financial institutions news from FierceCIO

ING has expanded around the globe by giving leaders within the company some autonomy in building out their part of the business in the countries where they operate. While that approach has benefited Read more...

Commerzbank, one of Germany's biggest banks, runs more than a thousand applications relevant to its business. To figure out whether the bank's IT complexity is improving or getting worse, CIO Peter Read more...

In the wake of the Epsilon security breach and other recent attacks exposing personal data held by high-profile banks, federal authorities have beefed up the authentication measures financial firms Read more...

Bank of America (NYSE: BAC), Deutsche Bank (NYSE: DB) and the Commonwealth Bank of Australia are planning to pool their buying power and get more out of the major software vendors for less. The three Read more...

In a remarkable twist to a cyber tale, a Texas bank is suing a customer for failing to protect its online account. The dispute involves Hillary Machinery Inc., of Plano, Texas, and Lubbock-based Read more...

The financial services sector is putting up new defenses against cyberattacks with a dress rehearsal of how to deal with a hack attack before it happens. The Financial Services Information Sharing Read more...

Experts have spotted a new spam attack that targets a financial transfer system handling trillions of dollars in transactions annually; it turns out it's yet another case of fake emails. The spam Read more...

These days, it appears that the threats to your data are coming from the inside, as well as from the outside. In a new survey, 70 percent of financial institutions say they have experienced a case of Read more...

A California man was sentenced to 15 months in prison last week after pleading guilty to a major scam involving opening tens of thousands of bogus online brokerage accounts. Michael Largent, 22, of Read more...

Financial services companies are looking for help in protecting themselves from hackers and data thieves, and to get the best protection, they are tapping external security providers. An article from Read more...