#commerce class
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550666 · 2 years ago
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Dive into the world of finance with us! 📊
Join us on Quiz Mania as we unravel the mysteries of current liabilities and explore the vast Commerce Planet.
Get ready for a knowledge-packed journey! 
For more information visit<https://commerceplanet.in/
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dispatchesfromtheclasswar · 2 years ago
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wystiix · 8 months ago
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GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME OUT OF HERE GET ME
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deeyaacademia · 16 days ago
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homecoming <3
hello people, i am officially back with a sparkle in my eye and promises to be consistent :D
i just finished my my first year final exams (woohoo) and i feel so happy that i'm already 1/3 done with college. 😭😭 anyway, here is what you must know:
(i) i passed ca foundation in my first attempt (jan 25)
(ii) i did not give the september attempt last year because i gave up on studying in june itself so i was really NOT prepared to give the exams in september. i did a lot of soul searching whether i genuinely wanted to pursue ca beacuse wdym i gave up after a week of studying, but i think i was just not feeling it then, with starting college and adjusting, and just locking in on a path in life. (pathetic, i am aware😭😭)
(iii) so after the september attempt passed me by, and lots of lectures from my very angry parents, i decided that i will give january attempt a try, and if i pass, i'll feel motivated to continue, and if i don't, i'll reaccess.
(iv) after barely studying much, and having my sem one exams side-by-side the foundation exams, (and having a veryyyyyyy stressful month) i just really locked in in the last 15 days and gave it my all.
(v) when the results came in march, i genuinely had no hopes of passing and when i saw that i passed i was so shocked?? like how?? this was insane?? but apparently my hardwork bore it's fruit after a few ups and downs. that's the story.
(vi) now, i know i should have started studying in march itself for my intermediate january 2026 attempt, but- i had sooooo many college exams, assignments and classes that idk how time went by and now it's june?? 😭😭 please i don't know what is happening to me, i swear i was not like this before. but, the past year has changed me alot and now I AM SO READY TO GET STARTED. better late than never hahahahahahahahahahahahahah (please support this affirmation amen)
starting today/tomorrow, i'll begin with a 75 day hard challenge (i need to lock in academically and in every other aspect of my life too, it's all a wreck heheh) or a 100 days of productivity challenge to feel an ounce of motivation and hope. i will catch up with the lost time this summer. so, wish me luck, and see you in the next one!
with love,
deeya.
[08.06.2025]
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verylovecrusade · 3 months ago
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quotelr · 8 months ago
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when you become addict in to MATERIAL things in life then the TRUE natural life start to run away from you, YES! it's can give you certain pleasure in the society but in the same time it will sabotage your true HAPPINESS of life which we could have simply with GRATITUDE and FORGIVENESS
Rashedur Ryan Rahman
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customizationshopy · 11 months ago
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Elegant Daily Planner . Please visit, https://customizationshopy.etsy.com
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theexodvs · 11 months ago
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I wonder how the folks who call marriage and the family "idols" prioritize them in relation to NATO, the FDIC, the American public school system, the establishment clause, the interstate commerce clause, psychiatry, or boomers' retirement funds.
Or whether they're willing to take the Hezekiah option against them the way they do against marriage and the family.
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calkale · 2 years ago
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I got the exact same grade on my physics test im so tired, i asked about 3 questions on the test and the teacher was as clueless as i was
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gyancafe · 1 year ago
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Officially a Chartered Accountant! Over the moon and ready to conquer the world!😀
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550666 · 2 years ago
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Welcome to the incredible cosmos of commerce students, a diverse universe filled with stargazers of spreadsheets, masters of marketing, financial wizards and the caffeinated connoisseurs of coffee shops. 🌌📈☕
In this vast galaxy, you'll encounter those who speak the language of balance sheets and profit margins, while others navigate the nebulous world of economics and market trends. They are the captains of group projects, the late-night strategists and the future business leaders, all united by their pursuit of knowledge in the ever-expanding cosmos of commerce.
