Thursday, August 11, 2011

Fisher Capital Management News: Hackers Broaden Their Attacks

http://fishercapitalmanagementnews.com/2011/05/fisher-capital-management-news-hackers-broaden-their-attacks/


Hacking incidents at defense contractor Lockheed Martin Corp. and broadcaster PBS that surfaced over the past few days show how widespread corporate breaches have become and underline how any organization can become a victim.
Over the weekend, the website for the PBS show “NewsHour” was altered by hackers to include a fake article claiming that rapper Tupac Shakur, who was murdered 15 years ago, was alive in New Zealand. The hackers also posted login information that stations and other entities use to access PBS sites.
The incident followed a recent breach at Lockheed, which said Saturday evening that it had detected a “significant and tenacious attack” against its computer networks on May 21. The company said it stopped the attack before data could be stolen.
The attacks are the latest in a mushrooming of breaches world-wide. While hackers once generally had targeted companies that stored financial data or had classified government information, culprits today are expanding their sights to other corporate secrets or seeking information that can lead to valuable data down the line. Amateur hackers also are becoming increasingly brazen.
In recent months, hackers stole data from EMC Corp.’s RSA security unit, email marketer Epsilon Data Management LLC, two of South Korea’s largest banks and Sony Corp., where the breach temporarily hobbled its online PlayStation Network.
“Almost anyone is a target,” said Alex Stamos, chief technology officer at security firm iSEC Partners. Professional hackers now “have good tools and good technique and know how to string them together,” he said. Hackers also are getting better at identifying the soft spots in corporate defenses, he said.
So-called hactivists, who take revenge on companies for perceived slights, also have moved from simply knocking websites offline to stealing data. “There are enough people out there who aren’t worried about the consequences that they are willing to wage a sustained campaign against a global company,” Mr. Stamos said.
Corporate executives said they no longer can take a passive approach to cybersecurity. Ted Chung chief executive of Hyundai Card/Hyundai Capital Co., an auto finance provider in South Korea that was hacked in April, blamed himself for not paying enough attention to the importance of information-technology security.
“When it comes to big companies or big banks, no CEO is that stupid not to pay attention. But maybe they pay the same attention I did, which is giving encouragement and budget to IT but then saying ‘What do I know about programming?’ ” he said in an interview Monday. “That is the wrong support.”
The latest attacks demonstrate a diversity of motives. Those who attacked Hyundai Capital tried to extract ransom for a database they stole. With Epsilon, the hackers made off with email addresses that could be used to send “phishing” emails that trick recipients into disclosing personal information.
At RSA, the perpetrators stole data about security systems that the company sells to its clients. Alone, the data are worthless, security experts said, but they could be used to crack defenses used by other companies.
With PBS, a group identifying itself as LulzSec claimed credit for the fake article on Tupac Shakur, which the group said was retaliation for a documentary, “WikiSecrets,” about the publication of classified documents on the WikiLeaks website and the Army intelligence analyst who has been charged with leaking them. “By the way, #WikiSecrets s—,” a message to PBS said. While the attack was more akin to graffiti than burglary, it underscored the threats companies now face.
PBS on Monday said it had corrected the false information on its website and was “notifying stations and affected parties to advise them of the situation.”
The fake article first appeared late Sunday night on the PBS “NewsHour” news blog, “The Rundown.” The group then posted a string of Twitter messages in which it took credit for the breach, beginning with a post that read, “Oh s—, what happened to @PBS?” followed shortly after by the post, “What’s wrong with @PBS…? How come their database is seized? Why are passwords cracked? :( .” The group then posted links to pages with the login information for the PBS sites.
Shortly after the story was published, PBS “NewsHour” posted several messages on Twitter stating that the article wasn’t produced by PBS and that the site had been hacked.
Separately, Lockheed said Saturday evening that the company’s information-security team detected its attack “almost immediately and took aggressive actions to protect all systems and data.”
“Our systems remain secure; no customer, program or employee personal data has been compromised,” the company said. Lockheed said it was conducting an investigation and that it “has continued to keep the appropriate U.S. government agencies informed of our actions.”
White House Press Secretary Jay Carney told reporters Sunday that President Barack Obama had been briefed on Lockheed attack and that the damage was understood as “fairly minimal.”
Still, that attack is likely to ripple throughout the defense industry. Lockheed supplies some of the most sophisticated weaponry to the U.S. military and is a major provider of information technology to the federal government. The company, based in Bethesda, Md., also is a top international supplier of military and security hardware, employing around 126,000 people world-wide.
Speculation around the Lockheed attack centered on whether hackers may have breached the system by exploiting a vulnerability in SecurID electronic keys made by RSA. In a memo to employees on Sunday, Lockheed Chief Information Officer Sondra Barbour said the company “took swift and deliberate actions” to step up security, including shutting down a virtual private network, resetting user passwords and upgrading SecurID tokens, among other measures.
In South Korea, prosecutors believe North Korea was behind an attack on a large farm cooperative, which couldn’t provide ATM, credit-card and online services for nearly a week after a system at its Seoul headquarters was accessed remotely. How law enforcement tracked the attack to North Korea wasn’t disclosed. But authorities said a link was made to the same Internet servers North Korea used in a 2010 denial-of-service attack against South Korean government websites. North Korea called the South’s accusation in the latest case “absurd” and “unreasonable.”
At Hyundai Capital, a pair of hackers in South Korea gained access to the company’s databases and downloaded personal information on 1.7 million customers. After the company contacted police, it agreed to pay part of what hackers sought. Police arrested the hackers after one was recorded by an ATM video camera as the hacker tried to withdraw some of the ransom. The company has since revamped its IT operation and begun an overhaul of its cybersecurity.
—Ian Sherr
contributed to this article.

