BTemplates.com

Powered by Blogger.

Pageviews past week

Quantum mechanics

Auto News

My Blog List

artificial intelligence

About Me

Recommend us on Google!

Information Technology

Popular Posts

Showing posts with label EBay. Show all posts
Showing posts with label EBay. Show all posts

Friday, December 30, 2011

The Law of Online Sharing




Facebook's Mark Zuckerberg will eventually have to deal with the fact that all growth has limits.

Credit: Technology Review
The idea of limitless growth gives sleepless nights to environmentalists, but not to Facebook founder Mark Zuckerberg. He espouses a law of social sharing, which predicts that every year, for the foreseeable future, the amount of information you share on the Web will double.

That rule of thumb can be visualized mathematically as a rapidly growing exponential curve. More simply, our online social lives are set to get significantly busier. As for Facebook, more personal data means better ad targeting. If things work out, Zuckerberg's net worth will follow a similar trajectory to that described in his law of social sharing.

That law is said to be mathematically derived from data inside Facebook. In ambition, it is closely modeled on Moore's Law, which was conceived by the computer-processor pioneer Gordon Moore in 1965 and has been at work in every advance in computing since. Also an exponential curve, it states that every two years twice as many transistors can be fitted onto a chip of any given area for the same price, allowing processing power to get cheaper and more capable.

There's a hint of vanity in Zuckerberg's attempt to ape Moore. But it makes sense to try to describe the mechanisms that have raised Facebook and other social-Web companies to power. The Web defines our time and is being rapidly reshaped by social content—from dumb viral videos to earnest pleas on serious issues. Facebook's success has left older companies like Google scrambling to add social features to their own products. Zuckerberg's Law can help us understand such a sudden change of tack from a seemingly dominant company, just as Moore's Law has long been used to plan and explain new strategies and technologies.

Inasmuch as Facebook is the company most invested in ­Zuckerberg's Law, its every move can be understood as an effort to sustain the graceful upward curve of its founder's formula. The short-term prospects look good for Zuckerberg. The original Moore's Law is on his side; faster, cheaper computers and mobile devices have made sharing easier and allowed us to do it wherever we go. Just as important, we are willing to play along, embracing new features from Facebook and others that lead us to share things today that we wouldn't or couldn't have yesterday.

Facebook's most recent major product launch, last September, is clearly aimed at validating Zuckerberg's prophecy and may provide its first real test. An upgrade to the Open Graph platform that unleashed the now ubiquitous Like button onto the Web , it added a feature that allows apps and Web sites to automatically share your activity via Facebook as you go about your business. Users must first give a service permission to share automatically on their behalf. After that, frictionless sharing, as it has become known, makes sharing happen without your needing to click a Like button, or to even think about sharing. The most prominent early implementation was the music-streaming service Spotify, which can now automatically post on Facebook the details of every song you listen to. In the first two months of frictionless sharing, more than 1.5 billion "listens" were shared through Spotify and other music apps. News organizations like the Washington Post use the feature, making it possible for them to share every article a person reads on their sites or in a dedicated app. Frictionless sharing is also helping Facebook drag formerly offline activities onto the Web. An app for runners can now automatically post the time, distance, and path of a person's morning run.

Frictionless sharing sustains ­Zuckerberg's Law by automating what used to be a manual task, thus removing a brake on the rate at which we can share. It also shows that we are willing to compromise our previous positions on how much sharing is too much. Facebook introduced a form of automatic sharing four years ago with a feature called Beacon, but it retreated after a strong backlash from users. Beacon automatically shared purchases that Facebook members made through affiliated online retailers, such as eBay. Frictionless sharing reintroduces the same basic model with the difference that it is opt-in rather than opt-out. Carl ­Sjogreen, a computer scientist who is a product director overseeing Open Graph, says it hasn't elicited anything like the rage that met Beacon's debut. "Everyone has a different idea of what they want to share, and what they want to see," says Sjogreen. Moreover, judging by the number of Spotify updates from my Facebook friends, frictionless sharing is pretty popular.

Privacy concerns will surely arise again as Facebook and others become able to ingest and process more of our personal data. Yet our urge to share always seems to win out. The potential for GPS-equipped cell phones to become location trackers, should the government demand access to our data, has long concerned some people. A South Park episode last year even portrayed an evil caricature of Apple boss Steve Jobs standing before a wall-sized map labeled "Where Everybody in the World Is Right Now." Six months later, to a mostly positive reception, Apple debuted a new iPhone feature called Find My Friends, which encourages users to let Apple track their location and share it.

It's not hard to explain why we seem eager to do our bit to maintain the march of Zuckerberg's Law. Social sites are like Skinner boxes: we press the Like button and are rewarded with attention and interaction from our friends. It doesn't take long to get conditioned to that reward. Frictionless sharing can now push the lever for us day and night, in hopes of drawing even more attention from others.