So, whether you're a cosmic accountant, a cosmic marketer or somewhere in between remember that the universe of commerce students is vast filled with infinite opportunities for growth, learning and maybe just a little bit of caffeine-induced inspiration.
For more information visi<<https://commerceplanet.in/
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mcgiggers · 1 year ago
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London, Paris - March 2024
Just back from a fantastic art viewing adventure in the old world which featured stops at the Tate Modern and Goldsmiths Centre for Contemporary Art in London, and the Musée d’Orsay, the Foundation Louis Vuitton and the Bourse de Commerce in Paris. The four-day trip was on the back end of a stay in the 13th century hilltop village of Petritoli, located in Le Marche, where local churches and those in the neighboring towns displayed marvelous medieval and renaissance style treasures. In the big cities, however, the focus was more on contemporary offerings. The whole made for a fascinating journey through an exciting part of art history.
London
An attempt to see the Yoko Ono exhibit at the Tate Modern was stymied by sold out crowds. The serendipity in poor planning however resulted in an opportunistic visit to the museum’s permanent collection, more specifically the magical second floor featuring modern masters and post war stalwarts. With entire rooms dedicated to the likes of Joan Mitchell and Gerhard Richter, among others, the walk-through played out like a greatest hits tour where around every corner an even more marvelous sensory treat was served up. Highlights of the visit included: Georges Braque’s early cubist masterpiece “Clarinet and Bottle of Rum on Mantlepiece”, 1911, oil on canvas (31.9 x 23.6 in.); Giorgio Griffa’s painterly “Tre linee con arabesco n.111”, 1991, acrylic on unstretched and unbleached canvas (114.4 x 76.4 in.); and Agnes Martin’s contemplative grid patterned renderings “On a Clear Day”, 1973, thirty screenprints on paper (each 12 x 12 in.), edition 32 of 50.
On the other side of town on the campus of one of the world’s most renowned art schools, a Matt Connors exhibit, Finding Aid, opened its doors at the Goldsmiths Centre for Contemporary Art. Featuring new and older works by the American abstract artist, the expansive grouping of paintings, sculptures and drawings cleverly paired Connors’ soft geometric abstraction and minimalist marking styles.  Showstoppers included: the large-scale bold vertical diptychs “Mural for a Gay Household I” and “Mural for a Gay Household II”, 2018-2020, acrylic on canvas; the vibrant “Red Top (deployed hatch)”, 2015, acrylic on canvas; and the sparse “Echo Implies Room (Orange/unprimed)”, 2012, acrylic and colored pencil on canvas.
Paris
Forty-eight hours later, the Eurostar abetted transition to Paris was speedy and eventless. Even under cloudy skies, the City of Light was totally sublime and uniquely picturesque. The art stops along the way were knockout shows in beautiful venues which in and of themselves were artistic and architectural marvels. At the Musée d’Orsay, the magnificently repurposed train station was the setting for the Paris 1874: Inventing Impressionism exhibit. The show celebrates the 150th anniversary of the inaugural exhibit of the then avant-garde movement and chronicles the transition from staid and traditional realism to hazier and freer interpretations of subject matter capturing a moment in time, an impression, so to speak. The cast of characters that led the way included MVPs in the annals of art history - Monet, Renoir, Degas and Cézanne, among others, all of whom figure prominently in the exhibit. The highlights included: Auguste Renoir’s “La Loge”, 1874, oil on canvas (31.5 x 24.8 in.); Claude Monet’s “Impression, soliel levant”, 1872, oil on canvas (19.63 x 25.63 in.); and Edgar Degas’ “Classe de danse”, circa 1870, oil on wood (7.75 x 10.63 in.).
