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A sophisticated cybercrime group that has maintained an especially devious Trojan horse for nearly three years has stolen the log-ons to more than 300,000 online bank accounts and almost as many credit cards during that time, a security company said today.
- LIC to launch credit cards by year-end - Hindustan Times
Life Insurance Corporation of India, which manages funds worth Rs 6,00,000 crore, will soon launch credit cards and introduce Electronic Data Management System that would enable the Corporation to switch over to paperless policies. "LIC, in ...
- Small Banks Not Immune From Housing Fallout (NPR)
Unlike the biggest U.S. banks, with nationwide reach, smaller community and regional banks largely avoided making risky home loans. But their exposure to residential development and construction loans means they might still be hurt by the crisis.
- Eskom signs for $500 mln loan (The Natal Witness Group)
Johannesburg — State-owned utility Eskom said yesterday it has signed a $500 million 20-year loan with the African Development Bank (AfDB) to support its expansion programme.
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