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FSA and Institutional Investors Fly the Green Flag In the wake of sentiment expressed at the World Economic Forum that financial services firms (and all companies) must go greener, the U.K.'s Financial Services Authority has issued a warning about the dangers of climate change as part of its 2007 Financial Risk Outlook, while a U.S.-based consortium of institutional
There Are Changes Ahead for Asset Managers Including Increased Autonomy and a New Skill Requirements The regulatory environment and the structure of the securities market are in a state of transition. The upside for asset managers is increased autonomy.
New Phishing Threat Discovered Cory Levine, Wall Street & Technology The cat-and-mouse continues, as researchers yesterday uncovered a new phishing technique being shared in the fraud community, which will enable criminals to bypass multi-factor authentication technologies. Analysts in the 24x7 Anti-Fraud Command Center operated by
Financial Institutions Must Be Prepared for Future Terrorist Attacks We lived through 9/11. We lived through the London, Madrid and Bali bombings, too. Now al-Qaeda wants to destroy our financial technology infrastructure by launching a cyber attack against our online banking and stock trading infrastructure. Luckily, nothing came of this early December event, but we certainly need to be prepared for future attacks.