SNS: E-Commerce in Crisis

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SNS Subscriber Edition Volume 17, Issue 3 Week of January 20, 2014

 

***SNS***

E-Commerce in Crisis

 

 

 

In This Issue

 

 

Feature:

E-Commerce in Crisis

The Inflation of Credit Card Theft

Wired South Korea

Chips: So Yesterday

Spying vs. Stealing

Solutions

 

Quotes of the Week

 

Upgrades

China Banks:

The Plumbing Backs Up

 

Takeout Window

CarryAlongs Carry the Quarter, and Amazon Owns Christmas

Falling Indebtedness: Largely Due to Defaults, Not Repayment

South Korean Officials Resign After Credit Card Hack

 

Ethermail

 

In Case You Missed It...

Members Making News

 

Upcoming SNS Events

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In Other House News...

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About SNS

About the Publisher

Where's Mark?

 

- SAVE THE DATE -

 

INVNT/IP Reception

3.13.14.

Co-hosted by the Calit2 and Qualcomm Institutes
At the Qualcomm Institute, UCSD

 

 

What happens when the greatest minds in security, intel, economics and technology get together?

 

Stay tuned. Formal invitation and details to follow.

 

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   "Ever since I heard Mark talk, all other conversations seem irrelevant." Paul Kirwin, CEO, Channel Signal

 

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Reading Selection:

 

The Crash of 2016: The Plot to Destroy America - and What We Can Do to Stop It, by Thom Hartmann (Twelve; Nov. 12, 2013).

 

For those who think that corporations are playing an outsized role in governing. mra.

 

 

 

 

 

 

E-Commerce in Crisis

 

 

A funny thing happened on the path to putting all business and banking online: the same access that makes it attractive to E-Commerce vendors and customers makes it even more attractive to thieves. We're approaching a moment when the question of which group shares more risk, and which benefits most, is flipping.

 

The thieves are winning.