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Data breaches booming Title: Data breaches booming
PermaLink: http://www.soxfirst.com/50226711/data_breaches_booming.php

Filed in archive risk by leon on August 27, 2008

The number of personal information leaks reported in the US this year have already eclipsed the total amount in all of 2007, according to the latest figures from the Identity Theft Resource Center...

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Watch for the CFO non-verbal cues Title: Watch for the CFO non-verbal cues
PermaLink: http://www.soxfirst.com/50226711/watch_for_the_cfo_nonverbal_cues.php

Filed in archive risk by leon on August 12, 2008

Investors need to pay careful attention to the non-verbal vocal cues of chief financial officers - stuff like voice pitch, tone, intensity, speed, volume, inflection, and the amount of time they take...

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Risk managers come clean Title: Risk managers come clean
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Filed in archive risk by leon on August 11, 2008

With the banks imploding, it's refreshing to read the confession of a risk manager in this Week's Economist.It's anonymous and we don't know which bank. But the insights are worth...

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Climate change: companies at risk Title: Climate change: companies at risk
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Filed in archive risk by leon on August 07, 2008

Some of the world's biggest companies are at serious risk of cost blowouts, regulatory burdens and reputational damage, according to a new report from the London-based Ethical Investment Research...

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Web 2.0 security solutions Title: Web 2.0 security solutions
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Filed in archive risk by leon on July 22, 2008

Last week, I did a blog entry looking at whether Web 2.0 applications were vulnerable to hackers and cyber crooks.That's what interested in a recent entry from the folks at Network Observations...

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GM staves off bankruptcy Title: GM staves off bankruptcy
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Filed in archive risk by leon on July 16, 2008

How bad has it become at the once all-powerful General Motors?It was only the other day that the company's embattled chief executive Rick Wagoner was dismissing rumors of bankruptcy, claiming...

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Web 2.0 and hackers Title: Web 2.0 and hackers
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Filed in archive risk by leon on July 15, 2008

How vulnerable are Web 2.0 applications to hackers and cyber crooks?It's a question worth considering. Web 2.0 is designed to maximise participation, information sharing and collaboration. Web...

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Fixing Fannie Mae and Freddie Mac: the world waits Title: Fixing Fannie Mae and Freddie Mac: the world waits
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Filed in archive risk by leon on July 14, 2008

Back in March, we saw the bail out of Bear Stearns. But the US Treasury and US Federal Reserve rescue plan for Freddie Mac and Fannie Mae is much more serious and problematic. Bear Stearns was just a...

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Clueless on environmental risk Title: Clueless on environmental risk
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Filed in archive risk by leon on July 09, 2008

You would think at a time when the world is aware of the effects of climate change, that companies would be getting ready with some risk analysis. Think again.A new report from the Economist...

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Subprime's hot spinoff: arson Title: Subprime's hot spinoff: arson
PermaLink: http://www.soxfirst.com/50226711/subprimes_hot_spinoff_arson.php

Filed in archive risk by leon on July 07, 2008

Another sign of desperate times! Expect a record number of arson incidents with the growing number of mortgage defaults, reports Bloomberg.Still, you would have to ask why people would do it when, as...

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Drug solutions for lost laptops Title: Drug solutions for lost laptops
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Filed in archive risk by leon on July 07, 2008

Some 12,000 Americans lose their laptops at airports every year, according to a Ponemon Institute study reported here.Still, let's get it in context. The study was sponsored by Dell which is...

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Moody's subprime error bug Title: Moody's subprime error bug
PermaLink: http://www.soxfirst.com/50226711/moodys_subprime_error_bug.php

Filed in archive risk by leon on July 04, 2008

Ratings agency Moody's has admitted that it incorrectly graded several European mortgage debt instruments because of a computer bug.The agency admits that it incorrectly gave its highest AAA...

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There's worse ahead - central bankers Title: There's worse ahead - central bankers
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Filed in archive risk by leon on July 01, 2008

If you thought we are over the worst of the economic slowdown, think again.In its latest report, the Bank for International Settlements warns that we could be at a "tipping point" and...

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US bank loses customer data Title: US bank loses customer data
PermaLink: http://www.soxfirst.com/50226711/us_bank_loses_customer_data.php

Filed in archive risk by leon on June 03, 2008

Extraordinary developments with the Bank of New York Mellon coming out and confirming that it lost magnetic tapes containing the personal details of 4.5 million people.The incident happened three...

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Email liabilities Title: Email liabilities
PermaLink: http://www.soxfirst.com/50226711/email_liabilities.php

Filed in archive risk by leon on May 25, 2008

How seriously should companies treat their outbound emails? And are they handling the issue appropriately?For some, these might be significant questions in light of study, reported in the National...

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The new hot job: Chief Risk Officer Title: The new hot job: Chief Risk Officer
PermaLink: http://www.soxfirst.com/50226711/the_new_hot_job_chief_risk_officer.php

Filed in archive risk by leon on May 09, 2008

With the world's banks bleeding from their over-exposure to bone-headed investments and bad loans, the latest hot job is the Chief Risk Officer.Bank of America, Citigroup, Merrill Lynch, J.P....

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Cybercrime primer Title: Cybercrime primer
PermaLink: http://www.soxfirst.com/50226711/cybercrime_primer.php

Filed in archive risk by leon on May 02, 2008

Phishing. E-bank theft. Spoofing. Botnets.All terms describing different forms of cybercrime. Some good details in this piece of research from Stan Kratchman, Jacob Smith and L. Murphy Smith from the...

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Climate change dilemmas Title: Climate change dilemmas
PermaLink: http://www.soxfirst.com/50226711/climate_change_dilemmas.php

Filed in archive risk by leon on April 30, 2008

With the Rockefellers, the founding family behind ExxonMobil, embarrassing the company by calling for Rex Tillerson to hand over part of his responsibilities as both chairman and chief executive and...

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Internet crime soars Title: Internet crime soars
PermaLink: http://www.soxfirst.com/50226711/internet_crime_soars.php

Filed in archive risk by leon on April 07, 2008

Nearly $240 million in reported losses from Internet crime, up $40 million from last year, according to figures reported to the FBI.The Internet Crime Complaint Center, a joint venture between the...

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Carbon principles Title: Carbon principles
PermaLink: http://www.soxfirst.com/50226711/carbon_principles.php

Filed in archive risk by leon on March 26, 2008

Earlier this month, I did a blog entry looking at the massive impact that climate change will have on the financial services sector, particularly the banks.Now, global law firm Winston & Strawn...

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