Citizens' Issues
Security Matters

Nobody can protect you from fraudsters, if you are not careful and give away personal details easily

 
Many are (still) under the impression that once you install a software or an app, it will take care of your device’s safety and security. To add to this, advertisements from a few anti-virus software companies are doing the rounds with claims to give you ‘peace of mind’ while doing online financial transactions. But this is just one side of the bigger, and complex, security issue. No doubt, there are some good software products which can help you remain safe from attacks of hackers or viruses or malware. However, they have their own limitations. No software or mobile app can protect you if you decide to bypass their security rings and visit (or click) an unknown URL or link. The same holds true when you download and install mobile apps from anywhere other than the official play stores. Even when you download ‘free’ apps from official sites, be mindful of how much information that app will ‘steal’ from your mobile device. Remember there are apps, like for battery-saving or mobile-boosting, that are more interested in reading your contact details or call logs. No software or apps developer will accept it; but your data and personal information is out there for exploitation or sale at a price, if you do not follow certain rules.
 
So, first, make yourself ‘fool’-proof by not revealing mobile numbers, credit or debit card number and its security code or any other personal detail related with your financials, especially over phone calls from beautiful voices. Remember, no regulator, like the Reserve Bank of India (RBI) or the Insurance Regulatory and Development Authority of India (IRDAI), or even your bank, has the time to call individuals seeking personal data. Banks already have them and will never ask for it from the customer. 
 
If you are a smartphone user, you can use mobile apps like TrueCaller to identify the caller and also block spam calls automatically. I know, such apps would get access to your phone data and may use it, but it also help you to identify a spam caller.
 
Secondly, never ever click on any unfamiliar link received either through social media or chat programs or via email. Even if the link appears familiar, visit the original website and go to the linked page from there. 
 
This brings us to our next point about web security. Do check the encryption level of the URL which you may be accessing, especially for financial transactions. There should be an additional ‘s’ in the address bar, like https. Also check for the lock icon in the address bar. This denotes the security level and should display the website’s security certificate after clicking on the lock icon. 
 
Fourth, never, ever, share your mobile number or email ID in public forums. Funnily, there are people who believe in sharing entire email conversations, including email IDs, contact numbers in the comments on Moneylife’s website, and that too on articles that warn people about the same fraud. In one article, we wrote about how fraudsters are luring people under the pretext of offering lottery money in the name of RBI. However, despite the red flag, there are several people who keep posting the entire message received from such fraudsters. One reader has even posted an ‘affidavit’ and his bank details so that he can receive the lottery money from the scamsters! 
 
Many also write their ‘secret’ code or PIN on a piece of paper and keep it next to the credit or debit card. Some smart people even write it on the reverse of the card. Forget about software or mobile apps, even the God cannot protect such people! You should create passwords and codes or PINs that are hard to guess but easy to remember (only for you). 
 
So the next time you receive a call from a ‘beautiful voice’, ask the caller to send the request in writing, without revealing any of your personal details, including email ID or your address and disconnect the call. Also, do not forget to mark it as spam-caller or put it in your call/SMS blacklist. 

User

COMMENTS

Simple Indian

9 months ago

Good tips in general, though many people are already aware of them yet give them a miss, for their convenience. The last para was intriguing though. How does one ask the caller to give it in "writing" without giving one's email / address ?
I believe even apps like Truecaller do collect personal information of the mobile user, including the call log, messages, surfing info, etc. which it shouldn't. Hence, don't install any such App, and instead opt for paid tried-n-tested security Apps like XYZ Mobile Security - after reading the user reviews of the App. Also, one can check the user ratings of the App in the Google Play Store (or corresponding place for iPhone & Windows Phone OS users).
Finally, no matter what steps one takes to secure one's info, what gets them drawn into scams is their greed. There's no App to control human greed, yet.

manoharlalsharma

9 months ago

u r not aware that this country is master in litigation business as POLITICS involve,have u know how difficult to protect u r RESIDENTIAL flat from the Co-Operative housing society? How a Greedy committee to eat away the earning from redevelopment premium and how to restraint u r entry to EGM./GM meetings, through HC stay if u want a real/live story Go to WP-8508/2003 and learn how to get FINAL order STAY?

