As cyber attacks detonate, banks gird for battle
It's a war game, Wall Street style.
Internet
Jul 16, 2013
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News tagged with banking system
Military grooms new officers for war in cyberspace
The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation's military and civilian computer networks that control everything from electrical ...
Internet
Apr 26, 2013
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Cyberattack deprives millions of Dutch of online ID
More than 10 million Dutch citizens were unable to use their official online signature to pay bills and taxes because of a cyberattack, officials said Wednesday. The national DigiD system "is no longer accessible since Tuesday ...
Internet
Apr 24, 2013
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TLS security protocol for online banking, Facebook has 'serious weaknesses,' researchers say
The protocol that provides security for online banking, credit card data and Facebook has major weaknesses, according to researchers at Royal Holloway University.
Computer Sciences
Feb 3, 2013
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Researcher predicts errors in IT systems
Imagine if we never had any more computer problems. No more rail travel chaos caused by signal failures, no more accidents, internet banking that is always secure and medical equipment that always works as it should. It would ...
Computer Sciences
Jan 31, 2013
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HSBC to pay $1.9B to settle money-laundering case
(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe.
Internet
Dec 11, 2012
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In financial ecosystems, big banks trample economic habitats and spread fiscal disease
(Phys.org)—Like the impact of an elephant herd grazing on grassland, multinational banks shape the financial environment to an extent that far outweighs their small number. And like a contagious person on a transnational ...
Economics & Business
Nov 14, 2012
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Economists find kinship networks play key role to access credit
In times of financial hardship, or when opportunities arise, the ability to borrow can be critical. Some people rely on commercial lenders, while others depend on relatives, especially in developing countries. But a new study ...
Economics & Business
Nov 1, 2012
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From brand new laptop to infected by pressing 'on' (Update)
A customer in Shenzhen, China, took a brand new laptop out of its box and booted it up for the first time. But as the screen lit up, the computer began taking on a life of its own. The machine, triggered by a virus hidden ...
Internet
Sep 13, 2012
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Team studies the innermost circle of the financial crisis
(Phys.org) -- “Too central to fail” instead of “too big to fail”: whether banks pose a risk to the financial system when they get into distress has more to do with their level of networking than with their ...
Economics & Business
Aug 3, 2012
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