The next visit on the journey was the futuristic Frank Gehry-designed Foundation Louis Vuitton and the Mark Rothko retrospective. The comprehensive exhibit brought together 115 or so works of the powerhouse American abstract artist and presented a chronology of the evolution of his early figurative renderings to mystical and surreal style paintings and finally, to his entrancing iconic floating forms. The highlights included: the early representational scene “Contemplation”, 1937-1938, oil on canvas; the surrealist masterpiece “Slow Swirl at the Edge of the Sea”,1944, oil on canvas; and dozens upon dozens of mesmerizing large format colour abstractions, including, “Orange and Red on Red”, 1957, oil on canvas (68.8 x 66 in.) and “No. 14”, 1960, oil on canvas (114 x 105 in.).
The last planned stop in Paris was the Pinault Collection at the impressively remodelled Bourse de Commerce. Spiralling up the majestic rotunda, works by contemporary art rockstars were prominently displayed. Among these were: Peter Doig’s haunting “Pelican (Stag)”, 2003-2004, oil on canvas; Maurizio Cattelan’s poignant “Him”, 2001, wax, human hair, suit, polyester resin and pigment; and a monumental installation by Sturtevant replicating the mythical room staged by Marcel Duchamp at the 1938 International Surrealist Exhibition in Paris.
Closing off the trip and reaching back in the art history timeline, a truly memorable work was discovered by happenstance during an unplanned visit to Eglise Saint-Séverin. Dating back to the 13th century, the gothic style place of worship housed numerous elaborate chapels which were all built around altars and adored by art of the time. A particular work stood out as it was presented alone hung high on a huge wall under a circular stained-glass window surrounded by nothing else but the serenity of the immediate environment. It totally radiated under the spotlight that illuminated a depicted religious figure sitting at a table who perhaps was Saint Séverin, a devout 6th century hermit and the church’s namesake.
Meanwhile, in the new world, there was a lot more commotion as Hogtown’s Jurassic Park was hit with an asteroid of epic proportions that essentially wiped out all remnants of a recent championship team.  The Dinos were dissected and dismantled. Gone are Crazy Eyes and OG-Won Kenobi, and team leader Scottie B and the much-maligned Austrian Big succumbed to season ending injuries. All the while, the newly minted Raptors including RJ the Prodigal Son Barrett and Immanuel La Squig Quickley struggled to stay healthy and make their mark. The result has been a team that is nowhere near relevant in the standings nor the hearts of fans. With the prospect of a lengthy and bumpy rebuilding process ahead, Dino fans can perhaps take some solace in rooting for the success of Raptor expats applying their trade elsewhere or maybe even Canadian hoopsters playing for true championship contenders. It’s all a lot rosier than the current state of affairs in Jurassic Park.
For more information on any of the venues, artists or works mentioned, or the sad sack Dinos, “Just Google It”.
There you have it sportsfans,
MC Giggers
(Https://mcgiggers.tumblr.com) Reporter’s Certification
I, MC Giggers, hereby certify that the views expressed in this report accurately reflect my personal views and that no part of my compensation was or will be, directly or indirectly, related to the specific views expressed herein.
I also certify that I may or may not own, directly or indirectly, works of artists mentioned in this report and that I may or may not have a strong bias for such artists and, more generally, for “Pictures of Nothing”.
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loveridden1999 · 1 year ago
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mushroom fungus hota hai?? chee maine galti se ek baar pizza pe kha liya tha😭😭😭😭😭😭
faceplaming myself itne zor se na
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jpsedu · 6 hours ago
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capslearning · 11 days ago
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Beyond the Classroom: The Unique Learning Environment at CAPS Learning
In a time when academic success is tightly linked to professional achievement, it’s easy for students to become trapped in a cycle of rote learning and exam pressure. But real education goes far beyond textbooks, exams, and marks. At CAPS Learning in Nagpur, this philosophy is not just a slogan—it is a living experience that shapes every student’s journey. Recognized as one of the best CA coaching institutes in Nagpur, CAPS offers an enriching environment that goes well beyond the conventional classroom.
A Space That Fosters Holistic Development
Learning doesn’t only happen when a teacher is standing in front of a whiteboard. True education happens when students begin to apply, question, explore, and connect. CAPS Learning understands this and builds its curriculum and campus culture around holistic development. It’s not just about clearing the CA Foundation or CA Intermediate; it’s about helping students develop critical thinking, communication, time management, and confidence—skills that truly matter in the long run.
