1013 Results from 2011
Robert Siciliano Security Analyst at Safr.me
Passwords are the bane of the security community. We are forced to rely on them, while knowing they’re only as secure as our operating systems, which can be compromised by spyware and malware. There are a number of common techniques used to crack passwords. Dictionary attacks: These rely on software that automatically plugs common words into passwo...
19 March 2011 /security /regulation
Brett King CEO & Founder at Moven
Banking is changing forever. Organizations like Britannica, Blockbuster, Borders, and even Bank of America (hint: don’t start a business with ‘B’) all suffer from the same collective challenge. When your business is built around a specific distribution model, how can you adapt when that distribution model is no longer relevant? The inertia behind ...
18 March 2011 Finance 2.0
Retired Member
The statistics quoted within the Informatica report carried out by the Ponemon Institute present a picture that does not surprise me and rightly emphasises the risks around the use of ‘real’ data. Over the last 15-20 years, the use of such data within the software testing of banking applications has become increasingly prevalent and worryingly reg
18 March 2011 /security /regulation
In case you didn't notice, people have been doing bad things. Normally one can rise above the riff-raff, and 'that Dictator isn't bothering my children', that corporation 'isn't directly affecting me'. Rubbish. Try rising above the Japanese reactors. First: The Japanese company Tepco had a history of falsifying reports on nuclear safety. Second: Ev...
18 March 2011 Whatever...
Why do companies continue to pay by check? In part four of the series “The Top 5 Reasons Why Checks Still Dominate B2B Payments,” I explore the challenges surrounding the perceived need for IT resources. Reason #4 - IT Resources. Every IT department will tell you that they have more projects to do than they have resources and budget to accomplish...
17 March 2011 /payments Payments strategies 2015-2020-2030
In the quest to entice more high-frequency trading firms to an exchange, one could take the approach of Singapore Exchange Ltd. (SGX).The platform may permit traders to buy and sell shares in smaller increments. This would give "electronic trading groups a broader range of potential points on which to compete," according to The Wall Stre
17 March 2011 /regulation
Over the past week, articles reported the latest data on UK Banking Fraud Losses (for example UK banking fraud losses at their lowest for a decade, 09.03.2011, Finextra). It is encouraging to see how the financial services industry has been successfully investing in fraud prevention for online transactions. I would however like to consider the
Internet criminals follow a similar editorial calendar as newspaper and magazine editors, coordinating their attacks around holidays, and the change in seasons. They further capitalize on significant events and natural disasters. Japans earthquake is a biggie. Whenever a natural disaster hits normal people get an urge to help those in distress. Our...
17 March 2011 /security /regulation
Near Field Communications, or NFC, is the exchange of information between two devices via wireless signal. For example, a wireless signal emitting from your cell phone can act as a credit card when making a purchase. This year, over 70 million mobile phones will be manufactured and sold with NFC built in. NFC can be used in other ways beyond credi...
Bob Lyddon Consultant at Lyddon Consulting Services
Stakeholder Management and Communication are two areas where the SEPA programme has been particularly weak. The payment schemes were not developed "by banks in close dialogue with customers" as the EPC claims; one of the main complaints of the other stakeholders is that the EPC developed the schemes in isolation from the users; users wer...
15 March 2011 /payments
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