There have been ongoing debates as to the quantum of container detention fees charged by shipping lines. This has been a controversial issue, as many are of the view that the heavy fees imposed do not constitute a genuine pre-estimate of ...
Tags: Container Detention Fees, Penalty, Service
It's vital for the IT department to get executives on the company board to properly understand security threats if maximum possible security against cyber attacks is going to be achieved. That was the consensus between experts during a ...
Tags: Computer Products, software
A new type of Trojan horse computer virus could result in mass attacks on banks, exposing the personal details of an unprecedented number of online banking customers. Discovered by security software provider Kaspersky Labs, the Neverquest ...
Tags: warning, mass, Trojan, attack, against, online, bank, customer
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile
British multinational life insurance company Aviva and Bank Zachodni WBK have reached an agreement to expand their ongoing strategic partnership in Poland until 2033. As per terms of the agreement, the UK-based insurer will increase its ...
Tags: Aviva, Zachodni WBK
Security researchers from Russian cybercrime investigations firm Group-IB have uncovered a cyberfraud operation that uses specialized financial malware to target the customers of several major Australian banks. Over 150,000 computers, ...
Britain’s third largest supermarket Sainsbury has taken full control of Sainsbury’s Bank, after acquiring the remaining 50% shareholding from Lloyds Banking Group for 248M. Sainsbury: banking on the growth of its financial ...
Tags: Sainsbury, Agriculture
Nationwide Building Society has been hit by an IT glitch, with many of its customers flocking to social network Twitter to show their frustration. Chelsey Strode tweeted "thanks Nationwide for being a massive inconvenience", while Chloe ...
Tags: Computer Products, software
According to a new report from Gartner, hackers are adapting distributed denial of service (DDoS) attacks and combining these with social engineering tactics to try and infiltrate banks. The report, called Arming Financial and E-Commerce ...
A report by Gartner predicts that the number of sophisticated attacks on e-commerce and financial industries will increase in 2013. According to Gartner, during these incidents attackers will send out targeted commands to the memory of ...
Tags: e-commerce industrie, financial industrie, applications
Hardly a day goes by without a story about the UK banking community messing up in some way or other. Some of the highest profile stories of the year have been around banks side-stepping regulation and fixing the markets for their own ...
Tags: UK banking community, profile stories, banks, benefit
The Treasury Committee requested that RBS chief executive Stephen Hester provide a detailed explanation of what went wrong at the bank to cause its ongoing IT issues. In a letter to the bank, Andrew Tyrie, chairman of the Treasury ...
Tags: RBS, MPs, IT Explanation
Royal Bank of Scotland (RBS) and NatWest customers are still facing technical issues as an IT failure continues to cause havoc for the banking group. Bank customers first found their RBS and NatWest services were unavailable at lunchtime ...
Tags: RBS, NatWest, technical issues, IT failure
Some Royal Bank of Scotland (RBS) and NatWest Bank customers cannot access online services as the banking group experiences a computer problem. RBS and NatWest are part of the same group and they share many systems. According to Sky ...
Tags: RBS, NatWest Bank, online services
The Co-operative is the latest bank to launch a mobile banking service after signing a three-year deal with mobile banking supplier Monitise. The smartphone app is available to all the bank’s registered internet customers and those ...
Tags: mobile banking service, Monitise, UK