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Russian hackers who stole 160 million credit card numbers sentenced

NEW YORK, USA – A US judge sentenced a pair of Russians who led a massive hacking and data breach scheme to lengthy criminal sentences, the US Department of Justice announced Thursday. Vladimir Drinkman, 37, was sentenced to 12 years in prison, while Dmitriy Smilianets, was sentenced to over four ........»»

Category: newsSource: rappler rapplerFeb 16th, 2018

Hackers stole $6 million in attack on SWIFT system, Russian central bank says

Unknown hackers stole $6 million in an attack on the SWIFT international payments messaging system in Russia last year, the Russian central bank said on Friday......»»

Category: newsSource:  interaksyonRelated NewsFeb 16th, 2018

Multiple credit cards: Maximum rewards or overspending risk?

The Credit Card Association of the Philippines (CCAP), which is made up of about 14 largest banks in the country, reported in 2015 that there were about 7 million credit cards in circulation and more than 3 million cardholders. Two years later, it is certain that both these numbers would have increased manifold times. It [...] The post Multiple credit cards: Maximum rewards or overspending risk? appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 23rd, 2017

Massive data breach has cost Equifax nearly $90 million

SAN FRANCISCO -- A massive security breach that hit Equifax has cost the US credit bureau nearly $90 million so far, a figure that is set to rise further, its chief financial officer saidon Thursday. The company, which gathers data on consumers to help lenders determine borrowers' creditworthiness, revealed in September that hackers had stolen the personal details, including names, dates of birth and social security numbers, of nearly 146 million people. In the third quarter, "we incurred a one-time charge related to the cybersecurity incident of $87.5 million," John Gamble said during a conference call on quarterly results. Equifax is forecasting between $60 and $75 million in spen...Keep on reading: Massive data breach has cost Equifax nearly $90 million.....»»

Category: newsSource:  inquirerRelated NewsNov 11th, 2017

Cryptocurrencies fall as Korean exchange says $32 million stolen

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was hacked, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap.com as the world’s seventh-largest crypto exchange by traded value, said on Wednesday that hackers stole about 35 billion won ($32 million) and that Ripple was among […] The post Cryptocurrencies fall as Korean exchange says $32 million stolen appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 20th, 2018

BSP issues circular for non-bank credit card issuers

The Bangko Sentral ng Pilipinas has issued a circular for the establishment and operations of non-bank credit card issuers such as bank subsidiaries or affiliates, and financing/lending companies if they could show P100 million in capital at least to expand the credit card industry. BSP issues circular for non-bank credit card issuers The Bangko Sentral… link: BSP issues circular for non-bank credit card issuers.....»»

Category: newsSource:  manilainformerRelated NewsMay 20th, 2018

Uncertainty shrouds Chelsea despite FA Cup win over United

By Rob Harris, Associated Press LONDON (AP) — Chelsea's players saved their season but maybe not their manager. Collecting the FA Cup, after beating Manchester United 1-0 on Saturday, is looking like Antonio Conte's final act with Chelsea. "After two years, the club knows me very well," Conte said. "And if they continue to want to work with me they know I can't change. My way is always the same." Having won three Serie A titles at Juventus before capturing the English Premier League trophy for Chelsea, Conte reminded the Chelsea hierarchy: "I'm a serial winner." It was a bullish sign-off to a lackluster season that saw the Italian's relationship with Chelsea's leadership become increasingly strained as the team went from champions to fifth in the Premier League. "Our job is not simple," Conte said. "I understand that the club can make a decision." Wembley match-winner Eden Hazard also has a decision to make: Whether to pursue a transfer. After raising doubts about his Chelsea future ahead of the final — demanding "good players" are signed in the offseason — Hazard produced the only goal from the penalty spot in the 22nd minute. On the pitch, amid the celebrations, Hazard said nothing to demonstrate his commitment to the club. "I'm just happy," Hazard said. "You see the fans celebrating with the trophy. We didn't play a great season but at least we finished well." Although not in the style craved by Hazard. "If we want to win a lot of games we have to play better," Hazard said, "because today we played defensively." Such was the focus on the gloomy Premier League campaign and looming offseason of uncertainty in the post-match interviews, it was easy to forget Chelsea had just picked up a trophy. "This was to save our season," Chelsea captain Gary Cahill said. "I'm not saying we've had a magnificent season by any stretch. But we are used to winning, not in an arrogant way, but we have to try to win things." Conte's first cup final victory in coaching meant former Chelsea manager Jose Mourinho finished his second season at United empty-handed, paying the price for an insipid first-half display and coming to life only after the break. United took until the 56th minute to register a shot on target when Marcus Rashford struck at goalkeeper Thibaut Courtois, who later rushed off his line to block the forward. United's deficiencies were encapsulated by another patchy performance from midfielder Paul Pogba, who squandered a late chance to equalize by heading wide. Mourinho, though, couldn't find any faults. "I don't think (Chelsea) deserved to win," said Mourinho, who won the League Cup and Europa League last year. "I am quite curious because if my team played like Chelsea did I can imagine what everyone would be saying." KNOW THE LAW Conte seemed unfamiliar with the 2016 change to the "triple punishment" law, reducing the type of incidents that result in a penalty kick, a red card and suspension. Conte remonstrated to the officials after Phil Jones was only booked, not sent off for bringing down Hazard for the penalty. Referee Michael Oliver was right because a "genuine attempt has been made to play the ball," as football laws state. MAN UNITED: WHAT NEXT? This was only Mourinho's third loss in 15 career cup finals and the first defeat in regulation time. Despite Mourinho being able to spend around 300 million pounds ($404 million) on players, the only progress he can point to is finishing second in the league for the club's highest finish since Alex Ferguson retired as a champion in 2013. More investment is required in the offseason, particularly to acquire fullbacks. Wingers Ashley Young and Antonio Valencia have been deployed there. CHELSEA: WHAT NEXT? The rapid turnover of managers hasn't prevented Chelsea from collecting trophies. It's now 15 in 15 years under Roman Abramovich's ownership. The Russian billionaire could well be searching for his 11th permanent manager if he decides to fire Conte with a year remaining on his contract. Chelsea's priority is finding a new striker, particularly if Hazard leaves, despite lacking the appeal of appearing in the Champions League. Chelsea failed to adequately replace Diego Costa last year, scoring 62 goals in the league compared to 85 in the previous title-winning campaign. MISSING The president of the Football Association wasn't available to present the FA Cup. Prince William had a more pressing engagement, serving as best man for brother Prince Harry in the lunchtime wedding to Meghan Markle at Windsor. Instead, the trophy was presented by Jackie Wilkins, the widow of former Chelsea and United midfielder Ray Wilkins, who died last month at the age of 61......»»

