1135 Results from 2009
Robert Siciliano Security Analyst at Safr.me
Mischievous hack attacks on Twitter are increasing and it seems there is no end in sight. While twitters developers are working to make it more secure, the open nature of the application fuels mischievous and even criminal hacking. Twitter is microblogging. In 140 characters or less you tell your followers what you are doing or point them toward
06 March 2009 /security /regulation
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
I saw this last night and thought it was brilliant. Watch for the "Bear Sterns will NOT go under..." and "Lehman Brothers is NOT Bear Stearns..." comments. A sad comment on the state of financial journalism. It ends with a wonderfull interview with Sir Alan Stanford at the end. "What does it feel like to be a billionare?&q...
06 March 2009
Paul Penrose Head of Research at Finextra
"Serious Fraud Office questioning Archers' Matt Crawford over possible fraud in Ambridge" That's the headline from a real piece of PR sent out by the real Serious Fraud Office about a probe into the activities of a well-known but fictional British businessman. For those of you not steeped in this quintessentially English institution, the ...
06 March 2009 /retail /wholesale Whatever...
John Cant Managing Director at MPI Europe Ltd
There have been calls this month from the European Union for the creation of a pan-European regulatory body to help solve the current financial crisis and prevent future issues. This is a deceptively easy thing to call for in the current climate, but it neither makes it easy to implement, nor indeed is there much evidence that it would be any more...
06 March 2009 /regulation /wholesale Trends in Financial Services
Retired Member
Data breaches are becoming all too common -- so common and so large in scale that we are rapidly becoming desensitized to the news. But the effect of a data breach has the potential to crush companies. From the direct financial loss, to protecting consumers whose information has been compromised, to dealing with civil legal issues and penalties an...
05 March 2009 /security /regulation Information Security
Do you watch House, the US medical drama series? In it, the team, ably led by the wonderfully acerbic Hugh Laurie as the eponymous head doctor in the Department of Diagnostic Medicine, solve puzzling medical cases through a range of medical tests, brainstorms and lateral thinking. We need an equivalent person, and department, to help us get out o...
05 March 2009 /regulation /retail Trends in Financial Services
Preparing for my latest overseas business trip, my online banking readers and tokens have been proudly promoted to the final mandatory check for travel along with... passport? ticket? cash? credit card? I'm gathering quite a collection of them now, and given the amount of airmiles they're undertaking I'm considering giving them their own loyalty c...
05 March 2009
An article in the Evening Standard the other evening on the way home said that bankers in the City would sue their firms if they were denied their bonuses. A gentle reminder of the definition of a bonus, (in case the pound signs have clouded logical thinking) is: “an extra payment in addition to wages; something extra”. Fundamentally that money i...
05 March 2009 Whatever...
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
I thought it is a reflection of the weird times we live in that debt collectors are going even after debts of dead people. This story in the NYT makes a compelling read - http://www.nytimes.com/2009/03/04/business/04dead.html?pagewanted=1&_r=2&hp Looks like our economies haven't touched the bottom yet! There is still layers to reveal. Coll...
In the US we are approaching tax time. Scammers are ramped up and looking for your money. Learn these tips and watch your back. Protect and prevent Identity Theft. 1. Text messaging scams or Phexting Like phishing but texting); Criminal hackers have access to technology that generates cell phone numbers and access to mass text messaging services.
05 March 2009 /security /payments
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