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4231 Results from /regulation

Nick Collin

Nick Collin Director at Collin Consulting Ltd

At last! A coherent account of the financial crisis.

Andrew Haldane's paper "Rethinking the Financial Network" really is an excellent piece and the first convincing explanation of the current financial crisis that I've come across. Highly recommended. In a nutshell, Haldane's argument is simply that the complexity of the global financial industry has increased to such an extent that, like ...

/regulation

David Divitt

David Divitt Senior Fraud Product Manager at VocaLink

Time to open up about fraud

Robert Wardle, former director of the Serious Fraud Office, has been in the press recently calling for businesses to cooperate and report fraud; I believe this is most definitely the way the industry needs to move. Opening up this knowledge to the public allows three things to happen: public scrutiny, public pressure and cross-corporation sharin

/security /regulation

Keith Appleyard

Keith Appleyard IT Consultant at available for hire

Influenza pandemic - 53 percent of organisations have no BCP

It's only been 4 weeks since I wrote that 2 out of 3 UK Companies did not have a proven Business Continuity Plan https://www.finextra.com/blogs/fullblog.aspx?blogid=2737 but no apologies for resurrecting it again so quickly, since it also reported that 53% of organisations have no plans to help them cope during an influenza pandemic. So before thin...

/regulation Whatever...

Stanley Epstein

Stanley Epstein Associate at Citadel Advantage Group

Getting back to basics

Although the world's financial system is still in dire straits, together with the economies that have been dragged down with them, there seems to be an element of optimism in the air. Perhaps it is the coming of spring that seems to engender new feelings of rebirth and of hope. What is disturbing however is the notion that the worst is behind us a...

/regulation Innovation in Financial Services

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Social media and the road to hate

I was on CNN this week and CNN also featured Perez Hilton, who was hired by Donald Trump, to judge a beauty contest and Hilton made hateful remarks about Miss Californias beliefs. Perez is a hateful sardonic celebrity critic, and his actions are parallel to others who rant and hate, spew racist comments and even kill. CNN invited me to discuss t

/security /regulation

Steven Husk

Steven Husk CEO at FRSGlobal

Five steps for a new approach to risk management

There has been a lot of discussion – and differing opinions - around how risk management must change in light of the financial crisis. But to find the path to recovery, there is perhaps some consensus emerging about what steps risk managers must now take. And with tight deadlines to conquer – such as the FSA’s October deadline for liquidity risk –...

/regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Identity is a simple idea that has become a complex problem

Identity has become complex due to fraud. Fraud, motivated by money, easy credit, and the ease of account takeover. Because identity has yet to be effectively established, anyone can be you. “Identity has yet to be established” is a bold statement that really requires an entire blog post. I’ll explain briefly here and in detail another time. For

/security /regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

US Government Hacking Like Criminals

The US National Security Agency is probably the most sophisticated group of security hackers in the world. Many will argue this point. The fact is, without NSA, US STRATCOM, which directs the operation and defense of the military’s Global Information Grid, and US CERT, attacks on our critical infrastructures would be successful. We’d be living in

/security /regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Scamming the scammers

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

/security /regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Hackers breach electric grid, Conficker sells out for 49.95

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

/security /regulation

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