Wednesday, February 11, 2009

Crime pays for fast ATM thieves with hacking skills; Is Cisco gearing up for a big acquisition?

How to steal $9M from ATMs in 30 minutes
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Spotlight Story

Crime pays for fast ATM thieves with hacking skills
Cisco Subnet blogger Jamie Heary has the lowdown on a scary, but ingenious robbery in which ATM thieves scored $9 million with a mere 100 compromised cards in only 30 minutes. He writes: "That shouldn’t be possible given the daily limits (usually about $500/day) placed on all ATM cards. Well it turns out that the hackers applied military like precision to old ATM scam techniques and added a touch of devious ingenuity to pull this one off." Read more.

Related News:

$4 billion in debt: is Cisco gearing up for a big acquisition? Reuters is reporting that Cisco on Monday did indeed launch $4 billion debt in a two-part sale, with pricing details expected to emerge later today, according to IFR, a Thomson Reuters service. The sale includes $2 billion in 10-year notes expected to yield 2.00 percentage points over U.S. Treasuries and $2 billion in 30-year bonds expected to yield 2.25 percentage points over Treasuries. The joint lead managers on the sale are Banc of America Securities, Goldman Sachs and JPMorgan. On Friday, Cisco Systems filed the first set of documents with the SEC that would allow it to sell debt securities and speculation has been high as to what Cisco might be up to. Best guess: it is readying the financial might to make a big acquisition of some kind.

Cisco to offer smartphone of its own, slated for mid 2010? Details are slim, but Cisco Subnet blogger Brad Reese reveals a tip that a Cisco's wannabe consumer success is going to result in its entry into the smartphone market next year.

Tata sets up Cisco Technology Lab in India Tata Consultancy Services (TCS), India's largest outsourcer, has set up a Cisco Technology Lab, that will focus on developing network-based data center technologies, test frameworks, and train and certify employees on Cisco Systems data center technologies.

NAC questions nag at big security vendors Symantec and McAfee appear to be bumping up against a common wall when it comes to one component typically found in security software suites: Network access control.

Spanning tree - oh woe is me blogger Scott Hogg is dismayed over the massive number of dysfunctional spanning tree configurations that he encounters.

QoS: Class-based Weighted Fair Queuing This is not a new technology and yet Cisco Subnet blogger Dennis Hartmann says that it remains a neglected or misconfigured router methodology.

OSPF Puzzle Part III - Costs Come on and join this mind bender. Cisco training guru Wendell Odom challenges you to figure out how to configure the costs on the interfaces In his OSPF example (and there's a bonus as this info is within the scope of a CCNA exam).

More on Cisco Subnet Good luck to all CCDE testers; Cisco announces a string of WiMAX deals in Eastern Europe; Cisco partners with Indian outsourcer to service U.S. enterprises.

February giveaways from Cisco Subnet and Microsoft Subnet
Up for grabs: One American Express gift card worth $250 from Global Knowledge; One Microsoft training course worth $2,995 from Global Knowledge; 15 copies each of the hot book titles Voice over IP Security, and CCNA Wireless Official Exam Certification Guide and 15 copies of Exchange Server 2007 How-To: Real Solutions for Exchange Server 2007 SP1 Administrators. Get all the entry details here.


IT & social networks
where IT pros do their social networkingSurvey takes a look at where IT pros do their social networking.

Hot spot safety tips
Top 10 hot spot safety tipsHow to protect laptop data at your local Wi-Fi hot spot.

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02/11/09

Today's most-read stories:

  1. Google adds ActiveSync to accommodate iPhone, Win Mobile
  2. A few clean words from the creator of Cursebird
  3. Kaspersky says Web hack 'should not have happened'
  4. Evolution of the router
  5. FTC kills fraudulent online check-processing operation
  6. Microsoft rounds out voice assault
  7. Microsoft goofs, unveils new Web-based smartphone sync service
  8. Nortel to shed shareholders meeting, more employees
  9. Don't wait for my phone: Google Sync, others here now
  10. Mommas don't let their babies grow up to be engineers


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