How to safeguard our Personal and Financial Data?

9:29 PM / Posted by BEN-T1-G3 / comments (0)


We are using computer everyday. Computer become one important "part" in our daily life. As internet become important path for us to connect with the world, it provides us many convenient ways or steps to do our daily activities through internet such as pay bills, buy computers, exchanges information. Therefore, we need to know how to protect our personal data such as personal ID number, cellphone number and address. There same to our financial data which is most important to us, for instance, credit card pin number, online banking username and password. If these data stolen by others people, they might use it to do crime or even transfer all the money in our account.


So, it is critical to safeguard our personal data as well as financial data. Here are some ways to cope with these problems:


Don't keep personal and financial data in computer. There is no way for virus or spyware to steal our data if we are not keeping data in computer. This is the simplest way to protect data. We might just buy a RM20 pendrive to store all data inside and keep it in safe place. Just plug in the pendrive when we need to use the data. Click to buy pendrive.


Avoid save info in shopping sites. We often shop online and buy stuff online. Usually, the shopping site required us to key in credit card info in order to finish the transaction. We should not save the credit card info although the site provides save info service. There is a risk when the shopping site database hacked by hacker, our data will be gone. Therefore, we need to avoid to save data in shopping sites.


Always clear the cache file after suft the internet. We should always clear the cache file in order to prevent the virus or worm programmes that hide in cache files. Moreover, if our computer being hacker by hacher, they can read our cache files or even retrieve datas from cache file because the websites we surfed often leave some cookies or path in cache file folder. Eg INTERNET ERASER.


Make sure antivirus program is functioning well. we need to set the antivirus program to auto update in order to prevent the entry of new virus in our computer. Some antivirus program can filter the webpage and enable time to time scanning to prevent virus, worm and trojan horse. There are several antivirus programs such as AVG, Avira and Avast. I prefer Avast because it is free and provide a good service too. Here is AVAST.


Use https url site instead of http. We may choose to carry out our transaction with the page starts with https. The page with https such as Amazon.com is more secure because the data transfer is encrypted and no ways for others people to read the data before decrypt it. it is safer to use https page to make transaction. Example of https page.


Please start to protect your data today!!!

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Credit Card debts : Causes and Prevention

8:39 AM / Posted by BEN-T1-G3 / comments (0)


A credit card is part of system of payments named after all the small plastic card issued by the banks and credit unions to the users of the system. It is a card enable its holder to buy goods and services based on the holder's promise to pay for these goods and services. Nowadays, credit cards has been widely used among all the people especially those undergraduates due to they can buy anything they want, even though without having cash in their hand. Therefore, it may causes them to the sea of debts. There are several reasons that causes credit cards debts.

Poor money management is one of the top reasons why people accumulated lots of debt. Due to the poor money management, people are not aware to conduct a monthly spending plan and do not keep track on the monthly bills or receipt to record how much money they have spent. Without keeping the bills or receipts, people will never realize how much they have spent on the products that leads them to raised a debt in one month. With the used of the credit cards, people will like to keep on spending by using the future money without perceive that they are unable to pay back the debts.

Besides that, unemployment is also one of the causes of credit card debts. Due to the economic crisis, many people lost their job and unable to maintain their living expenses. Therefore, people used the credit cards in order to cover their future living expenses. This may leads to a rise in debt when expenses are not to cut down to cover the reduction in income.

Now, lets us discuss on the ways to prevent credit card debts. The first steps is to have a financial planning. We need to a clear budget plan and it is a need to keep all the receipts or bills after making some purchase in order to keep track on how much you have spent on that month. This may help us to perceive and we will not overspend and prevent from the debts.

Secondly, people who is using the credit cards should learn how to have a better self control and discipline in order to prevent from buying those unnecessary things, people can control themselves by limit their credit cards amount in order to stop them when they have spend more than their budget.

Finally, the most obvious solution is to get a debit cards.Modern debit cards will work in any machine that accept credit cards, and they are accepted for online shopping as well. Naturally, if we use a debit cards we cannot spend more money than we have, that's why they are superb tools when we're trying to get rid of credit card debts.

In the conclusions, credit cards should be used for emergencies only, unless you plan on paying the entire balance off immediately.Never pay the minimum amount due unless you truly can't afford any more.


