A global survey has revealed that 39 per cent of financial institutions experienced at least one security breach within the past year. Of the institutions surveyed globally, 47 per cent have maintained or increased IT security staffing in the past...
With no patch from Microsoft, that leaves Internet Explorer users vulnerable. There are auction sites, price comparison sites, and financial institutions. Security researchers warned web surfers on Thursday to be on their guard after uncovering...
And shouldn't our morally ambivalent society and the creators of vulnerable systems share the blame? These factors combine with the fact we have created systems that are extraordinarily vulnerable. In natural situations, we know the more uniform...
IDC's Financial Insights tracking report predicts that the twin pressures of increased profits and more efficiency savings are having a significant impact on IT buying decisions as the banks switch from a fixed to variable cost model.
The harder we make it for criminals to access accounts, the harder we make it for the public. Customers are no longer sure whether emails from financial institutions are genuine," he said. Leading high-street bank HSBC has admitted it is deluged by...
He added that bank staff are not trained to take reports in the same way as the police, so vital evidence might be missed, making it harder for fraudsters to be tracked down. Online retailers are especially vulnerable, as banks are not liable for...
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