Stories about: TowerGroup

Given Citigroup's stated plans, a massive headcount reduction announced is sure to include a fair share of IT jobs.

In another sign of a tight economy, even those that have the money are getting creative with their IT resources in order to find a little financial wiggle room.

French banking group Societe Generale (SocGen) has reported a £3.6 billion (AU$8.2 billion) loss due to the fraudulent actions of a rogue trader who used his "in-depth knowledge" of the bank's fraud control systems to circumvent internal checks.

Research and consulting firm TowerGroup predicts 2007 will be the year malicious code developed for identity fraud will target mobile banking via smartphones, PDAs and any other devices capable of running a connected Internet browser.

Wireless LANs have grown in the workplace -- in size, number of installations and technology maturity -- to the point that many IT managers now expect to expand the uses of their networks in a new round of investments within the next year or two.

At investment management firm Bridgewater Associates, access to real-time data is measured in market ticks. Data feeds containing quote and trade activity are expected to stream in at 124,000 messages per second this year, so even subsecond delays in the arrival of data can affect trading decisions and put the U.S.-based organization at a disadvantage.

For some bank IT managers, the release of U.S. federal guidelines for validating the identities of online users helped catalyze ongoing efforts to adopt so-called strong authentication measures.

BlackBerry maker Research in Motion has lost its latest move in the long-running patent infringement case brought by NPT, according to published reports.

Qualcomm's planned acquisition of mobile broadband vendor Flarion Techologies sets up a powerful competitor to the emerging mobile WiMax technology and its deep-pocketed proponents, such as Intel.

A year and a half ago, Nasdaq Stock Market was facing increased competitive pressure from centralized trading platforms, which offer indexing firms a closing stock price at the end of the trading day that is representative of the Buy and Sell orders that have taken place.

Customers of the PayTrust online bill pay service are now customers of Intuit, publisher of the popular Quicken, Quickbooks, and TurboTax personal and small-business finance software packages.