Stories about: Financial Institutions

If your data center processing load doubled this year, could you handle the growth?

Looking to expand its line of identity management products, Hitachi has bought a majority ownership interest in M-Tech Information Technology, a vendor of password management software.

Call it IBM's Math-To-The-Rescue Program. Big Blue this week said its researchers had created specialized algorithms to help model and manage natural disasters such as wildfires, floods and diseases.

Network Applicance (NetApp) yesterday announced that the deduplication adoption rate among its customers has tripled since November 2007, reaching more than 3,500 systems and 100 petabytes (PB) of raw storage capacity.

A storage start-up called Fusion-io that claims it can deliver speeds 1,000 times faster than a single disk drive is making its first product generally available on April 7 and has secured US$19 million in venture capital.

To ensure that the government is aware "instantaneously" of problems in the financial markets, the US Treasury Department wants the financial services industry to supply regulators with real-time data on what's happening with banks, insurance companies and similar institutions. Such a change would require both new technologies and remarkable spending.

Companies are relying too much on technology to run their businesses, a trend that doesn't account for unpredictable situations that humans still deal with better than machines, a technology expert said at the Black Hat conference in Amsterdam this week.

One of Australia's largest ethical fund managers, Hunter Hall Investment Management Limited, has extended its contract with Bravura Solutions for a further three years.

The Australasian Consumer Fraud Taskforce kicked off its Fraud Fortnight initiative this week, amid initial findings that Australians have dished out more than $700 million falling for online scams.

Adobe has made available the first full release of its Adobe Integrated Runtime (AIR), and revealed early adopter customers who are building both business and consumer applications using the technology.

Spoofers, spammers and phishers, beware. There's a new gun in town, and some of the Internet's most powerful companies -- including Yahoo, Google, PayPal and AOL -- are brandishing it in the ongoing battle against e-mail fraud.