Friday, January 23, 2015

When good security advice...isn't

Have you ever had one of those moments, while discussing security techniques with other clueful individuals, where one of you confesses to disagreeing with a common piece of advice? While it may be completely logical that you must account for context when giving appropriate advice, sometimes we may forget that we must also do this when we’re discussing security.

Image source: Article
Perhaps we should be asking ourselves more specific questions when we give others security decrees.

Is there any piece of common security advice that you find you disagree with?

Wednesday, January 21, 2015

AppSec California Top-Notch Training - Register Today and Save

Held again at the Annenberg Community Beach House on a fantastic stretch of beautiful Santa Monica beachfront property, AppSec California 2015 is sure to be a huge success as it’s bringing together multiple security experts from the likes of Veracode, LinkedIn, Twitter, Cigital, NCR, Qualcomm, Bugcrowd, Salesforce.com, and HackerOne. The speakers are all revved up and ready to getting us all thinking about our own contributions to information security as they engage with us during the West Coast’s leading InfoSec event.

Use the code sean25 and save 25% off training!
Register for the event
Image source: AppSecCali

And, if you sign up for a training, you will get another code for 50% off of the conference!

The breadth and depth of training and content available is sure to draw in huge crowds, likely topping the nearly 300 information security attendees from last year’s event. According to the event’s organizers, we can expect to see even more senior executives, technical experts, and information security practitioners participating this year.

Regardless of your role, you’ll find a plethora of content to be discussed and knowledge to be gained. Want to see more than what I’ve highlighted here? The full agenda can be viewed at https://2015.appseccalifornia.org/schedule/.

If you are interested in attending the event, be sure to register here (http://re4.ms/AppSec15). And, don't forget to use the sean25 savings code.

We hope to see you there!

Protecting Your Agile Data Center: You Can't Fight the New War With Old Tools

Data infrastructure and function has experienced a paradigm shift with the enterprise progressing steadily in the age of cloud, apps and mobility, marking the end of the “perimeter” era for the computing environment.With the proliferation of the cloud, mobile, and Internet of Things (IoT), information continues to be virtualized and mobilized, and blind spots unknowingly created, sitting undetected and vulnerable to new attack vectors.

Image source: Wikipedia
While most security technologies have not evolved over the past decade to meet this need, new cloud-based security technologies designed for the virtual, mobile and automated environments will protect data that old solutions fail to even see.

Is your firm ready for the next frontier?

Tuesday, January 20, 2015

10 Mobile Predictions For 2015

It’s always interesting to review and compare the concepts and product announcements presented at CES to my predictions. After nearly a week of gadget heaven, I can firmly state that nothing revealed at the show has changed my perspective.

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Prediction No. 1: 2015 will be the year of the enterprise mobile app and enterprise micro apps will grow into richer apps.

Be sure to read the remaining 9 predictions from Maribel Lopez!

Monday, January 19, 2015

Credit Union Deploys First Video Teller in Idaho

Pioneer Federal Credit Union in Mountain Home, Idaho, has deployed video teller technology to its ATMs, presumably the first financial institution in Idaho to deploy the virtual teller technology. Tellers will be able to use interactive video technology to take control of two new ATMs at the credit union's Boise branch, which recently opened. NCR Corporation of Duluth, Ga., will support the terminals.

Image source: Wikipedia
Video collaboration and transaction processing can both reduce operating costs by centralizing tellers across multiple branches, while still connecting customers and tellers in a face to face, highly personal engagement. NCR Interactive Teller helps free branch staff to focus on the service needs of customers visiting the branch.

Do you plan to use remote assisted service to bring a unique and efficient banking experience to their customers – without losing that human touch>

Thursday, January 15, 2015

Six More Credit Unions on Apple Pay

Six more credit unions are now live in Apple Pay, bringing the total number in the industry to 15. Newcomers included the $550 million Consumers Credit Union in Kalamazoo, Mich., the $2.6 billion Virginia Credit Union in Richmond, Va., the $672 million Cyprus Credit Union in West Jordan, Utah, the $1.7 billion Fairwinds in Orlando, Fla., the $4 billion Mountain America Credit Union in West Jordan, Utah, and the $1.2 billion Partners Federal Credit Union in Burbank, Calif.