Category: sportsSource:  abscbnRelated NewsMay 20th, 2018

BSP toughens up on credit card malpractices

The Bangko Sentral ng Pilipinas has raised the bar for major players in the credit card business to protect the eight million cardholders in the country......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2018

Bangladesh open to settlement over $81-M Manila cyber heist

MANILA/DHAKA — Bangladesh would consider an out-of-court settlement with a bank in the Philippines over $81 million stolen from its accounts in New York by hackers who wired the money to Manila, Bangladesh central bank officials said on Thursday. In one of the world’s biggest cyber heists, the hackers stole the Bangladesh Bank money held […].....»»

Category: newsSource:  interaksyonRelated NewsMay 4th, 2018

$35-M penalty for not telling investors of massive Yahoo hack

SAN FRANCISCO, USA – US securities regulators on Tuesday, April 24, announced that Altaba, will pay a $35 million penalty for not telling them hackers had stolen Yahoo's "crown jewels." The 2014 breach blamed on Russian hackers affected hundreds of millions of Yahoo accounts, with stolen "crown jewel" data including usernames, ........»»

Category: newsSource:  rapplerRelated NewsApr 25th, 2018

2018 MLB preview: NL East

By The Associated Press Capsules of National League East teams, listed in order of finish last year: ___ Washington Nationals 2017: 97-65, first place, lost to Cubs in NLDS. Manager: Dave Martinez (first season). He's Here: 1B-OF Matt Adams, C Miguel Montero, RHP Jeremy Hellickson, RHP Joaquin Benoit, INF Matt Reynolds. He's Outta Here: Manager Dusty Baker, LF Jayson Werth, 1B-LF Adam Lind, C Jose Lobaton, RHP Matt Albers. Projected Lineup: SS Trea Turner (.284, 11 HRs, 45 RBIs, 46 SBs in 98 games), LF Adam Eaton (.297, 2, 13 in 23 games), RF Bryce Harper (.319, 29, 87), 3B Anthony Rendon (.301, 25, 100, 41 2Bs), 2B Daniel Murphy (.322, 23, 93, 43 2Bs, expected to begin season on DL recovering from knee surgery), 1B Ryan Zimmerman (.303, 36, 108, 33 2Bs), CF Michael A. Taylor (.271, 19, 53), C Matt Wieters (.225, 10, 52). Rotation: RH Max Scherzer (16-6, 2.51 ERA, NL-high 268 Ks, 200 2/3 IP, 3rd Cy Young Award), RH Stephen Strasburg (15-4, 2.52, 204 Ks), LH Gio Gonzalez (15-9, 2.96, 79 walks), RH Tanner Roark (13-11, 4.67), RH A.J. Cole (3-5, 3.81 in 11 appearances) or RH Jeremy Hellickson (8-11, 5.43 with Phillies and Orioles). Key Relievers: LH Sean Doolittle (2-0, 2.81, 24/26 saves with Athletics and Nationals), RH Ryan Madson (5-4, 1.83, 2 saves with Athletics and Nationals), RH Brandon Kintzler (4-3, 3.03, 29/35 saves with Twins and Nationals), LH Sammy Solis (1-0, 5.88, 1 save), RH Shawn Kelley (3-2, 7.27, 4 saves), RH Joaquin Benoit (1-6, 4.65, 2 saves with Phillies and Pirates). Hot Spots: Fifth Starter and Catcher. The Nationals have as good a 1-2 combination at the front of their rotation as anyone in the big leagues, with Scherzer and Strasburg. Their 3-4 slots aren't too shabby, either, with Gonzalez and Roark. But the big question is, who will be the fifth starter — the inexperienced Cole or late free-agent pickup Hellickson? The only other spot with some real doubts is catcher, where Wieters is coming off a terrible year at the plate. Outlook: This might very well be the end of an era at Nationals Park, with Harper eligible to leave as a free agent after the season and GM Mike Rizzo's contract set to expire, too. The team has won four NL East titles in the past six years but has zero playoff series wins to show for it. That's why yet another manager (Baker) lost his job, and yet another rookie skipper has been brought in (will Martinez have more success than Matt Williams?). Rizzo has made no secret of the need to start making postseason inroads — a World Series is the stated goal, and that's certainly not an outrageous aim, given all the talent he's assembled. The lineup remains almost exactly the same, although Werth is gone after playing out his seven-year contract, and the rotation and bullpen are also nearly identical to the way they looked at the end of 2017. ___ Miami Marlins 2017: 77-85, second place. Manager: Don Mattingly (third season). He's Here: INF Starlin Castro, CF Lewis Brinson, OF Cameron Maybin, 1B Garrett Cooper, RHP Jacob Turner, OF-1B Scott Van Slyke, RHP Jumbo Diaz, RHP Sandy Alcantara. He's Outta Here: RF Giancarlo Stanton, LF Marcell Ozuna, CF Christian Yelich, 2B Dee Gordon, RHP Tom Koehler, OF Ichiro Suzuki, RHP Dustin McGowan, C A.J. Ellis. Projected Lineup: RF Cameron Maybin (.228, 10 HRs, 35 RBIs, 33 SBs with Angels and Astros), CF Lewis Brinson (.106, 2, 3 in 21 games with Brewers), 2B Starlin Castro (.300, 16, 63 in 112 games with Yankees), 1B Justin Bour (.289, 25, 83, .902 OPS in 108 games), C J.T. Realmuto (.278, 17, 65), LF Derek Dietrich (.249, 13, 53), 3B Brian Anderson (.262, 0, 8 in 25 games), SS Miguel Rojas (.290, 1, 26 in 90 games). Rotation: RH Jose Urena (14-7, 3.82 ERA), RH Dan Straily (10-9, 4.26, 170 Ks), RH Odrisamer Despaigne (2-3, 4.01), RH Jacob Turner (2-3, 5.08 with Nationals), LH Justin Nicolino (2-3, 5.06). Key Relievers: RH Brad Ziegler (1-4, 4.79, 10/15 saves), RH Kyle Barraclough (6-2, 3.00, 1 save), RH Drew Steckenrider (1-1, 2.34, 54 Ks in 34 2/3 IP), RH Junichi Tazawa (3-5, 5.69), RH Nick Wittgren (3-1, 4.68). Hot Spot: Starting