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.

Fired employees would take with them password list, R&D plans and customer database
posted on 03/07/2009

Despite a sharp rise in data breaches and increased media awareness on the subject, the third annual Cyber-Ark survey reveals that 35 percent of IT workers now admit to accessing corporate information without authorisation, while 74 percent of respondents stated that they could circumvent the controls currently in place to prevent access to internal information. Twelve months after the Cyber-Ark “Trust, Security & Passwords” survey discovered... [more]

Unisys partners with Prevx to help banks reduce the risks they face from cyber crime
posted on 02/07/2009

According to the Banking Code, banks are liable for any funds lost by a customer through cyber crime unless they can prove that the victim did not take ‘reasonable’ care to protect their personal details. Banks previously have been forced to offer mainstream security products to their customers at discounted prices - which can be costly, time consuming and legally contentious. Unisys has announced a strategic software and services agreement wi... [more]

Clavister launches Security Gateway 4300 Series with UTM and built in VPN connectivity
posted on 01/07/2009

Clavister has announced the launch of the Clavister Security Gateway (SG)4300 Series, a high performance UTM security solution capable of handling a large number of connections with super fast throughput. Based on the same technology found in all Clavister products, the Clavister Security Gateway 4300 Series has been designed to maximize high performance of plaintext and encrypted traffic. The Clavister SG4300 Series is a set of ready-to-use, ... [more]

Kaspersky Internet Security Special Edition for Ultra-Portables provides protection from all types of Cybercrime
posted on 01/07/2009

Ultra-portable laptops, designed primarily to provide access to the Internet and simple office applications, are gaining in popularity because they are compact, lightweight, easy to use, energy efficient and relatively cheap. However, ultra-portables tend to be less powerful, which means resource-intensive IT security solutions cannot be launched on them. Kaspersky Lab has addressed this with the launch of Kaspersky Internet Security Special Edit... [more]

IT Security professionals suffer from password fatigue
posted on 25/06/2009

According to a survey released by CREDANT Technologies, IT Security professionals admit that they are suffering from password fatigue when it comes to using their mobile devices, which leaves their data exposed to personal and corporate identity theft if these devices were to fall into the wrong hands. Thirty five percent revealed they just don’t get around to using a password on their business phones and smartphones, even though they know th... [more]

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