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Fraudsters exploit 7Pay security hole

first_img Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 08 JUL 2019 Related Previous ArticleKazakhtelecom builds the digital Silk RoadNext ArticleInterview: Formula 1 Author Criminals raided JPY55 million ($506,201) from the bank accounts of consumers using 7Pay, the Japanese mobile payments service provided by multinational retailer 7-Eleven.Thieves used a loophole in its security systems to impersonate account holders and make payments to fraudulently acquire goods. In a statement, the company said around 900 customers had been impacted by the attacks.Chiefs at 7Pay promised to compensate users and suspended some functionality of the service, pending an investigation into its security systems. The company promised “a drastic solution” would be put in place.Enterprise Times reported two people had been arrested in connection with the case. One of the suspects is accused of buying 146 cartons of cigarettes from one store using several different identities.Although the company has promised to refund users, the incidents will do little to promote the security of mobile payments in the eyes of Japan’s consumers at a time when large companies in the country are actively trying to promote them.Japan was one of the first countries to launch the technology, but it has failed to achieve mainstream usage.Earlier this year, Worldpay VP for Japan global enterprise e-commerce Hideya Komori claimed Japan’s m-commerce industry was being held back by high-profile security breaches. Subscribe to our daily newsletter Back ByteDance steps into mobile payments China mobile payment gains fuelled by pandemiccenter_img Home Fraudsters exploit 7Pay security hole Consortium swoops for TerraPay, pledges cash injection Tags Chris Donkin Money 7-ElevenMobile paymentlast_img read more

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SEC opens investigation into hotelier Monty Bennett’s companies

first_imgHotelier Monty Bennett and Marriott Beverly Hills (Bennett via Ashford Inc.; Marriott via Booking)Texas-based Hotelier Monty Bennett and his affiliated companies came under public scrutiny in the spring when they received $68 million in coronavirus-related federal funding, despite having paid out millions in preferred dividends.Now, the U.S. Securities and Exchange Commission has opened an investigation into at least three companies tied to Bennett, the Wall Street Journal reported. They are: Ashford Inc., along with subsidiaries Ashford Hospitality Trust and Braemar Hotels & Resorts Inc.The investigation targets related-party deals, including an agreement real estate investment trust Ashford Hospitality signed with a subsidiary of parent company Ashford Inc. The deals involved renegotiating mortgage debt while Ashford Inc. said it could no longer afford interest payments on debts, the Journal reported.ADVERTISEMENTThe agreement could have paid Ashford Inc. up to $20 million to renegotiate mortgages and ask for forbearance from lenders. Bennett is a major shareholder in Ashford Inc.The SEC also asked for “accounting policies, procedures, and internal controls related to such related party transactions,” according to the Journal.Shortly after having received the PPP funding, and following public backlash, the companies tied to Bennett said they would return the money, which was meant to help businesses pay necessary expenses including payroll, rent, mortgage interest, and utilities. The total forgivable loan amount was among the most received by any public company.Ashford Inc. and its subsidiaries laid off around 7,000 workers during the pandemic. Regarding the PPP funding, the firms blamed the government on what it called “inconsistent federal guidance that put the companies at compliance risk.” [WSJ] — Dennis Lynch Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinkcenter_img TagsAshford Inc.CoronavirusMonty BennettPaycheck Protection Programlast_img read more

