989 Results from 2010
Retired Member
Is fraud in the UK getting better or worse? As we enter 2010, the picture of fraud across the UK is somewhat mixed. On one hand we have figures from The UK Cards Association showing card fraud decreasing 23 per cent to £232.8m in the first half of 2009. The reduction in fraud is largely due to the reduction in Card-Not-Present (CNP) fraud (fraud o...
12 January 2010 /security /regulation Online Banking
Robert Siciliano Security Analyst at Safr.me
The Identity Theft Resource Center® Breach Report recorded 498 breaches, less than the 657 in 2008, more than the 446 in 2007. Are data breaches increasing or decreasing? That is the question no one can answer. This fact will not change until there is a single data breach list requiring mandatory public reporting. With some breaches not being rep...
12 January 2010 /security /regulation
Forrester Research, Inc. in Cambridge, MA is an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology. They released their 2010 data security predictions. Heading into 2010, they are predicting five new data security trends: 1) Enterprises will keep their data security budgets...
Nick Ogden Chairman at Ogden Research
So, it’s January 2010; the hangovers are subsiding and everyone is gearing up for the New Year and the opportunities and challenges it will bring. This time last year in his speech to the CBI Mervyn King talked about consumer confidence and pronounced that there had been ‘a widespread collapse of confidence in banking systems in the industrialised...
11 January 2010 /security /payments Innovation in Financial Services
In the 1998 movie “half baked”, the main characters sell weed to various buyers to get their friend out of jail. Not the most sophisticated movie, if I may say so, but decently funny. While they’re selling, you hear a voice over by the main character Thurgood Jenkins (Dave Chapelle) telling about the type of people you meet. One of them is the “en...
11 January 2010 /payments Innovation in Financial Services
"This was not a failure to collect intelligence, it was a failure to integrate and understand the intelligence that we already had." NYTimes quoting President Obama after his meeting with national security advisers about a terror plot to bring down a commercial jetliner on Christmas Day. (Jan 6th 2010) Going to the movies with friends fr...
11 January 2010 /payments /regulation Data Management 101
A bunch of us recently celebrated a 40th birthday of a friend. The conversation at one point revolved around my ATM scam and how easy it is to con people. A new boyfriend of a friend began to tell everyone how he often cons people to get in bars and clubs. “I NEVER wait in lines” he said, “and I always get VIP treatment”. I hate lines too, but I h...
10 January 2010 /security /regulation
In my early 20’s I bought real estate in a depressed area north of Boston in Lynn Massachusetts. At 20, that’s all I could afford. Lynn was then and is now known as “Lynn Lynn the City of Sin, you don’t go out the way you come in.” Lynn’s a hard city known for drugs and prostitution. It’s also the home of various biker gangs known as “one percent...
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Occasionally I get the impression that enterprises and their organizations are spending too much time on complaining (about regulation, about service charges etc) and not enough time on driving real change themselves. A part of this can of course be explained the ever growing demands on their time by all sorts of administration and growing competi...
09 January 2010 /payments Innovation in Financial Services
Dirk Kinvig Web Services Manager at Finextra
The cold spell this week may have prevented the Web Team from coming to work but that didn't mean that I was going to let them stay at home building snowmen on the company's time! The team have been busy imroving part of the members portal. Finextra Community members enjoy the ability to comment on News Items, Features, Announcements and also Blogs...
08 January 2010 Finextra site news
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