|
|
Advertise Contact SecurityWatch |
| Articles | Editorials | Reviews | News | InfoSec Directory | Releases | White Papers |
|
VoIP Articles - New to VoIP? VoIP Articles will help you understand what's important in VoIP. 
|
UK Investment Banks “Trading In The Wild” With Instant Messaging Publication date: Tuesday, 29 July 2003 Tuesday, July 29th, 2003, London – UK-based investment banks could be putting themselves at risk by allowing workers to use unregulated Instant Messaging (IM) networks to exchange business and financial information, according to research published today by Vanson Bourne Research and FacetTime Communications. Results show that around half of the UK investment community admits that IM use is widespread within their organisations, and that important transactions are being made via free IM networks including AOL, MSN and Yahoo! The survey questioned the IT departments in 50 leading UK corporate and investment banks on the use of IM technologies. The responses show that IM is a technology widely used but poorly controlled among leading institutions. The ‘real-time’ nature of IM makes it the perfect tool for traders to exchange information in small informal networks, spanning continents and time-zones. However, policies on managing and tracking these communications remain unclear, according to the research. Glyn Baker, UK Director of Business Development, FacetTime said: “Headline financial transactions are being done ‘in the wild’. While unregulated conversations are harmless fun for the consumer, they have severe implications for the financial services industry, with its strict corporate governance standards.” - ENDS - To receive a full copy of the report or if you have any questions, please contact: Chris Gent/Jon Lonsdale Tel: 01753 672755 Fax: 01753 741076 Email: About FaceTime Communications Founded in 1998 with an early vision to integrate instant messaging into the enterprise, FaceTime Communications is the most widely deployed provider of IM security and management solutions, which address network and information security, regulatory and corporate compliance, and call center customer service. FaceTime's award-winning solutions are used by over 250 customers, including 32 of the largest financial institutions and 7 of the 8 largest U.S. banks, such as Bank of America with 140,000 licensed seats alone. Other leading cable, energy, entertainment, healthcare, insurance, technology and travel customers include Alaska Airlines, Amica Insurance, BankOne, Citigroup, Dominion Energy, Hewlett-Packard, Jefferies & Co, Soundview Technologies, Thomas Weisel Partners, Toronto Dominion Bank, Wachovia Securities and Western Union. A renowned pioneer, FaceTime was the first company to provide multi-network access to public IM networks for AOL, Microsoft and Yahoo! while also providing interoperability with such private and enterprise IM networks as Communicator Inc., IBM Lotus, Jabber, Microsoft, Reuters and Yahoo!. Headquartered in Foster City, California, FaceTime can be reached at www.facetime.com, 00, or via IM screen name FaceTimeLive. About Vanson Bourne Information is the key to the success of any business today, and never more so than in the IT industry. Incorporated in 1999, Vanson Bourne is a specialist IT Imarket research consultancy that offers clients analysis and advice based on incisive and rigorous research into their market environment. |
Tuesday, September 20, 2005 Network Security
GFI MailArchiver for Exchange - Easily archive Exchange Server mail & comply with Sarbanes Oxley - Free evaluation available. Network Security Software - Sponsored by GFI Network Security. Check your website security with Acunetix Web Vulnerability Scanner. Audit your web applications for SQL injection, cross site scripting & more. Download trial! Wireless Security
Press Releases
|
| Copyright © 2000 - 2005 eBCVG IT Security | Affiliates :: RSS feeds :: Privacy |