Friday | 8 August, 2008
Computerworld

Stories about: Financial Institutions

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    Eleven charged in massive ID theft scheme 06/08/2008 09:26:12

    Eleven people have been charged or indicted in a massive identity theft and computer fraud scheme involving some of the largest data breaches in recent U.S. history, the U.S. Department of Justice announced Tuesday.
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    Biggest security threats are from inside: survey 18/07/2008 09:56:47

    The 1979 film "When a Stranger Calls" portrayed the terror-filled night of a young woman fielding prank and increasingly threatening calls that climaxed when the police determined "the calls are coming from inside the house." Today IT security executives experience a similar chill down their spine when they realize the biggest threat they face comes from internal security attacks and data breaches.
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    DBA who stole consumer data gets 57 months in prison 17/07/2008 08:35:47

    A former database administrator at Certegy Check Services who admitted last year that he stole the personal data of about 8.5 million consumers and sold the information to data brokers has been sentenced to 57 months in prison by a federal judge.
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    The dangers of cloud computing 08/07/2008 10:35:45

    The idea of cloud computing -- designed around an architecture whose natural state is a shared pool outside the enterprise -- has gained momentum in recent months as a way to reduce cost and improve IT flexibility. But the use of cloud computing also carries with it security risks, including perils related to compliance, availability, and data integrity.
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    Link seen between fraudulent ATM transactions, bank breach 20/06/2008 10:09:33

    A flurry of fraudulent ATM transactions in recent days in countries such as Russia, Ukraine, Turkey and the Czech Republic may be tied to a server intrusion at 1st Source Bank in the US.
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    Reader Voices: Autorenewal defenses 16/06/2008 10:41:09

    How can we protect ourselves from online services that employ hidden autorenewal clauses to keep charging us? Readers responded to my recent story about how credit card companies like American Express handle disputed autorenewal charges with some ideas on what we can do about it.
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    Wall Street becoming Linux stronghold 13/06/2008 09:00:50

    Wall Street firms increasingly are buying into Linux, but some still need convincing that open source licensing and support models won't make using the technology more trouble than its worth.
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    Using the open-source model for IT development 29/05/2008 11:43:06

    Following the open source model for collaborative software development can cut costs while providing a basis to create other innovative networks to develop technology specific to your company. While few have tried to develop industry-specific or vertically oriented open-source solutions up to now, it could become the future of software development.
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    'Tukwila' Itanium servers due early next year, Intel said 21/05/2008 08:14:27

    Intel will start shipping a quad-core version of its Itanium processor to system vendors in about six months, with the first servers based on the chip due in early 2009, Intel said Monday.
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    38 in US, Romania charged in phishing schemes 20/05/2008 08:21:59

    Thirty-eight people in the US and Romania have been charged in two indictments alleging they used complicated Internet phishing schemes to steal thousands of credit and debit card numbers, US and Romanian authorities announced Monday.
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    Non-tech criminals can now rent-a-botnet 15/05/2008 10:37:56

    Online fraudsters that aren't highly skilled in the arts of cyber crime can now rent a service that offers an all-in-one hosting server with a built-in Zeus trojan administration panel and infecting tools, allowing them to create their own botnet, according to EMC's security division.
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Prioritizing Services with IT Service Management (ITSM)

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