Unfortunately for Zuckerberg and his law, not every part of that feedback loop can be so easily boosted. Frictionless sharing helps, but getting others to care is the bigger challenge. In 2009 a new social site called Blippy was launched; it connected with your credit card to create a Twitter-style online feed of everything you bought. That stream could be made public or shared with particular contacts. Blippy got a lot of press but not the wide adoption its cofounder Philip Kaplan had hoped for. "Most people thought Blippy's biggest challenge would be getting users to share their purchases," he says. "Turns out the hard part was getting users to look at other people's purchases. Getting people to share is a small hump. Getting them to obsess over the data—making it fun, interesting, or useful—is the big hump."

Sjogreen has that problem in his sights. He says he is working on ways to turn the impending flood of daily trivialities coming from frictionless sharing into something fun, interesting, and useful. Repackaging the raw information to make it more compelling to others is one tactic. "It's the patterns and anomalies that matter to us," he says. For example, if you notice that a friend just watched 23 episodes of Breaking Bad in a row, you may decide you should check out that show after all. Or if he sets a new personal record on his morning run, the app in the phone strapped to his arm could automatically tout it to friends. Perhaps Blippy would have thrived if it highlighted significant purchases like vacations, instead of simply blasting people with everything from grocery lists to fuel bills.

We can only guess at the effectiveness of Sjogreen's future tactics, but it is certain that they can sustain Zuckerberg's Law for only so long. Gordon Moore put it well in 2005 when reflecting on the success of his own law: "It can't continue forever. The nature of exponentials is that you push them out and eventually disaster happens."

Facebook's impending problem is that even if the company enables future pacemakers to share our every heartbeat, the company cannot automate caring—the most important part of the feedback loop that has driven the social Web's ascent. Nothing can support exponential growth for long. No matter how cleverly our friends' social output is summarized and highlighted for us, there are only so many hours in the day for us to express that we care. Today, the law of social sharing is a useful way to think about the rise of social computing, but eventually, reality will make it obsolete.

Thursday, June 23, 2011

What to Do If Your Online Account's Been Hacked



Dylan Valade owns a Web design and software business. As part of his business, he deals with Web and network security issues every day.

One day, Valade received a confirmation email from a brokerage account letting him know that a trade had been made. That would have been fine, except for one thing.

"In this case, a stock had been sold that I did not sell," Valade said.

Recognizing that the account had been compromised, Valade changed all of his passwords immediately.

"My brokerage account was closed and a new one was opened," he added. "The equities were transferred to the new account, with a new login and password."

Valade's experience happened on a brokerage site, but any online account can be a target.

"The most valuable targets are financial services like PayPal, online bank accounts and investment accounts," explained Morgan Slain of Los Gatos, Calif.-based SplashData. "Facebook, LinkedIn, and other social networking sites are increasingly common targets. Online email accounts, including Gmail and Yahoo! Mail, are often hacked too."

The most sophisticated hackers actually don't target individual accounts, but instead go after repositories of account data on servers owned by large organizations, which is why companies such as Sony and Epsilon, a major email forwarder, are targeted.



What the hackers are looking to steal depends on the type of account they are hacking into. When banks or financial services such as PayPal are targeted, the objective is to steal money.

"But often the hacker has a larger objective than attacking one individual," said Lance James, director of intelligence at New York's Vigilant. "In most cases, they're gaining access to email or social network accounts specifically to enable further distribution of their activity, or to steal information that will give them access to other places — potentially more valuable places. For example, a hacker might conduct a series of intrusions with the aim of getting into an employer's payroll system."

If one of your online accounts has been hacked, it compromises the overall integrity of your computer, James added. This comes with two primary manners of impact.

"First, if there [was] personal or confidential information on that system, the owner must assume it has been hijacked by criminals," he explained. "This could have long-lasting effects including identity theft, credit fraud, bank account theft and misplaced trust between friends and associates.

"Second — in some ways more detrimental in terms of reach — that compromised computer can be used to launch attacks against others, expanding the sphere of impact geometrically," James said. "It is therefore the responsibility of organizations and every individual to take precautions wherever they can."

The surest sign that your account has been compromised is unusual activity.

"For a financial account like PayPal, the most obvious sign that your account has been compromised are suspicious transactions," said Kevin McNamee, security architect at Kindsight of Mountain View, Calif. "You should regularly check your account to look for any unauthorized transactions and report them immediately.

"For social networking services like Facebook," McNamee added, "you may notice unusual activity on your wall, but the most likely indication that something is wrong is when your friends ask why you’ve been sending them unusual links and email messages."

Some things to look for, according to Chris Boyd, senior threat researcher at GFI Software of Cary, N.C., include:

— Friends are asking you about random requests for money or messages that you've apparently sent them, claiming that you're stranded somewhere – for example, messages saying you got mugged in London. Scammers use this tactic for financial fraud. This is an especially popular tactic where compromised Facebook accounts are concerned, due to exploiting the trust of friends and family.

— Strange messages are posted from your Twitter account promoting websites and offers that you're unaware of.