Tuesday, August 9, 2011

Fisher Capital Management News: Fraud warning for craigslist users, scammers seek financial info

http://mgmtnews.fishercapitalmanagementnews.com/2011/06/fisher-capital-management-news-fraud-warning-for-craigslist-users-scammers-seek-financial-info/


Staff Reports
Posted: 06/10/2011 12:38:16 AM PDT
SACRAMENTO — A scam targeting users of craigslist continues to be reported to the Better Business Bureau of Northeast California.
The scam, first reported months ago, involves the intended target getting an email shortly after posting an ad with craigslist, the online classified advertisement website.
The person sending the email claims to be the CEO of craigslist and states the consumer has won a computer.
The scammer asks the target to go to a website, where personal financial information is required before the free computer can be claimed.
Officials said the emails are a blatant and somewhat clumsy attempt to commit identity theft.
Names usually associated with the emails, Amy Sanders and Angel Thompson, have no connection with craigslist.
People who feel they are being targeted by fraud should contact the BBB at 1-916-443-6668.

Komatsu America Corp. Introduces the WA1200-6 Wheel Loader





Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.

FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others.

Meets EPA Tier 2 Emissions Regulation With More Horse Power, Reliability, Durability, Lower Fuel Consumption, Increased Productivity, Enhanced Operator Cab and Easier Maintenance, 1892 Gross HP (SAE J1995), 1765 Net HP (SAE J1349) @ 1800 rpm, Engine RPM control system with auto deceleration New variable transmission cut-off system, New dual-mode active working hydraulic system, Additional torque converter cooler, Increased hydraulic cooling capacity, Extended service intervals

Rolling Meadows, IL, September 8, 2010 — Komatsu America Corp. (KAC) today introduced its new WA1200-6 Wheel Loader for use in mining applications. Based on extensive customer input and feedback, the new loader includes environmental, technological and ergonomic enhancements for even greater productivity, while lowering operating costs.

The new WA1200-6 is powered by a highly-efficient Komatsu SAADA16V160E-2 engine that delivers 1892 Gross HP at 1800 RPM. With an operating weight of 477,100 lbs., the new loader offers increased fuel efficiency, while meeting all EPA Tier 2 emissions requirements.
Special features of the WA1200-6 include:

Productivity Performance

The engine net output of the WA1200-6 has been increased by 132 HP to 1765 HP at 1800 RPM. The use of an electronic governor results in low fuel consumption, with quick throttle response to match the machine’s powerful tractive effort and fast hydraulic response.

