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Banks Claim TJX Breach Twice As Bad
Blog A group of banks have alleged that TJX may have lost 96 million credit card details, over twice the 46 million admitted by TJX. An article in the Boston Globe says the group of banks is sueing TJX over the alleged costs of the breach.
[October 25, 2007, 12:08]
Banks Urged To Wise Up On Spyware
Talkback If banks are so worried about spyware etc why do they not use the bootable CD with Linux OS to connect directly to their website. That way if a PC is infected with a virus of spyware it doesn't matter as all the programs run from the CD.
[July 26, 2005, 17:58]
Banks Warned Over Data Hoard On 'crime Server'
News A web-security firm said on Tuesday it had tipped off international banks and police after finding a huge trove of stolen business and personal data amassed on a server in the space of just three weeks.
[May 7, 2008, 8:40]
Banks Blamed For Hobbling UK E-commerce Growth
News Banks are holding back UK e-commerce, with many startups having problems getting online transactions processed, a government report has found. The e-commerce@its.best.uk report, published Monday by the government's Performance and Innovation Unit...
[September 16, 1999, 8:40]
Banks Seeking To Gag Crypto Research
News At risk is the right of a Cambridge research student to include previously published cryptographic research in his PhD thesis, the extent to which banks and other big companies can use the law to keep vulnerabilities in their systems secret (even...
[February 21, 2003, 16:34]
News Burst: Banks Holding Back UK E-commerce
News The e-commerce@its.best.uk report published Monday by government think-tank the Performance and Innovation Unit recommends an inquiry into the banks' role in online transactions. Full story to follow.
[September 15, 1999, 10:10]
Banks 'must Raise Their Game On Security'
News Banks must improve security practices or risk losing their customers, IT services company EDS has said. When asked what banks should do to improve security, 83 percent said they should obtain permission before releasing customer information to...
[September 21, 2005, 9:45]
Banks 'must Try Harder' On ID Theft
News It led to a police investigation and left a series of banks - including Lloyds TSB, Barclays, Woolwich, and HSBC - with a PR nightmare on their hands. Close to 60 percent of US consumers sampled in January 2005 expressed that they were worried...
[July 5, 2005, 11:40]
A Year Ago: Banks' Net Moves Will Hurt Poorest, Says Analyst
News Banks' efforts to encourage use of the Internet instead of the high street to manage their accounts are likely to hurt poorer people, according to one financial analyst. Banks want people to do things as cheaply as possible.
[August 10, 2000, 7:03]
Banks Put Online Banking On Hold
News Many UK banks are putting a "freeze on technology" through 1999 in order to concentrate on the problem of the millennium bug. This week has seen Virgin Direct and Guardian Direct announcing online financial services and most of the high street...
[February 19, 1999, 11:46]
Banks Not Cashing In On E-payments
News But trends show high street banks will miss out on the e-payment opportunity, as businesses go to specialist suppliers. If this trend continues the conventional banks will fail to cash in on this burgeoning trend.
[June 20, 2002, 14:31]
Banks Dismissive Of 'phishing' Losses
News The debate over the threat posed by email online banking scams or "phishing attacks" is heating up, with security experts accusing banks of ignoring danger signs. According to the Anti-Phishing Working Group, the number of phishing attacks carried...
[March 11, 2004, 8:15]
Banks Held Back By Legacy Systems
News Banks all over Europe are becoming increasingly hamstrung by their own legacy systems, allowing new players an easy entry into the market because existing ones can't react quickly enough. Banks cannot now respond quickly enough to competition from...
[June 7, 2007, 9:36]
Banks Nearing Agreement On Web Security
News High Street banks are set to agree on a physical security device for all UK online customers to use. Identity theft emails, known as phishing attacks, cost banks £12m last year, according to the Association of Payment and Clearing Systems (APACS).
[April 14, 2005, 16:05]
Banks Must Move Fast To Embrace MBanking
News Research firm IDC believes that because of the complexity in setting up and running an mBanking system, banks must get up to speed now. There will be at least 270 million mobile phone users in Europe by 2003 -- potentially a massive market -- but...
[June 6, 2001, 8:20]
Banks Still Top Targets For Phishing Scams
News The Anti-Phishing Working Group (APWG), a consortium of businesses and law enforcement officials, said on Thursday that 85 percent of all reported phishing attacks during the month of December directly focused on banks and similar companies.
[January 21, 2005, 8:30]
Banks And The Role Of Lending Relationships: Evidence From The U.S. Experience
White Papers One characteristic which may distinguish banks from other financial institutions is the role of relationships between the bank and its borrowers. These firm-lender relationships can help resolve market failures and thus provide a role for banks.
[September 18, 2003, 0:00]
U.S. Banks' Exposure To Foreign Financial Losses
White Papers In the early 1980s, several large U.S.banks verged on insolvency because of losses from their international lending exposure in emerging-market countries. More recently, episodes of financial instability abroad have raised the question of how...
[July 7, 2005, 0:00]
Banks Invest Millions In M-banking
News Forget what you might have heard about WAP being dead: banks in Western Europe still see mobile commerce and mobile banking as the future, and are investing millions to make sure they are on the cutting edge.
[October 25, 2000, 7:22]
Banks Must Pay Up For Security
Leader Thanks to home PCs, the Web and broadband, banks have been given the chance to revolutionise their business model. Rather than employ an army of well turned-out staff in branch offices across the land, banks now encourage their customers to visit...
[March 9, 2005, 14:00]