Image source: Wikipedia
Less than two dozen banks are now live in Apple Pay. Among them are Chase, Bank of America, Citi, and Wells Fargo.

Is your firm planning to support Apple Pay?

The Making of a Cybercrime Market

How two underground entities surfaced, battled, aligned, and ultimately extracted billions from some of the world’s largest financial institutions via unsuspecting, everyday banking client victims.

Image source: Article
As the events described unfolded, we begin to see into the business minds of the cybercriminals they described. This article looks at the how the business was formed, how it grew, and captures a list of best practices and lessons learned.

Don't miss this script-worthy story that is rooted in reality.

Bank Fraud Toolkit Circumvents 2FA & Device Identification

Another user-friendly attack toolkit is on the market, and it's perfect for the budding Brazilian banking fraudster. It's got an attractive, user-friendly interface that includes a "start phishing" button. And it effectively circumvents both two-factor authentication and device identification protections.

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The toolkit is distributed by being embedded in other malware. It comes preloaded with a list of targeted banking URLs. When the infected user visits one of those sites, the malware operator gets an alert and can then decide whether or not to proceed with an attack.

If the toolkit surfaces in English, is your firm prepared to detect the toolkit that leverages a malware infection, the use remote access tools, abnormal browser patterns, or other abnormal transactions?

Credit Union Watchdog Shoots Down Data Encryption Rule

Even after suffering a data breach, the organization in charge of overseeing the needs of credit unions has cast off the idea of implementing a rule mandating the use of encryption for data transfers.

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It’s expected the NCUA will make further decisions regarding shoring up its security as soon as its Inspector General concludes his look at the incident.

What is your firm's position on this topic?

Friday, October 4, 2013

IP Cameras: What’s Holding You Back?

If you are responsible for your credit union’s video surveillance system and are still using analog video cameras, you’ve probably been pushed at least once or twice to make the leap to IP video surveillance – or risk getting left behind in the ‘dark ages’.

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And it’s just as likely that you’ve already looked at the general benefits of an IP camera, weighed them against the increased system cost, and concluded that it wasn’t quite the right fit for your credit union just yet.

You wouldn’t be alone. There are several factors that can deter an organization from moving to IP video. Read a two-part blog from March Networks – America’s #1 provider of video surveillance solutions to banks and credit unions – to learn more about the pros and cons of IP video cameras.

Is now the right time for your credit union to adopt high-definition IP video surveillance?

'Remarkably Naive' as DDoS Threat Grows

Third-party experts and credit union executives—primarily speaking anonymously on the subject—said most credit unions have done nothing to protect themselves against the takedown threat, which has been increasingly linked with theft of funds at financial institutions.

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Two things have happened in the past year that may change how credit union executives view DDoS.

A vice president at a large Northwestern credit union said his institution relies on its online banking provider to handle DDoS mitigation. The results, so far, have been acceptable. Relying on vendors to secure critical systems may not be a cure-all, however.

What is your Credit Union's defense against DDoS?

Tuesday, October 1, 2013

Millions stolen from US banks after 'wire payment switch' targeted

Criminals have recently hijacked the wire payment switch at several US banks to steal millions from accounts, a security analyst says.

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The loses “added up to millions [lost] across the three banks".

The attack against the wire payment switch -- a system that manages and executes wire transfers at banks -- could have resulted in even far greater loses.

Have you followed the advice to "slow down" wire transfers?

Monday, September 30, 2013

Banks face jump in technology spending: report

Banks which have patched up their information technology (IT) systems too often in recent years face big increases in spending to modernize their operations for the digital age.

