Are your premises clean and free of bugs?
Article Abstract:
The consulting firm of Security Investigation and Protection International (in London) estimates that one of every ten searches performed by its experts uncovers a bugging device used to access the confidential details of its business clients. Industrial espionage may be increasing. In the London telephone book, six pages are devoted to listings of security services. Although it is illegal to attach bugs to Britain's telephone lines, it is not illegal to manufacture devices for that express purpose in Britain. Corporate boardrooms may increasingly become the object of bugging, due to the increased merger activity (takeovers may be easier to perform if the target company's operations are thoroughly understood). Room bugging and wire-tapping are discussed, and examples of each are given.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Electronic money: a new way of paying
Article Abstract:
Electronic funds transfer at point of sale (EFTPOS) raises complex issues. Payment systems now in use such as checks, credit cards, or automated teller machines are labor-intensive and not completely satisfactory in preventing fraud. The Scottish and English clearing banks set up a company in 1985, EFT- POS, as an electronic clearing system that would accept both debit and credit transactions. The system operates 24 hours per day, seven days per week, and would enable a transaction to be completed in a few seconds. Many retailers want to test the system before adopting it. EFTPOS developments in the European Economic Council are also discussed.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Glasnost spells openness for East-West trade
Article Abstract:
The development of foreign trade between the capitalist countries of Western Europe and the Communist governments of Eastern Europe are discussed. Members of the Council for Mutual Economic Assistance (CMEA) are in the process of decentralizing their foreign trade ministries in the hopes of making their state industries more competitive and more profitable. Guidelines for Western businesses that are interested in trading with CMEA countries are discussed. The economic conditions and foreign trade figures for each of the CMEA member nations are discussed.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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