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Tech World

 
Started by : Mahalakshmi Subramanium, QA/QC Manager, Genpact   12 04 2009 11:10:17 +0000
Industry : Radio, TV & FilmsFunctional Area : India(Markets)
Keywords : technology scandals
Activity:  142 views;  last activity : 07 06 2010 20:18:09 +0000

As we know this year was surely not one of the best years for the business world globally. The economic recession bruised companies of all sizes, big and small. However, it was not just the adverse financial climate that made the year tough for IT cos, but also a series of scandals that followed tech companies and its employees throughout the year. So, according to you, what were the biggest technology scandals of 2009? Do share your views...

 
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1 2 3 4 5
1 India's biggest corporate scam: Satyam
2 fraudulently using H-1B visas.
3 Wipro job scam
4 Hotmail hacked
5 Google `makes' monkey of Michelle Obama

India's biggest corporate scam: Satyam

idea posted by Mahalakshmi Subramanium QA/QC Manager, Genpact

We all remember what happened last year in December 2008, when Satyam CEO B Ramalinga Raju shocked the Indian IT world by admitting to have fudged the company's account. The revelation of what was the country's biggest corporate fraud left the company's employees and investors in a lurch

.http://static.ibnlive.com/pix/sitepix/01_2009/ramalinga-raju-10109313.jpg

This year, after months of enquiry, CBI recently filed a supplementary charge sheet against Raju and nine others, pegging the Satyam fraud at Rs 14,000 crore instead of the Rs 7800 crore that Raju had owned up to in January this year. The charge sheet had identified 1065 properties with a documented value of Rs 350 crore that were acquired by the Rajus with the spoils of the fraud.

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I too agree.....coz I didn’t heard abt the rest of issues in Dubai

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yes it is a india's biggest corporate scam.its a quite sad for our youth and country.

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this certainly should top the list, this scam showed the world that bad companies do exist even in IT who are simply mad about making money !!

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fraudulently using H-1B visas.

idea posted by MAJETY CHANDRA SHEKHAR Construction-Residential, SINDHU INFRATECH

The US government reportedly filed an expanded indictment against an IT services company, Visions System, for fraudulently using H-1B visas. According to a report, the US government alleged that the New Jersey-based IT services company paid H-1B workers based on Iowa's lower prevailing wage rates through the creation of shell firms in that state, and not the prevailing wage rates of the higher paying locations where they worked.
The report said that if federal prosecutors win their case against Visions System Group Inc, they will ask the court to approve $4.9 million in forfeited assets, an amount "representing the total amount of gross proceeds obtained as a result of offenses," the government said.
However, this amount is a reduction from the $7.4 million the US sought from Visions Systems in its initial indictment, filed earlier this year. The reduction was not explained in court documents.

 

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Wipro job scam

idea posted by Leena Pawar Tech Architect, IT Infotech

There was another corporate scam where many fraud letters in the name of software company Wipro were going to prospective job seekers offering interview calls from the company. The company had faced fraudulent letters across e-mails that carried the company logo and its letterhead. The letters signed by one Narayan Murli ask aspirants to deposit a "refundable" security deposit of Rs 4,670 in a particular account number as payment towards the interview and promised attractive salaries in the range of Rs 15,000 to Rs 65,000 a month.

The e-mails were sent to job aspirants registered in different job portals informing that they had been shortlisted for interviews for various vacancies. These letters, were replete with spelling mistakes and erroneous language and originated from some public domain and not from the company's domain. The letters stated scheduled the interview at the company's Noida office though, Wipro has no office in Noida.

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Hotmail hacked

idea posted by Smita Dalvi Sales/BD Manager, Hewlett-Packard

We all can remember, just two months ago, in October, Microsoft said that passwords belonging to some users of its Hotmail email service were exposed on an Internet site. Though the company did not say how many users were affected, but some reports suggested that passwords of more than 10,000 accounts were exposed.

Though they said that they were aware that some Windows Live Hotmail customers' credentials were acquired illegally by a phishing scheme and exposed on a website, it also said the exposure of the passwords was not a breach of any Microsoft servers.

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Google `makes' monkey of Michelle Obama

idea posted by Radhakrishna Marar Business Analyst, Oracle
GoogleImage-1.jpg image by aminahhanan
This image results in search engine has recently created a stir when it was pointed out that the image results for US first lady Michelle Obama showed a racist image as the number one result. The result which showed Michelle as an ape women was later removed by Google. Google later apologised for the image and also ran advertisements to explain the appearance of racist and anti-Semitic material in search results. Google Team explained, "Sometimes Google search results from the Internet can include disturbing content, even from innocuous queries.
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