Robert Siciliano Security Analyst at Safr.me
Now, a new form of vigilante justice is occurring: scammers are illegally scamming, blackmailing and extorting other scammers. Who doesn’t love vigilante justice? Some readers may remember Charles Bronson, an American actor who starred in the popular series Death Wish. Bronson played Paul Kersey, a man whose wife is murdered and whose daughter ra
13 April 2009 /security /regulation
The security community has bombarded the media with fascinating claims of gloom and doom. (I’m guilty of it, too.) The hype hasn’t entirely met the hyperbole. There have been no major catastrophic issues. The power hasn’t gone out, and data breaches haven’t occurred in the 3-15 million PCs that have been compromised by Conficker. But that doesn’t
10 April 2009 /security /regulation
Conficker has updated to what is believed to be keylogging software. Conficker's botnet, which includes anywhere from 3 to 15 million PCs, has a peer to peer (P2P) feature that allows each PC on the network to talk to one another. Each PC has the ability to become the command server. This characteristic allows Conficker to fluidly update each PC
09 April 2009 /security /regulation
Retired Member
A new threat is emerging - and it is one with a modest risk of occurrence but a potentially dramatic impact. That impact may not disrupt an entire business or an entire building. It may, however, disable a mission critical business process. This new threat is a consequence of the changes in economic outlook facing most businesses. In recent months,...
08 April 2009 /regulation
News reaches me that banks and other financial institutions are now hiring seasoned bankers, on the grounds that these experienced resources will have the necessary gravitas and industry knowledge to run the banks of tomorrow in the way that they should probably have always been run. And this surely is a good thing. Good to see the greybeards bein...
07 April 2009 /regulation Finexpo
But we should act as it is and put systems in place to prepare. The boy did not cry wolf. Cyber crime profits are running into the trillions Weekly, and often daily, I remind readers of how potentially screwed they are once they boot up their PCs and access the Internet. Identity theft is a real problem that messes up people’s lives. When someone’...
07 April 2009 /security /regulation
AFP has published this year's report on Payment Frauds last week. As always, year after year more corporates have indicated they were victims of payment frauds. From Banker's point of view, this highlights the need to strengthen the service offerings addressing the open risks foreseen by corporates in this domain, parallely to strengthen the opera...
06 April 2009 /payments /regulation Innovation in Financial Services
Keith Appleyard IT Consultant at available for hire
The other week I was participating in a Computer Weekly / British Telecom workshop regarding Collaboration Technology. I made the point that as well as using Technology to enable Collaboration we need to encourage people to take precautions not to freely share commercially sensitive or personal data. I advised the other participants that most if no...
03 April 2009 /security /regulation Whatever...
German authorities have ended their search for a female serial killer after discovering that DNA thought to be from 40 crime scenes actually came from a woman who packed the cotton swabs used to gather evidence. The German police collected DNA from the scenes of crimes ranging from break-ins to murder. The samples were stored on a DNA database and ...
According to the BBC - and who doesn't follow Peston these days ..... On behalf of the G20, Prime Minister Gordon Brown announced the following steps: Bankers' pay and bonuses will be subject to stricter controls A new Financial Stability Board will be set up to work with the IMF to ensure co-operation across borders and provide an early warning m...
02 April 2009 /regulation /wholesale Trends in Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.