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A Port In A Storm

first_imgThere are not many happy days in a cancer hospital.This was going to be one of them.But a year and a half earlier, Ryan’s daughter Bridget, at age 38, was diagnosed with Stage 4 colon cancer.The tumor had at first been misdiagnosed by doctors at one prestigious hospital.“They admitted me, diagnosed me with diverticulitis, and treated me with antibiotics for five days,” Bridget says. “I never saw a urologist to see if the rupture had invaded my bladder or urinary tract. No tests done for the presence of cancer. I was released and scheduled for a colonoscopy in eight weeks.”Two long months later, Bridget had the colonoscopy. “They found a mass and took a biopsy,” Bridget says. “Three days later my husband was at work and I was playing with my two-year-old daughter as two workmen were fixing floor tiles in my kitchen when the doctor called. She told me I had colon cancer. I looked at my baby and asked the doctor what stage. She said, ‘Stage 4.’ When I hung up the two workmen saw me wiping my eyes. They asked what was wrong. I said I was just told I have stage 4 cancer. They both hugged me — complete strangers.”The misdiagnosis allowed the tumor to grow until it eventually burst, breaking through the colon wall and touching her bladder.Not good.Bridget went to a top surgeon at another hospital for a second opinion and the new doctor specializing in colon cancer downgraded her tumor to Stage 3. But he said it needed an immediate resection surgery. A bladder cancer surgeon would also need to cut a small crescent from her bladder.Those first few weeks of misdiagnosis, diagnosis, and a plan of action were a whirlwind of emotions and fears. All Bridget could think of was her baby girl growing up without a mommy.Bridget put on a brave public face, but many of her nights were spent staring at the ceiling reviewing her life and making plans for her little girl if she didn’t make it.Ryan went with Bridget on the day they embedded a port under her skin on her upper chest so that medicine and chemo could more easily be sent into her system. This port is like the gas tank portal of your car. It turns you into a pumping station for cancer drugs. Some cancer patients never have their ports removed.Then Bridget went into surgery, with doctors excising the tumor from her colon and skimming the bladder.No cancer surgery is ever 100-percent successful, but doctors told Ryan they felt very optimistic about his daughter’s chances for a full recovery.Then began the six grueling months of chemotherapy, dripping toxins through Bridget’s embedded port into her bloodstream to kill any wayward cancer cells. Bridget had to take another bottle of chemo home to attach to her port the following day. The port had to be flushed and cleaned and immaculately maintained to avoid infection. The port was a like a badge of cancer on her chest, a symbol of terminal illness.Ryan accompanied Bridget on every one of her sessions, spending that time lost in father-daughter-grandfather chats. Watching and discussing the news. Eating lunch in the chemo suite.At the end of her six months, chemo-related neuropathy caused balance-loss numbness in Bridget’s feet and a scary loss of dexterity in her hands. When she visited her neurologist for a prescription he became alarmed at the severity of the neuropathy in Bridget’s hands. “It’s usually only in the feet,” the neurologist said. “When it’s in the hands like that it could indicate that the cancer has spread to the spine and brain. I want scans of both.”This is the rollercoaster ride of cancer. The long slow climb to good news is often followed by sudden dips into new fears and dangers.Bridget undertook the scans on December 7. The results would take five anxious days, like awaiting a death penalty verdict. Then on the first day of Chanukah, Bridget sat with her husband and father in her oncologist’s office. The doctor entered with a poker face, a sheaf of papers in her hand, nodding to all.The female doctor asked Bridget how she was feeling. Bridget said she’d tell her once the doctor told her the results of her scans.“Oh,” said the oncologist, waving the test results. “I have nothing but good news. We’ve studied all the scans, brain, spine, colon, and bladder. You are cancer-free.”Ryan and his daughter and son-in-law hugged.But it still was not over.Six months later another colonoscopy had Ryan and Bridget nervous. But results found she was still cancer free.Okay, one last piece of business.Last week Ryan’s daughter entered the cancer hospital. A nurse asked her what she was here for. “I’m getting my port removed,” Bridget said.“That’s wonderful news,” the nurse said, smiling. “We love hearing that around here.”Ryan smiled at his daughter Bridget because at long last it looked like the war was over.Then Ryan’s daughter went home to life — sweet, beautiful life — with her own three-year-old [email protected] Sharelast_img read more

