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Compliance and security news

News from the world of compliance and security.

14 Feb 2007
Building Society fined over security breaches
The UK Financial Services Authority has fined the Nationwide Building Society £980,000 following the theft of a laptop that contained confidential customer data. Full story from BBC >>
9 Feb 2007
Bank fined for monitoring violations
Nyse Regulation has fined Deutsche Bank Securities (DBS), the US arm of Germany's Deutsche Bank, $1.275 million for supervisory violations including the failure to monitor its computer systems and detect the misuse of confidential data. Full story from Finextra.com >>
26 Jan 2007
FSA publishes MiFID rules
The UK Financial Services Authority has published its Handbook text for MiFID, which takes effect on 1 November 2007. FSA press release >>
18 Dec 2006
System administrator jailed for logic bomb
A former systems administrator for UBS PaineWebber was sentenced to over eight years in jail and fined $3.1 million for leaving a logic bomb on UBS' systems. Full story from SC Magazine >>
14 Dec 2006
100 million records exposed since Feb 05
Privacy Rights Clearinghouse reports that more than 100 million records have been exposed since the ChoicePoint data breach. Full story from SC Magazine >>
14 Dec 2006
Global businesses at "compliance breaking point"
New research warns that businesses are struggling to implement security compliance requirements. Full story from vnunet.com >>
13 Dec 2006
Massive security breach at UCLA
UCLA has warned 800,000 current and former students that their personal details might have been exposed to a hacker. Full story from The Register >>
13 Dec 2006
Stolen laptop puts privacy of 382,000 at risk
A Boeing Co. laptop containing the names and Social Security numbers of 382,000 workers and retirees has been stolen. Full story from the Globe and Mail >>
12 Dec 2006
Two big retailers settle with BSA on software piracy complaints
Retailers paid a combined total of nearly $425,000. Full story from Computerworld >>
22 Nov 2006
Banks face growing threat of identity theft from insiders
Reuters reports that banks are only just waking up to the physical threat of client information by people in the office. Full story from news.com >>