Posts Tagged ‘finance’

Online security in the financial services sector is a risky business

Imagine hundreds of billions of dollars vanishing right before your eyes. Well that’s exactly what happened yesterday when someone caused the stock market to temporarily crash by hacking into AP’s Twitter feed and tweeting about a White House bombing that never happened. Unfortunately, hacking, intrusions, phishing and Internet fraud are just some of the malicious [...]

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SEEBURGER offers financial transaction security with SWIFT qualification

Security and Business Continuity dictate a multi channel strategy for Financial Institutions. So we’ve taken another step towards ensuring financial transaction security. We’re pleased to announce the Society for Worldwide Interbank Financial Telecommunications (SWIFT) has awarded us two key SWIFTNet 7.0 qualifications. What exactly does this mean? It means the SEEBURGER Business Integration Suite (BIS) [...]

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Banking software faces rising glitch rate and “tech debt”

As banks face a growing number of costly incidents, it begs the question, why? According to a recent BBC News article and our own experience—the answer lies somewhere between an overdependence on antiquated code, complex line-of-business and geographical variations, mass mergers and acquisitions, tighter SLAs and changes in data transfer patterns. Testing alone won’t be enough [...]

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