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But digital innovation should help offset the outlays by cutting the costs of new branches, which are likely to be 25 percent smaller and have a fifth fewer staff.

IT costs are likely to rise by about 10 percent over the next 10 years, broadly offset by a possible 5 percent fall in branch costs, analysts predicted.

What does your IT budget look like?

Monday, September 16, 2013

Advance Suggests Banking Encryption (RSA) Could Fall Within 5 Years

The encryption systems used to secure online bank accounts and keep critical communications private could be undone in just a few years, security researchers warned at the Black Hat conference.

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Breakthroughs in math research made in the past six months could underpin practical, fast ways to decode encrypted data that’s considered unbreakable today.

The sophisticated Flame malware discovered last year featured a completely new mathematical technique to defeat an encryption method used to verify some software updates as originating with Microsoft, allowing Flame to masquerade as legitimate software.

Are you concerned for the protection of your data?

Tuesday, July 2, 2013

Stolen credit cards... keep 'em. It's all about banking logins now

Crimeware-As-A-Service is a thing. Really.

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Stolen bank login information attracts an even higher price than credit card numbers on underground cybercrime bazaars.

The technical barrier to getting involved in cybercrime has been lowered thanks to various Cybercrime-As-A-Service offerings - including cybercrime-infrastructure-as-a-service, bulletproof hosting, password cracking and DDoS for hire offers.

What are your members' logins worth?

Thursday, May 30, 2013

Don’t Get Caught! Schedule a Surveillance System Spring Clean

You don’t have to go far these days to hear stories in which video surveillance plays a critical role in catching the bad guys.

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Unfortunately, we’ve also seen how an organization can end up with a huge — and costly — headache when its video surveillance system isn’t working properly.

To avoid getting caught in an embarrassing and potentially serious situation, I recommend a little spring cleaning of your video surveillance system.

Has your CU done its spring cleaning yet?

Monday, May 13, 2013

FBI says more cooperation with banks key to probe of cyber attacks

Bank security officers and others were brought to more than 40 field offices around the country to join a classified video conference on "who was behind the keyboards."

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The extraordinary clearances, from an agency famed for being close-mouthed even among other law enforcement agencies, reflect some action after years of talk about the need for increased cooperation between the public and private sectors on cybersecurity.

How has your CU been affected?

Monday, April 8, 2013

CU InfoSecurity Conference 2013 in Las Vegas

The Credit Union InfoSecurity Conference, the original and premier conference dedicated solely to credit union security, is holding its next summit on June 5-7, 2013 at the Platinum Hotel and Spa in Las Vegas.

Register for the event

Image source: imsmartin
The conference, which features industry leaders in their respective fields sharing their firsthand knowledge and practical advice on securing credit unions, is an incredible opportunity to gain new insight, network with credit union peers, and browse the Security Vendor Reception.

Possible topics to be covered at the upcoming summit include mobile security, data forensics, insider threats, incident response, social engineering, secure cloud storage, virtual desktop security, and fighting banking fraud.

If you are interested in attending the event, be sure to register here (https://www.cunews.com/infosecurity-conference.html).

Thursday, April 4, 2013

Gartner: Tablet shipments to outstrip PCs by 72% in 3 years

Three years from now, tablet computers will outsell traditional Windows PCs, and do so by a whopping 72%.

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Some of that decline will be made up by the faster growth in "ultramobiles," the new breed of Windows 8 devices such as Microsoft Surface Pro.

But the PC decline is permanent, reflecting a "long-term change in user behavior," according to the Gartner statement.

Where is your CU making your investment?

Monday, April 1, 2013

New malware goes directly to US ATMs and cash registers for card info

While many consumers already take precautions when shopping online, they may need to start being even more careful - as a new report shows malware is focusing on physical registers and ATMs compromised by attackers looking to harvest card data.

Image source: Article
The malicious code is evidently being installed directly into point-of-sale (POS) hardware (meaning registers or kiosks) and ATMs, and transmitting the harvested information straight out of the magnetic stripes on credit and debit cards - which includes everything from account numbers, to first and last names and expiration dates.

