Bank and financial services Security News 
TwoSecure Enterprise provides additional identity verification for online banking
Fronde Anywhere has unveiled TwoSecure(tm) Enterprise Edition, which provides additional identity verification for online banking log-in and transactions. The TwoSecure product line provides an easy to use application that generates one time passwords (OTPs) via an application that is stored on the mobile phone. TwoSecure is particularly suited...
Implementing an effective security strategy
In the last ten years, the risks for enterprise security have grown steadily and new types of attacks have appeared. These are often combinations of viruses, Trojans or other malware from a wide range of anonymous sources. At the same time, enterprise networks are growing ever more complex. A large number of servers are dedicated to a variety of ta...
Carefully crafted security attacks confirm the development of a malicious economy
F-Secure's Data Security Wrap-up for the first six months of 2007 looks at the top security threats witnessed by the anti-virus provider from January to June of this year. During this period, the F-Secure Lab saw a steady flow of reports on a vast variety of data security threats. The underlying trend to note was the spread of malicious activ...
TDSi launches PalmGarde access control reader with palm vein recognition technology
Unlike fingerprints, which change during childhood, the palm vein pattern is established in the womb and is constant throughout a person’s life. Palm vein recognition technology was developed by Fujitsu to help combat the increasing incidence of financial fraud and forgery, plaguing many financial institutions in Japan, at a cost to the economy of ...
GFI PCI Suite helps meet the requirements of the Payment Card Industry Data Security Standards
Credit card fraud was the most common form of identity theft at 25% of all reported occurrences in 2006, with more than USD 48 billion lost by financial institutions and businesses in that year and USD 5 billion lost by individuals. E-commerce fraud is also on the rise, reaching $3 billion in 2006 with an increment of 7% over 2005. In order to ...
Speaking Digipass card reader for blind and visually impaired Internet users
VASCO Data Security International, Inc. has announced that it has strengthened its Digipass product line with Digipass 840 Comfort Voice (CV). This "speaking" Digipass card reader is especially designed for blind and visually impaired Internet users. A person with reduced eyesight will now be able to have the same high level of Digipass sec...
SunGard protects Kingston Asset Finance from unplanned disruptions
SunGard Availability Services has announced that Kingston Asset Finance Limited (KAF) has selected SunGard to help ensure it can continue operations in the wake of unplanned disruptions, whether man-made or natural. Part of the Close Brothers group, KAF arranges financing on commercial vehicles and plant equipment for small and medium businesses...
Hackers steal $450,000 from Carson City
Hackers have broken into the Carson City general fund bank account in California and stolen $450,000. Investigators believe the hackers obtained the Carson City account log-in details after successfully uploading spyware to a city-owned computer. Apparently, the Treasurer was monitored by a keylogger, which allowed the hackers to steal the bank...
Half of all employees begin their new jobs using competitive information taken from their old jobs
New research from Check Point® Software Technologies Ltd. shows that almost half of people would take useful information and data with them to their next job. It is unlikely that anyone would stop them as three quarters of companies, based on the recent survey, have no security in place to prevent information going out the door. Eighty five pe...
Sony launches four analogue mini-domes and two IP mini-domes
Sony has announced the expansion of its range of monitoring cameras with the introduction of four new analogue mini-dome cameras. The SSC-CD45P, SSC-CD49P, SSC-CD75P and SSC77P analogue cameras have been designed to capture clear, detailed images in a wide range of environments and different lighting conditions. Each of the new cameras ...
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