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CNNW World Business Today June 2, 2011



political infighting has seen japan with five different prime ministers in five years. witnesses report loud explosions in yemen near a presidential palace in sena. months of failed protests have failed to bring down the president. the deadly e. coli outbreak in europe has left more than a dozen dead and hundreds sick, mostly in germany. the source of the outbreak is not known. google said hackers have targeted g mamail users with a phishing scheme that may have begun in china. those are the headlines. i m zain verjee in london. world business today starts right now. good afternoon, welcome to world business today. i m andrew stevens in hong kong. good morning for me, nina dos santos in london. japan s prime minister survives a no confidence vote but signals he ll step down after the earthquake aftermath is cleaned up. and hundreds of high-profile gmail accounts are breached after suspected chinese hackers go phishing. this guy is not the only trader ....

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Detailed text transcripts for TV channel - CNN - 20110427:17:11:00

Phishing scams. so be aware of your e-mail inboxes you re probably going to be seeing a lot of phishing scams coming your way for those of you on that network. you mentioned credit cards, does that mean they have that little security code you have to make purchases and things. they did not get that part of the file. no, they don t have that information. but still, there s enough. so some folks may want to cancel their credit card that they had with that service if they re really worried about the situation. what about the trickle down effect? some people think it s just gamers, it doesn t really impact normal people. many people don t realize that this network this, playstation network also offers tv episode down loads, movie downloads that outside of a gaming system, they may have sony internet connected televisions so they re impacted ....

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Detailed text transcripts for TV channel - CNN - 20110411:16:20:00

Named epsilon and that company sends out the marketing and promotional e-mails for a lot of places we do business with. epsilon says about 2% of its information was actually stolen by a hacker. but if you look at the companies involved, it is a significant 2%. we are talking about banks, hoteliers, retailers, chase, verizon, target, so because there are so many significant companies involved here, that is why so many people could potentially get those e-mails we are talking about. i got one of those e-mails actually. it was quite surprising. how is it going to impact us? is it really a dangerous situation that folks have your information now that it s been compromised? fortunately, the danger is minimal. the only information they were able to get are names and e-mail addresses and that s a good thing. you do have to watch out for a couple things though. one is increased spam. you treat that just like you do any other spam. delete it. but phishing is a little more serio ....

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Detailed text transcripts for TV channel - CNN - 20110404:10:25:00

Information. if you have a question go directly to the company s website and contact customer service there. or call them specifically. yes. don t deal with it specifically and directly. you ll hear some of the companies trying to downplay it saying only your e-mail address and your name. there was no secure information. your credit card number, not your social security number, but for fischers they just want your name and e-mail. that s all they need. if all you have to do is click the virus is in your computer, it strips all that information and off your computer. that s what phishing does. you don t want to click on anything inside the e-mail. how do you differentiate, if you do banking with citibank or bank of america, whether it s a legit e-mail, because they send you banking alerts. my on-line statements, just don t open it, go directly to the website of the bank. and go through there and get your statement that way or deal with the information or call up and ca ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110404:20:31:00

You, so an e-mail looks like it is coming from a bank designed to get you to enter credentials and passwords and steal your credit card information. neil: so if you do that, obviously, you have been sucked in and a lot of bad things happen to your bank account, et cetera. guest: the entire public is not aware of what phishing is. when they receive the e-mails they think this is coming from a trusted source and they respond to it and plug in credentials and enter credit card information and they get hooked. and that will happen. people will get nailed. neil: that is scary. thank you, robert. $4 trillion in cuts and paul ryan says we need it but will we see it? we are on it. stay tuned. ....

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