Are your CU's ATMs secure?

Friday, March 29, 2013

Google Chrome: Best security tips for safer browsing

There's a lot to like about Google Chrome's built-in security features.

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The browser offers unique sandboxing functions and privilege restrictions, and even updates itself in the background to help better protect you from hackers and malware.

But like all browsers, Chrome is imperfect, and there are steps you can take to protect it from attack.

Read the full article to see how to get the most from Chrome's built-in security features, and work around its security shortcomings.

Tuesday, March 26, 2013

Wells Fargo bank site attack disrupts service

Wells Fargo's online banking site was experiencing problems Tuesday, with a denial-of-service attack.

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This attack likely the reason behind the slowdowns for some customers trying to access the site.

This isn't the first time the bank site has been under a denial-of-service attack, where hackers inundate a website with traffic to delay or disrupt it.

Think your CU is safe? Think again.

Risk management becoming focus of bank boards

The majority of the boards of directors for large banks are spending significantly more time on risk management, according to a new survey.

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The survey, which was conducted in January using risk officers and directors at banks with more than $5 billion in assets, said 91 percent of those surveyed reported an increase in time devoted to risk management issues within board meetings over the last three years.

Seventy-two percent of risk officers and 63 percent of directors report that this time has doubled or tripled.

What is your board's position on risk management?

Monday, March 25, 2013

Hackers Set Time Bomb to Damage Targeted Banks and Broadcasters

The AhnLab Security Emergency Response Center (ASEC) and US headquarters of South Korea-based AhnLab confirmed a large series of cyber attacks that targeted banks and broadcasters in South Korea.

Image source: chaitanyak.deviantART
AhnLab said that attackers used stolen user IDs and passwords to launch some of the attacks.

The credentials were used to gain access to individual patch management systems located on the affected networks.

Does your CU have control over your patch management system?

Mobile location data 'present anonymity risk'

Scientists say it is remarkably easy to identify a mobile phone user from just a few pieces of location information.

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But a study in Scientific Reports warns that human mobility patterns are so predictable it is possible to identify a user from only four data points.

Recent work has increasingly shown that humans' patterns of movement, however random and unpredictable they seem to be, are actually very limited in scope and can in fact act as a kind of fingerprint for who is doing the moving.

Does your CU let its employees use location features on their smartphones?

Wednesday, March 20, 2013

Internet Explorer 8 Exploit Found in Watering Hole Campaign Targeting Chinese Dissidents

On March 16th, FireEye discovered a premeditated waterhole campaign that hosts exploits and malware on websites frequented by a specific target group.

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The attack exploits a fresh vulnerability (CVE-2013-1288, MS13-021) in Internet Explorer 8—just four days after Microsoft released a patch.

Why did attackers use a fresh vulnerability? Cost could be a factor. Zero-days tend to be expensive to either research or purchase on black markets.

Has your CU applied this patch?

Tuesday, March 19, 2013

Free Android malware analysis tool

Bluebox Labs announced Dexter, a free tool to help researchers and enterprise security teams analyze applications for malware and vulnerabilities.

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The increasing popularity of the Android platform has resulted in an explosion of applications, but with shortened development cycles, many are released without proper security analysis.

This often leads to undetected malware making it to market along with the app.

Does your CU worry about mobile malware?

Monday, March 18, 2013

Increased spy access to Americans' banking data raises privacy concerns

Spy agencies like the CIA and NSA would have access to a database used to fight domestic financial crime under a proposal being drafted by the Obama Administration.

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The database, among other things, catalogs bank deposits of $10,000 or more made by American citizens and anyone else doing business with a U.S. bank.

Opening up the federal database, known as the Financial Crimes Enforcement Network (FinCEN), to more government eyes would be a mistake, said J . Bradley Jansen, director of the Center for Financial Privacy and Human Rights (CFPHR) in Washington, D.C.