Rotation. Urena had a breakout season in 2017, and Straily tied for the NL lead with 33 starts, but they're the only established starters. The other three spots will likely be a revolving door occupied by a mix of prospects and journeymen, and the results could be ugly. One potential bright spot is the 22-year-old Alcantara, who had a 4.32 ERA in eight games for the Cardinals last year. He'll begin the season in the minors but might join the Marlins before summer. Outlook: New CEO Derek Jeter is accustomed to winning, and that is about to change. He traded away half of last year's starting lineup, including the NL MVP in Stanton, which means the Marlins are rebuilding yet again. Even with an entirely new outfield, the offense could be decent. But Castro and Realmuto are potential trade bait and might be gone before August, and the season will almost surely end Sept. 30, leaving the Marlins out of the playoffs for the 15th year in a row. This season is really all about developing prospects acquired in those offseason trades, and if youngsters such as Brinson and Alcantara perform well, 2018 will be considered a successful start for the Jeter regime. ___ Atlanta Braves 2017: 72-90, third place. Manager: Brian Snitker (third season). He's Here: RHP Brandon McCarthy, RHP Anibal Sanchez, LHP Scott Kazmir, INF Charlie Culberson, OF Preston Tucker, OF Ronald Acuna, 3B Austin Riley, OF Jeff Decker, 2B Christian Colon, RHP Shane Carle. He's Outta Here: OF Matt Kemp, RHP R.A. Dickey, 3B Adonis Garcia, 1B Matt Adams, INF Jace Peterson, RHP Jason Motte. Projected Lineup: CF Ender Inciarte (.304, 11 HRs, 57 RBIs, 22 SBs, Gold Glove), 2B Ozzie Albies (.286, 6, 28, 8 SBs in 57 games), 1B Freddie Freeman (.307, 28, 71 in 117 games), C Tyler Flowers (.281, 12, 49) or Kurt Suzuki (.283, 19, 50), RF Nick Markakis (.275, 8, 76), LF Ronald Acuna (.325, 21, 82, 44 SBs with 3 minor league teams) or Lane Adams (.275, 5, 20, 10 SBs), 3B Johan Camargo (.273, 14, 65) or Charlie Culberson (.154, 0, 1 in 15 games with Dodgers), SS Dansby Swanson (.232, 6, 51). Rotation: RH Julio Teheran (11-13, 4.49 ERA), RH Mike Foltynewicz (10-13, 4.79), RH Brandon McCarthy (6-4, 3.98 in 19 games with Dodgers), LH Sean Newcomb (4-9, 4.32 in 19 games), RH Anibal Sanchez (3-7, 6.41 with Tigers), LH Scott Kazmir (10-6, 4.56 with Dodgers in 2016) or LH Luiz Gohara (1-3, 4.91 in 5 games). Key Relievers: RH Arodys Vizcaino (5-3, 2.83, 14/17 saves, 64 Ks in 57 1/3 IP), RH Jose Ramirez (2-3, 3.19), LH A.J. Minter (0-1, 3.00, 26 Ks, 15 IP in 16 games), RH Dan Winkler (1-1, 2.51 in 16 games), LH Sam Freeman (2-0, 2.55 in 58 games). Hot Spot: Third Base. Camargo was the probable starter before an oblique injury left his status uncertain for the beginning of the season. Culberson, expected to play a utility role, or Rio Ruiz would be next in line. Austin Riley, a 2015 first-round pick who has not yet reached Triple-A, might be a year or two away. Camargo, who shared time with Swanson at shortstop last year, could be more than a stopgap if he can provide some of the power the Braves need at a corner infield spot. Outlook: Teheran, Foltynewicz and Newcomb have provided reasons this spring to believe they can improve their 2017 numbers. The progress of Newcomb, one of the team's many touted pitching prospects, became especially important when Gohara sustained a groin injury that will keep him from being ready for the start of the season. For a change, the spring spotlight was on a position player; Acuna was hitting .432 with four homers, 11 RBIs and four steals when he was sent to minor league camp. The move involving the 20-year-old top prospect was expected. It was made to maintain an extra full season of contractual control down the road, but Acuna likely will be recalled in April and immediately start in left field. He could provide a needed power bat to help Freeman in the middle of the lineup. The Braves likely are still at least a year away from contending in the NL East, but improved starting pitching could push them closer to .500 this year. ___ New York Mets 2017: 70-92, fourth place. Manager: Mickey Callaway (first season). He's Here: 3B Todd Frazier, RF Jay Bruce, LHP Jason Vargas, 1B Adrian Gonzalez, RHP Anthony Swarzak, LHP Matt Purke, C Jose Lobaton. He's Outta Here: Manager Terry Collins, LHP Josh Smoker, LHP Josh Edgin, RHP Chasen Bradford, OF Norichika Aoki, RHP Erik Goeddel, RHP Tyler Pill, LHP Tommy Milone, OF Travis Taijeron. Projected Lineup: 2B Asdrubal Cabrera (.280, 14 HRs, 59 RBIs, .351 OBP), LF Yoenis Cespedes (.292, 17, 42, .892 OPS in 81 games), RF Jay Bruce (.252, 36, 101 with Mets and Indians), 3B Todd Frazier (.213, 27, 76, .344 OBP with White Sox and Yankees), 1B Adrian Gonzalez (.242, 3, 30, .642 OPS in 71 games with Dodgers) or Dominic Smith (.198, 9, 26, .658 OPS, 49 Ks in 49 games), C Travis d'Arnaud (.244, 16, 57, .293 OBP in 112 games) or Kevin Plawecki (.260, 3, 13, .364 OBP in 37 games), CF Brandon Nimmo (.260, 5, 21, .379 OBP, .797 OPS in 69 games) or Juan Lagares (.250, 3, 15, .296 OBP, .661 OPS in 94 games), SS Amed Rosario (.248, 4, 10, 49 Ks, 3 BBs, .271 OBP, .665 OPS in 46 games). Rotation: RH Noah Syndergaard (1-2, 2.97 ERA, limited to 30 1/3 innings by lat injury), RH Jacob deGrom (15-10, 3.53, 239 Ks, 201 1/3 IP), LH Jason Vargas (18-11, 4.16, 179 2/3 IP in 32 starts with Royals), RH