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Archive for February, 2007

Maxed Out | Movie about Debt

The Community February 27th, 2007 View Comments

New movie is coming out in some indie theatres at the beginning of March and I definitely want to try and catch it. It is playing here in Dallas at the Inwood Theatre but I’ll be out of town but it looks like it’s playing there on the same day! Lucky me.

I do believe credit card companies and banks do feed off and profit from people’s inherent lack of financial responsibility. We need to find ways to help these people instead of kicking them while they are down. I heard there are going to be some good experts in this movie from the industry so I hope for some good insight. Maybe it’ll be financial industry equivalent that ‘Super Size Me’ was to the food industry.

Here’s the trailer:

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Tap the break on site-authentication?

The Community February 6th, 2007 View Comments

This is some interesting research that I haven’t heard before. The gist of the article is that banks considering implementing site-authentication solutions should pause to reconsider. This initial research seems to point to these methods being somewhat ineffective. This makes me curious. I wonder if information of this sort will spawn similar thinking throughout the industry. I wonder if/how regulators might react to information like this. If nothing else, its something else to keep in mind in terms of assessing risks. If your institution has a similar solution it might be a good time to make sure management has had a chance to evaluate the risk and update your risk assessment accordingly. “

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Should banks be watching their employees home computers?

The Community February 5th, 2007 View Comments

You see it more and more every month. People are beginning to work from home just as often as at the office. The Internet has been a great enabler of this and will only increase in the future. But the question is now becoming if employers should be concerned with the computers employees are using at home to do work. Many businesses take the position of offering company-approved laptops to their remote employees but many more do not. And besides, now with ‘software-as-a-service’ skyrocketing in popularity it doesn’t matter which machine they use anymore. This, therefore, opens up businesses to remote employees connecting to them with unpatched, untested, virus filled systems.

So now that I’ve probably freaked you out let me tell you why this would be a positive.

1) (And most obvious) It would protect the business all the more.

I wouldn’t think you would have to go to the same scrutiny as the office machines but at the very least, make sure they are updating to the latest patches, running anti-virus (use the free AVG if they aren’t), and get the system immunized and checked for spyware.

2) What a great benefit for the employees!

Employees would appreciate that their employer cares enough about them to check their own systems and ensure they are protected from the bad guys out there. They don’t want their own financial info stolen just as badly as you. You might even want go as far as allowing your employees to use your IT staff to help with computer problems that they are having at home. With company’s like Google offering free meals, workout facilities, massages, and more…you have to find a way to keep your employees happy.

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