4444 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
I finally got one of those “I’m stuck in London” emails. My friend Kate’s Gmail account was hacked, and everyone on her contact list received an email from a hacker posing as Kate: “Hi, Apologies, but I made a quick trip, to London,United Kingdom and got mugged, my bag, stolen from me with my passport and credit cards in it. The embassy is willing ...
14 July 2011 /security /regulation
Once criminal hackers get a person’s username and email address, they can begin to launch a targeted spear phish scam. Scammers copy the design of each breached entities outgoing email campaign and blast the breached list with “account update” or other ruses. Gaming site Sega Pass was hacked. On the Sega Pass website it states, “we had identified t...
Angus Stewart CEO at www.e-solutions.uk.com
Will the fallout from the News of the World scandal hit the banks next? It seems that not a day goes by without more revelations of hacking and data theft relating to the News of the World and its sister publications. The latest is that the Sun obtained information that Gordon Brown’s son has Cystic Fibrosis. With the newspaper having this informa...
13 July 2011 /security /regulation
Martin Bailey
Just supposing your bank was perceived to have done something unpopular with the general public and a Twitter campaign began against your institution. When would you know? When an automatic system detects it and automatically escalates it to the right person for attention? When an employee sees the traffic and lets you know? Or when it appears on ...
11 July 2011 /regulation Finance 2.0
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
You be hard pressed to attend any financial services-themed event this year with hearing a range of presentation explaining, warning, commenting on the end of ‘light touch’ regulation. You can argue all you want about the so-called politically motivated move to ease access to credit and mortgages to people who may not have been best placed to han
08 July 2011 /regulation /wholesale
Retired Member
The recent spate of high profile data losses aptly demonstrates the many ways in which data can go astray and reinforces the need to have every potential leakage point protected. Whether it is Wikileak-style insider activity, cyber-attacks from external hackers or careless unintentional loss of discs containing sensitive information, organisations...
07 July 2011 /security /regulation
The coming couple of years are going to be an interesting time for participants in the commodity markets as a “perfect storm” of regulation will hit them, above and beyond most of the other asset classes. In the US Dodd-Frank contains some significant requirements and in Europe a waterfall of regulation – EMIR, MAD, CRD, REMIT, MiFID2 and the Tra...
05 July 2011 /regulation /wholesale
Do information security standards expose organizations to shared vulnerabilities? Why do data breaches occur with such frequency? Recent European Commission announcement on reporting of data security breaches is definitely not the first attempt to enforce security compliance it is more of an assurance to general public in the wake of recent data b...
02 July 2011 /security /regulation
According to a recent report from Verizon, data breaches are on the rise. There were 760 data breaches recorded in 2010, compared to 140 breaches in 2009. However, there were approximately four million records stolen in 2010, as opposed to 144 million stolen in 2009. This means there were fewer large-scale data breaches compromised of multimillion...
So why on earth should I be rambling on about commodities on a FinTech web site? Well I believe that commodity market are a core asset class now for our leading banks and will become increasingly so over the coming years: Morgan Stanley recently put up a list of its competitive strengths at a banking conference, commodities was at the top of the...
01 July 2011 /regulation /wholesale
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