Matt Harvey (5-7, 6.70, 110 hits, 21 HRs, 67 Ks, 47 BBs in 92 2/3 IP), LH Steven Matz (2-7, 6.08 in 13 starts), RH Zack Wheeler (3-7, 5.21, 97 hits, 81 Ks, 40 BBs, 86 1/3 IP in 17 starts). Key Relievers: RH Jeurys Familia (2-2, 4.38, 6 saves in 26 games), RH AJ Ramos (2-4, 3.99, 27 saves with Marlins and Mets), RH Anthony Swarzak (6-4, 2.33, 91 Ks, 22 BBs, 58 hits, 77 1/3 IP in 70 games with White Sox and Brewers), LH Jerry Blevins (6-0, 2.94, 1 save, 69 Ks, 24 BBs, 49 IP in 75 games), RH Paul Sewald (0-6, 4.55, 69 Ks, 21 BBs, 65 1/3 IP in 57 games), RH Seth Lugo (7-5, 4.71, 101 1/3 IP in 19 games, 18 starts) or RH Robert Gsellman (8-7, 5.19, 119 2/3 IP in 25 games, 22 starts). Hot Spot: First Base. The 35-year-old Gonzalez, a five-time All-Star weakened by a bad back last season, was signed at a bargain price to provide competition and short-term insurance for Smith, a top prospect who struggled in his initial taste of the majors last year. Smith, 22, slimmed down in the offseason but was disciplined early in camp for arriving late one day. Then he strained a quad, keeping him out of the lineup for most of spring training, so it seems unlikely he'll make the opening day roster. Gonzalez, meanwhile, batted .182 with one extra-base hit and 11 strikeouts in his first 44 Grapefruit League at-bats before connecting for a home run. Wilmer Flores can play first against left-handers, but vs. righties the Mets either need Gonzalez to find the Fountain of Youth or Smith to live up to his first-round hype. Outlook: Callaway had great success with Cleveland's arms and the injury-plagued Mets are counting on his methods, along with new pitching coach Dave Eiland, to keep their talented but fragile rotation intact. New York also overhauled its medical department, hoping to keep star players on the field. Syndergaard and deGrom make for an imposing 1-2 punch. So if Harvey, Matz and Wheeler — even one or two of them — can finally stay healthy and approach their initial big league form, the pitching staff could be terrific again after unraveling last year with a 5.01 ERA that ranked 28th in the majors. Vargas was signed to eat innings but will miss some time at the beginning of the season following surgery for a broken right (non-pitching) hand. All-Star outfielder Michael Conforto (27 HRs, .384 OBP, .939 OPS) is targeting a May 1 return from surgery for a dislocated left shoulder. His status is critical to a lineup that lacks speed and a natural leadoff hitter. Nimmo made strides last season and is a potential candidate for that role while platooning early with Lagares to fill Conforto's spot in center field. After the Mets spent nearly $90 million to plug holes in free agency, it still might be a stretch to envision them seriously challenging star-studded Washington for NL East supremacy. But with better health in a soft division, they could certainly rejoin the wild-card hunt. ___ Philadelphia Phillies 2017: 66-96, fifth place. Manager: Gabe Kapler (first season). He's Here: RHP Jake Arrieta, 1B Carlos Santana, RHP Pat Neshek, RHP Tommy Hunter. He's Outta Here: Manager Pete Mackanin, SS Freddy Galvis, INF Andres Blanco, OF Daniel Nava, OF Hyun Soo Kim, RHP Clay Buchholz, 1B Tommy Joseph. Projected Lineup: 2B Cesar Hernandez (.294, 9 HRs, 34 RBIs, 15 SBs), 1B Carlos Santana (.259, 23, 79 with Indians), RF Nick Williams (.288, 12, 55) or Aaron Altherr (.272, 19, 65), LF Rhys Hoskins (.259, 18, 48), CF Odubel Herrera (.281, 14, 56), C Jorge Alfaro (.318, 5, 14), 3B Maikel Franco (.230, 24, 76), SS J.P. Crawford (.214, 0, 6 in 23 games). Rotation: RH Aaron Nola (12-11, 3.54 ERA, 184 Ks), RH Jake Arrieta (14-10, 3.53, 163 Ks with Cubs), RH Vince Velasquez (2-7, 5.13 in 15 starts), RH Nick Pivetta (8-10, 6.02), RH Zach Eflin (1-5, 6.16) or RH Ben Lively (4-7, 4.26). Key Relievers: RH Hector Neris (4-5, 3.01, 26/29 saves), RH Pat Neshek (5-3, 1.59, 1 save with Phillies and Rockies), RH Tommy Hunter (3-5, 2.61, 1 save with Rays), LH Adam Morgan (3-3, 4.12), RH Luis Garcia (2-5, 2.65). Hot Spot: Starting Rotation. There are a lot of question marks beyond Nola, who emerged as a reliable starter in 2017. Arrieta, the former Cubs ace, had a rough first half in 2017 but finished strong. Yet he was a free agent until mid-March. He's getting paid big bucks to be a No. 1 guy again. Jerad Eickhoff will begin the season on the DL and Velasquez is coming off a disappointing year after showing promise in 2016. Pivetta has upside but needs more maturity. The team has plenty of depth at Triple-A, including several pitchers who have big league experience, in case any of the starters falter or get hurt. Outlook: The decision to sign Arrieta signals the rebuild is over. The Phillies added Santana, Neshek and Hunter to a talented young roster in hopes of being competitive. A month into spring training, they added Arrieta because management thinks it's time to contend now. The lineup has the potential to be dynamic if the young hitters continue to emerge and Santana does what he did in Cleveland. The bullpen should be formidable with Hunter-Neshek-Neris at the back end. If Arrieta regains his old form, Nola lives up to his promise and a couple other starters take steps forward, the Phillies can not only end their five-year run of losing seasons but maybe even make a surprise push for a postseason berth......»»

