Security threats Toolkit

Story: HSBC's bankrupt security thinking

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Forked tongued Hsbc support Fraud on one hand and speak against it on the other.

Recently I read where in an India centre a guy detected major flaws in Hsbc systems. Instead of checking it out Immediately, they did not bother for two months. Reason: managers wanted the credit, the guy eventually left in disgust.

This is Hsbc, they speak of world-class service and top management indulge in cheap tactics. These managers even falsely took action against him hoping to blackmail him into revealing, when he did not and stood his ground they very quickly accepted his resignation against all norms fearing their illegal actions would get out.

They could have saved hundreds of millions of pounds as the story says.

Hsbc top guys are busy massaging thier egos with that stiff upper lip and a supercilious smile, a legacy of the British.

Why do they need authentication, so blame hackers for their internal mess-ups.

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