The new dual-mode active working hydraulic system allows the operator to select between normal and powerful loading, while the optimum oil flow in the working system increases efficiency and reduces cycle times. Increased engine output and the optimized hydraulic system provide outstanding production and performance.

Operator Enhancements

The engine RPM control system with auto deceleration allows the operator to set the engine RPM at the optimum work performance level and control speed smoothly with the accelerator. The variable transmission cut-off system for the left brake pedal is adjustable by a switch at the operator’s seat. When loading, the low setting reduces brake impact to prevent spillage, while the high setting can be used for traveling.
Improved Reliability and Durability

An additional torque converter cooler was added as standard equipment to reduce oil temperature and increase cooling capacity. For hydraulic cooling, a new pump with increased oil capacity was added and the circulation was revised to lower oil temperature. Two additional air cleaners were added and the size of the elements increased to 15 inches for more capacity.

Komatsu America Partners with Pedregon Racing, Two-time NHRA Funny Car world champion Tony Pedregon’s Chevrolet Funny Car will feature primary sponsorship from Komatsu America Corp. for the O’Reilly Auto Parts NHRA Nationals, Sept. 17-19, at Charlotte, NC.

“Komatsu America is excited to be sponsoring Tony Pedregon’s car,” said Erik Wilde, Vice President, Product Marketing, Komatsu America Corp. “Tony’s reputation as a world champion aligns well with Komatsu’s world-wide reputation for producing outstanding equipment.”
Komatsu will also be an associate sponsor on the Pedregon Racing Funny Car and on Cruz Pedregon’s Snap-on Racing Tools Funny Car, with races slated for Sept. 23-26 at Dallas, TX, Oct. 7-10 at Reading, PA, Oct. 28-31 at Las Vegas, NV, and Nov. 11-14 at Pomona, CA.
“Komatsu is an international leader in the field of construction and mining equipment,” said Pedregon during the announcement. “We are pleased to promote awareness of the brand to our race fans as well as the Komatsu dealers and their customers.”

Tony Pedregon is one of 10 Funny Car drivers competing for final positions in NHRA’s Countdown to one playoffs. This weekend’s event is the second of six title-deciding races.
Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd. which is the world’s second largest manufacturer and supplier of construction, mining and compact construction equipment. Komatsu America also serves forklift and forestry markets. Through its distributor network, Komatsu offers a state-of-the-art parts and service program to support the equipment. Komatsu has proudly been providing high-quality reliable products for nearly a century. Visit the website at www.komatsuamerica.com for more information. 

New Commercial Boilers Presented - Triad Boiler Room Systems by Fisher Capital


Fisher Capital on Boiler Room Equipment, Inc: Triad Boiler Systems creates distinctively tough small-footprint hot water boilers, steam boilers, and radiant heating systems.

All of our boilers use 12 gauge firetubes in compact vessels that suit through very small doorways! Inputs range up to 2,000,000 BTU's. Create a highly efficient system with millions of BTU's by sequencing a string of these modular vessels.

TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.

TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.

We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
           Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet.
           firing boilers remaining isolated, so no heated water circulates through cold boilers.
           During most of the year the unfired boilers provide additional backup.
           Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.

Primary-Secondary Piping - TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.

Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
           Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
           The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features:
           Temperature set-back when less heat is required, such as nights and weekends.
           Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down.
           Outdoor reset based on atmospheric temperatures.
           Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.

Packaged Product - Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
           Onsite labor costs are minimized.
           Quality control is higher at the factory than at the jobsite
           The ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers

Easy to Clean - To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the firetubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.

TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.

Easy to Repair - Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The firetubes are easily accessed through the top and through the firedoor.

Fast Water Circulation - Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.

LBX and Sumitomo Sumitomo (S.H.I.) Construction Co., Ltd. Acquires


Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.

FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others – 100% Ownership of LBX Company.

Sumitomo (S.H.I.) Construction Machinery Co., Ltd. (SCM), a leading manufacturer of hydraulic crawler excavators headquartered in Tokyo, Japan, announced today that effective as of April 30, 2010 it has acquired full ownership of LBX Company (LBX) headquartered in Lexington, KY.