Category: sportsSource:  abscbnRelated NewsMar 29th, 2018

Sun Life Grepa offers credit card protection product

MANILA, Philippines — The Credit Card Association of the Philippines (CCAP) said while nearly seven million credit cards were issued to over three million ca.....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2018

Venus, Halep win, Wozniacki upset at Indian Wells

By Beth Harris, Associated Press INDIAN WELLS, Calif. (AP) — Venus Williams defeated Anastasija Sevastova of Latvia 7-6 (8), 6-4 to reach the quarterfinals of the BNP Paribas Open on Tuesday as the oldest woman in the draw. The 37-year-old American was coming off a straight-set victory over younger sister Serena a night earlier, ending a three-match skid against her sibling. "It was a quick turnaround from last night when it feels like, 'Hey, this is a final to you're only in the fourth round,'" Williams said on court. Playing under cloudy skies in 80-degree heat, Williams had her hands full with Sevastova, who used drop shots, top spin, lobs and jerked her 10-years-older opponent side to side. "There were some points where she just played and it was too good," Williams said. "I thought I was in control of the point and winning the point, and she turned it around. It's just real talent." After early losses in her first two tournaments of the year, Williams hasn't dropped a set at Indian Wells, where she has yet to reach the final in six previous appearances. Awaiting Williams in the quarterfinals is 27th-seeded Carla Suarez Navarro of Spain, who beat American wild card Danielle Collins 6-2, 6-4. Simona Halep is on track to retain her No. 1 world ranking after defeating Wang Qiang of China 7-5, 6-1 in the fourth round. Halep is the only former Indian Wells winner left in the women's draw after No. 20 Daria Kasatkina upset No. 2 Caroline Wozniacki 6-4, 7-5. Wozniacki blew a 3-0 lead in the first set and was on the run most of the match before losing for the second time this year to the 20-year-old Russian. "She outsmarted me," Wozniacki said. By reaching the quarterfinals, Kasatkina is projected to surpass her career-best ranking of 17th. She has beaten all four current Grand Slam titleholders in the past year, including U.S. Open winner Sloane Stephens in straight sets this week. "I'm playing best matches against the best players," Kasatkina said. "But as I say, if you want to be on the top, you have to beat the top players. So quite simple rule." Halep improved to 17-1 this year and needs only to reach the final to stay at the top. Next up for Halep is Petra Martic of Croatia, who beat Marketa Vondrousova of the Czech Republic 6-3, 7-6 (4). American teenager Amanda Anisimova's run of success ended in a 6-1, 7-6 (2) loss to No. 5 seed Karolina Pliskova of the Czech Republic. Anisimova, a 16-year-old wild card, won her first three WTA Tour matches at Indian Wells, beating Pauline Parmentier, No. 23 seed Anastasia Pavlyuchenkova and two-time Wimbledon winner Petra Kvitova without dropping a set. "She's 16, so she's not scared," Pliskova said of Anisimova. "You can see she's hitting the ball without thinking. But everybody is playing like this when they are 16. I think this will change a little bit in the future, but for sure the game is good and not really any weakness. I think everything is pretty solid." Pliskova faces a quarterfinal against Naomi Osaka, who beat Maria Sakkari of Greece 6-1, 5-7, 6-1. Halep attended Venus Williams' straight-set victory over 36-year-old sister and new mother Serena on Monday night. "I love the way that they are motivated and they are still playing at this age, Serena with the kid," Halep said. "It's a great thing what they do for sport, and it's great that tennis has them. I have many things to learn from them. That's why I'm trying just to go in to watch every time I can." On the men's side, Gael Monfils retired in the second set with a back injury trailing fellow Frenchman Pierre-Hughes Herbert 6-2, 3-1. Monfils used an eight-minute injury timeout in the second set to get his back worked on before returning to the court and getting broken in fourth game. He then walked to the net and ended the match. Herbert moved on to a fourth-round matchup with Philipp Kohlschreiber of Germany, who upset No. 2 seed Marin Cilic 6-4, 6-4. Cilic won 19 of 23 points on his first serve, but failed to convert four break points against 31st-seeded Kohlschreiber, who snapped a 12-match skid against top-10 opponents. Herbert remains in contention for the $1 million bonus offered to a player who sweeps the singles and doubles titles. No. 6 Juan Martin del Potro of Argentina defeated No. 29 David Ferrer of Spain 6-4, 7-6 (3) for the fifth straight time. With Cilic, Ferrer, Novak Djokovic, Monfils and John Isner all eliminated from his quarter of the draw, things are looking wide open for del Potro, the 2009 U.S. Open champion. Top-ranked Roger Federer and del Potro are the highest seeds remaining. "I'm not thinking about that. I just want to keep winning," del Potro said. "Still far away from the final, but of course, any chance to play with Roger would be great." Del Potro's countryman, Leonardo Mayer, beat Japanese qualifier Taro Daniel 6-4, 6-1. Mayer next plays del Potro. No. 18 Sam Querrey rallied past Indian qualifier Yuki Bhambri 6-7 (7), 6-4, 6-4 and will play No. 28 Feliciano Lopez of Spain. He spoiled a potential all-American quarterfinal by beating No. 8 Jack Sock 7-6 (8), 4-6, 6-4. No. 32 Milos Raonic of Canada defeated Joao Sousa of Portugal 7-5, 4-6, 6-2 and will meet Marcos Baghdatis of Cyprus, who beat lucky loser Dudi Sela of Israel 7-6 (7), 6-4......»»

Category: sportsSource:  abscbnRelated NewsMar 14th, 2018

Thais Arrest Alleged Russian Cybercrime Market Operator

BANGKOK - Police in Thailand announced Friday they have arrested a Russian national accused by U.S. authorities of running an online cybercrime marketplace where everything from stolen credit card in.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2018

Bangladesh central bank, RCBC gird for legal fight

DHAKA/MANILA — Bangladesh’s central bank and Rizal Commercial Banking Corp. (RCBC) late on Wednesday said they were prepared to do legal battle over their purported roles in one of the world’s biggest cyber heists two years ago. Unidentified hackers stole $81 million from Bangladesh Bank’s account at the Federal Reserve Bank of New York in […] The post Bangladesh central bank, RCBC gird for legal fight appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 8th, 2018

U.S. announces takedown of global cyber theft ring

WASHINGTON, USA – The US Justice Department announced indictments on Wednesday, February 7, for 36 people accused of running a transnational ring stealing and selling credit card and personal identity data, causing $530 million in losses. Thirteen members of the "Infraud Organization" were arrested in the United States, Australia, Britain, ........»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2018

Bill cracks down on ATM/credit cards theft

VOTING 224 against zero, the House of Representatives unanimously approved on third and final reading a measure defining hacking of bank systems and stealing 50 or more automated teller machine (ATM) or credit card details as economic sabotage punishable with life imprisonment and fines of up to P5 million. House….....»»

Category: newsSource:  journalRelated NewsFeb 6th, 2018

Japan sanctions Coincheck after massive cryptocurrency heist

TOKYO, Japan – Japan on Monday, January 29, imposed administrative measures on virtual currency exchange Coincheck after hackers stole hundreds of millions of dollars in digital assets from the Tokyo-based firm in one of the biggest heists ever. Units of the cryptocurrency NEM worth $530 million were taken – based on ........»»

Category: newsSource:  rapplerRelated NewsJan 29th, 2018

New Yorkers plead guilty to ‘movie-like’ bank heists

NEW YORK -- Four New Yorkers have pleaded guilty to blow-torching their way into bank vaults and making off with more than $5 million in burglaries likened to a Hollywood movie, US officials said Friday. Michael Mazzara, 45, Charles Kerrigan, 42, and Anthony Mascuzzio, 38, assisted by Christopher Kerrigan, 40, stole more than $5 million in cash, jewelry, collectables, and other valuables from bank vaults and safe boxes, prosecutors said. The burglaries took place in Brooklyn and Queens in April and May last year. All four pleaded guilty at separate Manhattan federal court hearings and will be sentenced next year, prosecutors said. They face the prospect of years behind bars. "Li...Keep on reading: New Yorkers plead guilty to ‘movie-like’ bank heists.....»»

