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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

Companies spend millions of dollars on firewalls and secure access devices, and it\'s money wasted because none of these measures address the weakest link in the security chain: the people who use, administer and operate computer systems.

Kevin Mitnik
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