Financial Services Industry
95 Stories
Asean data center market unfazed by credit crunch
News Despite the financial meltdown, businesses in Southeast Asia will continue to spend on data centers and expand site space, says data center consulting specialist.
Tags: Data centers, Servers, Business Strategies & Functions, Infrastructure/architecture management, Outsourcing, Vietnam, Hong Kong, Singapore, financial, financial service
'Highest' phishing rate to date
News June marked increased malware attacks and record number of phishing attacks on Web, according to Fortinet's online threat report for June.
Tags: Spam and phishing, PC security, Security Management, Phishing, Fortinet Inc., Malware, Singapore, Anti-spam, e-mail, Symantec Corp.
Social networks to augment analytics
News Relational links between people are being applied to refine business analytic findings and reduce rate of false positives, says SAS executive.
Tags: Data mining & analysis, Strategic analysis, Data warehousing/business intelligence, SAS Institute, Asia-Pacific, Singapore, business analytics, public sector, business intelligence, social networking
Phishing attacks costing banks US$350 a pop
News The average cost of a phishing attack to the U.S. financial services industry was US$351 last year--a drop of 60 percent on the year before.
Tags: Spam and phishing, Phishing, Gartner Inc., financial, financial service, bank, industry, analyst, financial services company, Spam and phishing
US$5B slashed from global financial services' IT spending
News As the banking sector continues to struggle in the harsh economy, IT budgets are starting to feel the heat.
Tags: Banking, Budgeting/cost control, IT budgeting, Cost control, IT Budget, IT-spending, life insurance, Celent, job loss, financial service
Has the Great American Dream ended for Indians?
Blogs The U.S. of A has had a special place in the hearts of urban Indians. Since childhood, I have seen many of my playmates,...
UK banking IT budgets plunge by US$40B
News In the United Kingdom, banking IT budgets will fall by 7 percent year on year in 2009, compared to a fall of 2 percent worldwide, a report by Datamonitor predicts.
Tags: Cost control, IT outsourcing, IT budgeting, Datamonitor, IT Budget, IT outsourcing, U.K., financial service, bank, industry
Gartner: IT budgets squeezed further
News Almost half of CIOs surveyed by the research firm said they spent less on IT in the first quarter than they had initially planned.
Tags: IT budgeting, Budgeting/cost control, Chief Information Officer, IT Budget, IT-spending, Survey, Gartner Inc., industry, IT budgeting, Budgeting/cost control
Web site-based crimeware hits all-time high
News The number of Web sites with hidden code for stealing passwords nearly tripled in the past year, as cybercriminals targeted legitimate sites for their cybertheft, according to new report.
Tags: Firewalls, Hacking, Spam and phishing, Viruses and worms, Phishing, Malware, Security, Anti Phishing Work Group, IT Security, Password
Bank phishing fraudsters learn to spell
News Fraudsters are targeting financial services organizations, and their attacks are continuing to develop, say banking execs at the RSA Conference.
Tags: Spam and phishing, Phishing, Bank Of America Corp., Fraudster, Malware, Phishing Web Site, Gartner Inc., financial service, bank, industry
Asian IT to emerge from financial crisis stronger
News Economic crunch will drive wealth, power and innovation transfer from West to East as multinationals see Asia as critical growth market, says Springboard Research.
Tags: Financial, Region, Asia, IT-spending, Asia-Pacific, research company, Emerging Market, information technology company, industry, information technology
Region's banks still spending on MSS
News Despite current economic climate, spending on managed security services by financial institutions in Asia will continue, say industry watchers.
Tags: Network security, Data security, Security Management, Business security, Services, Security, Managed Security Service, Asia-Pacific, Singapore, Gartner Inc.
Govt, telcos, financial firms to lift M'sia IT sector
News These three sectors are expected to spend most on technology in Malaysia, thus helping its infocomm technology industry to grow in 2009 despite a slowdown.
Tags: Sales/revenue, Acquisitions, Government, Telecommunications, International Data Corp., Information And Communication Technology, Broadband, BPO, Malaysia, financial
HP to open IT services center in Shanghai
News U.S.-based Hewlett-Packard (HP) has announced plans to set up a financial services industry center in Shanghai, according to a statement from the company.
IBM pumps resources into banking, software labs
News New facilities, called Banking Centers of Excellence, are designed to meet changing needs of IBM's financial services clients.
Tags: Business applications
