News & Current Affairs

August 14, 2008

Federer hit by shock Olympic loss

Federer hit by shock Olympic loss

Roger Federer’s disappointing season continued as his hopes of winning Olympic gold in the men’s singles were ended by an inspired James Blake.

Blake had not beaten the top seed in eight previous attempts but won their quarter-final 6-4 7-6 and will play Fernando Gonzalez in the semi-finals.

Second seed Rafael Nadal will play Novak Djokovic in the other semi-final.

Spaniard Nadal beat Jurgen Melzer 6-0 6-4 and Djokovic, from Serbia, defeated Gael Monfils 4-6 6-1 6-4.

In the other quarter-final 12th seed Gonzalez, who is from Chile and claimed the bronze medal at the 2004 Olympics, cruised past Frenchman Paul-Henri Mathieu 6-4 6-4.

I know I can beat the best in the world on my day and I proved it
Federer’s conqueror James Blake

Federer, who will lose his world number one ranking to Nadal on Monday, made a number of unforced errors and will need a dramatic reversal in fortunes if he is to successfully defend his US Open title later this month.

“It’s a big disappointment obviously. The Olympics was one of the goals of the season for me. So obviously the quarter-finals is not going to do it,” he said.

“But I’ve still got to look forward to the US Open. I still have that and then the Masters Cup in Shanghai to really do well now and try and save my season.

“I think James played well. I can only really say how well he played. I’ve played him on many occasions, but I think this was the best I’ve seen him.

“I’m happy for him. I hope he can go all the way now.”

Blake, the world number seven, had won only one set in his previous matches against Federer, but he unnerved the five-time Wimbledon champion with a near faultless service game and an aggressive forehand.

“I always believed in myself,” said Blake. “I’d lost to him eight, nine, 10, 50 times, I don’t know how many, but I had the feeling it could be my day.

“He didn’t play a good first game and that put me up straight away. I played loose and free and I always fancy my chances on the 5-4 game.

“I know I can beat the best in the world on my day and I proved it.”

The 28-year-old broke Federer when the Swiss was serving to stay in the first set and then broke again early in the second to take a 3-0 lead.

Federer, who was struggling with his serve and forehand, broke back in the fifth game to take the set to a tie-break only for Blake to win it after racing into a 4-1 lead.

Federer was due to play in the doubles quarter-finals with Stanislas Wawrinka later on Thursday against the Indian pair of Leander Paes and Mahesh Bhupathi but the match was postponed because of rain.

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August 7, 2008

US claims informant is fraud boss

US claims informant is fraud boss

TJMaxx strore in California

TJX, which owns TJ Maxx, was one the firms whose records were hacked

A former informant of the US secret service has been accused  of being the ringleader in the country’s biggest and most complex identity theft case.

The US Department of Justice claims that Albert “Segvev” Gonzalez and 10 others stole, and then sold more than 40 million bank card numbers.

They allegedly got the data by driving around, finding vulnerable internet networks, and accessing shop records.

Prosecutors said the alleged fraud was an “international conspiracy”.

“During the course of the sophisticated conspiracy Mr Gonzalez and his co-conspirators….hacked into wireless computer networks of major retailers,” said the US Department of Justice.

The method, known as “wardriving”, involves tracking down vulnerable internet wireless signals and using systems to decipher credit and debit card information from a retailer’s system.

While technology has made our lives much easier it has also created new vulnerabilities
Michael Sullivan,
US secret service director

The Department of Justice said that companies affected included TJX Companies, BJ’s Wholesale Club, Boston Market and Barnes & Noble among others.

MasterCard spokesman Chris Monteiro told the BBC: “If a cardholder is concerned at all about the security of their account they should immediately contact their issuing financial institution.”

‘New vulnerabilities’

While the Department of Justice has not put a price on the scale on the scam it says it is the largest and most complex identity fraud to date.

“While technology has made our lives much easier it has also created new vulnerabilities,” said US secret service director Michael Sullivan.

“This case clearly shows how strokes on a keyboard with a criminal purpose can have costly results,” he added

He urged consumers, firms and governments worldwide to develop further ways to protect sensitive personal and business information and detect those that “conspire to exploit technology for criminal gain”.

Perry Tancredi, senior product manager for fraud detection at payment security company VeriSign said that: “Regardless of how strong the security measures, and how vigilant, the weak part of the chain is there is always a human who is responsible and who has overall control over the information.”

Charges

Mr Gonzalez of Miami has been charged with computer fraud, wire fraud, access device fraud, aggravated identify theft and conspiracy.

Mr Gonzalez, who is in New York in pre-trial confinement, now faces a maximum penalty of life is prison.

Charges were also listed against Christopher Scott and Damon Patrick, both of Miami.

The other named individuals in the case were Maksym “Maksik” Yastremskiy of Kharkov, Ukraine, Aleksandr “Jonny Hell” Suvorov of Sillamae, Estonia.

Charges were also levelled against Hung-Ming Chiu and Zhi Zhi Wang, both from China, and someone known only by the nickname “Delpiero”.

Sergey Pavolvich, of Belarus, and Dzmitry Burak and Sergey Storchak, both of Ukraine, were also charged.

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