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Category: news | Posted by Avatar Staff 322 days ago
Via: http://www.infoworld.com | Tags: poor security blame socit gnrale fraud comments Discuss  
Inadequate IT security allowed a trader at French bank Société Générale to make a series of unauthorized transactions that ultimately cost the bank €4.9 billion ($7.2 billion), an internal investigation has found. read more »
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Category: news | Posted by Avatar Staff 202 days ago
Via: http://go.theregister.com | Tags: fsa fines stockbrokers poor data security comments Discuss  
Multiple failures put customers at riskA firm of stockbrokers has been fined for failing to adequately protect its customers from the risk of identity fraud. The Financial Services Authority (FSA) said its mistakes included failing to manage the risks introduced by staff using instant messaging and web-based email.… read more »
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Category: news | Posted by Avatar Staff 148 days ago
Via: http://go.theregister.com | Tags: how poor crypto housekeeping left openid open abuse comments Discuss  
Internet bouncer snooze leads to 'small earthquake'Slipshod cryptographic housekeeping left some OpenID services far less secure than they ought to be.… read more »
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