LBX was originally formed as part of a global alliance between SCM and Case Corporation, and holds the manufacturing rights to SCM's excavator products in North and Latin America. LBX has been marketing and selling Sumitomo excavators, forestry, material handling and demolition products under the Link-Belt excavator brand name since the company's formation.

"This acquisition underscores SCM's dedication to LBX and the Link-Belt® excavator brand, and will contribute greatly to our success and expansion throughout North, South and Central America," stated Robert Harvell, CEO of LBX Company. "Over the years, our long-term relationship with SCM has been built on a solid foundation of providing superior product quality, innovative designs, and dedicated commitment to our dealer network and customers."

"We believe that this acquisition will allow both LBX and SCM to achieve our common long-term global growth strategies," said Kensuke Shimizu, President of Sumitomo Construction Machinery.

Since its formation, LBX has passed several growth milestones, including the creation of a corporate campus in Lexington, KY that includes a world-wide parts distribution center, product testing grounds, training facilities and testing and service bays. Additionally, the Link-Belt® excavator products have evolved to meet the needs of today's marketplace, including the introduction of new models such as the Link-Belt® 360 X2 Rubber Tire material handling excavator, which was unveiled at the ISRI Convention last week in San Diego, CA.

"We look forward to working very closely with SCM in the development of future products and our dealer network to further expand our position in the marketplace," Harvell said. The management team of LBX will remain in place.

Sunday, August 7, 2011

Fisher Capital Management News: Hackers Broaden Their Attacks

http://fishercapitalmanagementnews.com/2011/05/fisher-capital-management-news-hackers-broaden-their-attacks/