What is your CU's position on this topic?

Friday, March 15, 2013

3G and 4G USB modems are a security threat, researcher says

The vast majority of 3G and 4G USB modems handed out by mobile operators to their customers are manufactured by a handful of companies and run insecure software, according to two security researchers from Russia.

Image source: Wikimedia
Researchers showed how to attack the 3G and 4G USB modems at Black Hat Europe.

The researchers tested the software preloaded on the modems and found multiple ways to attack it or to use it in attacks.

How many USB modems does your CU use?

House Oversight Committee floats FISMA update

The leadership of the House Oversight and Government Reform Committee introduced a bill on March 14 to update federal information security regulations.

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The updated regulations are likely to include continuous monitoring of cybersecurity threats and regular threat assessments.

This update to FISMA will incorporate the last decade of technological innovation, while also addressing FISMA shortcomings realized over the past years.

Does your CU have to follow these rules?

Wednesday, March 13, 2013

The Dingo and the Baby

FireEye has been tracking an APT campaign for a while and we have noticed that this attack is currently active and targeting companies.

Image source: Article
In this case, the campaign uses the name of the company it targets in the CnC domain name.

What does this have to do with dingoes and babies? The title comes from a string that we saw in all of the malware, called LetsGo/Merong, and its variants.

Do you know where the dingo is?

Tuesday, March 12, 2013

Big Data Raises Authenticity Concerns

Big data is literally everywhere. It’s in the cloud and under the cloud, at rest and on the move, and growing at a mind-boggling rate.

Image source: Guardtime
IBM, a leader in big data analytics, has estimated that organizations create 2.5 quintillion bytes of data each day — and that 90 percent of the data in the world has been created in the last two years alone.

Thanks to cloud computing, petabytes of unstructured data are created daily online and much of this information has an intrinsic business value if it can be captured and analyzed.

Does your CU have big data security issues?

Friday, March 8, 2013

RSA 2013 The Age Of Security Commercialism

Walking on the RSA 2013 show floor, it was a chaotic, noisy, and energetic place, pulsing with excitement.

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The week heading to the conference was interesting to say the least; with Java 0-days wreaking havoc on the Internet and the Mandiant report taking every major newspaper headline, RSA could not have had a better set-up.

After the dust (and the smoke) settled, the Forrester security team came away with a number of unique impressions and takeaways.

Read the full article to learn more.

Wednesday, March 6, 2013

SharePoint 2013 Challenges and Questions for CIOs

SharePoint 2013 arrives with a new user interface and new collaboration, search, storage and task management features.

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But gaps remain in areas like social and mobile, and upgrading and governing SharePoint is still rife with challenges.

Good Technology's GoodShare is part of a comprehensive mobile collaboration solution which brings SharePoint & NAS to the financial industry.

Does your CU want SharePoint on mobile?

Security tracker displays cyber attacks in real time

Around 200,000 new varieties of viruses, trojans and worms are developed each day worldwide.

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That makes preventive cyber security even more important and having transparency when it comes to current risk potential is decisive.

To help, Telekom has launched its online portal, www.sicherheitstacho.eu.

Would your CU benefit from this information?

DDoS Attacks on Banks Resume

Izz ad-Din al-Qassam Cyber Fighters has launched a new wave of distributed-denial-of-service attacks against U.S. banks and credit unions, and experts say institutions can expect more incidents in the coming days.

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Hacktivists confirmed the attacks in a Feb. 26 post on the open forum Pastebin, claiming strikes against Bank of America, PNC Financial Services Group, Capital One, Zions Bank, Fifth Third, Union Bank, Comerica Bank, RBS Citizens Financial Group Inc. [dba Citizens Bank], People's United Bank, University Federal Credit Union, Patelco Credit Union and others.

Was your CU a target?

DDoS Becoming an Expensive Fact of Life

The ceasefire is over. Last week, on Feb. 25, the Cyber Fighters of Izz ad-Din al-Qassam renewed their Distributed Denial of Service attacks against U.S. financial institutions.