Category: newsSource:  inquirerRelated NewsDec 16th, 2017

Canadian pleads guilty in 2014 Yahoo hacking case

MANILA, Philippines – A Kazakhstan-born Canadian man pleaded guilty for playing a role in helping Russian spies hack into Yahoo email accounts.  Cyberscoop reported  Karim Baratov was charged for his role in a 2014 data breach affecting Yahoo . The breach allowed hackers to steal information tied to 500 million Yahoo accounts.  He pleaded ........»»

Category: newsSource:  rapplerRelated NewsNov 29th, 2017

24 NBA questions before 17-18 tips off

By David Aldridge, TNT analyst The season starts on Tuesday night (Wednesday, PHL time). You’ve been waiting patiently all summer with your questions. Fire away.     1. So … what’s the point of playing this season? The Golden State Warriors are still the prohibitive favorites to repeat this season, next season and into the foreseeable future. But it was good to see a good chunk of the Western Conference -- the Houston Rockets, Oklahoma City Thunder and Denver Nuggets, to name three teams -- not fold before the first card is dealt. That fact alone is incredibly important. The Warriors are still the best team in the West, without question. But if teams don’t even try to get better, or spend money to compete, the whole rationale for playing fades away. The Thunder could have rode Russell Westbrook alone to another first-round playoff loss, watched him walk out the door in free agency next summer and thrown up its hands, plead ‘woe is us and all small-market teams,’ and enjoyed a luxury tax-free life for the next few years. The Rockets could have just kept selling tickets to fans to watch James Harden and his pals shoot 50 threes a game for the next two or three years. It’s an appealing brand of basketball. Denver could have just kept building through the Draft, climbing a few more wins here or there for a while, and snuck into the eighth seed, choosing to be comfortable rather than bold. But they didn’t. They’ve called and raised. In all likelihood, it won’t be enough to beat Golden State. But those teams can sleep well at night. They’re not cheating their players, or fans. 2. So, is OKC now a legit threat to the Warriors? The short answer: no. But it’s closer. Carmelo Anthony will be as good a third option as anyone in the league has, though; he will eat regularly on the weak side as defenses scramble to handle Westbrook-Paul George pick and rolls; a quick seal and ‘Melo will be off to the races. If coach Billy Donovan goes small ball with Patrick Patterson at the five, there will be many nights when OKC drops a 130 spot. Yes, the Thunder’s defense is going to be an issue; while Enes Kanter was a sieve off the bench, he was coming off the bench, playing behind Steven Adams. Anthony will be starting and playing big minutes, many at the four. But it won’t matter most nights when the Thunder is up 20 to start the fourth quarter, after 36 minutes of Westbrook sorties, George 3-pointers and transition dunks, and Carmelo post-ups and spot-ups (he shot 44.8 percent last season on catch and shoot shots. Among forwards who played 30 or more minutes last season, per NBA.com/Stats, only Kevin Durant, Otto Porter and Kawhi Leonard shot better). The Thunder can guard you with George, Andre Roberson and Adams and they can outscore you with Westbrook and George and ‘Melo. They have a solid bench (Patterson, Ray Felton, Jerami Grant, Alex Abrines) and Westbrook won’t be physically spent by the end of the 2018 playoffs. Wait; what am I saying? Of course he’ll be spent. But he’ll also be playing way deeper into May. 3. Did not getting Anthony hurt Houston or nah? The Rockets -- okay, Chris Paul -- wanted this done bad. It won’t hurt Houston in the regular season, when Paul and James Harden will dominate. And while Harden didn’t like Kevin McHale’s critique of his leadership, Mac was spot on. That doesn’t make “The Beard” a bad guy or teammate -- people gravitate to their comfortable roles in life, and CP3 is a natural-born leader. Harden will, one thinks, be more comfortable with slightly less light on him. They’ll do fine playing together and off one another. But the shadow of the Rockets’ implosion from deep -- 29 of 88 on three-pointers the last two games against the Spurs in their Western Conference semifinals series -- still hangs over them. Ryan Anderson was negated in the postseason. There’s a reason CP3 pushed for ‘Melo so hard. The Rockets will need unexpected consistent offense from a P.J. Tucker or Luc Mbah a Moute in May if they have any hopes of playing in June. 4. Can we just start the Cleveland-Boston East finals now? Maybe Toronto, with C.J. Miles shooting 40 percent on 3-pointers to complement Kyle Lowry and DeMar DeRozan, will break up what seems inevitable. Maybe Washington, with its super-solid starting five intact, now has the mental toughness to bust past the second round, where it’s been beached three of the last four postseasons. But it doesn’t feel like that. Boston, ultimately, should be a lot better this season than last. It will take a while for coach Brad Stevens to figure out the rotation and whether Jaylen Brown can really stick at the two, but ultimately, the Celtics have two dynamic playmakers/scorers in Kyrie Irving and Gordon Hayward, and with Al Horford providing the glue at both ends, they’re going to be a load by the end of the season. And while Cleveland will have to wait a while for Isaiah Thomas, the Cavs have more than enough firepower until Thomas can make his debut. Whatever Dwyane Wade has left will be accentuated playing with James, and Kevin Love (holy moly, is he underrated) will feast drawing slower, bigger centers out to him on the perimeter. J.R. Smith doesn’t like losing his starting job to Wade, and he should be ticked. But he nonetheless will help Cleveland’s bench, which will be incredibly difficult in its own right with Tristan Thompson and Kyle Korver complementing Smith. And that’s before Thomas returns, which will put Derrick Rose on that second unit. There won’t be any rest for defenses who’ll then have to contend with a rested James, et al, coming back. It says here that not only will the Cavs not miss Irving offensively, they could be even more diverse and difficult to guard this season. Not to mention that James is supremely motivated to make an eighth straight Finals. 5. Could Curry break his record of 402 3-pointers in a season? At first glance, with Durant and Klay and Draymond (and, now, Nick Young) all needing to get fed as well, it would seem impossible for Curry to best the mark he set two years ago, on the 73-9 regular season team. But consider: coach Steve Kerr thinks a new guy always blossoms in his second year with the Warriors, which means Durant should be even more lethal offensively this year, as the Warriors’ offense reaches an even higher level of efficiency. And the way they move the ball, it’s not a stretch to think that with defenses tripping over themselves to get to Durant, Curry could get into one of those ridiculous grooves that could leave him within striking distance of 402 by the end of the season. 