By combining academic rigor with mentorship, motivation, and modern learning tools, CAPS creates a unique space where every student can grow intellectually and personally.
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Faculty Who Teach and Transform
What truly sets CAPS apart is its team of dedicated and passionate educators. These are not just teachers delivering lectures—they are mentors who listen, guide, and support students through every stage of their CA journey. With decades of combined experience and real-world exposure, CAPS’ faculty members are committed to ensuring each student not only understands complex concepts but is also motivated to pursue excellence.
Each session is designed to be engaging, interactive, and value-driven. CAPS doesn’t just provide commerce coaching in Nagpur—it offers mentorship that extends far beyond the four walls of the classroom.
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Interactive Learning Methods, Not Passive Memorization
At CAPS, you won’t find students passively memorizing notes. Instead, learning is active, vibrant, and layered. The faculty encourages discussions, case-based learning, regular quizzes, presentations, and problem-solving sessions. This interactive approach ensures that students understand the ‘why’ behind every topic, not just the ‘what.’
By connecting real-world financial challenges and economic scenarios to textbook content, CAPS ensures students are industry-ready and not just exam-ready. This is a key reason why CAPS is known for offering the best commerce classes in Central India for aspiring CA professionals.
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Smart Infrastructure That Supports Modern Learning
Gone are the days when learning meant chalk and duster. CAPS Learning has invested in modern infrastructure that caters to today’s generation of digital learners. Smart classrooms, digital projectors, online mock test portals, and high-quality learning resources make it easier for students to study both on and off-campus.
The hybrid model of classroom + digital learning ensures flexibility, better time management, and accessibility—especially for students juggling school, coaching, and self-study.
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Test Series That Mirror the Real Exam
One of the strongest pillars of the CAPS learning model is its well-structured and meticulously designed Test Series Program. Regular assessments not only help students practice under exam-like pressure but also identify strengths and areas that need improvement.
What makes CAPS' test series unique is the detailed feedback system. Students aren’t just given marks; they receive performance insights, personalized suggestions, and follow-up support from faculty. This constant loop of learning and feedback helps them gain clarity and improve steadily.
For students aiming to crack CA Foundation or Intermediate in one go, this exam-oriented strategy is priceless.
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A Support System That Understands Your Journey
Every student’s path is different. Some grasp concepts quickly, others need more time. Some struggle with motivation, while others face external pressures. CAPS offers a supportive ecosystem that respects these differences.
From one-on-one doubt-solving sessions and weekly performance reviews to mentorship meetings and emotional guidance—CAPS believes in walking with each student, every step of the way. In fact, many students say that joining CAPS felt like joining a family that genuinely cares.
This emotional safety net is what makes CAPS more than just a coaching institute; it’s a community that uplifts, inspires, and supports.
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Value-Added Workshops and Life Skills Training
At CAPS, learning extends beyond academic subjects. Students are regularly exposed to life skill workshops, communication sessions, financial literacy programs, and career counseling. These sessions are designed to bridge the gap between academic knowledge and practical, real-world readiness.
Whether it’s learning how to manage stress during exams, improving spoken English for interviews, or understanding how to read a balance sheet in real business settings—CAPS helps students grow in every direction.
Such initiatives are rare in typical coaching institutes, but at CAPS, they are an integral part of the learning experience.
Creating a Culture of Motivation and Discipline
Discipline is the foundation of any successful professional journey, especially in the CA field. But discipline at CAPS is not forced—it’s nurtured. Students are encouraged to set their own study goals, maintain progress logs, and take ownership of their learning.
Moreover, regular motivational sessions by DG Sharma Sir and other senior faculty provide the mental push needed to overcome self-doubt and setbacks. These sessions, often filled with practical wisdom and real-life stories, leave a lasting impression on students’ minds.
