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A Finextra Member

IBM give up the IT 'security business they can't win'

IBM is the latest cyber firm to raise the white flag on security admitting that it's an arms race they can't win. “The security business has no future,” announced Val Rahamani, general manager of IBM ...

12 Apr 2008
Information Security
A Finextra Member

Phishing scams only work with flawed processes and humans

Humans are flawed, they fall for con tricks. We have to accept that and have a system which expects people to occasionally have poor judgement. Mastercard's system is an example of a flawed process. ...

11 Apr 2008
Whatever...
A Finextra Member

Is UK ID infrastructure or 87 billion pound slush fest?

I am the first to agree that ID is essential infrastructure for business, government and citizens. I do not agree that it should cost £87 billion to provide it. I did a few back of the envelope calcul...

11 Apr 2008
Whatever...
A Finextra Member

The top ten spam botnets

Some interesting numbers The top botnets are capable between them of sending over 100 billion spams per day Less than a million hosts are responsible for the majority of spam Given anywhere from 10%...

10 Apr 2008
A Finextra Member

Microsoft admits defeat in the security stakes asks for help

"At this year’s RSA, Microsoft will not announce a new company strategy. Rather, we will use this opportunity to ask all who care about online safety to join in a robust and meaningful discussion...

08 Apr 2008
Information Security
A Finextra Member

Police Minister Crying Wolf or Under-informed ABA Chief?

What's going on here then? Police Minister Urges Consumers To Look Out For Credit Card Fraud “There are potentially thousands of customers across all the major banks whose details have potentially end...

08 Apr 2008
Whatever...
Paul Penrose

HSBC loses credibility as well as data

Given the regulatory and reputational risk associated with the loss of personal customer data it beggars belief that a top tier bank can still think it's OK to despatch an unecrypted computer disc con...

08 Apr 2008
A Finextra Member

Huge botnet advances on humanity wielding deadly SPAM

An already large botnet appears to be growing at an alarming rate - having expanded by 100,000 machines in the last month. Kraken - the malware that infects the victims' PCs - is similar to the Storm...

07 Apr 2008
A Finextra Member

More's Law and the FBI IC3 Internet Crime Report 2007

More's Law ... more or less. More(profit.per.fraud) x More(potential.for.fraud.data.breaches) x More(people.trying.to.commit.fraud) = More fraud Add some economic hardship into the equation somewhere...

06 Apr 2008
Whatever...
Sriram Natarajan

Moved up the digital tolerance graph!

The FBI (National White Collar Crime Center - Internet Crime Complaint Center) released their latest 'Internet Crime Report' for 2007. See http://www.ic3.gov/media/annualreport/2007_IC3Report.pdf The ...

05 Apr 2008
A Finextra Member

Online banking? Better check your anti-virus software now

The Register have flagged up that the UK banking industry's code has re-affirmed a policy that makes online banking users responsible for losses if their anti-virus or anti-phishing protection is out ...

04 Apr 2008
A Finextra Member

Nine eleven of the banking privacy and ethics?

Our daily life could be very interesting, picturesque and even dramatic. Never dull. There are plethora of institutions and its employees making our existence easier with regulations, anti acts, direc...

04 Apr 2008

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