Information Security

SunGard Identifies Ten Trends in Securities Finance

September 7, 2011 - Jane Milner, head of strategy for securities finance and collateral management in SunGard's capital markets business, said, "The securities finance industry continues to transform in the midst of a slow economic recovery and impending new regulations.

GAO: FDIC Has Made Progress, but Further Actions Are Needed to Protect Financial Data

August 12, 2011 - The Federal Deposit Insurance Corporation (FDIC) has a demanding responsibility enforcing banking laws, regulating financial institutions, and protecting depositors. Because of the importance of FDIC's work, effective information security controls are essential to ensure that the corporation's systems and information are adequately protected from inadvertent misuse, fraudulent use, or improper disclosure.

Information Security

Two thirds of banks believe cyber-crime is uncontrollable

August 11, 2011 - A clear majority of banks believe they will never be capable of eradicating cyber-crime, with fraud monitoring and detection tools at the top of their shopping lists as they strive to keep the crooks at bay.

Information Security

Americans trust Visa over Apple for m-payments

August 10, 2011 - Technology firms looking to take a slice of the mobile payments pie, such as Apple and Google, still have a long way to go before Americans trust them as much as more traditional players like Visa, according to a survey from Ogilvy & Mather.

Information Security

Visa cites m-payments as it pushes US to EMV

August 9, 2011 - Visa has signalled its determination to push the United States into abandoning mag-stripe cards in favour of EMV chip technology; a move it says will not only improve security but accelerate the adoption of contactless mobile payments.

Information Security

Japanese Citi card customers hit by data theft

August 8, 2011 - Crooks have stolen and sold the personal information of over 90,000 Japanese Citi credit card holders.The account numbers, names, addresses and dates of birth of 92,408 people was stolen although PINs and security codes were not taken.

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