Going Down - Goldman Elevator Eavesdropper Exposed

The author of the anonymous Twitter feed purportedly recounting conversations in the elevators of Goldman Sachs has been unmasked as a former bond executive living in Texas who has never worked at the bank. The revelation hasn't affected John Lefevre's six-figure book deal with Simon & Schuster based on the feed @GSElevator. (more)

Business Espionage: HTC - Cell Phone Company Takes a Hit

Taiwan -- Investigators stormed into HTC yesterday to investigate some of the company's design staff, who are suspected of stealing trade secrets and defrauding HTC of nearly NT$10 million.

Ironic HTC homepage.

HTC accused three of its senior design professionals of fraud. The suspects were alleged to have set up new businesses on their own. Investigators started interrogating the suspects and searching their homes and offices yesterday afternoon.

The Bureau of Investigations said that it had received a complaint from HTC saying that three senior employees in the design development department were suspected of designing cellphone cases and lying about it being contract work. The suspects allegedly conspired with a manufacturer to issue fake invoices amounting to nearly NT$10 million for performing design work. Upon receiving the money from HTC, the manufacturer allegedly transferred it to the suspects. (more)

Spybuster Tip # 523: Twitter Password Security Test

WARNING

The link below is a clever gag.
Similar sites are password collection scams.

If you take the test on any of them, don't enter real information.

http://www.ismytwitterpasswordsecure.com/

FutureWatch: Telephones That Spot Scams

Nagoya University and Fujitsu first announced a research partnership in November 2009 aimed at developing automated technology to identify situations where one party might overtrust the other. 

In March of this year, the team announced the successful development of the world's first system capable of analyzing phone conversations and automatically highlighting suspect situations. The system looks for changes in a caller's voice pitch and level, together with keywords often used and repeated in phone scams.

Subsequent verification simulation testing undertaken in collaboration with the National Police Agency of Japan and the Bank of Nagoya found the technology to be over 90 percent accurate in detecting situations of overtrust. Now the research team is about to enter field trials of the system. (more) 

  

q.v. 16 Ways You Can be Phone Scammed