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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...
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 ...
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 ...
PwC research shows more than a quarter of UK companies do not have a disaster recovery plan and half of these have not been tested. 92% of companies surveyed believe that disaster recovery is "a...
Not so fast... " Including and distinguishing prior art in the patent application, which will be noted in a patent if and when a patent ultimately issues, entitles the patent holder to this trem...
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...
Bank of America have done well to emulate their customer's actions automatically. I've been only transfering the amount I wish to pay into my special travel and 'internet only' Visa Debit corporate a...
Things aren't getting any better. Metaphorically though: "A patient in pain, facing death, will pay more for the cure than they would have before they believed they had the disease" - Dr Pro...
Research just out from Tabb estimating that banks will spend $70 million on automating OTC derivatives processing this year is welcome, yet it’s still a fraction of what really needs to be spent. Eve...
You have to feel for poor old E*Trade. In a seemingly desperate cost-cutting exercise, the beleaguered discount brokerage has had to sell off its corporate jets. Apparently the private planes enabled...
Last week’s letter from the Operations Management Group to Timothy Geithner, President of the Federal Reserve Bank of New York, was both thought provoking and inspiring – so how did it manage to slip ...
The news that the Deutsche Börse is moving Clearstream into a proposed new European consortium of clearing and settlement could be the trigger that reignites the possibility of a merger/take over betw...