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[News] National Australia Bank Frustrated with Security Issues, Liability/Scrutiny Sought

  • Subject: [News] National Australia Bank Frustrated with Security Issues, Liability/Scrutiny Sought
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 15 Aug 2007 00:32:59 +0100
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
Software security needs more scrutiny: NAB

,----[ Quote ]
| Since establishing a technology risk and security team more than two years 
| ago, the National Australia Bank (NAB) has delivered a scathing report on the 
| insecurity of enterprise software, including that provided by information 
| security vendors themselves.   
`----

http://www.linuxworld.com.au/index.php?id=1610498720&rid=-50

The use of Linux live CDs was proposed (see below).

Honesty the best online policy

,----[ Quote ]
| Regular columnist Bill Thompson says firms should tell customers when their 
| computer security has been breached. 
`----

http://news.bbc.co.uk/1/hi/technology/6944435.stm


Related:

Experts are calling for product liability for software

,----[ Quote ]
| "Product liability does not apply to software," Gerald Spindler
| of the Faculty of Law of the University of Göttingen complained.
| "But what if a whole company comes to a standstill due to faulty
| software?" he mused.
`----

http://www.heise.de/english/newsticker/news/86932/from/rss09


,----[ Quote ]
| Ah, from the horse's mouth: Microsoft just might be held legally 
| responsible for selling software that is insecure.
`----

http://www.groklaw.net/article.php?story=2006112223522439


Secure web browsing through Live Linux distros

,----[ Quote ]
| Banking isn't the be-all and end-all: there's many other reasons you'd 
| want a secure system, separate from what's on the hard disk, besides 
| Internet banking. Traveller's can't necessarily trust the integrity of 
| a computer in an Internet cafe.
`----

http://www.itwire.com.au/content/view/13292/53/


NZ banks demand a peek at customer PCs in fraud cases

,----[ Quote ]
| The code also adds: "We reserve the right to request access to your computer 
| or device in order to verify that you have taken all reasonable steps to 
| protect your computer or device and safeguard your secure information in 
| accordance with this code.   
`----

http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9025780&intsrc=news_list


Linux FlyBuys into financial transactions

,----[ Quote ]
| Linux may be an operating system synonymous with a flightless
| bird, but Loyalty Pacific, the company behind popular retail
| loyalty and rewards program FlyBuys, has announced it will
| jet its infrastructure to open source software.
`----

http://www.linuxworld.com.au/index.php/id;668053298;fp;2;fpid;1


FNB [South African Bank] switches 12 000 desktops to Linux

,----[ Quote ]
| With 12 000 desktops switching to Linux this is very likely the 
| most significant Linux and open source implementation in South 
| Africa to date.
`----

http://www.tectonic.co.za/view.php?id=1562


Swedish bank hit by 'biggest ever' online heist

,----[ Quote ]
| Haxdoor typically installs keyloggers to record keystrokes, and
| hides itself using a rootkit. The payload of the .ki variant of
| the Trojan was activated when users attempted to log in to the
| Nordea online banking site. According to the bank, users were
| redirected to a false home page, where they entered important
| log-in information, including log-in numbers.
`----

http://news.zdnet.co.uk/security/0,1000000189,39285547,00.htm


Online banking fraud 'up 8,000%'

,----[ Quote ]
| The UK has seen an 8,000% increase in fake internet banking scams
| in the past two years, the government's financial watchdog has warned.
|
| The Financial Services Authority (FSA) told peers it was "very concerned" 
| about the growth in "phishing".
`----

http://news.bbc.co.uk/1/hi/uk_politics/6177555.stm


Botnet 'pandemic' threatens to strangle the net

,----[ Quote ]
| Cerf estimated that between 100 million and 150 million of the
|                             ^^^^^^^^^^^^^^^^^^^^^^^^^^^
| 600 million PCs on the internet are under the control of hackers,
|                                     ^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| the BBC reports.
`----

http://www.theregister.co.uk/2007/01/26/botnet_threat/

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