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Risk Management

We looked up the domain used for this spam-scam: samba-bank.co.uk. There's something not quite right about the available information but it's too limited to be sure that the domain has, either, been critically compromised or that it has been obtained by fraudsters. But it's not the first spam we've had that uses this same domain. Perhaps someone from Samba would like to tell us if the domain is, in fact, under their control. The spam-scam, itself, is interesting, too. It's the first time for a while we've seen a 1970s style Nigerian Scam letter and even the language is in the old style...

Editorial Staff
BIScom Subsection: 

For the goldfish amongst us and those who are too young to know and, especially, those who simply don't think history has anything to tell us, here is something to note: crises hit us every few years. The superficial causes are viewed as significant but in truth, most crises result from one thing: overstated balance sheets and the fact that those who have naively accepted them suddenly discover that not one, not two but many companies are not worth the paper they are written on. Literally.

Pay attention

We are back in the times of asset value restatement with...

Editorial Staff
BIScom Subsection: 

Last month (see here) LEE Jae-Yong, officially number two at Samsung Electronics Co Ltd but, due to his father's infirmity, the de facto boss was questioned by police in connection with the alleged bribing of South Korean President PARK Guen-Hye. Prosecutors sought an order for an arrest warrant from a Seoul court but the court refused. However, that decision has been overturned on appeal and, in separate proceedings, the President has been suspended. Now LEE is held on remand in case he runs away or...

Editorial Staff
BIScom Subsection: 

A startling report published by Malaysia's state media company and widely disseminated raises questions over the granting of loans and the checks made on borrowers. It also raises the question of what problems might follow.

Editorial Staff
BIScom Subsection: 

I've just caught up with the third episode of the genuinely excellent "Mars" on the National Geographic TV Channel.

The programme contains significant input from genuine rocket scientists and people who have studied as much as is currently possible about Mars, how to get there and how to deal with what they find.. But, seemingly, they forgot to ask someone with common sense to join the team.

Nigel Morris-Cotterill
BIScom Subsection: 

Purported sender: admnsh @ ccu.edu.tw
Standard Bank
Subject Receipt Of Deposit Transaction 6th Of October, 2016
Originating IP address: 140.123.206.217
Attachment: ATTACHMENT...E_NOJS.htm

Editorial Staff
BIScom Subsection: 

A spam-scam, phishing exercise is circulating and it is unusual in that the purported outgoing e-mail address appears genuine.

Editorial Staff
BIScom Subsection: 

In the past few hours, a high-volume phishing scam, purporting to be from Bank Negara Malaysia, has hit inboxes. That is it a scam is without doubt: the outgoing addresses are all, in common with many such scams, .edu addresses. They contain a PDF file, BNM.pdf, as an attachment which does not trigger anti-virus warnings when it is delivered to inboxes.

Editorial Staff
BIScom Subsection: 

 


 

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