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Clearfix
Sun
06
Feb
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Fraud More Likely Among Women

The study showed that on 30 June 2003, there were 23,555 prisoners in Australian jails (ABS 2004). Of these, seven per cent (1,594) were women, an increase of 109 per cent since 1993. Of the 812 male and female prisoners whose most serious offence involved deception or a related offence, 21 per cent were female, representing 11 per cent of the total female prison population, compared to three per cent of men in jail for the same category of offence. Fraud is a significant component of female offending, and examining the dynamics underlying serious fraud is important if security managers are to understand the broader issues of gender difference in patterns of offending and imprisonment. Using unique data collected by the Australian Institute of Criminology, the study demonstrates that, contrary to the previous welfarist and needs-focused explanations of fraud, women also are involved in more sophisticated and planned cases of serious fraud.

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Wed
02
Feb
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Smart Box Cleared By Us Customs

Robert Bonner, CBP Commissioner, announced during the recent Customs Trade Symposium in Washington, D.C., that he was ready to take the Customs-Trade Partnership Against Terrorism (C-TPAT) program to the next level, which he called "C-TPAT Plus". C-TPAT Plus would provide "no inspection upon arrival -- immediate release" for low-risk shippers using technology that can detect and record whether tampering has occurred with a container seal after being affixed at the point of origin. "U.S. Customs and Border Protection should be commended for its forward-looking recognition of 'Smart Box' technology in helping to further strengthen Homeland Security while also providing economic value for its users," said Omar Hijazi, an A.T. Kearney principal who oversaw the report, which was conducted for client Savi Technology.

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Wed
02
Feb
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1000 Tassie Homes Go Fibre Optic

The relevance of the scheme is that household broadband fibre could allow the domestic market to be opened to video monitoring, among other things. The Tasmanian Government will contribute $A3 million to the 2-year pilot, which is called the Tasmanian Collaborative Optical Leading testbed (TasCOLT). The Hitachisystem offers connection speeds that are 400 times faster than conventional broadband services. Tasmanian Premier Paul Lennon says the project offers exciting opportunities. "The significance of this project for Tasmania is summed up, I think, in the fact that this will be the first place in the world outside of Japan that Hitachi's rolled out this infrastructure," Mr Lennon said.

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Wed
02
Feb
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U.S. Fingerprinting Hazmat Drivers

The Transportation Security Administration has already conducted background checks on the 2.7 million hazmat drivers, based on their names, to find out if any of them presented a potential terrorist threat. From May 31, drivers who want to renew or transfer hazmat licenses will have to undergo a background check based on their fingerprints. The USA Patriot Act demands states can no longer issue, renew or transfer hazmat licenses unless the TSA has assessed whether the drivers are security risks.

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Wed
02
Feb
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Ge Growth Up 18 Per Cent In Q4

Full-year 2004 earnings were $16.6 billion, up 6% from 2003 earnings before required accounting changes. Cash flow from GE's operating activities (CFOA) in 2004 increased 18% to $15.2 billion. "GE had a tremendous fourth quarter and an excellent 2004, as we completed our strategic repositioning and returned to double-digit earnings growth in the quarter," said GE Chairman and CEO Jeff Immelt. "In the fourth quarter, nine of our 11 businesses delivered double-digit earnings growth. Industrial sales grew 19%, and our key financial services businesses ended the year with assets up 20% and improved overall portfolio quality. Total orders for the quarter increased 15% over last year, with growth across the board. We are benefiting from strong execution of our growth initiatives and an excellent global economy. "For the year, nine of our 11 businesses delivered at least double-digit earnings growth and we increased CFOA to $15.2 billion.

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Wed
02
Feb
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Honeywell Up 3 Per Cent

The maker of aerospace products, building control technologies and automotive products reported net income of $US419 million, or 49 cents per share. That matched the consensus forecast of analysts surveyed by Thomson First Call. A year ago, the Morris Township-based company posted a $407 million profit, or 47 cents per share. Revenues totaled $6.64 billion, up 7.3 percent from $6.19 billion a year earlier. "It was a good, solid quarter but it was expected," said Paul Nisbet, an aerospace analyst with JSA Research Inc. in Newport, R.I. "They didn't surprise anyone on the upside and certainly didn't disappoint either." Honeywell's aerospace division _ the company's largest _ saw sales increase 7 percent to $2.52 billion for the fourth quarter and rise 11 percent to $9.74 billion for 2004. Global flying hours were up 9 percent last year, chief financial officer Dave Anderson said.

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Tue
01
Feb
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Research Looks At Dangers Of Millimetre Wave Security Scanners

Leading the research study, Dr Clive Alabaster (pictured) of the Radar Systems Group at Cranfield University, says: “This research study is important because MMW frequencies are increasingly being used in a large number of applications…including airport security check-points.  

“To date, only predictive studies have attempted to describe human skin at these very high frequencies. This research study is for the first time collecting hard data in order to assess the potential risks associated with this technology. 

“The simple fact is that skin exposed to these very high frequencies bears the brunt of radiation exposure. As a result, the skin absorbs MMW frequencies and is heated on the surface with very little power penetrating to other tissue types which are deeper in the body,” explains Dr Alabaster. 

The research programme, sponsored by Japanese measurement equipment manufacturer Anritsu, has arrived at some preliminary results.  

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Tue
01
Feb
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Diebold Atm And Security Drives Earnings Higher

Sales were $717.2 million in the fourth quarter, up 10.6 percent from $648.4 million a year ago. Diebold earned slightly under $184 million, or $2.54 per share, on sales of $2.38 billion, up 12.9 percent from 2003.

The Thomson First Call surveyed analysts' expectation was $2.56 per share for the year. Diebold earned $174.8 million, or $2.40 per share, in 2003 as sales reached $2.1 billion.

Diebold earnings were posted Wednesday before the market opened. Diebold shares fell $1.10, or 2 percent, to $52.26 in early trading on the New York Stock Exchange.

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Mon
31
Jan
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Dm Founder Mike Newton UK Top Entrepreneur

According to Management Today, Newton comes from the classic mould of entrepreneurs: “restless, awkward, driven, demanding”. The Management Today report read in part: “It is a sign of oursecurity-obsessed times that this year's winner of the MT Top 100Entrepreneurs is the Biggest Brother of them all: the low-profile kingof CCTV in Britain, Michael Newton. “From the high street to home to work, we are watched by thoseall-seeing cameras wherever we roam, and Newton has cashed in on thisdemand big time.“Newton, who is 44 and based in Cheshire, comes from that classic entrepreneurial mould: restless, awkward, driven, demanding,” reads Management Today.

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Tue
25
Jan
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Airliner Anti-Missile Systems Too Expensive And Unreliable

 Installing such systems on commercial airlines would cost an estimated $US11 billion in the U.S. alone, with operating costs ramping up to $2.1 billion annually upon full operational capability, according to the RAND report. Over 20 years, the cost to develop, procure and operate these systems would amount to an estimated $US40 billion in America.

By way of comparison, the federal government currently spends about $4.4 billion annually on all transportation security. 

“If we decide as a nation to significantly increase spending on homeland security, then spending this much on anti-missile systems may be appropriate,” said James Chow, a RAND engineer who headed the project. “But given what we spend today, a large investment in technology still unproven in commercial airlines doesn't appear appropriate.” 

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