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Over the years, CAPS Learning has built a strong reputation as one of the top CA coaching institutes in Vidarbha Nagpur. Its consistent record of successful CA Foundation, Intermediate, and Final level results, along with glowing testimonials from students and parents, speaks volumes.
CAPS doesn’t just train students—it transforms them into professionals, into achievers, and into better versions of themselves.
CAPS Learning is a space where passion meets purpose, and where learning goes beyond the classroom. It’s a place where students not only aim to pass exams but also prepare to excel in life.
Whether you are a student stepping into 11th commerce or someone determined to crack the CA Foundation in your first attempt, CAPS is a place where you will find clarity, courage, and competence.
If you’re searching for the best CA coaching in Nagpur or wondering, "Where can I find the most effective CA classes near me in Nagpur?" — the answer lies at CAPS Learning.
It’s not just an institute. It’s a launchpad for your future.
CAPS Contact Number : +91 969 312 0120 / +91 805 512 0900.
CAPS Nagpur Address : Plot No – 83, Hill Top, Ram Nagar, Near Water Tank, Nagpur – 440010, Maharashtra.
Website: https://capslearning.org
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makeitdewey · 1 year ago
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381 Commerce (Trade)
How I got scammed
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/02/05/cyber-dunning-kruger/#swiss-cheese-security
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I wuz robbed.
More specifically, I was tricked by a phone-phisher pretending to be from my bank, and he convinced me to hand over my credit-card number, then did $8,000+ worth of fraud with it before I figured out what happened. And then he tried to do it again, a week later!
Here's what happened. Over the Christmas holiday, I traveled to New Orleans. The day we landed, I hit a Chase ATM in the French Quarter for some cash, but the machine declined the transaction. Later in the day, we passed a little credit-union's ATM and I used that one instead (I bank with a one-branch credit union and generally there's no fee to use another CU's ATM).
A couple days later, I got a call from my credit union. It was a weekend, during the holiday, and the guy who called was obviously working for my little CU's after-hours fraud contractor. I'd dealt with these folks before – they service a ton of little credit unions, and generally the call quality isn't great and the staff will often make mistakes like mispronouncing my credit union's name.
That's what happened here – the guy was on a terrible VOIP line and I had to ask him to readjust his mic before I could even understand him. He mispronounced my bank's name and then asked if I'd attempted to spend $1,000 at an Apple Store in NYC that day. No, I said, and groaned inwardly. What a pain in the ass. Obviously, I'd had my ATM card skimmed – either at the Chase ATM (maybe that was why the transaction failed), or at the other credit union's ATM (it had been a very cheap looking system).
I told the guy to block my card and we started going through the tedious business of running through recent transactions, verifying my identity, and so on. It dragged on and on. These were my last hours in New Orleans, and I'd left my family at home and gone out to see some of the pre-Mardi Gras krewe celebrations and get a muffalata, and I could tell that I was going to run out of time before I finished talking to this guy.
"Look," I said, "you've got all my details, you've frozen the card. I gotta go home and meet my family and head to the airport. I'll call you back on the after-hours number once I'm through security, all right?"
He was frustrated, but that was his problem. I hung up, got my sandwich, went to the airport, and we checked in. It was total chaos: an Alaska Air 737 Max had just lost its door-plug in mid-air and every Max in every airline's fleet had been grounded, so the check in was crammed with people trying to rebook. We got through to the gate and I sat down to call the CU's after-hours line. The person on the other end told me that she could only handle lost and stolen cards, not fraud, and given that I'd already frozen the card, I should just drop by the branch on Monday to get a new card.
We flew home, and later the next day, I logged into my account and made a list of all the fraudulent transactions and printed them out, and on Monday morning, I drove to the bank to deal with all the paperwork. The folks at the CU were even more pissed than I was. The fraud that run up to more than $8,000, and if Visa refused to take it out of the merchants where the card had been used, my little credit union would have to eat the loss.
I agreed and commiserated. I also pointed out that their outsource, after-hours fraud center bore some blame here: I'd canceled the card on Saturday but most of the fraud had taken place on Sunday. Something had gone wrong.
