Highlights
A collection of news and information related to Muscat (Oman) published by this site and its partners.
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Peace debate exposes deep rifts in Israeli government
ReutersJERUSALEM (Reuters) - Israel's coalition government presented a divided front on Palestinian statehood on Tuesday as U.S. Secretary of State John Kerry prepared a new mission to revive long-defunct peace talks. Appearing before a parliamentary committee,...Tags: John Kerry, National Government, Labor Legislation, Career and Workplace, Fishing
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AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs
AME InfoSEMBCORP OPENS $1BN SALALAH IWPP: Sembcorp Industries (Sembcorp) has announced the official opening of its $1bn Salalah Independent Water and Power Plant (Salalah IWPP) in Oman. The facility comprises a gas-fired power plant with a total gross capacity of...Tags: Financing and Stock Offerings, Joint Ventures, Corporate Officers, United Arab Emirates, Companies and Corporations
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AME Info, Abu Dhabi, United Arab Emirates, executive motoring briefs
AME InfoNISSAN MIDEAST TO RECALL NISSAN, INFINITY VEHICLES IN UAE: The UAE economy ministry has said several 2013 models of Nissan's Pathfinder and Infinity's JX are to be recalled due to a faulty brake torque member, Emirates 24-7 has reported. The decision...Tags: Jeddah (Saudi Arabia), Computing and Information Technology Industry, BlackBerry, Swine Flu, Corporate Performance
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After ATM heist, India's IT sector again in unwelcome spotlight
ReutersBy Swati Pandey and Harichandan Arakali MUMBAI/BANGALORE, May 15 (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing...Tags: Computing and Information Technology Industry, Chennai (India), HSBC Holdings plc, India, France
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EXCLUSIVE-Indian firm in global ATM heist admits system breached
ReutersBy Kaustubh Kulkarni PUNE, India, May 13 (Reuters) - An Indian payment card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December. ElectraCard...Tags: Corporate Officers, Computing and Information Technology Industry, Verizon Communications, India, Companies and Corporations
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Card processing companies under scanner
Khaleej TimesThree days after it was revealed that $45 million was shaved off RAK Bank and Bank of Muscat accounts through ATM withdrawals by cyber criminals acting in tandem, two card processing companies are under the scanner for alleged chinks in their computer...Tags: United Arab Emirates, Computer Crime, Prosecution, U.S. Secret Service, Dubai (United Arab Emirates)
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UPDATE 1-India IT watchdog investigating breach in ATM heist
ReutersBy Swati Pandey and Supantha Mukherjee MUMBAI/BANGALORE, May 12 (Reuters) - The Indian government's cyber watchdog is investigating how the computer systems of two companies that are part of the country's vast IT services industry were breached in a...Tags: Computing and Information Technology Industry, Justice System, India, National Government, Theft
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For banks in cyber heist, how to get their money back?
ReutersBy Joseph Ax NEW YORK, May 12 (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal...Tags: Heartland Payment Systems Incorporated, Computing and Information Technology Industry, Litigation, Wage Contract Issues, Insurance
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¿Cómo restituirÃan su dinero los bancos afectados por el ciberrobo?
ReutersPor Joseph Ax NUEVA YORK (Reuters) - Debido a que las sumas eran grandes y los ataques son relativamente nuevos, los dos bancos de Oriente Próximo a los que un grupo de piratas informáticos robaron 45 millones de dólares tienen por delante un camino... -
Prepaid debit cards: a weak link in bank security
ReutersBy Emily Flitter and Tanya Agrawal May 10 (Reuters) - A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. Cyber security experts and...Tags: Credit and Debt, Citigroup Incorporated, Organized Crime, Science and Technology, Electronics
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Germany arrests two Dutch suspected of cyber crime bank heist
ReutersFRANKFURT, May 10 (Reuters) - German prosecutors said on Friday they had arrested two Dutch people suspected of involvement in a global cyber theft of $45 million from two Middle Eastern banks. On Thursday U.S. prosecutors said a criminal gang had...Tags: Credit and Debt, Lawyers, Justice System, Bank Robbery, Germany
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Huge cyber bank theft spans 27 countries
Reuters(Adds case citation at end of story) By Jessica Dye, Joseph Ax and Jim Finkle NEW YORK/BOSTON, May 9 (Reuters) - In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit...Tags: Credit and Debt, Trials, Defendants, Justice System, Bank Robbery
May 21, 2013
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May 20, 2013
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May 20, 2013
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May 14, 2013
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May 13, 2013
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May 13, 2013
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May 12, 2013
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May 12, 2013
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May 12, 2013
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May 10, 2013
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May 10, 2013
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May 9, 2013
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