Keith Saxton Global Director Financial Markets at IBM
IBM Viewpoint on Systemic Risk: Transparency Key to Global Financial Reform Shaping global financial reform has been a dominant theme in the lead up to the G20 summit. Calls for “strong oversight,” as well as “rigorous transparency and accountability” of the financial sector have been deemed essential to avoid a repeat of the turmoil. The iss...
02 April 2009 /regulation /wholesale
Keith Appleyard IT Consultant at available for hire
The Chartered Management Institute, in association with the Civil Contingencies Secretariat of the Cabinet Office, has just released the Business Continuity Management Report 2009 (the 10th annual report in the series) appropriately titled “A Decade of Living Dangerously” Selected Highlights : The survey was sent to a random sample of 15,000 CMI ...
02 April 2009 /security /regulation Whatever...
Robert Siciliano Security Analyst at Safr.me
With the world watching Conficker has reached out but has not delivered any new malware. Computer World reports “We have observed that Conficker is reaching out, but so far none of the servers they are trying to reach are serving any new malware or any new commands,” said Toralv Dirro, a security strategist at McAfee Avert Labs, in Germany. The se...
01 April 2009 /security /regulation
Paul Penrose Head of Research at Finextra
The man who wrote the software that became the industry-standard method for securitising mortgages tells all, in this mesmerising account of a 15-year career on Wall Street that runs from the go-go 80s through to the high-living excesses of the noughties.
01 April 2009 /regulation /wholesale
Credit card details of 19,000 Brits have been found on a cached Google page, where they had been accidentally published by fraudsters. Silly criminal hackers need to tighten up their data security controls and not publish sensitive data like that! Reuters reports - Fraud on the Internet reported to U.S. authorities increased by 33 percent last y
31 March 2009 /security /regulation
John Cant Managing Director at MPI Europe Ltd
Whether it is certain bonuses in financial sector, or league tables and performance stars in the public sector, there have been numerous recent illustrations of the harm that poorly set business targets can cause. It seems deceptively easy in theory to use targets and rewards to drive desired behaviour. Take the mine detecting bees for example. No...
31 March 2009 /regulation /wholesale Trends in Financial Services
60 minutes reports on everything we have discussed in these posts. Main stream media has recognized the Internet has a cancerous virus and is infected. Criminal hackers are creating viruses infecting webpages in record numbers all in the name of money. Security professionals are losing sleep as they race against the bad guys in anticipation of th
30 March 2009 /security /regulation
Retired Member
The corporate culture of growth at any cost during the past decade has exposed fundamental flaws in the way banks conducted their business and in particular how they managed it. As such, the financial crisis has highlighted the need for dramatic changes and a move towards an enterprise-wide approach to risk management. While banks may have had p...
30 March 2009 /regulation /retail
Security professionals’ globally are gearing up to be fooled or fool criminal hackers on April 1st. So far this year it is estimated that somewhere between 3 and 12 million computers have been compromised by the “Conficker” worm, also known as “Downup,” “Downadup” and “Kido,” possibly considered the largest known global botnet. Microsoft and other...
26 March 2009 /security /regulation
In a week filled with data breach news, it's refreshing to see Visa's chief risk officer call for collaboration to stop fraud, and I applaud, however, there's something very important missing. Collaborating to share critical information and insights about fraud among "all players in the payment system", as well as government organizations...
25 March 2009 /security /regulation Information Security
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