4475 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
Our culture deemphasizes individual responsibility. In my mind, life begins when you begin taking responsibility for everything in your life. Personal security is fundamentally your own responsibility and, while you may not be responsible for a crime happening to you, you are the one in the best position to prevent it. In the last decade, as much ...
13 March 2011 /security /regulation
Cases of stolen tax returns have surged over the past five years, leaving many identity theft victims struggling to recoup their lost refunds. Approximately 155 million tax forms are filed annually. This provides identity thieves with an opportunity to come out of the woodwork and steal from Americans who are just trying to pay their taxes correctl...
10 March 2011 /security /regulation
What do you do when you are picked up in a cab and the driver suspects your home will be vacant while you are gone? The Manchester Evening News reports “A BUNGLING burglar went to the same ATM more than 50 times – to try and guess the PIN numbers of bank cards he had stolen. He thought he might strike it lucky if he kept on putting in random sets o...
08 March 2011 /security /regulation
Retired Member
Impossible to open a financial magazine or a blog without coming across an article related to “compliance”. It seems that the regulators have been particularly prolific these past few months. Up to a point that with Basel II for example, bank executives are responsible for the implementation of a secure BCP plan. However, can we explain this bunch...
07 March 2011 /regulation
With the dust settling on Reg. E, the regulation that requires U.S. banks and credit unions to get their customers to opt-in for overdraft protection, it looks like banks’ revenue will not fall all that much because a surprisingly high number of customers, particularly habitual offenders, said they needed the facility. Seems that everyone went awa...
07 March 2011 /regulation /sibos Innovation in Financial Services
In July of 2007 on a hot summer night a serial killer was arrested after he broke into a 15-year-old girl’s room in Chelmsford Massachusetts in the middle of the night and tried to rape her. The girl’s father heard her scream and held the masked and gloved Lane in a headlock until police arrived, authorities said. At the victims’ home, the killer...
07 March 2011 /security /regulation
Cloning occurs when hackers scan the airwaves to obtain SIM card information, electronic serial numbers and mobile identification numbers, and then using that data on other phones. Cloning can happen anywhere, anytime that you’re using your phone. The bad guy simply uses an interceptor, hardware, and software to make a phone exactly like yours. A f...
05 March 2011 /security /regulation
Did you know there is a setting on LinkedIn where they will email your entire contact list in your behalf to let everyone know about a new position you have taken with a company? I didnt. Until I got all kinds of “Congratulations” in my inbox. Apparently there is a new setting that by default is left “On” which in fact tells all your contacts that...
04 March 2011 /security /regulation
It is easier than ever to guess or predict an individual’s Social Security number, which puts us all at a greater risk for identity theft. Researchers at Carnegie Mellon University have developed a reliable method for predicting Social Security numbers, using information from social networking sites, data brokers, voter registration lists, online ...
02 March 2011 /security /regulation
Our everyday activities are being monitored, today, right now, either by self-imposed technology or the ever-present Big Brother. Traditionally, documenting our existence went like this: You’re born, and you get a medical and a birth record. These documents follow you throughout your life, filed and viewed by many. You must present these records in...
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