— You find you're selling items on eBay that you didn't list.

If you find that one of your accounts has been compromised, the first step is to ensure that no additional damage can be done, McNamee suggested.

If you still have access to the account, change the password immediately. And then change the passwords to other online accounts, especially for any accounts that share an email address and/or a password with the compromised account.

Also, said McNamee, contact the organization that operates the service and let them know that your account has been compromised.

"Their website will provide information on how to report a problem and regain control over your account," he said.

If the account that was compromised held any financial data or credit/debit card information, James said it's best to contact the financial institutions and cancel the cards.

Even the most vigilant computer user is at risk for an attack. But Asaf Greiner, vice president of products at Sunnyvale, Calif.'s Commtouch, provided the following tips that will keep your accounts less vulnerable to a hacker:

— Use different passwords for different accounts, so if you lose one, you don't lose them all.

— Use strong passwords (e.g. ones that are hard to guess), especially with more valuable resources, such as bank accounts. When possible, use multiple-factor authentication, as with a code-number-generating token. If you find passwords hard to remember, use a password vault application to remember them for you.

— Install all recommended software patches and updates – and anti-virus software – on machines you manage.

— Don't log into valuable accounts from public machines or from unencrypted Wi-Fi networks.


Friday, March 13, 2009

5 deadliest hacking subject lines


Given the surfeit of new threats – ‘Hacking’, it would not be a bad idea for most of the Internet surfers to reconsider their online habits. With the Net being increasingly used by a large number of people for various bill payments, banking, investments, ticket bookings and reservations, e-commerce, social networking, communication and much more, it is time people paid heed to the threat of dangers lurking around at every step, and form a counter strategy.

It is critical to know these lurking threats so that you don't fall prey to scamsters and fraudsters and compromise your security and monies. Here is a list of some of the common tricks played by scammers.

`You have not paid for the item you recently won on eBay. Please click here to pay.’

Many consumers visit auction sites to find gifts or personal buying. But such shoppers must be aware of scammers who use auction sites to find their preys. A very common trick according to CSO, are mails notifying the users that he has 'not paid for the item you recently won on the site. Please click here to pay.' These emails impersonate complaints from the popular auction sites for non-payment of winning bids. People using online auction sites often bid days before a purchase is complete. So, it is not difficult for a person to believe that he has forgotten about a bid he made a week before.

Experts believe that such phising mails play on a person's concerns about the negative impact this may have on their auction site score. Like in case of eBay, people generally spend years building eBay feedback score or `reputation,' hence the chances are that they will quickly react to such emails. Many consumers visit auction sites to find gifts or personal buying. But such shoppers must be aware of scammers who use auction sites to find their preys. A very common trick according to CSO, are mails notifying the users that he has 'not paid for the item you recently won on the site. Please click here to pay.' These emails impersonate complaints from the popular auction sites for non-payment of winning bids. People using online auction sites often bid days before a purchase is complete. So, it is not difficult for a person to believe that he has forgotten about a bid he made a week before.

Experts believe that such phising mails play on a person's concerns about the negative impact this may have on their auction site score. Like in case of eBay, people generally spend years building eBay feedback score or `reputation,' hence the chances are that they will quickly react to such emails.

`You've been let go. Click here to register for severance pay.'

Scammers are finding novel ways to cash on the present downturn. This trick comes from the same. The mounting number of layoffs has made employees anxious about their jobs. This is what fraudsters are exploiting on.

The message appears to have come from HR dept (cons employer's email ID) and often says: You have been let go due to a layoff. If you wish to register for severance please register here.' Little surprisingly, the message carries a malicious link.

`This mail is Shivram from tech services. Your PC is infected.’

This is another common trick that scammers play. To cause maximum damage, such mails usually coincide with a related event. This means during the time of a widespread malware attack or a virus spread (say during the recent Downadup worm attack).

In such messages, hackers paint a destructive image of the damage that the worm attack can cause to the user. The aim is to exploit and cash on people's fear and uncomfort with technology.
`Someone has a secret crush on you! Click on this link to find who it is!’

This is one of the oldest tricks. But still seems to be working. The message seems to come from a dating or a social networking site and asks the reader to click on a link or download an application.

Sadly, in ninety percent of such cases, after clicking on the link, you not only don't find your secret admirer, -- you also download malicious software that you can't even detect. Of course, it's designed to steal personal and financial information. Stay away from such "secret admirers".

`Did you see this video of you? Check out this link!’


This is another popular scam. Security experts are seeing an increase in such spam, especially on Twitter, the popular microbloging site.

A recent spam campaign on Twitter read: "Did you see this video of you?" Thinking it to be from a friend many users ended up clicking on it and landed up at a fake Twitter site. Once there, unsuspecting users entered passwords, which then ended up in the hands of hackers.

(Courtesy: Indiatimes.Infotech)


If you like this post, buy me a beer at $3!
Reblog this post [with Zemanta]