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A new marketing communication tool for companies

4:58 AM / Posted by BEN-T1-G3 / comments (0)

Corporate blog is a weblog published and used by an organization to reach its organizational goals. They have internal corporate blogs and external corporate blogs.
An internal corporate blogs, generally accessed through the corporation's Intranet, is a weblog that any employee can view. Many blogs are also communal, allowing anyone to post to them.
External corporate blogs are biased, though they can also offer a more direct view than traditional communication channels. However, they remain public relations tools. Company employees, teams, or spokespersons share their views in external blogs. It is often used to announce new products and services, to explain and clarify policies, or to react on public criticism on certain issues. (http://en.wikipedia.org/wiki/Corporate_blog)
The key prerequisites for successful corporate blogs:
1. Informal language
2. Symmetric communication (include using comments)
3. Integration with other media and other content.
4. Clear rules and purpose of publishing(regulations)
Setting up corporate blog often leads to challenges concerning the coordination. They are some challenges of corporate blogging:
1. Most do not receive a lot of traffic: It difficult to hit the marketplace as they wish.
2. May require a lot of time: It take long time to set up and update the blog.
3. Our employees do not represent our brand: Some employees may cast the brand name in the wrong way.
4. Being conversational is unnatural: It is difficult to dictates the voice and spirit of blogs created by employees.
5. Blogger can become more popular than the blog itself.

The advantages of the corporate blog:
1. Leaders can communicate directly with customers, suppliers and investors, as well as employees.
2. Blog give the writer an opportunity to answer critics in a controlled forum.
3. Compared with conference or printed memos to all staff, blogs are highly cost effective.

One of the corporate blog with recently added listing is Coca-Cola Conversations (http://www.coca-colaconversations.com/), authored by Phil Mooney, the historian/archivist for the Coca-Cola Company for last 30 years.

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Electronic currency

4:42 AM / Posted by BEN-T1-G3 / comments (0)


Electronic currency is also known as e-money, electronic cash, digital money, digital cash or digital currency which refers to money or scrip that is exchanged only electronically. This involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer(EFT) is example of electronic money. EFT refers to the computer-based systems used to perform financial transactions electronically while direct deposit is a banking term used to refer to certain systems used to transfer money. Electronic currency allows its holder to buy the goods and services that the vastness of the internet offers. (http://en.wikipedia.org/wiki/Digital_cash)

Besides that, Electronic currency trading can let you to do business and earn only few dollars of investment. In fact, some of the experts will suggest the beginners to start with only a few dollars so that they can first learn the ropes of electronic currency. Low transaction cost is the benefit of electronic currency trading. With the advent of electronic currency trading anyone anywhere is the world can now trade and the account minimums offered by online currency brokers means that currency trading is not just for big players anyone can get involved. The advantages of electronic currency trading are numerous (http://www.learncurrencytradingonline.com/electronic-currency-trading.html).

Advantages

Banks offer many e-currency services to the customer that transfer funds, contribute to their retirement plans and offer a variety of other services without having to handle physical cash or checks. Customers do not have to wait in lines and this provides a lower-hassle environment.

Disadvantages

Although electronic currency has many benefits, but they are also many disadvantage. These include fraud, failure of technology, possible tracking of individuals and loss of human interaction. Besides that, key in wrong number or password when used electronic currency also is a disadvantage.

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The application of 3rd party certification programme in Malaysia

4:36 AM / Posted by BEN-T1-G3 / comments (0)

Third-party certification is a scientific process by which a product or service is reviewed by a reputable and unbiased third party to verify that a set of criteria, claims or standards are being met. The basic values of a third-party certification are to provide a measure of satisfy customer demands and limit the supplier risks.
Certification Authority (CA) is a trusted third party in a public key security system is responsible for vouchsafing the identity of users and issuing them with certificates that bind the public key to their identities. It provides security solutions and trusted services to help companies build a secure network and communications over the network. For example, MSC Trustgate.com Sdn. Bhd is the qualified CA (Certification Authority) for Malaysia and has started to expand its service offering to other Asian countries. The objective of MSC Trustgate is to secure the open network communications from both locally and across the ASEAN region. The products and services of Trustgate are SSL Certificate, Managed PKI, Personal ID, MyKAD ID, SSL VPN, Managed Security Services, VeriSign Certified Training and Application Development. (http://www.msctrustgate.com//)
MyKey is the MSC Trustgate.com Sdn. Bhd.'s Digital Certificate which is loaded into MyKad. It is governed by Malaysia Digital Signature Act 1997 and is accepted by the courts of law in Malaysia. (http://www.mykey.com.my/Website/home.php)
VeriSign SSL Certificates is the public encrypted key that Webmaster sends to CA which is a standard part of most web server and web browser packages when works in conjunction with the Secure Sockets Layer (SSL) technology. (http://www.verisign.com/)
VIP Fraud Detection Services utilizes a rules engine and a behavior engine to detect anomalies and automatically respond according to your intervention settings.

