• Title/Summary/Keyword: Financial Accidents

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The Safety Equipment for Small-Size Vessel (소형 선박용 안전장치)

  • Park, Chun-Kwan
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.17 no.2
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    • pp.69-74
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    • 2017
  • These days as there are a growing vessel volume in the costal area, the marine accidents has being increased. IMO recommend that all vessels have to be equipped with the safety equipments mandatorily for the safety navigation. Almost medium and large size vessels are equipped with the safety navigational equipments, But many small size vessels are not equipped with those ones because of its owner's financial hardship or indifference. So for the safety of small size vessels in the coastal area, the marine accidents such as stranding, sinking, collision, and so on, have to be protected in advance or the occurred accidents has to be treated quickly. In this paper, the safety equipment for small size vessels having these functions has been developed. This equipment can guarantee the safety of small size vessels in defenseless state considerably by displaying these states in seamen's Smart phone or the cheap dedicated terminal and also informing the control center and nearby other vessels of these states.

A Study on Authentication Process in Smartphone Electronic Financial Services (스마트폰 전자금융서비스에서의 인증과정에 관한 연구(앱카드를 중심으로))

  • Kim, Hanwoo;Lee, Keun Young;Lim, Jong In;Kwon, Hun Yeong
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.28 no.3
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    • pp.579-590
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    • 2018
  • In May 2014, AppCard(Which is a smartphone application designed to register and use a credit card in a mobile phone by credit card company.) was attacked by smshing and a vulnerability which could not obtainable phone number. After that, credit card companies have supplemented and operated by introducing additional authentication methods to supplement the vulnerability. However, The analysis of the authentication environments, purposes and methods is not enough to lower the level of vulnerability and risk from existing accidents. This study analyzes the authentication process of the AppCard in the electronic financial service by applying the NIST's authentication guidelines, identifies the problems and suggests improvement directions. The method analyzed in this study can be applied to the analysis of the authentication method in addition to the application card, so that it will be highly utilized.

Determinants of Green Practices in the Petrochemical Sector: An Empirical Study

  • Pun, Kit-Fai;Stanley M.J. Lau
    • International Journal of Quality Innovation
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    • v.4 no.1
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    • pp.175-190
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    • 2003
  • This paper discusses the determinants of green practices and incorporates some empirical findings from a recent study in the petrochemical sector in the Republic of Trinidad and Tobago. The study was comprised of a survey and follow-up interviews with senior executives who participated in the survey. Of fourteen companies involved, the findings affirmed that the investigation of accidents, provision of an emergency response, employee training, decreasing the production of wastes, and pre-treating wastes before disposal should be stressed. Government requirement, the economic reasons and public pressures were the driving forces of green practices. The five most important determinants identified include performance evaluation, financial justification, impacts on company, management leadership and operations integration. Implementing environmental management systems as a feasible approach to green practices in the petrochemical sector was explored. The findings provide guidance that helps organisations to accommodate the determinants of green practices into achieving sustainable environmental goals.

A Study on the Effect of Safety Education to Prevent the Disasters and Accidents in Construction Field (건설현장에서 산업안전교육이 재해 및 사고방지에 미치는 효과 연구)

  • Woo, Heung-Sik;Ryu, Boo-Hyung;Jo, Jae-Hwan
    • Journal of the Korean Society of Safety
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    • v.24 no.3
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    • pp.32-38
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    • 2009
  • Construction companies economic to lighten the restrictions on safety education and training due to the domestic recession as long as the global downturn. With this, the Korean government lightened that restrictions, but the incidents are being sharply increased nowadays. The construction industry is more hazardous than any others, so, they insist to reinforce the training for incidents prevention, but it is prone to be disregarded at the subcontractors of the bigger construction companies due to their financial problems. According to these matters, this study hereby surveyed regarding their suggestions for the improvements of the training concepts through questionnaires below.

Analysis and Improvement Plan of Government Support Project for Reducing Disaster in Small Construction Site. (소규모 건설현장의 재해저감을 위한 정부지원 사업 분석 및 개선요구사항 도출)

  • Baek, Nak-Ku;Lee, Mi-Hyeon;Lim, Houng-Chul
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.116-117
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    • 2018
  • The government and the Korea Occupational safety & Health Agency have continuously carried out safety activities such as supervision, inspection, technical guidance and financial support in order to reduce safety accidents at the construction site. However, the number of disasters at construction sites is increasing every year. So analyze the results of the supervision and inspection of the Ministry of Employment and Labor, the projects related to the small-scale construction work of the Safety and Health Corporation, and the technical guidance project of the disaster prevention technology guidance organization. It is also necessary to establish an improvement plan for the disaster reduction of the small-scale construction work site for this project.

