By J. Essinger
This ebook presents a different in–depth specialise in how monetary agencies and providers of machine safeguard are at present addressing – in strategic phrases – the matter of computing device security.
Written in a simple to learn, non technical sort the ebook is key interpreting for all these fascinated about the administration of this delicate quarter, from machine defense managers, monetary administrators and bosses to analysts and architects in monetary software program houses.
The document analyses the pc defense standards of a large choice of corporations within the monetary companies zone, starting from retail, advertisement and funding banks to monetary buying and selling and funding administration organizations.
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Additional info for Computer Security in Financial Organisations
Like highwaymen, they have been most undeservedly glamourized in the popular imagination as daring heroes, when in fact they are nothing more than malevolent thieves. "Even as late at the 1960s and 1970s banks relied very heavily on physical transfer of funds between themselves. In those days, armed robbery could be a very profitable way of earning a living for those unscrupulous enough — and sufficiently unintimidated by the prospect of spending many years behind bars — to venture into it. "Since the late 1970s, however, money has mainly been moved between banks electronically.
This is precisely why computer crime is so dangerous for financial organizations, who will only be alerted to the dishonesty of a particular person when that person chooses to stray from the straight and narrow. What is more, even with the benefit of hindsight the indications that these apparently trustworthy people were going to become dishonest are extremely difficult to identify. "So why do these people make the momentous decision to turn against their employers? There is no simple answer to this.
49 Computer Security and Tlte Law This chapter is in three sections. The first part consists of an an article by Mark Tantam of Touche Ross. This article expands the introductory discussion above into an in-depth analysis of the problems and challenges faced by any attempt to legislate on computer security. Tantam has invested ids article with his extensive practical experience in investigating computer misuse, and — where computer-related fraud was involved — providing prosecuting counsel with evidence (often involving visual aids for the benefit of juries) to illustrate the mechanics of how the alleged crime took place.