://news.cnet.com/2100-1017-248230.html

http://news.cnet.com/Pets.com-moves-part-of-litter-to-Midwest/2100-1017_3-245416.html

http://www.businessweek.com/careers/content/dec2000/ca20001213_830.htm

http://news.cnet.com/Pets.com-to-play-in-public-market/2100-1040_3-234303.html

http://news.cnet.com/Pets.com-goes-belly-up/2100-12_3-267376.html

These 3 companies are giants in the world of internet.

Google
Basically, it revenues come from advertising, which are Google Adwords and Google Adsense.

Google Adwords
This is a pay per click program which was introduced by Google. This advertisement is shown to the users when they are searching the internet through the Google Search Engine, then later on, the advertisement will be shown whether on the top or the right side of the search.
With the pay per click program, advertisers will have to pay everytime a user click on the advertisements. Advertisers will be able to set the keywords that the user will have to type in in order to show their advertisement and the maximum amount they will be willing to pay per click for that specific keyword.

Google Answers
Google Answers was one of Googles' revenue model launched by Google in April 2002. But it had already "shut down". It was an Internet search and research service offered for a fee by Google. In this program, customers will ask a question and offers a price for the answer. Then researchers will answer the questions. Researchers will be paid, but during the process, Google will keeps 25% of the payment and sends the rest to the researchers.

http://organicspam.com/google_revenue_model.asp

eBay
For eBay, their revenue source is from Insertion Fees, Final Value Fees, Successful Listing Fees and Subscription Fees.

When you decided to sell an item on eBay, you will have to pay the basic fees, which consist of both Insertion fees and Final Value fees.

For Insertion fees, it is a fee charged to the seller for listing an item for sale. Insertion fees for all items would not be the same as it varies from the starting price of the item and the category the seller chooses to list in.

For Final Value fees, it is the amount of money that eBay charges the seller when the item was sold. The fees is based on the final price that was sold. There will be no Final Value Fees if the item did not sell off.

When the seller is selling a vehicle, they will require to pay eBay Insertion fee and Successful Listing fee.

For Successful Listing fee, it only appears when the seller is selling a motor vehicle at eBay Motors. It is a fee which calculated like Final Value fees, but sellers will not be charged if there were no bids on the item or the bids does not met the reserve price on the seller's reserve price listing.

If the user is an eBay store owner, then they would be likely to pay up the subscription fees. Subscription fees will be corresponding to the store level of the user. Store level could be categorize as basic, premium and anchor.

http://pages.ebay.com/help/sell/storefees.html
http://pages.ebay.com/HELP/SELL/fees.html#insertionhttp://pages.ebay.com/help/sell/motorfees.html
http://pages.motors.ebay.com/fees/glossary.html#tsf

Amazon.com
For amazon, their revenue comes from certain sources. One of it is when the seller is able to sell their goods. When the sellers sold their goods, Amazon will be collecting sales revenue of the product and shipping fee from the buyer. Later on they will charge the commission or known as the referral fee of 6-15% of the sales price. Other than that, a per-transaction fee of $0.99 and variable closing fee will be charged. However, if the seller is subscribing a Pro Merchant Account, they will not be charged the per-transaction fee.

In the other hand, Amazon also obtain revenue through the subscription fees. Subscription fees will only be charged towards seller who subscribe for a pro merchant account. They will need to pay up the subscription fee every month. For individual account, they will not needed to pay any subscription fees.

http://www.amazon.com/gp/help/customer/display.html?nodeId=1161240

This is not my first time writing a blog post, but it seems harder than usual when writing it. Why? Format perhaps. Normally when I am blogging, I don't really care about the words used or the way to present it. But now, the tutor is going to check on it.

My name is Chua You Heng, born in the year of 1988. Previously studying in Catholic High School, Petaling Jaya, during my secondary school days. Currently, take Bachelor of Commerce (Hons) Accounting in University Tunku Abdul Rahman.

Interest of mines? There is never a fixed interest in my life. There was once my interests are reading, playing basketball, watching tv, listening to music and other stuff. Currently, I am addicted to computer games. Due to the insufficient bandwidth provided by streamyx, online game is not an option for me. So forget about garena and all sort of online gaming stuff. Just stick with some single player game.

Top websites that I have visited are google, cari forum, facebook and imeem. These are the most frequent websites that I visited. Google as my search engine, normally rely on it for assignments. Other than that, I also rely on it, when my PC is facing some problems that I could not understand it. Googling it sometimes may help to solve my problems. Cari forum is a website where you can interact with other peoples and search for the latest and hottest stuff on earth. Facebook? No doubt, a social website which able to make friends. Imeem, able to allow me to listen to musics online.

Hello everyone, I am Teng Chin Chyuan, this is first time for me to create a blog. I am 21 years old and i was borned at Klang. My family consits of six members that are my father, mother, elder bother, two elder sisters, and me, which is the youngest family member in this happy family. I am student that currently study at Universiti Tunku Abdul Rahman in Sungai Long. I has picked accounting as my educational course even though i am not good in preparing accounting statement...(wuakakaka).



I like to watching drama,listening music and playing basketball. In my secondary school life, i actively played basketball with my friends, however, now i seldom playing basketball because life is become busy and busy. For example, every week i have to spend some time to write my blog...(wuakakaka).


Before reaching to Universiti Tunku Abdul Rahman, i seldom using computer and surfing to internet. However, now i approximately spent 3-4 hours per day on computer. Usually the main purpose i spent a lot of time in computer is to watch online live sport tv, it because i lovely enjoying in watching live sport tv especially basketball, badminton and football. The website i prefer for this is http://www.myp2p.eu/ as this website has provided sufficient useful links for me to watch live sport tv.

Another web site i often visit is http://www.google.com/ , when i need to search information for educational purposes, this web site will be the first choice for me, as it helps me to gather information. Besides, i like to visit chinese.cari.com.my when i was bored, this forum has allowed their member to post multiple message/topic/news which are related to Malaysia and discuss it.

On the other hand, http://www.friendster.com/ and http://www.facebook.com/ are the websites that i actively involved in. These web sites have provided me a chance to keep in touch with my friends.

Hi, my name is Lee Kok Sang, you can just call me Kok Sang. I am now studying in University Tunku Abdul Rahman at Sungai Long and taking the Bachelor of Commerce (HONS) Accounting. I come from Sandakan which is known as small Hong Kong before and now is a natural city. My hometown have many delicious and special food such as "bak kut teh" which the material is made by seafood instead of pork.


During the leisure time, I like to play games such as warcraft, online and sleep. In my opinion, gaming is a good activities for the teenagers, which can help them to reduce their stress. Sleeping is also another hobby that I like the most, for the day which i cant sleep well or do not have enough time to sleep, probably it may be the worse day for me.


Online, the another hobby of mine which consume most of my leisure time. Normally, I'll visit some website such as http://www.thestar.com/. By visiting the website, I can get more information regarding what is happenning in the world. Besides, those website such as http://www.google.com/, is another website that i always visit which I can get the uncountable data from it which can help me to do for my assignment.

On the other hand, http://www.e-sabah.com/ and http://chinese.cari.com.my/ are the other website that I always visit, which is a forum website that contain a lot information such as joke.

Last but not least, http://www.facebook.com/ is one of the website I visit the most, the purpose that I visit is there because I like to play the mini games of its and use it to contact with others friends.