6. Could the last one in the Eastern Conference turn out the lights? The New York Knicks were hardly a power in the East before trading Anthony, but his departure creates one more team that will struggle to win 35 games this season. With the paucity of talent there should be at least four 50-win teams in the East -- Cleveland, Boston, Toronto and Washington -- with the Milwaukee Bucks knocking on the door. 7. Who’s going to regret their offseason? The Bucks were fine off the court -- their new arena is already more than halfway constructed and looks like it’s going to be a gem -- although the surrounding mall that is supposed to be part of the complex is not going up as quickly. But the Bucks didn’t address their bigs-heavy roster and move some of the surplus -- how can coach Jason Kidd keep all of Greg Monroe, Jabari Parker and John Henson happy with Thon Maker scarfing up more and more frontcourt minutes? -- for the shooting Milwaukee still needs. The East is so open, and Milwaukee is so close to breaking through into elite status with Giannis Antetokounmpo an elite performer. 8. Rudy Gay -- sneaky good pickup? Gay says he’s cool starting or coming off the bench for the Spurs, but he’d best as San Antonio’s sixth man, at least to start things. Bringing Pau Gasol off the bench didn’t work so well, so if he’s starting at center, coach Gregg Popovich can’t go small ball with “Cousin” LaMarcus Aldridge at the five and Gay at the four alongside Kawhi Leonard. (Current state of Spurs fans’ cuticles here and here as they consider a season with an extended Klaw absence if this quad injury doesn’t improve soon.) The Spurs could have some serious firepower in reserve if Gay and Patty Mills come off the bench, but Mills or Dejounte Murray will likely have to start at the point until Tony Parker comes back. 9. Speaking of Popovich … Should he and Steve Kerr and Stan Van Gundy stick to sports? No. 10. Who’s gonna be Kia Rookie of the Year? I say Markelle Fultz. What, you thought I was gonna pick against a DeMatha Catholic man? (Actual unretouched photo of me as a sophomore at the most successful high school in the history of the United States may or may not be here). Playing off of Joel Embiid, J.J. Redick, Robert Covington … it’s hard to see Fultz not looking really good when he should have all kinds of room to operate. Lonzo Ball will put up bigger numbers, and Tatum will be on a better team. But Boston was good last year, and Jayson Tatum will likely not play as much as the others. The Sixers are poised for a big jump up in the standings, and that’s always a narrative that voters like and get behind -- which is what will hurt Dennis Smith Jr.'s chances in Dallas. 11. What does Dwyane Wade really have left? Now that the inevitable buyout of Wade’s $24 million deal by the Bulls has led to the equally inevitable trek to Cleveland to play with James, can the 35-year-old Wade still be a significant contributor on a title contender? Given the general dysfunction in Chicago last season, you can dismiss most of the good and bad numbers Wade put up, with two exceptions: he still averaged almost five free throw attempts per game, and he shot 31 percent on 3-pointers -- not great, but more than double his anemic 15.9 percent behind the arc in 2015-16, his last with the Miami Heat. Wade obviously knows the cheat code for how to most effectively play off of James, so he’ll use the regular season to learn his teammates and be ready for the playoffs. But can Wade hold up over seven games defensively if he has to chase, say, Bradley Beal around, or try to deny DeRozan his preferred mid-range spots, and still be productive offensively? 12. Back to the Sixers -- how good will they be? My guess is they’ll pretty good in the 60 or so games I anticipate Embiid will play this season -- I’m assuming several designated off days for him during the season, not another injury. The mix of young talent (Fultz, Embiid, Ben Simmons, Dario Saric, Covington) and crafty vets (Redick, Amir Johnson) should mesh to make the 76ers a very tough team to defend. But Philly has to resolve the Jahlil Okafor situation, and in fairness to him, give him a fresh start somewhere else with a trade as soon as possible. If I were a good team that would be hard-pressed to add a free agent any time soon and feels a player short of true contention -- I’m looking at you, Memphis Grizzlies and Wizards -- I’d work hard to get the new, slimmed-down Okafor on my squad while he’s still on his rookie contract and make him the focal point of a kick-ass second unit. 13. Should we feel some kind of way about the Trail Blazers? I’m picking up what you’re putting down. A full season of the “Bosnian Beast” in the middle, it says here, will vault Portland into the top four in the West. Note I said “full season.” That means Jusuf Nurkic has to give coach Terry Stotts between 65-70 starts for the above premonition to be, as they say in the legal world, actionable. If so, Nurkic’s underrated scoring and passing out of the post will only make Damian Lillard and C.J. McCollum that much more deadly out front, along with improving Portland’s defense. Per Basketball-Reference.com, the Blazers were 11.6 points per game better than the opposition with those three on the floor together and a +5 when their regular five-man lineup with Maurice Harkless and Al-Farouq Aminu joined the guards and Nurkic. And that’s pronounced, “Noor-kitch,” accent on Noor. 13. A little movie break ... Kevin Costner’s accent in “Robin Hood” -- worst ever, right? Yes, but Natalie Wood’s in “West Side Story” was painful, too. 14. Many have written the post-CP3 Clippers off. Should they? The Clippers are my darkhorse this season -- if they do the right thing and go small more often. They’re doing it more in practice so far than in games because Danilo Gallinari is working through a foot injury, but Blake Griffin at the five and Gallinari at the four could be spicy during the regular season. That would mean Sam Dekker and/or Wes Johnson would have to become credible and dependable at the three, allowing coach Doc Rivers to play a Pat Beverly-Milos Teodosic backcourt more often, which will just be fun. This would, of course, mean less DeAndre Jordan, and … that may not be the worst thing. Nothing against DJ, who is the best defensive big in the league, bar none. Unfortunately, the NBA isn’t about defense any more -- at least not in the traditional sense. Even someone like Jordan who doesn’t just block shots, but also helps snuff out opposing pick and rolls, becomes less valued by the league’s advanced stats crowd if he doesn’t contribute more offensively. The three has gone a long way to tyrannizing the defense-dominant big man out of the game. (Zach Lowe recommends the Wizards try to get Jordan via trade, and it’s not the first time I’ve heard that name mentioned in connection with Washington, the idea being the only chance the Wizards have of beating Cleveland or Boston is to slow them down enough defensively that Wall-Beal-Porter can try and keep up offensively. Washington is definitely a load when Wall gets locked in on D and creates turnovers, and the idea of Jordan inhaling lobs from Wall is enticing to think about. But the Wizards are not -- not -- going to take on a fourth big contract, and Jordan’s surely going to opt out after this season; he’s rightly expecting a massive payday in 2018, and the Clippers certainly now have motive and means to retain him.) Anyway, some Lou Williams, Austin Rivers and/or Teodosic and Willie Reed off the bench isn’t bad, either. 