Business

Under attack: how to beat the hackers

The smarter technology gets the more opportunities there are for cyberattacks. As threat levels are elevated to unprecedented heights, companies, governments and security experts are frantically re-assessing how they manage the risks   On October 21, hackers unleashed a spectacular attack on the internet, bringing down websites including Twitter, PayPal, Spotify and Netflix for almost the entire day. The attack on internet services provider Dyn, which controls many of the world’s servers, has been described by experts as the largest of its kind in history — and one that many organisations would have been powerless to prevent. In a blog ...

Read More »

A guide for the ‘all about me’ generation

Revealing your quirks, preferences and traits formally to colleagues can help you when it comes to working together, but those adopting the practice warn against sharing too much. Ivar Kroghrud spent six years as an officer in the Norwegian navy during the 1990s and every August he found himself among strangers. Military service is compulsory in Norway, and each year Kroghrud would get an entirely new batch of recruits. By working long hours together on relatively small patrol boats, the crew would get to know each other quickly, learning each other’s traits and quirks and the best ways to work ...

Read More »

Pakistan, Belarus move towards open banking channels

FAISALABAD:  In a bid to enhance the trade volume between Pakistan and Belarus up to $1 billion, central banks of both countries have already inked a Memorandum of Understanding (MoU) and now steps are being taken to open bank branches. This was said by Belarus Ambassador Andrei Ermolovich, while addressing members of the Faisalabad Chamber of Commerce and Industry (FCCI). He said that as per their instructions various institutions are working towards achieving this objective, adding that different areas have been identified to boost bilateral cooperation. He said that the banking system is the prerequisite to undertaking major bargains and ...

Read More »

How well has TransUnion done for Goldman?

TransUnion has done well by shareholders since the credit reporting agency once owned by Chicago’s billionaire Pritzker family went public in June 2015. Shares of Chicago-based TransUnion are up 67 percent since then, far outpacing a 12 percent rise for the Standard & Poor’s 500 Index and a 15 percent increase for financial services stocks generally. Public shareholders clearly have nothing to complain about. Still, they might feel envious of a more privileged pair of TransUnion investors, which bought the company from the Pritzkers and Chicago buyout shop Madison Dearborn for $1.6 billion in April 2012. Five years later, a ...

Read More »