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The Role of Middle Managers for Preventing Workers Injury (작업자의 상해방지를 위한 중간관리자의 역할)

  • 이병근;이상도
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.13 no.21
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    • pp.127-132
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    • 1990
  • Industrial accidents and the resulting worker injuries have adverse effect on industry. From a financial perspective, these effects are realized in large sums of money, perhaps 1.5 billions of wons which are spent last year. In the past. industry in general was not aware of the high costs incurred through injuries to workers. However, this trend has changed in recent years. This paper shows that middle managers have a critical job with respect to safety in workers. The safer middle managers have better resulting than unsafe ones. This is because the workers are more efficient and productive when acting safely. Consequently, this study was primarily an attempt to identify the relationship among middle manager behavior, job site policies, and interpersonal relationships on the job as the affect work safety and performance. More specifically this study focused on the investigation of the research questions by testing the hypotheses.

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A study on the train passage control at railroad bridge under heavy rainfall (철도교량 홍수시 열차운전규제기준에 대한 연구)

  • Park, Young-Kon;Lee, Jin-Wook;Yoon, Hee-Taek;Mok, Jai-Kyun;Kim, Seon-Jong
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.1001-1006
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    • 2004
  • Railroad disasters are frequently occurred by man-made causes or natural causes. In general, man-made causes are illegal construction practices, deterioration with the lapse of time and railroad crossing accidents, and natural causes are rainfall. snow, wind, earthquake, etc. Of cause, railroad disasters by man-made causes are prevented from keeping the safety principle, constructing multi-level crossing, securing enough men of ability and financial resources and making a thorough check using equipments with high capacity. And railroad disasters by natural causes are also minimized by construction of disaster prevention facilities, introduction and operation of general disaster prevention system and reasonable train passage control. Therefore, to setup the criterion of train passage control for train safety at railroad bridge under heavy rainfall, risky factors, national and oversea criteria under such circumstances are reviewed and a scheme to setup the criterion is suggested.

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Basic research, according to the inspection of crane equipment (크레인 설비의 검사에 따른 기초연구)

  • An, Tae-Keon;Shim, Kyu-Hyung;Rie, Dong-Ho
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.169-175
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    • 2012
  • Self-Inspection is being used in the workplace hazardous, dangerous machinery and equipment to build capacity for the voluntary safety risks due to use of machinery and prevention of industrial accidents that inspect facilities for safety issues, is to check. However, December 31, 2008 as part of Article 36 of the Occupational Safety and Health Act (safety inspection), the financial vanish as the self-test, Safety inspection program has been changed., In each individual workplace that creates its own standards and regulations to use the existing inspection system is in some cases. This study is located in the southeast industrial complex as a risk reducer manufacturer, machine-based target zones in S Corp owns most of the crane based on the results of the tests is to analyze the problem. Then check the results - to bring its measures and information you need to know for sure is to propose.

A Study on the Fraud Detection for Electronic Prepayment using Machine Learning (머신러닝을 이용한 선불전자지급수단의 이상금융거래 탐지 연구)

  • Choi, Byung-Ho;Cho, Nam-Wook
    • The Journal of Society for e-Business Studies
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    • v.27 no.2
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    • pp.65-77
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    • 2022
  • Due to the recent development in electronic financial services, transactions of electronic prepayment are rapidly growing, leading to growing fraud attempts. This paper proposes a methodology that can effectively detect fraud transactions in electronic prepayment by machine learning algorithms, including support vector machines, decision trees, and artificial neural networks. Actual transaction data of electronic prepayment services were collected and preprocessed to extract the most relevant variables from raw data. Two different approaches were explored in the paper. One is a transaction-based approach, and the other is a user ID-based approach. For the transaction-based approach, the first model is primarily based on raw data features, while the second model uses extra features in addition to the first model. The user ID-based approach also used feature engineering to extract and transform the most relevant features. Overall, the user ID-based approach showed a better performance than the transaction-based approach, where the artificial neural networks showed the best performance. The proposed method could be used to reduce the damage caused by financial accidents by detecting and blocking fraud attempts.

An Analysis of Insurance Crimes: The Case of Blackmail in Automobile Accidents (보험사기범죄에 대한 분석 고의 교통사고 유도 - 합의금 요구 사건을 중심으로)

  • Yang, Chae-Yeol
    • The Korean Journal of Financial Management
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    • v.23 no.1
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    • pp.227-242
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    • 2006
  • This paper analyzes insurance crimes using a game theoretic model. In blackmailing cases involving automobile accidents, insurance criminals deliberately induce innocent drivers(victims) to commit a moving violation such as crossing over the center dividing yellow line, and collide with the victims. After the collision, the criminals and the victims effectively engage in a bargaining game over the amount of the settlement for the damage. Because the penalty for that kind of moving violation is very severe (even criminally prosecuted), the victims do not have much bargaining power. Exploiting the weak bargaining power of the victims, the criminals demand and receive huge compensation (including settlement) from the victims. In the model, it is shown that under the current law agents have perverse incentives leading to insurance crimes. The criminals have incentive to induce car collisions and extract huge settlement from the victims. Based on the analysis, it is suggested that lowering the severity of penalty for certain kind of violation may be needed to prevent insurance crimes, in addition to increasing the crime investigation activities and strengthening punishment for insurance criminals.

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