Bank and financial services security - breaking news 
Fired employees would take with them password list, R&D plans and customer database
Despite a sharp rise in data breaches and increased media awareness on the subject, the third annual Cyber-Ark survey reveals that 35 percent of IT workers now admit to accessing corporate information without authorisation, while 74 percent of respondents stated that they could circumvent the controls currently in place to prevent access to internal information.
Twelve months after the Cyber-Ark “Trust, Security & Passwords” survey discovered that 33 percent of IT staff used their IT administration rights to snoop around networks to access privileged, corporate information such as HR records, redundancy lists, customer databases and M&A plans, a repeat of the survey has discovered that the situation has escalated.
One of the most revealing aspects of the survey was found in the types and quantity of information employees would take with them if they were fired. As the economic climate has worsened, the survey found a sharp increase in the number of respondents who say they wo... [ more ]
Unisys partners with Prevx to help banks reduce the risks they face from cyber crime
According to the Banking Code, banks are liable for any funds lost by a customer through cyber crime unless they can prove that the victim did not take ‘reasonable’ care to protect their personal details. Banks previously have been forced to offer mainstream security products to their customers at discounted prices - which can be costly, time consuming and legally contentious.
Unisys has announced a strategic software and services agreement with Prevx to help organisations reduce the risks they face from cyber crime. Unisys is partnering with Prevx in the UK to sell the Prevx 3.0 Banking and Finance and Prevx 3.0 Enterprise technologies to commercial, banking and public sector organisations. Prevx is included in the recently published Gartner Magic Quadrant for Endpoint Protection Platforms and Unisys will be the first solutions provider in the banking and finance sector to promote and deliver these powerful solutions to address the growing concerns of Internet banking fraud.
Pre... [ more ]
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