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IT Security: "Twihards" targeted by internet crooks

15. November 2011

With the craziness that surrounds the release of any Twilight film now in full swing (one ticket booking service says that around 70% of its sales are for the new release) Norton, an internet security firm, says that it has found a disturbing number of examples of criminal sites being set up to capture the unwary who are directed to the sites by leading internet search engines.

F1: Technical issues confound teams as Abu Dhabi 2011 opens up championship's second place

14. November 2011

The 2011 Abu Dhabi Grand Prix had an unexpected result: last year, five drivers finished it in the hunt for a championship win. With the prize already won by Vettel, this year's race put three drivers in with a chance at being second.

M&A: Major institutions cut loose investment bankers.

11. November 2011

It's going to get tougher for investment bankers to find a new job after HSBC and RBS both announced an uptick (to use one of the ridiculous words the investment community has created) in the rate at which investment bankers are being made redundant.

Healthcare: Public hospital to be taken over by private company

11. November 2011

Hinchingbrook Hospital in Cambridgeshire, UK, is a National Health Service Trust which has run into debt that it cannot resolve. In three months, it will pass from public to private management under an agreement that sees essential services maintained as the hospital undergoes its own form of radical triage.

Health: AllState sues for USD5m from alleged unauthorised practitioners

7. November 2011

Allstate Insurance is seeking to recover more than $5 million from 21 New York-area defendants in its fifth insurance fraud lawsuit of 2011. And it's alleging Organised Crime activities are involved.

Aviation: probe into MAS / AirAsia transactions

3. November 2011

Malaysia's Finance Ministry says that it is looking into transactions relating to Malaysia Airlines and AirAsia to ascertain if there is evidence of insider dealing before the announcement of a share swap last month.

Aviation: Qantas calls a strike

31. October 2011

On Saturday, Australian flag carrier QANTAS took the drastic step of grounding its fleet worldwide, bringinh to a head more than a year of highly disruptive action by unions representing three essential service providers: baggage handlers, pilots and maintenance staff. WIthin 48 hours, the grinding misery of passengers over the past few months looks like it's over.

Shipping: US Treasury The Islamic Republic of Iran Shipping Lines (IRISL)

28. October 2011

In 2008, Treasury exposed the alarming involvement of Iran’s national maritime carrier in Iran’s illicit procurement activities. The Islamic Republic of Iran Shipping Lines (IRISL) had placed its international network of ships and hubs into the service of the Iranian military, particularly the arm of its military overseeing ballistic missile development. We imposed sanctions on IRISL, its corporate network, and its fleet, prohibiting U.S. persons from dealing with the company. Since then, the international community has followed suit, imposing a widening array of powerful sanctions against this dangerous carrier.

The Risk Professional: when people go mad

20. October 2011

Ignore clinical definitions: 62 year old Terry Thompson of Zanesville, Ohio was, in the ordinary sense of the word, mad. Stark raving bonkers, in fact. Who else would turn almost 50 bears, lions, tigers, wolves and monkeys loose in a small town?