Cyber-Ark warns 88% of IT workers would steal information if made redundant

Online Business No Comments »

Cyber-Ark says its survey of 300 IT security professionals shows that they would target information including CEO passwords, customer databases, financial reports, merger and acquisitions plans and lists of privileged passwords. Only 12 per cent say they would leave empty handed. Cyber-Ark co-founder and chief executive Udi Mokady recommends that companies secure sensitive information in [...]

Cyber-Ark warns of IT information theft

Online Business No Comments »

Cyber-Ark says its survey of 300 IT security professionals shows that they would target information including CEO passwords, customer databases, financial reports, merger and acquisitions plans and lists of privileged passwords. Only 12 per cent say they would leave empty handed. Cyber-Ark co-founder and chief executive Udi Mokady recommends that companies secure sensitive information in [...]

Scottish Life re-launches salary sacrifice support material

Online Business No Comments »

The material incorporates an online calculator, a technical guide for financial advisers, a guide for employers, a guide and ‘ready reckoner’ for employees and a series of presentations for both advisers and employers. Scottish Life says that salary sacrifice schemes provide an “attractive and cost-effective” pensions solution. Occupational pensions marketing manager Jamie Clark [...]

UK Elderly sitting on £726bn equity

Online Business No Comments »

The latest findings from Prudential’s Equity Release Index reveals that despite falling house prices, homeowners aged 65 and over still have billions in equity remaining - over 40 per cent of which belongs to those living in London and the South East.The average homeowner aged over 65 in the South West saw the value of [...]

UK Eldery sitting on £726bn equity

Online Business No Comments »

The latest findings from Prudential’s Equity Release Index reveals that despite falling house prices, homeowners aged 65 and over still have billions in equity remaining - over 40 per cent of which belongs to those living in London and the South East.The average homeowner aged over 65 in the South West saw the value of [...]

Hargreaves blames Prime Minister for “grim market”

Online Business No Comments »

He says that the Government has “screwed with the economy” and that despite his own firm’s resiliency, the outlook continues to look bleak for the UK.Hargreaves says all Brown has done is spend consistently in the past 10 years undoing the economy that he inherited.He says: “Brown is now reaping what he sowed in spades. [...]

Pimco to up bet on distressed debt

Online Business No Comments »

Bloomberg reports Newport Beach-based Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that has plunged in value since the mortgage meltdown began last year.
The new fund, dubbed Distressed Senior Credit Opportunities Fund, will invest in “senior” and “super-senior” securities backed by commercial [...]

More banks in trouble

Online Business No Comments »

A federal regulator said today the list of nationwide troubled banking institutions grew 30 percent to 117 in the three months ending in late June. That is largest number on the Federal Deposit Insurance Corporation’s watch list since the middle of 2003.
The FDIC doesn’t disclose the names of banks and thrifts on the list.
Sheila Bair, [...]

Impac stays on NYSE, for now

Online Business No Comments »

Impac Mortgage Holdings in Newport Beach said last week the New York Stock Exchange granted it four months to get its stock price above $1.
I was on vacation last week and have been catching up. To read the full release
As I write this, the stock is at 84 cents.
I feel compelled to keep updating readers [...]

Washington Mutual offers 5% CD

Online Business No Comments »

Washington Mutual over the weekend began offering a 13-month certificate of deposit at a 5% yield to customers in stores and online, up from 4.5% on Friday, the company said. The minimum deposit: $1,000.
The thrift’s Web site says online customers can also get a 12-month CD for 5%.
The 5% yield appears very attractive [...]

Copyright © 2008 Business. All Rights Reserved.