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Lewis Hamilton and Lionel Messi Declared Joint Winners Of The Laureus World Sportsman of…

first_imgFormula One champion Lewis Hamilton and Barcelona forward Lionel Messi were declared joint winners of the Laureus World Sportsman of the Year Award in Berlin on Monday, with the voting tied for the first time in the awards’ 20-year history.Mercedes driver Hamilton won his sixth world championship in 2019, with 11 race wins and 17 podium finishes, while Messi was crowned the world’s best player for a record sixth time when he won the Ballon d’Or.American gymnast Simone Biles, who became the most decorated gymnast in world championship history when she won her 25th medal last year, won her third Sportswoman of the Year gong after winning the award in 2017 and 2019.The South African rugby team, which won the World Cup in Japan last year for the third time in history, were crowned the Team of the Year, beating European soccer champions Liverpool and women’s soccer World Cup winners United States.German NBA star Dirk Nowitzki, who retired last year after a 21-year career in the NBA with the Dallas Mavericks, was honoured with the Lifetime Achievement Award for his contribution to basketball.Meanwhile, the Spanish Basketball Federation was recognised with the Laureus Academy Exceptional Achievement Award after the men’s World Cup triumph last year while the women have won three of the last four EuroBasket titles.German Formula Three driver Sophia Floersch, who fractured her spine in an aerial crash at the Macau Grand Prix in Nov. 2018 that required an 11-hour surgery to fix, made the Comeback of the Year after getting back into the cockpit last year.Former Indian batsman Sachin Tendulkar, the highest run-scorer of all time in international cricket, had the support of a cricket-crazy nation to win a fan vote for the award for the best Sporting Moment from the last two decades.In his sixth and final one-day international World Cup in 2011, Tendulkar finally got his hands on the title as India won on home soil and he was carried on his teammates’ shoulders for a lap of honour.List Of Winners:Sportsman of the Year: Lewis Hamilton and Lionel MessiSportswoman of the Year: Simone BilesTeam of the Year: South Africa Men’s Rugby TeamBreakthrough of the Year: Egan BernalComeback of the Year: Sophia FloerschSportsperson of the Year with a Disability: Oksana MastersAction Sportsperson of the Year: Chloe KimBest Sporting Moment: ‘Carried on the shoulders of a nation’ – Sachin TendulkarLifetime Achievement Award: Dirk NowitzkiLaureus Academy Exceptional Achievement Award: Spanish Basketball FederationLaureus Sport for Good Award: South Bronx UnitedRelatedlast_img read more

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Kentucky takes over No. 1 spot from Duke in basketball poll

first_imgKentucky’s Isaiah Briscoe (13) shoots between Duquesne’s Isiaha Mike, left, Darius Lewis (00) and Tarin Smith during the second half of an NCAA college basketball game, Sunday, Nov. 20, 2016, in Lexington, Ky. (AP Photo/James Crisp)Kentucky moves into the No. 1 spot in The Associated Press college basketball poll, replacing Duke, which dropped to sixth following its final-seconds loss to Kansas in the Champions Classic.The Wildcats (4-0), who also beat then-No. 13 Michigan State in the Champions Classic, received 42 first-place votes from the 65-member national media panel in the poll released Monday . Kentucky was ranked No. 1 for two weeks last season.Defending national champion Villanova (5-0) moved up one spot to second with 21 No. 1 votes following a four-win week that included one at then-No. 15 Purdue.Indiana (3-0), which moved up three places to third, received the other two first-place votes. This is the Hoosiers’ highest ranking since they were third in the next-to-last poll of 2012-13.North Carolina moved up one place to fourth and was followed by Kansas, Duke, Virginia, Arizona, Xavier and Louisville.Gonzaga jumped three spots to 11th and was followed by Creighton and Oregon, which fell from No. 4 to 13th after losing to Baylor.UCLA was No. 14 followed by Saint Mary’s, Wisconsin, Purdue, Syracuse, West Virginia and newcomer Baylor.The last six are Iowa State, Texas, Rhode Island, Michigan State, Michigan and Florida State. Michigan and Florida State, the week’s other newcomers, tied for 25th.Baylor (3-0), Michigan (4-0) and Florida State (4-0) replace Cincinnati and California, which were 24th and 25th last week. Cincinnati and California were both ranked for one week.The Atlantic Coast Conference leads with six ranked teams while the Big Ten and Big 12 have five each.___More AP college basketball: www.collegebasketball.ap.orglast_img read more

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Wedding goodwill has no bounds

first_imgBy Kyra Gillespie More news of goodwill and community spirit has emerged following the emotional wedding day of terminally ill…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img