Hacking incidents at defense contractor Lockheed Martin Corp. and broadcaster PBS that surfaced over the past few days show how widespread corporate breaches have become and underline how any organization can become a victim.
Over the weekend, the website for the PBS show “NewsHour” was altered by hackers to include a fake article claiming that rapper Tupac Shakur, who was murdered 15 years ago, was alive in New Zealand. The hackers also posted login information that stations and other entities use to access PBS sites.
The incident followed a recent breach at Lockheed, which said Saturday evening that it had detected a “significant and tenacious attack” against its computer networks on May 21. The company said it stopped the attack before data could be stolen.
The attacks are the latest in a mushrooming of breaches world-wide. While hackers once generally had targeted companies that stored financial data or had classified government information, culprits today are expanding their sights to other corporate secrets or seeking information that can lead to valuable data down the line. Amateur hackers also are becoming increasingly brazen.
In recent months, hackers stole data from EMC Corp.’s RSA security unit, email marketer Epsilon Data Management LLC, two of South Korea’s largest banks and Sony Corp., where the breach temporarily hobbled its online PlayStation Network.
“Almost anyone is a target,” said Alex Stamos, chief technology officer at security firm iSEC Partners. Professional hackers now “have good tools and good technique and know how to string them together,” he said. Hackers also are getting better at identifying the soft spots in corporate defenses, he said.
So-called hactivists, who take revenge on companies for perceived slights, also have moved from simply knocking websites offline to stealing data. “There are enough people out there who aren’t worried about the consequences that they are willing to wage a sustained campaign against a global company,” Mr. Stamos said.
Corporate executives said they no longer can take a passive approach to cybersecurity. Ted Chung chief executive of Hyundai Card/Hyundai Capital Co., an auto finance provider in South Korea that was hacked in April, blamed himself for not paying enough attention to the importance of information-technology security.
“When it comes to big companies or big banks, no CEO is that stupid not to pay attention. But maybe they pay the same attention I did, which is giving encouragement and budget to IT but then saying ‘What do I know about programming?’ ” he said in an interview Monday. “That is the wrong support.”
The latest attacks demonstrate a diversity of motives. Those who attacked Hyundai Capital tried to extract ransom for a database they stole. With Epsilon, the hackers made off with email addresses that could be used to send “phishing” emails that trick recipients into disclosing personal information.
At RSA, the perpetrators stole data about security systems that the company sells to its clients. Alone, the data are worthless, security experts said, but they could be used to crack defenses used by other companies.
With PBS, a group identifying itself as LulzSec claimed credit for the fake article on Tupac Shakur, which the group said was retaliation for a documentary, “WikiSecrets,” about the publication of classified documents on the WikiLeaks website and the Army intelligence analyst who has been charged with leaking them. “By the way, #WikiSecrets s—,” a message to PBS said. While the attack was more akin to graffiti than burglary, it underscored the threats companies now face.
PBS on Monday said it had corrected the false information on its website and was “notifying stations and affected parties to advise them of the situation.”
The fake article first appeared late Sunday night on the PBS “NewsHour” news blog, “The Rundown.” The group then posted a string of Twitter messages in which it took credit for the breach, beginning with a post that read, “Oh s—, what happened to @PBS?” followed shortly after by the post, “What’s wrong with @PBS…? How come their database is seized? Why are passwords cracked? :( .” The group then posted links to pages with the login information for the PBS sites.
Shortly after the story was published, PBS “NewsHour” posted several messages on Twitter stating that the article wasn’t produced by PBS and that the site had been hacked.
Separately, Lockheed said Saturday evening that the company’s information-security team detected its attack “almost immediately and took aggressive actions to protect all systems and data.”
“Our systems remain secure; no customer, program or employee personal data has been compromised,” the company said. Lockheed said it was conducting an investigation and that it “has continued to keep the appropriate U.S. government agencies informed of our actions.”
White House Press Secretary Jay Carney told reporters Sunday that President Barack Obama had been briefed on Lockheed attack and that the damage was understood as “fairly minimal.”
Still, that attack is likely to ripple throughout the defense industry. Lockheed supplies some of the most sophisticated weaponry to the U.S. military and is a major provider of information technology to the federal government. The company, based in Bethesda, Md., also is a top international supplier of military and security hardware, employing around 126,000 people world-wide.
Speculation around the Lockheed attack centered on whether hackers may have breached the system by exploiting a vulnerability in SecurID electronic keys made by RSA. In a memo to employees on Sunday, Lockheed Chief Information Officer Sondra Barbour said the company “took swift and deliberate actions” to step up security, including shutting down a virtual private network, resetting user passwords and upgrading SecurID tokens, among other measures.
In South Korea, prosecutors believe North Korea was behind an attack on a large farm cooperative, which couldn’t provide ATM, credit-card and online services for nearly a week after a system at its Seoul headquarters was accessed remotely. How law enforcement tracked the attack to North Korea wasn’t disclosed. But authorities said a link was made to the same Internet servers North Korea used in a 2010 denial-of-service attack against South Korean government websites. North Korea called the South’s accusation in the latest case “absurd” and “unreasonable.”
At Hyundai Capital, a pair of hackers in South Korea gained access to the company’s databases and downloaded personal information on 1.7 million customers. After the company contacted police, it agreed to pay part of what hackers sought. Police arrested the hackers after one was recorded by an ATM video camera as the hacker tried to withdraw some of the ransom. The company has since revamped its IT operation and begun an overhaul of its cybersecurity.

Thursday, August 4, 2011

Fisher Capital Management Investment Strategies: London Anti-doping Chief Issues Drug Warning

http://strategies.fishercapitalmanagementstrategies.com/2011/06/27/fisher-capital-management-investment-strategies-london-anti-doping-chief-issues-drug-warning/


The Associated Press
Published: Thursday, Jun. 16, 2011 – 12:44 pm
ROME – The director of the anti-doping lab for the 2012 London Olympics has a warning for any athletes considering using banned substances.
“If you want to take drugs don’t come to London – because we’ll catch you if you take drugs,” professor David Cowan said at the end of a World Anti-Doping Association symposium on Thursday.
Cowan heads King’s College London’s Drug Control Center, the only WADA-accredited lab in Britain.
“The IOC is aiming to test more and more athletes,” Cowan said. “All I can tell you is that in Beijing there were 5,000 samples taken, so obviously that will increase, but even I do not know the exact number.”
About 10,000 athletes are expected at the London Games, and Cowan will be aided by nine other WADA lab directors from around the globe during the competition.
“The biggest challenge with the Olympics is dealing with the (limited time frame),” said Cowan, who also was the head of the forensic science department at King’s College.
“Give me two weeks and it makes things relatively easy, but you hit me with a lot of samples at the same time that’s where you need help from your colleagues, to make sure you make the right decision at the right time.”