Phishing scams mainly responsible for 55 percent increase.

Phishing scams mainly responsible for 55 percent increase in online banking fraud in U.K., reports computer world.

The loss figure of $42.8 million isn't broken down by individual financial institutions as per Association for Payment Clearing Services (APACS).

97% of the credit-card transactions within the U.K. are handled by HSBC Bank PLC and Barclays PLC.

Through phishing, criminals try to capture financial details through fraudulent e-mails and sophisticated fake banking Web sites. Account numbers, log-ins and passwords are often then sold online to other fraudsters who try to turn them into profit.

Surely a big chain of professional thieves are roaming the cyber space.

Almost all the e-commerce web sites are relentlessly warning user to check the websites and look for fraudulent SSL certificates.

I would say the users are also responsible of their losses.

Monex Deposit Company has announced…

America's gold, silver and precious metals investment leader Monex has announced through a web release that people can even buy 1/10th of an ounce of gold or silver through them and they even offer to store it for you at an independent bank or depository if you buy in bigger quantity.

At a time when the world demand for silver now exceeds annual production, there can never a better opportunity to stock up your precious metals like U.S. Government doing now.

But the choice is yours; you can buy either gold or silver in coin as well as ingot form.

Like every American, your best buys in fractional-ounce gold coins are American Eagles, Canadian Maple Leafs, or Krugerrands because Gold coins are easier to sell than gold bars.

As a shrewd buyer, make sure that you buy gold coins that are known for faultless business ethics. Monex has been serving the Americans for over 3 decades and their reputation is known even in India.

Just for your information, do you know that consumption of gold in jewelry accounts for about three-fourths of the world's production of gold?

Haven’t you heard Thomas Fuller’s golden words, “It is much better to have your gold in the hand than in the heart”?

Your TV monitor may become obsolete.

This is just my opinion after I read the news in my local daily today that Microsoft will launch a new service later this month that allows customers to download movies and television programs through their Xbox 360 gaming consoles.

PC world also reports that the company has signed deals that allow it to sell or rent an initial 1000 hours of programming from CBS Broadcasting, Viacom's MTV Networks and Paramount Pictures, Turner Broadcasting System, Zuffa's Ultimate Fighting Championship, and Warner Bros Home Entertainment.

Look at this fantastic feature:
Movies will be available for rental and can be stored on the Xbox for up to 14 days, but once the movie starts playing the customer will have 24 hours in which to view it. The content will also be offered in high-definition format for an extra charge.

But movie lovers the world over will be sulking at this note that says the movies and TV programs will be available only in the U.S., at least initially.

The service will be available to Xbox Live subscribers from November.