Posted on 16 July 2012 by
What’s a “commercially reasonable” amount of security for a bank? We got one answer last week when a federal appeals court reversed a lower court’s ruling on the Automated Clearing House (ACH) fraud dispute between Patco Construction and Ocean Bank. Patco sued Ocean Bank for having “commercially unreasonable” security in place after Patco lost more […]
Posted on 19 January 2012 by
We recently experienced one of the biggest tech events of the year – CES 2012. A hub of technology launches, consumer experiences and computing giants jostling for attention, one of the key trends at the show was motion-enabled TV and motion-controlled devices (think Tom Cruise using a Minority Report-style control of content on screens and […]
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In the latest post in our Digital Turkey series, I’ll be taking a look at innovations in Turkey’s banking industry. Alongside the fact that it has revolutionized the way we communicate, for many, what the internet does best is convenience. Online banking is a great example of digital convenience as users can manage their money […]
Posted on 13 January 2012 by
With almost half of its 78 million citizens now online, Turkey is rapidly developing into a technological powerhouse. Not only is its young population (averaging just 28 years of age) becoming increasingly active online, but the country’s government and large corporations have been equally proactive in investing in cutting-edge technologies.
Posted on 20 September 2011 by
Recently, @briankrebs highlighted a Trojan attack which showed quite how sophisticated some cyber attacks are now becoming. The case in question is being investigated by German police, and involves a new piece of malware which convinces online banking customers to willingly transfer their own money into the accounts of criminals. This particular case shows that, sometimes, even a layered […]
Posted on 15 September 2011 by
Bruce Schneier’s recent post in which he said that secret questions had reached a ‘new low’ may have shocked some casual observers, but for me it simply underlines a problem which is all too common. Personal verification questions (PVQs) and answers have been the de facto solution for forgotten passwords since the creation of email […]
