All Risk Management News - March 2007

Banks dumped customer data in outside bins

The Information Commissioner’s Office (ICO) has found that 11 banks and other financial institutions breached the Data Protection Act after an investigation into complaints about the disposal of customer information in outside bins.

Online card fraud soars

Although overall card fraud dropped last year, online and foreign card fraud is still rising at a dizzying pace, according to UK payments association Apacs.

Lloyds TSB automates fight against debit card fraud

Lloyds TSB is to introduce an automated phone fraud alert service for all its debit card holders.

Cookware firm upgrades ERP to cool SOX heat

The US Sarbanes-Oxley Act has forced a global cookware distributor into making a series of upgrades to its core enterprise resource planning applications.

Broker's Cisco suite tackles continuity and compliance

Charles Stanley Stockbrokers has cut the cost of business calls and prepared for new financial legislation after implementing a converged data network managed with unified communications software across 30 sites.

Face up to offshoring security risks, urges expert

Businesses are putting themselves at risk by failing to consider the impact of offshore outsourcing on the security of their IT systems and critical information, according to a former US government security adviser.

NEC reveals HydraStor grid storage

NEC announces its HydraStor array for secondary storage, touting its grid storage architecture, automated policies for data management and scalable deduplication.

Winners and losers in storage market reports IDC

According to the latest IDC research, HP shows declining revenues in several storage categories; EMC, HDS, Symantec and NetApp show surprising results.

Encrypted laptop hard drives arrive from Seagate

Seagate Technology has started shipping 2.5in encrypted hard drives for laptops.

Firms fear data loss

Two-thirds of IT managers cite loss of business-critical data and downtime of key IT systems as the greatest risk they face in IT planning.
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