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Do more to protect customers' personal details, warns FSA

The Financial Services Authority (FSA) is urging firms to change their attitude to data security and do more to help prevent their customers falling victim to identity fraud and other types of financial crime.

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HSBC Loses Data

Banking giant HSBC is facing the prospect of an investigation by the City watchdog after admitting it had lost a disc containing details of 370,000 customers.

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So what is Information Security

 It is often said that Information Security is not an IT problem but a business problem. This is very true; however, this is not a reason to pass the buck. Information Security needs to be addressed and has many aspects. All areas of a company should be involved in implementing efficient Information Security.

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Security Quotes

All they need to do is to set up some website somewhere selling some bogus product at twenty percent of the normal market prices and people are going to be tricked into providing their credit card numbers.

Kevin Mitnik
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