Image source: Flickr
That included again taking down the websites of two credit unions: the $1.5 billion University FCU in Austin, Texas, and Patelco, the $3.8 billion Pleasanton, Calif., institution.

What is new is that the conversation about how to respond to the industrial-grade DDoS unleashed by the Cyber Fighters is beginning to shift.

Is your CU ready to handle a DDoS?

Monday, February 25, 2013

FTC Endorses New Privacy Guidelines, Do Not Track for Mobile Apps, Devices

Hoping to ramp up privacy on mobile devices such as smartphones and tablets, the Federal Trade Commission (FTC) has released a series of suggestions to help app developers, advertising networks and device companies better protect their users online.

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The FTC is looking to get companies, particularly those that work in the facilitation of users’ personal information, to clamp down.

Ideally, users should also be able to review the types of information each application on their device can access in a one-stop dashboard.

What are your thoughts on this FTC report?

Wednesday, February 20, 2013

Big Bank Mules Target Small Bank Businesses

A $170,000 cyberheist last month against an Illinois nursing home provider starkly illustrates how large financial institutions are being leveraged to target security weaknesses at small to regional banks and credit unions.

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The attack on Niles Nursing Inc. provides a textbook example. On Monday, Dec. 17, 2012, computer crooks logged into the company’s online banking accounts using the controller’s credentials and tunneling their connection through his hacked PC.

At the beginning of the heist, the miscreants added 11 money mules to Niles’ payroll, sending them automated clearing house (ACH) payments totaling more than $58,000, asking each mule to withdraw their transfers in cash and wire the money to individuals in Ukraine and Russia.

In total, the attackers appear to have recruited at least two dozen money mules to help haul the stolen loot. Read the article to learn more.

Sunday, February 17, 2013

Zeus hit five major banks in Japan

Zeus malware is considered the most popular and prolific malicious code for banking, it is one of the privilege agent by cybercrime the use to sell various customized version in the underground to conduct sophisticated fraud.

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Cyber criminals continue to use Zeus, it is considered one of the most dynamic cyber threats due the numerous variants and customization detected.

The malware is used to steal banking credentials, the attackers used a classic phishing schemes to spread the link to compromised web site, as usual they used drive-by downloads to trick victims.

Has your CU members been tricks?

Friday, February 15, 2013

Crooks Net Millions in Coordinated ATM Heists

Organized cyber criminals stole almost $11 million in two highly coordinated ATM heists in the final days of 2012.

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The events prompted Visa to warn U.S. payment card issuers to be on high-alert for additional ATM cash-out fraud schemes in the New Year.

Using a small number of re-loadable prepaid debit cards tied to accounts that they controlled, scammers began pulling cash out of ATMs in at least a dozen countries. Within hours, the perpetrators had stolen approximately $9 million.

What does your CU do to protect against ATM theft?

Wednesday, February 13, 2013

DDoS Attack on Bank Hid $900,000 Cyberheist

A Christmas Eve cyberattack against the Web site of a regional California financial institution helped to distract bank officials from an online account takeover against one of its clients, netting thieves more than $900,000.

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At approximately midday on December 24, 2012, organized cyber crooks began moving money out of corporate accounts belonging to Ascent Builders, a construction firm based in Sacramento, Calif.

In short order, the company’s financial institution – San Francisco-based Bank of the West — came under a large distributed denial of service (DDoS) attack.

Are you prepared for a DDoS attack? Or will you get a visit from the FBI?

Monday, February 11, 2013

Hacking The Laptop Docking Station

You know that docking station you snap your laptop into at the office? It can be hacked, too.

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A British researcher next month at Black Hat Europe will show just how valuable those seemingly benign devices can be to a determined attacker targeting an organization or group of users.

Andy Davis, research director for U.K.-based NCC Group, built a prototype hardware device that can easily be placed inside a laptop docking station to sniff traffic and, ultimately, steal sensitive corporate communications information from the laptop.

