4373 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
“A prized Vincent van Gogh still life was stolen from a Cairo museum leading to a massive art hunt, conflicting reports about the details of the crime, and plenty of finger-pointing. Five people, meanwhile, have been arrested for “negligence” in relation to the embarrassing theft, which seems to have been carried out in the absence of rudimentary...
05 October 2010 /security /regulation
Retired Member
Ask yourself a question: do you know where your personal information is held and do you know how secure it is? When you deposit your savings into a bank account or leave your house keys with a trusted neighbour you do so with the conviction that your money is safe and your keys will be put somewhere secure and out of the way. We all seem accepting...
05 October 2010 /security /regulation Online Banking
One of the most common yet underreported causes of data breaches is users’ failure to properly log out of public PCs. Is your work computer accessible to others, perhaps after business hours? How about your home computer? Does its use extend beyond your immediate family, to your kids’ friends or babysitters, for example? Do you ever log in to a hot...
02 October 2010 /security /regulation
Keith Appleyard IT Consultant at available for hire
[I'm surprised I haven't seen anything elsewhere on Finextra on the ACS:Law fiasco] BT has admitted it sent the personal details of more than 500 customers as an unsecured document to legal firm ACS:Law, following a court order. The unsecured Excel documents were sent in late August by a lawyer working for British Telecom, to Andrew Crossley who ru...
30 September 2010 /security /regulation Whatever...
Angus Stewart CEO at www.e-solutions.uk.com
Insider fraud – a crime committed by members of staff – is now one of the biggest security threats posed to businesses in the UK. I estimate the cost to UK financial institutions is astronomical. Mortgage lenders and building societies lost more than £500 million in 2009 to this growing menance – and all the signs are this figure will rise in 201
29 September 2010 /security /regulation
Recently my attention was drawn to the comments made by a leading think-tank that claimed a “confusing hotchpotch” of reporting obligations is hindering UK companies in their fight against fraud. The Fraud Advisory Panel (FAP) is urging the government and UK plc to develop a more consistent approach to combating corporate fraud, which costs Britis
27 September 2010 /security /regulation
This story is about a victim of criminal identity theft. The victim is a trucker who discovered that his identity had been stolen when his commercial driver’s license was suspended because the thief who stole his identity had been busted for drinking and driving on four different occasions. Imagine. The consequences of identity theft are often so ...
I’ve said it before, use upper and lower case, use number and letter combinations and when possible, if the website allows it, use special characters. It has been documented that “Adding just one capital letter and one asterisk would change the processing time for an 8 character password from 2.4 days to 2.1 centuries.” It is great advice to stren...
22 September 2010 /security /regulation
September is National Campus Safety Awareness Month. I helped Uni-Ball conduct a survey of 1,000 college students and 1,000 parents. The survey revealed that while about 74% of parents believe students are at a moderate to high risk for identity theft, and 30% of all identity theft victims are between 18 and 29, only 21% of students are concerned ...
21 September 2010 /security /regulation
Despite uncertainty around Basel III – specifically whether banks will have enough capital, and issues regarding their risk and exposure, the legislation doesn’t seem to be as onerous for banks as once thought. And what’s more, it actually has the potential to increase M&A activity in the financial sector. The recent stress tests, conducted to...
20 September 2010 /regulation /sibos Innovation in Financial Services
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