4421 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
Child identity theft is a growing problem. The Federal Trade Commission estimates that there are 500,000 new victims every year. The culprits are often parents or others who have direct access to the child’s Social Security number. (In my own experience, I’ve had to give out my children’s Social Security numbers to hospitals, insurers, and schools...
24 August 2010 /security /regulation
I was 17 once. I hung around with good kids, not so good kids and very bad kids. Teens heavily influence one another in ways that can have a direct impact on their futures. When you are young and new to the world, you are seeking out how things are supposed to be. Your gauge is guided by what your parents have become, but kids don’t often think th...
Sticking your cash in a mattress has never been a good idea. That’s why we have banks. Banks have safes, insurance, and other systems in place to ensure that multiple layers of security protect your money. In the past decade, however, as much as 80% of all banking has taken place online, compared to the hundreds of years of traditional banking. Cle...
Cameron Diaz has replaced Jessica Biel as the most dangerous celebrity to search for on the Web, according to security company McAfee, Inc. (NYSE: MFE). For the fourth year in a row, McAfee researched popular culture’s most famous people to reveal the riskiest celebrity athletes, musicians, politicians, comedians and Hollywood stars on the Web. T
20 August 2010 /security /regulation
Retired Member
Thanks to Ian Wigman for this gem from WIRED magazine. A man in Switzerland was recently fined a record $290,000 for driving 85 mph in a 50 mph limit. (It was less before he pleaded his case!) The reason being in 2002 the Swiss replaced prison sentences for some offenses, with fines based on income. The driver in question has a reputed income o...
20 August 2010 /regulation /sibos Financial Risk Management
“Contactless,” in this context, refers to the use of a wireless device. A payment is contactless when, instead of inserting your credit or debit card, you hold your card or keychain device within a few inches of the terminal, and your payment information is sent and processed wirelessly. Contactless payments offer a faster and more convenient alte...
19 August 2010 /security /regulation
Did you know that according to a recent report from Javelin there’s a one in ten chance that money will be fraudulently withdrawn from your bank account? Face it. That means you have a good chance of being next. It’s not just about the bank’s reputation, but also yours. So what can you do about it? Talk to your bank and find out what preventative ...
17 August 2010 /security /regulation
I make a portion of my living speaking professionally. That means I get on a platform and present in front of an audience on issues revolving around personal security and identity theft. So when I got this email, I was so happy to see I was being invited to England to speak to the esteemed Middlesex University in England. I had to shorten the dialo...
According to McKinsey: many cost-reduction programs are "illusory, short lived, and at times damaging to long-term value creation". Their research concludes that only 10% of cost reduction programs show sustained results three years later. Yes, you read that right: 90% of cost reduction programs fail. Read this blog to find the full Mc...
14 August 2010 /regulation /retail Banking Architecture
Xavier Bellouard Co-founder at Quartet FS
New regulation continues to be a top priority for banks with the regulators both here and in the US placing increasing scrutiny on bank’s risk management policies in an effort to avoid another financial crisis. A recent article in the FT highlights how the US regulators are clamping down even further, making banks perform tougher "stress test...
13 August 2010 /regulation
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