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financial institutions

Latest Headlines

Latest Headlines

ING's 'replicated' approach to global IT

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

How one German bank measures IT complexity

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

New authentication guidance for banks from FFIEC

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

Microsoft tool now scans for the Zeus Trojan

Microsoft ( NASDAQ: MSFT ) has finally decided to help root out the Zeus malware by scanning for this notorious Trojan via its free Microsoft Software Removal Tool (MSRT). Zeus is a well-known bot that

Banks team up to demand more from software vendors

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

Bank sues cybertheft victim

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

Financial sector plans cybersecurity drills

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

Spam targets financial transfers

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

70 percent of financial institutions attacked by insiders

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

Calif. e-trading scammer gets jail and an Internet ban

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