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financial institutions news from FierceCIO

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Citi hires Lippert away from Royal Bank of Canada

In a game of musical chairs among financial institutions, Citi has hired Marty Lippert away from Royal Bank of Canada as its new CIO and corporate operations and technology COO. He replaces Marvin Read more...

Phishers get nabbed

Thirty-eight people in the U.S. and Romania have been charged in two federal indictments, alleging they used a complicated Internet phishing scheme to steal thousands of credit and debit card Read more...

Congress backtracking on Internet gambling

Some members of Congress, backed by financial institutions, are trying to enact legislation that would stop the Treasury Department from adopting regulations to enforce a federal ban on Internet Read more...

ATM machines cry out for security

ATM machines may be a new target for hackers. A report by the managed security firm, Network Box, outlined several threats to these commonplace banking tools. They include IP worms, disruption of the Read more...

PCI Data Security Standard gets more oversight

Fourteen merchant organizations, including retailers like Wal-Mart and U.K.-based Tesco and large financial institutions such as Bank of America and JPMorgan Chase, were elected last week to the Read more...

Financial services going mobile in a big way

Today's mobile computing devices can do just about everything and that includes financial transactions, as users want to be able to talk, email, surf the Web, listen to music and watch video on Read more...

Terrorist cyber attack aimed at financial community

The dawn of December brings with it a dire security warning to financial institutions that terrorists are aiming to crash stock trading and banking sites using cyber attacks. According to the Read more...

Online transactions demand range of security tools

Financial institutions that depend on good customer satisfaction with online transactions have their work cut out for them. Scammer and hackers are always trying to stay one step ahead of new Read more...

Banks shore up security

As consumer concerns increase thanks to online banking security breaches and incidents, financial institutions are stepping up security measures in a quest to rebuild customer loyalty and, of Read more...

Phishers take new VoIP route

The Voice over Internet Protocol infrastructure used by financial institutions is now officially the target of malcontents. Wrongdoers are now using a phishing scheme based on Internet telephony Read more...