15. Could Kyle Kuzma be the best rookie on the Lakers this season? Don’t @me, LaVar. Kuzma has followed up a very strong Vegas Summer League with high notes in preseason, averaging better than 19 points per game for the Lakers. He’s been dazzling at times, displaying in-between skills that intrigue, and showing why so many teams were trying to trade back into the first round to get the Utah forward before L.A. snagged him with its second and much less heralded first-round pick last June. And there will be minutes available at the four this season. So far, Kuzma has displayed unusual strength for a rookie and confidence in his ability to score. Of course, he’s inexperienced, and like all rookies, has to differentiate between an open shot and a good shot. The other, more famous first-rounder, Lonzo Ball, will almost certainly be the better all-around player in time. For this year, though … hmmm. 16. What does a Hawks fan have to look forward to this season? Honestly, not much. But they’ll always be well-coached and get better. I’d pick one of the young players, like rookie John Collins or second-year small forward Taurean Prince, and concentrate on them during the season. See what they do with their minutes on the floor, and watch how they gradually expand their games at both ends. Seeing a young guy get better as he gains experience and accepts coaching is one of the great joys of watching the NBA every night. 17. Orlando? What gives there? The team’s new braintrust of Jeff Weltman and John Hammond will need some time to fix the roster -- a mélange of athletic wings that have trouble defending and guards that have trouble shooting. The former is addressed somewhat with the signing of Jonathon Simmons from San Antonio, but I don’t see a solution to the latter with any of the existing backcourt contributors. Unless coach Frank Vogel figures out some way to get more turnovers/runouts from his group, they just can’t get in transition enough for their length and legs to make a difference. 18. New Orleans? What gives there? The short answer is, I have no idea. All of NBA Earth has DeMarcus Cousins out of there one way or another (he’s an unrestricted free agent in ’18 and wants to be on a contender/the Pelicans will never pay him what he wants and will have to trade him by the deadline/no way he and Anthony Davis fit together/Wall agitates for a reunion with his former Kentucky big man in D.C./your departure theory here) by this time next year, but we’ll see what coach Alvin Gentry has come up with for “Boogie” and “the Brow” after a summer to think it over. Rajon Rondo being out hurts their depth, but I have to be honest -- I don’t see how he and Jrue Holiday can possibly work together in a backcourt, and Holiday’s the guy the Pelicans just gave $125 million to, so he should probably have the ball in his hands every night, shouldn’t he? I like Ian Clark and Frank Jackson down there, but that untethered three spot burns a hole in the New Orleans sun. Well, at any rate, should be more fun than watching reruns of My Life on the D-List. 19. Favorite D-List Muppet? Beaker. 20. LeBron is leaving Cleveland again after this season, isn’t he? Everything points to yes, and a relocation to Los Angeles to play with the Lakers or Clippers next year – except … what if the Cavs win it all again this year? That’s not an impossible scenario -- in fact, it’s a pretty simple one to lay out: Cavs run roughshod through the Eastern Conference in the playoffs again, get through a good but hardly great Boston team in the conference Finals and set up a fourth straight encounter with Golden State. It’s easy now to say the Warriors dominated the Cavs in last season’s Finals -- but only if you ignore the fact that Cleveland led by six with just more than three minutes remaining in Game 3, only to see the Warriors score the game’s last 11 points to take a 3-0 lead instead of 2-1. And given that Cleveland vaporized the Warriors in Game 4, a 2-2 series would have meant the Cavs just needed to win once in Oracle -- which they’d done twice in the 2016 Finals -- to have a real shot at repeating. The point is, the difference between the teams isn’t as big as Draymond Green would have you believe; the Cavs have no fear of the Warriors, and Jae Crowder gives coach Tyronn Lue a viable on-ball defender for Kevin Durant, leaving LeBron free to play off of Green. And: that unprotected Nets pick, whether one or three or five or seven, is Cleveland’s best recruiting tool. LeBron knows everyone in college basketball and he can literally pick whoever he’d like to finish his career with in Cleveland before handing over the reins. I’m not saying he’s definitely staying, either -- only that his departure isn’t the lead pipe cinch some would have you believe. The season to come will have a lot to do with his next decision. 21. So, how will the playoffs go this season? Eastern Conference (seeds No. 1-8): Cleveland, Boston, Washington, Toronto, Milwaukee, Miami, Detroit, Philadelphia Western Conference (seeds No. 1-8): Golden State, Houston, Oklahoma City, Portland, San Antonio, Memphis, Utah, Minnesota Eastern Conference semifinalists: Cleveland, Boston, Washington, Milwaukee Western Conference semifinalists: Golden State, Houston, OKC, San Antonio Eastern Conference finals: Cleveland over Boston Western Conference finals: Golden State over OKC (you heard me) NBA Finals: Golden State over Cleveland (in seven games) 22. Tell me something crazy that’s going to happen this season that no one’s predicting! Giannis Antetokounmpo. NBA MVP, 2017-18. 23. Are you high? No, ma’am. 24. So, why 24 questions? As always, we start the season with 24 questions (or predictions, or issues, whatever) in honor of Danny Biasone, the late owner of the Syracuse Nationals, whose discovery in 1954 helped save the league. At that time, the NBA was in the midst of a literal slowdown, in large part by teams that were desperate to figure out some kind of way to stay competitive with George Mikan, the league’s first superstar big man, and his team, the Minneapolis Lakers. Teams would hold the ball for minutes at a time without shooting in an effort to shorten the game and give them a chance to beat Minneapolis late. But the end result was boring -- very boring -- basketball. At the owners’ meetings that year, Biasone came up with an idea. NBA games were 48 minutes long. Biasone figured out that in a normal game, one not waylaid by the slowdown tactics, about 120 shots -- 60 per team -- were taken. So, why not just divide the number of minutes in every game -- 2,880 -- by the number of shots in an average game -- 120 -- to come up with some kind of a time limit in which a team had to shoot. And thus, the 24-second shot clock (2,800/120) was born. With the implementation of the shot clock in the 1954-55 season, scoring went way up, as did the quality of play. Teams were now running up and down the floor in order to try and beat the shot clock, complementing the “fast break” game that many colleges had played for years. But the new style in the pros was immensely popular with fans. And it still is. Plus, there’s just something iconic about that clock counting down every 24 seconds. It’s unique to the NBA. Thus, we ask 24 questions, in honor of the guy who owned a bowling alley as well as the Nationals for much of his adult life, and probably enjoyed the bowling more. Longtime NBA reporter, columnist and Naismith Memorial Basketball Hall of Famer David Aldridge is an analyst for TNT. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsOct 17th, 2017