Wednesday, June 20, 2012

Dan Morris: Turbulence pushing banks into the cloud

  Banks: Hackers more aggressive in attacking customer accounts | U.S. lawmakers quiz ZTE, Huawei over spying concerns
 
  Financial IT

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Dan Morris: Turbulence pushing banks into the cloud
  We all know that the old business model for investment banking technology doesn't work and this is driving bank technology departments everywhere to cut costs.  However I was struck by a recent special report in The Economist which outlines that, while investment banks are shrinking, their retail arms (Citibank, HSBC, Santander, etc.) are growing due to changes in technology.  The key trends they found were: Read More


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Banks: Hackers more aggressive in attacking customer accounts
A survey of large financial institutions shows they faced more attacks by hackers to take over customer banking accounts last year than in the two previous years, and about a third of these attacks succeeded. Read More


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Cutting Costs and Simplifying Management on IBM XIV
Read the white paper and see how this platform increased performance for applications such as Microsoft Exchange and eliminated maintenance costs while simplifying storage management. Learn More.

U.S. lawmakers quiz ZTE, Huawei over spying concerns
Two U.S. lawmakers have asked executives at Chinese telecom companies ZTE and Huawei to explain their connection to the Chinese government out of concern that the companies' products represent a risk to U.S. national security. Read More

Chambers: We Should Have Killed Cisco Cius Earlier
SAN DIEGO -- Cisco should have shuttered Cius nine months before it did, CEO John Chambers told reporters at the CiscoLive! conference here this week. Read More

 
 
 

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