4473 Results from /regulation
Retired Member
Every corporate treasurer is undoubtedly faced (on a daily basis) with the following questions: Where in the world is my cash and what currency is it in? Can I mobilize it? Do I invest or borrow? At the end of the day, was I right and how should I protect myself from tomorrow’s risks? Why are these questions on the minds of Treasurers? Because ma...
31 August 2011 /security /regulation Innovation in Financial Services
When thinking of the root causes of the recent financial crisis, clearly the unsustainable path of credit creation stands out as the central problem plaguing the financial sector. Due to the taming of inflation post-1982 and a secular decline of interest rates accelerated by changed aggregate savings processes in emerging economies, the price of c...
30 August 2011 /regulation /retail
Ever wish you could check your counterparty for ID at the door? A Legal Entity Identifier (LEI) could be a lot like that. Each LEI would be part of a worldwide information system for helping capital markets firms track their counterparties and manage their risk, as I mentioned in May. But what goes on the ID? Who can see it? And whom do we trust ...
30 August 2011 /regulation
Robert Siciliano Security Analyst at Safr.me
The most basic advice for protecting your own identity is to protect your Social Security number. The obvious solution is simply never to disclose your number, but this is silly, since, depending on your age, you have probably provided it to hundreds of people, on hundreds of forms. It now sits in hundreds of databases, accessible to thousands, an...
26 August 2011 /security /regulation
Identity theft victims don’t need Jessica Van Vliet, an assistant professor in counseling psychology at the University of Alberta, to tell them that they no longer feel safe when conducting everyday financial transactions, which most of us take for granted. But she did a study highlighting a fact that many of us in the industry have already known:...
According to a recent report by the CIFAS, fraud in the UK is up by 10 percent. Reports like this continue to show evidence that putting more and stronger locks on the door to keep out criminals simply isn’t enough; fraudsters continue to gain access and capitalise on opportunities to defraud (among others) financial institutions and their custome...
22 August 2011 /security /regulation
Roy McPherson
Having not long come back from visiting one of the Greek Islands I declare my hand as a fan of Greece, or at least its Islands. It pains me to see the problems its going through but you can’t help but wonder at the ‘spare the rod, spare the child’ attitude of the EU. In their haste to broaden the club, they rushed through the Greek application w
22 August 2011 /regulation /sibos
Brett King CEO & Founder at Moven
At an event in Indianapolis two weeks ago a banker in the audience ardently challenged me over the transparency of social networks and the subsequent risk of identity theft. There are a lot of identity theft specialists who will warn you of the risks of exposing your identity on social networks and the possibility of compromising your personal inf...
22 August 2011 /security /regulation Online Banking
Cyber scams happen to the young and the old, the rich and the poor. It doesn’t matter how good or bad your credit is, or whether or not you have a credit card. Cybercriminals target everyone, regardless of how much or how little you rely on a computer. The lowest of the lowlifes, however, tend to prey upon the weak and uninformed. And all too often...
20 August 2011 /security /regulation
The Sony Corporation has been providing consumers with stellar electronics since before the introduction of the Walkman. The past six months have been harsher for Sony, with attacks by hacktivists and numerous breaches of clients’ data. Many recent breaches involved usernames, passwords, email addresses, and in some cases, credit card numbers. Each...
17 August 2011 /security /regulation
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