Cyber-crime's looming threat

Article Abstract:

The ever-increasing variety of financial services being proffered through the Internet has thus far not caused financial institutions any problems with regard to fraud. However, these organizations ought to already develop and implement strong, defensive security measures as the possibility of Internet-related crimes cannot be dismissed. The issue of security has become increasingly important because more banks and other financial intermediaries are establishing an Internet presence. Roughly 3,000 banks and thrift entities already host their own Internet World Wide Web sites, which help serve six million households that conduct some of their transactions electronically. Banks ought to install sophisticated encryption technology as one of their measures to preserve the trust of clients and keep cyber criminals at bay.

Banking Institutions, Depository Credit Intermediation, Telegraph & other communications, Specialized Telecom Services, Wired Telecommunications Carriers, DEPOSITORY INSTITUTIONS, Security Mgmt-Retail Systems, Banking industry, Evaluation, Safety and security measures, Internet, Retail trade, Banks (Finance), Internet services, Internet security, Electronic commerce, E-commerce, Security systems industry, Data security, Online transaction processing, Virtual corporations

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'Permatemps' want more, more, more

Article Abstract:

Microsoft Corp. is currently under fire from its "permatemp" workers, originally hired as contingent employees who have long term stays with the company. The group has filed the suit for the right to enjoy Microsoft 401(k) and employee stock purchase plans. Although permatemps usually receive overtime pay, higher hourly wages and have flexible schedules. In addition fewer benefits are made available to them such as health coverage, vacation pay and sick leave.

Prepackaged software, Software Publishers, Systems Software Pkgs (Micro), Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Computer software industry, Software industry, Cases, Operating systems (Software)

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Microsoft gets tough with permatemps

Article Abstract:

Microsoft Corp's new policy requiring temporary employees to leave after one year is discussed. It aims to clarify the difference between regular, fulltime employees and temporary employees.

United States, Brief Article, Recruiting, Employment, Electronics industry

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