A Cancer-free World

Urgent research is needed to get to know more foods containing Laetril (vitamin B17), to help control and cure cancer

 
Edward Griffin, in his celebrated book World without Cancer, gives us a bird’s eye view of the cancer drama in our conventional medical worldview. I am happy that many of my long-held views in this area have been reaffirmed. Of course, the consensus view in our conventional medical world might not agree at all. Let us, for a minute, think that if they were to agree, the whole cancer world will collapse and, with that, the trillions of dollars’ worth of business! 
 
One sentence in an earlier book, Science of Medicine and the Quiet Art, by David Weatherall, a great cancer researcher and a Regius Professor of Medicine in Oxford who was my beacon in this area for a long time, to which Griffins has added sumptuously indeed! David writes something like this. (These are not his exact words). ‘Our present cancer therapy reminds me of our ancestors treating every single disease with red-hot iron. Today, we burn our patients with radiation; poison them with chemicals; and mutilate them with surgery. I am sure, our future generation will never forgive us for this inhuman torture.’  
 
The history of cancer is a history of the greed of the healthcare business. An independent survey, recently, showed that conventional treatment results are: cure rate in advanced cancer is just 0.1/10%; milder disease 18% and, in very early and not-so-aggressive cancers, 20%. Griffin shows methods of treatment and prevention which can give us 100% results.
 
I was listening to an agricultural scientist of great repute in the US, Dr Khader, who has transformed himself into a healer through food-as-medicine, near Mysore. He has shown that millets can cure almost every conceivable disease including cancer. Moreover, they could prevent cancers. Coming back to Griffin’s book, it says that Laetrile (vitamin B17) prevents cancer 100% and treats the same in large doses even after cancer manifests in those who have not prevented it. Millets contain lots of Laetrile; many other fruits and nuts also contain it. 
 
Dr Khader might have hit the jackpot accidentally. We should take this work seriously and go forward to confirm its claims, for the good of mankind. History is replete with stories of men, who brought in new ideas into medicine, being persecuted during their lifetime by the conventional medical bigwigs of their time. Their work got recognition and mankind benefited long after they were hounded 
out.
 
Beriberi was treated as an infection and treated with arsenic for hundreds of years, even though reports of Beriberi being a nutritional deficiency were long known. Scurvy killed thousands of British soldiers on the seas in the years when even the native Americans knew that it was due to fresh fruit deficiency! SMON (sub-acute myelo-optico-neuropathy) killed so many when it was thought by the establishment to be due to a slow virus like Kuru. In fact, it was due to an adverse drug reaction to Quinolones used to control tropical diarrhoea. Even though great researchers have found no connection between HIV virus and AIDS syndrome, millions are getting the wrong treatment even today. 
 
Now, slowly, people are realising that there is no disease called ‘high cholesterol’; but we have damaged millions with dangerous cholesterol-lowering agents. When we know that the human mind is not in the human brain, we still use powerful brain-altering drugs to treat mental illnesses like depression. The story is there for all of us to know. Cancer is no exception.
 
Urgent research is needed to get to know more foods containing Laetril to help mankind and also to convince our colleagues in the conventional medical world to see the logic and come to their help. If everyone puts his/her head together to help cancer patients and shed our biases, mankind will be grateful and our future generations will appreciate our good work.

User

COMMENTS

Venkatesh Yeddula

5 months ago

Dr B M Hegde,It is indeed a nice write up.Is cancer really preventable.I think you know how a normal cell transforms into cancer.Age itself is the biggest risk factor,because with increasing age,the constant impact of the insults suffered by our body and its cells,with waning of the immune system,and also the DNA repair mechanisms becoming slow or inefficient,cancer is one of the nature's mechanisms of annihilating an individual to death.
Fresh fruits,vegetables,good exercise,good sleep, calm mind all bring about the well being of the individual.However,in spite of all these we all still die.By following good diet,exercise etc we may live healthy till old age,but there is some mechanism to die.
Now,u must know that post mortem studies of aborted foetuses and dead infants ,during the 70s had shown that there are fatty streaks over which atheromatous plaques develop in later life,and ultimately the blood vessels to the heart or brain get blocked when we are old enough to die,and this is the cause of natural death in over 90 percent of the dying population.Smoking,alcohol,sedentary lifestyle,genes,diabetes mellitus,hypertension,type A personality all add up to kill a person early by accelerating the natural process of atheromatous blockade of blood vessels,esp to brain and heart,resulting in MI and strokes.
Now regarding vitB17 Or Laetril has inhibitory properties on the cell transformation through various yet to be elucidated mechanisms,we have vit A,vit C,antioxidants, which have been proven to be effective in preventing cancers for a fairly long periods of our lives.Smoked salmon causing cancer,is one of the early carcinogens to have been identified.Similarly we have red meat diets causing colon cancers,and mango and papaya preventing the colon cancer for fairly long periods of our lives.

