In an unusual form of phishing, hackers cracked the computers hosting the Web sites of three Florida banks, redirecting banking customers to a bogus homepage in order to steal account information and other personal data.ElectroNet Intermedia Consulting, the Tallahassee, Fla., service provider that hosts the sites of Capital City Bank, Wakulla Bank and Premier Bank, [...]

EEye Digital Security has released a temporary patch for a zero-day vulnerability in Internet Explorer that is being used by malicious Web sites to install spyware on users’ computers, officials said Tuesday. The eEye patch is meant as a placeholder until Microsoft Corp. releases a permanent fix, which is expected by April 11, Marc Maiffret, [...]

It is my opinion that email archiving is about to become a requirement for all financial institutions.
The regulators often times do not look into how long an institution is keeping their emails. Their main concerns are standard backup scenarios. [tag]Tapes[/tag], DVDs, NAS devices, whatever…as long as everything gets backed up, they don’t drill down. But [...]

Michael Vizard at BASELINE (The Project Management Center)
Is electricity the next scarce I.T. resource?
With the price of oil forecast to stay above $50 per barrel over the next seven years, the time has come to start thinking long and hard about what impact the cost of electricity is going to have on information-technology budgets. For [...]