Where does your CU source its docking stations?

Friday, February 8, 2013

PCI Council Releases Guidelines for Cloud Compliance

A new set of guidelines from the PCI Security Standards Council is intended to help merchants and cloud services providers comply with the PCI DSS when handling payment card data on the web.

Image source: Westerfield
Since 2004, the PCI Security Standards Council (PCI SSC) has maintained the Payment Card Industry Data Security Standard (PCI DSS), a proprietary information security standard for the handling of payment card data.

Increasingly, organizations have taken the PCI standard as a guide for implementing security, even if they don't have responsibility for customer payment card data.

What is your CU's position on PCI and cardholder privacy?

Thursday, February 7, 2013

Ex-Employees Say It's OK To Take Corporate Data With Them

New survey finds nearly 70 percent of employees who recently left or were fired from their job say their organizations don't prevent them from using confidential info.

Image source: Flickr
Half of employees say they took corporate data with them when they left their jobs or were fired, and 40 percent plan to use that data in their new positions at other organizations, according to a new report.

Sixty-two percent don't think this practice is wrong, either: They say it's OK to take corporate data with them via their PCs, tablets, smartphones, or cloud file-sharing applications.

Does your CU have data loss policies being enforced for mobile, cloud, and other extrusion channels?

Tuesday, February 5, 2013

Mobile Deposit Combines Best of Both Banking Worlds for Credit Unions

Remote deposit capture, long tied to the PC and desktop scanner, has arrived at its ultimate destination – anywhere, anytime check deposits through popular mobile banking capabilities and smartphones.

Image source: Flikr
Mobile deposit is attractive to consumers and millions of small businesses, a longtime staple of credit union membership.

New technologies have always been the answer to that challenge, and during the last few years, mobile RDC has been in the spotlight.

Does your CU take advantage of this technology?

Monday, February 4, 2013

Anonymous posts over 4000 U.S. bank executive credentials

Anonymous appears to have published login and private information from over 4000 American bank executive credentials its Operation Last Resort, demanding US computer crime law reform.

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A spreadsheet has been published on a .gov website allegedly containing login information and credentials, IP addresses, and contact information of American bank executives.

If true, it could be that Anonymous has released banker information that could be connected to Federal Reserve computers, including contact information and cell phone numbers for U.S. bank Presidents, Vice Presidents, COO's Branch Managers, VP's and more.

Did your CU executives make the list?

Saturday, February 2, 2013

War on terabytes

Ever since the 2001 attacks on the World Trade Centre, banks like Santander have invested billions in safeguarding and duplicating their data centres to protect them from terrorist attacks and natural disasters.

Image source: Blogpost
The threat against banks has, however, evolved. Although the physical infrastructure of the world’s financial system is largely secure, the software that runs on it is not.

Bank bosses and regulators are becoming more concerned by the threat posed to financial stability by networks of hackers that have launched a series of attacks on banks over the past few months.

Read more about the threat trends.

Friday, February 1, 2013

Cases Where Google Gives User Data To Government Don't Involve A Warrant

It may be easier than you think for government entities to demand the private data you’ve stored on Google’s servers.

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Most of the time, it doesn’t even require a judge’s signature.

On Wednesday Google released its semi-annual Transparency Report, its voluntary admission of how many times it removed data from its services or quietly handed users’ information to government agencies in the last six months.

Does your CU allow sensitive information to reside in Google services?

Microsoft pushes subscription model for Office 2013

Available for download now, Office 2013 comes in a wide variety of versions. But Microsoft is hoping that you'll skip the one-time fee for a subscription model that delivers lots of updates to come.

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After existing in preview form since last summer, Office 2013, the next version of Microsoft's productivity software, is now available for download.

Yes, it's a lot more money, and Microsoft accomplishes its goal of keeping you as a customer.

Is your CU sticking with Office 2013?