The search for stability continues, as Wall Street dropped for its second day, seeing a total cumulative point drop of more than 900 points. Bad economic and unemployment news continues to drive investors' fears that losses of more than 10 percent for the major indexes and losses of $1.2 trillion in US traded stocks...
Interview with Dr. Stephen Happel of Arizona State University
Not only is it an interesting time to be in banking; it's an interesting time to be learning about banking.
Dr. Stephen Happel is Professor of Economics at Arizona State University, and he's also a longtime instructor at the Pacific Coast Banking...
I'm traveling this week and figured I wouldn't have time to make my weekly blog entry while managing through a very full schedule. Writing these posts by itself is simple enough once you have a topic or idea to work with, but air travel, long car rides and fieldwork at multiple client sites don't allow much room for...
Insider threat is a growing criminal activity, and given economic conditions there is a high risk of this fraud occurring -- especially in the event of banks merging, being acquired and employees being laid off.
What steps can financial institutions take to safeguard themselves from the insider threat? To fully...
A managed security service provider (MSSP) is a vendor company that focuses in taking care of the business applications or services that other organizations outsource for a variety of reasons. Many of these services are provided via the internet and cover such tasks as IT services, remote data backup, network...
After the run-up for Tuesday's election, post-election Wall Street showed its nerves about the recession on Wednesday. The recent spate of poor earnings and unemployment figures made for a volatile day, with the Dow Jones Industrial Average falling nearly 500 points and all major indexes dropping more than 5 percent.
Interview with Chris Williston of the Independent Bankers Association of Texas
We're amidst an historic economic juncture, and we've just experienced an historic Presidential election. So, what's on the community banking agenda, and how are institutions strengthening - and expanding - their relationships with...
The RSA Fraud Action Research Team says it has found a single Trojan that it believes to be behind the theft of more than 500,000 online bank account credentials, credit cards and many other resources.
The security vendor's team revealed its findings late last week and says the gang behind the Trojan may have been...
With the historical presidential election behind the nation, newly-elected President Barack Obama has already established a transition team. The question of who will fill key cabinet positions such as Secretary of State and Secretary of Treasury also is at the top of many minds, especially in the financial services...
Interview with Stephen Verdier of the Independent Community Bankers of America
On Nov. 4, America elected Democrat Barack Obama as its next President, and the Democratic Party also cushioned its majorities in both the House and Senate.
So, what does a Democratic federal government portend for the U.S. banking...
Interview with Eva Weber of the Aite Group
So, given the results of the Presidential and Congressional elections, what does a Democratic federal government mean to the U.S. banking industry?
In an exclusive interview, Eve Weber, analyst with the Aite Group, a Boston-based financial services consultancy,...
Standing in line to vote yesterday evening at my local middle school, I thought there were a lot of things that the 44th President will have to fix: the economy, the country, the federal government, the out of whack federal budget. Whew! That's a lot, just on a national scale; we're not even talking global problems...
At least one question has been answered.
With the election of Barack Obama as the next U.S. President, we know who our nation's leader will be for the next four years. And with Democrats picking up additional seats as the majority party in both the House and Senate, we have a sense that Obama is going to have some...
Microsoft Windows vulnerabilities are decreasing, but malware is increasing.
This is the news from the latest report of Microsoft's global view of the threat landscape from hundreds of millions of computers around the world.
The Microsoft Security Intelligence Report shows that the total amount of malware and...
As Americans lined up to vote on Tuesday, the European markets responded to expectations of an election day Wall Street bounce. Dow futures were up 183, about 2 percent, with investors clinging to the positive that the wait will soon be over to see who will become the 45th president of the United States.
On the...
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