One cool thing about banking at a tiny credit-union is that you end up talking to people who have actual authority, responsibility and agency. It turned out the the woman who was processing my fraud paperwork was a VP, and she decided to look into it. A few minutes later she came back and told me that the fraud center had no record of having called me on Saturday.
"That was the fraudster," she said.
Oh, shit. I frantically rewound my conversation, trying to figure out if this could possibly be true. I hadn't given him anything apart from some very anodyne info, like what city I live in (which is in my Wikipedia entry), my date of birth (ditto), and the last four digits of my card.
Wait a sec.
He hadn't asked for the last four digits. He'd asked for the last seven digits. At the time, I'd found that very frustrating, but now – "The first nine digits are the same for every card you issue, right?" I asked the VP.
I'd given him my entire card number.
Goddammit.
The thing is, I know a lot about fraud. I'm writing an entire series of novels about this kind of scam:
https://us.macmillan.com/books/9781250865878/thebezzle
And most summers, I go to Defcon, and I always go to the "social engineering" competitions where an audience listens as a hacker in a soundproof booth cold-calls merchants (with the owner's permission) and tries to con whoever answers the phone into giving up important information.
But I'd been conned.
Now look, I knew I could be conned. I'd been conned before, 13 years ago, by a Twitter worm that successfully phished out of my password via DM:
https://locusmag.com/2010/05/cory-doctorow-persistence-pays-parasites/
That scam had required a miracle of timing. It started the day before, when I'd reset my phone to factory defaults and reinstalled all my apps. That same day, I'd published two big online features that a lot of people were talking about. The next morning, we were late getting out of the house, so by the time my wife and I dropped the kid at daycare and went to the coffee shop, it had a long line. Rather than wait in line with me, my wife sat down to read a newspaper, and so I pulled out my phone and found a Twitter DM from a friend asking "is this you?" with a URL.
Assuming this was something to do with those articles I'd published the day before, I clicked the link and got prompted for my Twitter login again. This had been happening all day because I'd done that mobile reinstall the day before and all my stored passwords had been wiped. I entered it but the page timed out. By that time, the coffees were ready. We sat and chatted for a bit, then went our own ways.
I was on my way to the office when I checked my phone again. I had a whole string of DMs from other friends. Each one read "is this you?" and had a URL.
Oh, shit, I'd been phished.
If I hadn't reinstalled my mobile OS the day before. If I hadn't published a pair of big articles the day before. If we hadn't been late getting out the door. If we had been a little more late getting out the door (so that I'd have seen the multiple DMs, which would have tipped me off).
There's a name for this in security circles: "Swiss-cheese security." Imagine multiple slices of Swiss cheese all stacked up, the holes in one slice blocked by the slice below it. All the slices move around and every now and again, a hole opens up that goes all the way through the stack. Zap!
The fraudster who tricked me out of my credit card number had Swiss cheese security on his side. Yes, he spoofed my bank's caller ID, but that wouldn't have been enough to fool me if I hadn't been on vacation, having just used a pair of dodgy ATMs, in a hurry and distracted. If the 737 Max disaster hadn't happened that day and I'd had more time at the gate, I'd have called my bank back. If my bank didn't use a slightly crappy outsource/out-of-hours fraud center that I'd already had sub-par experiences with. If, if, if.
The next Friday night, at 5:30PM, the fraudster called me back, pretending to be the bank's after-hours center. He told me my card had been compromised again. But: I hadn't removed my card from my wallet since I'd had it replaced. Also, it was half an hour after the bank closed for the long weekend, a very fraud-friendly time. And when I told him I'd call him back and asked for the after-hours fraud number, he got very threatening and warned me that because I'd now been notified about the fraud that any losses the bank suffered after I hung up the phone without completing the fraud protocol would be billed to me. I hung up on him. He called me back immediately. I hung up on him again and put my phone into do-not-disturb.