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An example of an E-commerce failure and its causes

4:16 AM / Posted by BEN-T1-G3 / comments (0)

Dell is an example of an e-commerce failure in its Business-to-business(B2B) strategies. Dell Computer Corporation is a multinational technology corporation, develops, manufactures, sells, and supports personal computers and other computer-related products. Dell employs more than 82,700 people worldwide. Dell is a large company, so it must compete with all the competitors in the computer industry. The organization must take chances to expand the business. One of the strategies that Dell used is business-to-business (B2B) approach. However the strategy failed. Dell Computer just runs its business-to-business (B2B) online- marketplace about 4 months. After that, Dell closes B2B marketplace. (http://www.out-law.com/page-1374) Dell’s business-to-business (B2B) exchange failed due to many reasons. The primary reason is lack of insight in the research and development areas. Without the knowledge in these areas show that Dell is taken high risk. “Some observers think that Dell’s strong name and recognition may have worked against it, causing the company to be viewed as purely a computer manufacturer rather than a site also for alternative business products” (Opinion Wire. 8 February 2001. www.serverworldmagazine.com). Another reason is Dell gave up too early because they expected cannot make more profits in the near future time.If the business allowed more time to prove it,Dell might able to solve some problems when they found it. One of the ways to do this would be to advertise the B2B reliability and value of their computers. Dell would target their loyalty customers, and build up their brand name. Business-to-business is a good opportunity for the future research and development. In this example, only a few months, Dell has decided to close its B2B Exchange at dellmarketplace.com. It seems that it failed to find any new partners to support the original grouping of Dell, 3M, Motorola and Pitney Bowes. In any case, B2B Exchange would to be a good idea for any company.

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An example of an E-Commerce success and its causes

1:35 AM / Posted by BEN-T1-G3 / comments (1)

Amazon.com, is an American e-commerce company based in Seattle, Washington.It was one of the largest Internet sellers of media in the world today. Nowadays, Amazon has established separate websites in Canada, United Kingdom, Germany, Austria, France, China, and Japan.

Amazon.com was founded by Jeff Bezos in 1994, and launched in 1995.
A businessman by the name of Nick Hanauer believed in Bezos’ idea and decided to invest $40,000 in the venture.When Amazon first decided to go online, its layout was not as flashy as it is today. Luckly, a man who name by the Tom Alburg decided to invest $100,000 in Amazon in 1995, which helped Amazon fund a better looking website and hosting its capabilities.

One of the reason Amazon.com success is because its come out an ideas which means recruit the companies like Target, Toys R Us, Old Navy to sell their products online such as VHSs, DVDs, music CDs, MP3s, computer software, video games, electronic, apparel, clothing, beauty products, house wares, furniture, food, toys through Amazon to creating a higher profit .

Besides,Bezos come out with a new idea to increase or maintain their customer retention which is added the option of buyers to write their own book reviews, which is a huge credit to Amazon.com’s success. In customer mind,Amazon as more of an online community and not just a place to purchase things. By 1997, Amazon.com had generated $15.7 million in revenue.

Others than that, Amazon.com also launched a new product name Kindle in November 2007. Kindle is an electronic book that allows readers to view the material from it.Besides, users of the kindle download the new material to the Kindle from amazon's "Whispernet" which works with EVDO cellular data transmission.Furthermore,Kindle users may also sign up to receive the New York Times, Washington Post, or other national news publication by wireless, and can browse the news just as easily as an other item with the Kindle. However the Kindle is not limited to just news and published books, the Kindle can also read many blogs and also be used to surf the Internet using the built in web browser.

Conclusion, Amazon is now back on its feet and remains one of the most popular online vendors in the world today.

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