Latest Financial services and banking security News

Banks, mortgage companies, insurance companies and other financial services organisations are often the target of organised crime. The bank and financial services security section in SecurityPark describes how banks and financial services companies can protect their staff, clients and property from physical and electronic security risks (including bank robberies, extortion, kidnapping, embezzlement, ecrime, phishing, hacking). Access control, biometrics, CCTV, electronic surveillance, security guards, safes and many IT security solutions are available to protecting people and property and provide security for banks, insurance companies and other financial services organisations.

Accessing emails and corporate data on the go can led to serious data breeches through shoulder surfing
posted on 09/02/2010

When working on laptops in public places, users are generally unaware of the activity going on in their surroundings, making them vulnerable to curious bystanders, opportunistic criminals or even practiced experts peering over their shoulder to read or record on-screen information. Being the victim of shoulder surfing can make laptop users feel uncomfortable and can impede work productivity if it means shutting down and closing the laptop as a re... [more]

Third parties introduce many deficiencies exploited by attackers
posted on 08/02/2010

According to Trustwave's 2010 Global Security Report, the most notable trend of 2009 was the continued existence of attack vectors despite the security industry’s awareness of the associated vulnerabilities for a decade or more. Organizations large and small were found to be moving forward with plans to implement new technology, while leaving basic security threats overlooked in legacy environments and IT systems. The report analyzes data gath... [more]

Imperva helps enterprises reduce the risk of insider abuse and data theft
posted on 05/02/2010

Rogue insiders can be the source of major data theft. For example: • Ford Motor Company’s intellectual property was stolen with the intent of giving it to a Ford rival in China. • A Coca Cola formula was stolen by several employees who tried to sell it to Pepsi. • DuPont experienced a $400M theft in valuable research from a single employee trying to gather documents before joining a competitor. Imperva has announced a major update to its ... [more]

Criminals caught red handed in Richmond by Viseum's intelligent moving camera
posted on 04/02/2010

One of the latest authorities to realise the power of Viseum’s IMC (intelligent moving camera) is the London Borough of Richmond upon Thames, who report the Viseum IMC was an almost instant success in clearing up trouble in a reported crime hot-spot. In Richmond, the borough’s first Viseum IMC captured high quality evidence from over 150m away, of criminals preparing themselves for a ‘day’s work’ by putting on the tools of their trade – the g... [more]

Microsoft shares its SDL tools and expertise with the developer community
posted on 02/02/2010

According to Microsoft Security Intelligence Report, in the last six months of 2009, 81% of reported vulnerabilities were in application software products. Increasingly crime-motivated cyber threats and the competitive marketplace means that application developers are being challenged to engineer more secure products. Developers want to do the right thing but have been put off by difficulties in acquiring specialist security expertise and assumpt... [more]

 

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