Phishing Attacks

For those who do not already know anything about "phishing": it derives from the words "password" and "fishing" where: Fraudsters ask in e-mails to follow a link and specify or update personal data, passwords or PIN codes. In fact, the link refers only to an almost perfect copy of an original page. With the help of email viruses (Trojans) scammers spy on personal accounts, access or customer data. With the stolen data, fraudsters try for example to make transfers abroad or make orders on behalf of the actual owner using the relevant data or credit/debit cards respectively. Affected are mostly banks as well as various e-commerce providers. According to a recent study from the U.S., almost one in three users is not sure whether they have received a fraudulent or an officially unauthorized e-mail from a financial institute. Even if the problem in Asia apparently doesn’t seem to have such dramatic dimensions as in the U.S., it is striking that spammers’ tapping of confidential data is becoming commonplace and their activities become more and more criminally motivated.

India's Economy Just Can't Seem To Catch A Break

India's economy just can't seem to catch a break. The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's lowest quarterly growth since the beginning of 2009, heightening concerns about a nation that is struggling with a falling currency, dysfunctional politics and a highly volatile stock market. "This number is a little bit lower than consensus expectations, but expectations were quite low to begin with," said Anjalika Bardalai, a senior analyst at Eurasia Group in London. Growth in the January to March quarter was also sluggish, at 4.8%. The most recent International Monetary Fund report forecasts that India's economy will expand by 5.6% in fiscal 2013, but many economists believe that number is overly optimistic. Related: Emerging market woes: Contained or contagion? The GDP data was released just hours after the country's prime minister, Manmohan Singh, said "the fundamentals of the Indian economy continue to be strong," while acknowledging that India faced "a difficult economic situation." The Indian rupee has lost roughly 12% of its value during the past month, with much of it coming in a series of stomach-churning drops during the past few days. The sharp currency devaluation is extremely problematic since the country imports many more goods than it exports. That could leave consumers struggling to pay higher prices for everyday goods. Equity markets have also taken a big hit in recent days. The benchmark Mumbai Sensex index has quickly turned into one of the worst performers in Asia. The government has responded with a series of policy changes, but none have been particularly effective in stabilizing the recent volatility. India's love for gold hurts economy India's love for gold hurts economy Economists have long argued that India needs to implement structural economic reforms to bring about meaningful progress. Last year, parliament lifted restrictions on foreign direct investment after much debate -- a key step. But Eurasia's Bardalai said India is simply not making enough progress with its economic reforms, and that's hurting the country's future prospects. Meanwhile, time for making bold new reforms is running out, with national elections due to take place by May 2014.

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Some latest Technological Advancements

Is this gold vending machine, the first to be installed in the U.S., going to become a commonplace invention or one bound for the footnotes of history?

Some inventions are so ubiquitous that it's difficult to imagine they started as an idea scribbled on paper and then a patent application submitted to, say, the U.S. Patent and Trademark Office (USPTO). Aluminum foil, adhesive bandages, the ballpoint pen, the computer mouse, the microwave oven -- these are just a few examples of great ideas that became indispensable products we now take for granted.

No mind control for these U.S. soldiers on patrol -- yet.

The helmet used by the U.S. military has changed dramatically over the years. In World War I, the M1917/M1917A1 helmets, also known as "Doughboy" or "dishpan" helmets, protected the heads of American infantrymen. They were replaced in 1941 by the M-1 "steelpot," the standard-issue helmet in World War II, the Korean conflict and throughout the Vietnam War. By the 1980s, U.S. military helmets had evolved into a one-piece structure composed of multiple layers of Kevlar 29 ballistic fiber.The helmet of the near future, however, may contain something more than extra protection from flying shrapnel. An Arizona State University researcher, working under a grant from the U.S. Defense Advanced Research Projects Agency (DARPA), is trying to develop a military helmet equipped with technology to regulate soldiers' brains. The technology is transcranial pulsed ultrasound, which delivers high-frequency sound waves to specific regions of the brain. Under the influence of these sound waves, neurons send impulses to their targets, exerting control over them. On the battlefield, this has enormous implications. Using a controller, a soldier could release ultrasound pulses to stimulate different areas of the brain. For example, he or she might want to be more alert after being awake for many hours or relax when it's time to catch some shuteye. The soldier might even be able to relieve stress or become oblivious to pain, eliminating the need for morphine and other narcotics.Of course, some people think this type of neurotechnology is pure science fiction. Others worry that Uncle Sam is trying to take over the minds of its soldiers. After all, it's one thing to have a drill sergeant yelling in your ear. It's another thing completely to have one inside your head 

A sketch of what the pencil-making device might look like

U.S. businesses use about 21 million tons (19 million metric 

tons) of paper every year -- 175 pounds of paper for each American, according to the Clean Air Council. This has led to office recycling programs, "please think before you print" e-mail signatures and printers that offer double-sided printing. Now a trio of Chinese inventors hopes to add another device to the cubicle environment: the P&P Office Waste Paper Processor, which turns paper destined for recycling into pencils. The machine, looking a bit like a three-hole punch crossed with an electric pencil sharpener, was a finalist in the 2010 Lite-On Awards, an international competition that seeks to stimulate and nurture innovation.

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The PrePeat, minus its plastic paper

Printing has come a long way since the computer landed on the desktop. First, there were daisy-wheel printers, then dot-matrix printers, then inkjet and laser printers. The problem with all of these output devices, of course, is that they require paper -- lots of it -- and expensive consumables, like toner. Why can't someone invent an inkless, tonerless printer that allows the operator to reuse paper?

As it turns out, this isn't a new idea. Xerox has been working with so-called electronic paper since the 1970s. Its most promising solution is a type of paper called "Gyricon." A Gyricon sheet is a thin layer of transparent plastic containing millions of small oil-filled cavities. A two-colored bead is free to rotate inside each cavity. When a printer applies a voltage to the surface of the sheet, the beads rotate to present one colored side to the viewer, offering the ability to create text or pictures. The images will remain on the paper until it's fed through the printer once again.

A NAV will be a lot smaller than the EMT Aladin airborne reconnaissance drone this German soldier is using for close area imaging during patrol on Oct. 17, 2010, in Afghanistan.

Many people don't know it, but USPTO can apply a secrecy order to a patent if patent office staff and their military advisers think the idea could be used to threaten national security. Once the USPTO decides that a technology is no longer a threat, it can publish the patent and pave the way for commercialization. Some patents may remain cloaked under a secrecy order for one or two years; others languish for decades. More than 5,000 patents -- inventions we may never know or see -- currently have secrecy orders attached to them

The BIOME, in all its far-out organic glory. Future, please hurry!

Mercedes-Benz has been an innovator for decades. You can thank the German auto manufacturer for diesel andsupercharged engines on passenger cars, antilock brakes, electronic stability systems and more. But nothing could be more innovative than the BIOME concept car, unveiled at the Los Angeles Auto Show in November 2010. Here's how the official press release described the vehicle: "The Mercedes-Benz BIOME grows in a completely organic environment from seeds sown in a nursery. Out on the road the car emits pure oxygen, and at the end of its lifespan it can be simply composted or used as building material."