4371 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
Over the past 15 years, the increasingly rapid evolution of technology has resulted in new computers or mobile phones becoming outdated in a matter of one or two years. Chances are, you’ve gone through no less than ten digital devices in the past decade, if not more. It has become standard practice to upgrade to a newer device and often sell, dona...
14 March 2012 /security /regulation
Gary Wright Analyst at BISS Research
One of the major problems in the stabilisation of securities markets is to find a recognised and standard mechanism to rate the quality of collateral. Clearing Houses have their own methods of assessing the quality of the collateral pledged by financial services firms but this has to be more transparent. With global markets intertwined it is imper...
09 March 2012 /regulation Post-Trade Forum
Today the chances that a Clearing House will default in the future have never been more likely. Political pressure and regulatory resolve is creating a risk concentrator within the clearing houses so that it’s not if a Clearing House goes bust but when. The introduction of OTC derivatives into clearing will be the trigger to a thermal time bomb in ...
07 March 2012 /regulation Post-Trade Forum
“Carders” are the people who buy, sell, and trade stolen credit card data online. This carding forum videoprovides an example of an online forum where stolen credit cards are bought and sold. Hackers rely on a variety of techniques to obtain credit card data. One such data theft technique is wardriving, in which criminals hack into wireless networ...
07 March 2012 /security /regulation
Retired Member
About one out of seven UAE bank customers will recommend their bank to friends and family, reveals a Souqalmal.com survey. “Behavioral intelligence solutions assist banks in pro-actively approaching their clients, allowing to optimize product characteristics and explore up- and cross- sell possibilities. As a result, banks’ customers will be using ...
06 March 2012 /regulation Financial Risk Management
The release of RIM's Blackberry Playbook OS 2.0 last week fired a warning shot to Apple that the enterprise tablet war is wide open. Ironically, having dominated the smartphone market in the enterprise space, RIM is now defending the territory it once pioneered. Following last year's well publicised global blackout, RIM also has to work even harder...
01 March 2012 /regulation
Dear Bank IT Manager, You might wonder why I have disappeared for a month and a half. Well, it has been a hectic period with a lot of projects commencing at the same time. When are banks going to move away from the projects that strictly follow the calendar year? Why do all engagements need to start on a 1st January and finish on a 31st of Decembe...
01 March 2012 /regulation Banking Architecture
2012’s RSA Conference kicks off February 27th. Executive Chairman, RSA, Security Division of EMC Arthur Coviello, Jr. will present a program focused on the fact that in the past 18 months, organizations throughout the world have been under attack by nation-states, “hacktivists,” and cyber criminals. PBS NewsHour Senior Correspondent Jeffrey Brown ...
28 February 2012 /security /regulation
Middle class population in Africa has tripled since 1972 and has now reached 34% of the content’s population (data by “The Middle of the Pyramid: Dynamics of the Middle Class in Africa” report by African Development Bank). In response to this trend, financial services companies are expanding and increasing in complexity. Growth means changes. Chan...
22 February 2012 /security /regulation Financial Risk Management
Insurance is intended to have your back in the event that something goes wrong, but some individuals have found loopholes in the system, effectively turning insurance companies into their own personal banks. These scammers have long been known to engage in “slip and falls,” claiming “whiplash,” and engaging in elaborate scams that can take years t...
21 February 2012 /security /regulation
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