Regards to cholesterol lobby,coronary stunting lobby etc,I think u agree that these were started by the medical fraternity with the noble idea of healing patients,not knowing long term outcomes,at the outset.Science will accept defeat and these will be abandoned once newer ( or older) better methods are made available to treat these diseases.
If Dr Khader is treating patients with millets,it's great.But should we not take up a good study ,a randomised controlled study to prove or disprove its efficacy and claims ,by the millet lobby.
I don't agree with your cholesterol tirade completely.There is a volume of research to show that HDL :LDL ratio is having a fairly good correlation to causation of acceleration of atherosclerosis(as I told u atherosclerosis is a natural aging process).Nobody had an express idea of making money over cholesterol reducing drugs.
Though later it was found that homocysteine too is a culprit in accelerating atherosclerosis,and B complex vitamins can reduce this speed of progression of atherosclerosis.

REPLY

Narayan Panje

In Reply to Venkatesh Yeddula 5 months ago

Where does Dr BM Hegde said in his article one will not die ! Everybody knows death is certain, the thing is ' How to remain healthy till death?'. Dr BM Hegde's article is educative.

Ramesh Poapt

9 months ago

Excellent! Dr.Hegde,pl. extend on Vit.B17/millets for cancer!

R Balakrishnan decodes annual reports

 

The Moneylife columnist shared his four decades of experience in financial markets

 

Decoding annual reports and getting behind the numbers of a company is not an easy task. R Balakrishnan, who has four decades of experience in financial markets and having been among the founding team of CRISIL (Credit Rating and Information Services), the head of research at DSP Merrill Lynch and CEO of Sahara Mutual Fund, delved into the nitty-gritties of an annual report.

 

Annual reports are generally studied from an accountant's perspective, but investors need to focus on specific areas to take their decisions. This necessitates studying annual reports from a different perspective. R Balakrishnan delineated different aspects of the annual report from an investor's perspective, highlighting the fact that though every number tells a story, every story need not be relevant. Simplifying financial statements, he explained the interrelationship between different financial statements. He deconstructed different aspects right from Director's Report, Management Discussions to different quantitative aspects.

An investor's job is incomplete unless he analyses financials of the company. Delving into the most important ratios, which need to be monitored by investors, Mr Balakrishnan pointed out that how much the shareholders do learn from the ratios can be the most critical factor. While short-listing companies, he remarked that the two most important ratios, the investors should look at are return on capital employed (RoCE) and return on equity (RoE). Highlighting the importance of RoE, he said, ''Stock prices follow RoE in the long-run. In the short run, stock prices follow anything.''

A session on annual reports is not complete without real-life examples. The second part of the seminar consisted of delving into the financials of Inox Wind and Hindustan Unilever Ltd (HUL). The Moneylife columnist took the audience through ratio calculations in a step-by-step manner.

 

Kotak Securities, one of the co-sponsors of the event, conducted a lucky draw. Three lucky attendees won vouchers for PVR.

 

R Balakrishnan was graceful enough to answer questions from an inquisitive audience, in the midst of the session. The seminar ended with Mr Balakrishnan giving his deep insights into the questions posed by the audience. He answered questions relating to issues like corporate governance, pledging of shares, and also issues relating to different sectors and red flags. Towards the end, replying to a question on debt, he remarked lightly, ''Many businessmen in India treat loans as a revenue.”

User

COMMENTS

Balaji

9 months ago

I missed the event. Do you have video uploaded?
Thanks.

ch prakash

9 months ago

If U donot mind, Why don't the CDs to be given for subscribers for certain consideration.

Raveendra R

9 months ago

Wish I am in Mumbai to attend excellent session by Balakrishnan

REPLY

Nilesh KAMERKAR

In Reply to Raveendra R 9 months ago

Sir's two other similar videos are available on internet. . . Thoda-sa search karlo

ch prakash

In Reply to Nilesh KAMERKAR 9 months ago

Pl. post the links if possible

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