The following Tuesday, I called my bank and spoke to their head of risk-management. I went through everything I'd figured out about the fraudsters, and she told me that credit unions across America were being hit by this scam, by fraudsters who somehow knew CU customers' phone numbers and names, and which CU they banked at. This was key: my phone number is a reasonably well-kept secret. You can get it by spending money with Equifax or another nonconsensual doxing giant, but you can't just google it or get it at any of the free services. The fact that the fraudsters knew where I banked, knew my name, and had my phone number had really caused me to let down my guard.
The risk management person and I talked about how the credit union could mitigate this attack: for example, by better-training the after-hours card-loss staff to be on the alert for calls from people who had been contacted about supposed card fraud. We also went through the confusing phone-menu that had funneled me to the wrong department when I called in, and worked through alternate wording for the menu system that would be clearer (this is the best part about banking with a small CU – you can talk directly to the responsible person and have a productive discussion!). I even convinced her to buy a ticket to next summer's Defcon to attend the social engineering competitions.
There's a leak somewhere in the CU systems' supply chain. Maybe it's Zelle, or the small number of corresponding banks that CUs rely on for SWIFT transaction forwarding. Maybe it's even those after-hours fraud/card-loss centers. But all across the USA, CU customers are getting calls with spoofed caller IDs from fraudsters who know their registered phone numbers and where they bank.
I've been mulling this over for most of a month now, and one thing has really been eating at me: the way that AI is going to make this kind of problem much worse.
Not because AI is going to commit fraud, though.
One of the truest things I know about AI is: "we're nowhere near a place where bots can steal your job, we're certainly at the point where your boss can be suckered into firing you and replacing you with a bot that fails at doing your job":
https://pluralistic.net/2024/01/15/passive-income-brainworms/#four-hour-work-week
I trusted this fraudster specifically because I knew that the outsource, out-of-hours contractors my bank uses have crummy headsets, don't know how to pronounce my bank's name, and have long-ass, tedious, and pointless standardized questionnaires they run through when taking fraud reports. All of this created cover for the fraudster, whose plausibility was enhanced by the rough edges in his pitch - they didn't raise red flags.
As this kind of fraud reporting and fraud contacting is increasingly outsourced to AI, bank customers will be conditioned to dealing with semi-automated systems that make stupid mistakes, force you to repeat yourself, ask you questions they should already know the answers to, and so on. In other words, AI will groom bank customers to be phishing victims.
This is a mistake the finance sector keeps making. 15 years ago, Ben Laurie excoriated the UK banks for their "Verified By Visa" system, which validated credit card transactions by taking users to a third party site and requiring them to re-enter parts of their password there:
https://web.archive.org/web/20090331094020/http://www.links.org/?p=591
This is exactly how a phishing attack works. As Laurie pointed out, this was the banks training their customers to be phished.
I came close to getting phished again today, as it happens. I got back from Berlin on Friday and my suitcase was damaged in transit. I've been dealing with the airline, which means I've really been dealing with their third-party, outsource luggage-damage service. They have a terrible website, their emails are incoherent, and they officiously demand the same information over and over again.
This morning, I got a scam email asking me for more information to complete my damaged luggage claim. It was a terrible email, from a noreply@ email address, and it was vague, officious, and dishearteningly bureaucratic. For just a moment, my finger hovered over the phishing link, and then I looked a little closer.
On any other day, it wouldn't have had a chance. Today – right after I had my luggage wrecked, while I'm still jetlagged, and after days of dealing with my airline's terrible outsource partner – it almost worked.
So much fraud is a Swiss-cheese attack, and while companies can't close all the holes, they can stop creating new ones.
Meanwhile, I'll continue to post about it whenever I get scammed. I find the inner workings of scams to be fascinating, and it's also important to remind people that everyone is vulnerable sometimes, and scammers are willing to try endless variations until an attack lands at just the right place, at just the right time, in just the right way. If you think you can't get scammed, that makes you especially vulnerable:
https://pluralistic.net/2023/02/24/passive-income/#swiss-cheese-security
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