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Jan
07

Why Today’s Security Measures Just Don’t Cut It

From: Wired

By Steve Jones, Capgemin

The security challenges that businesses face on a daily basis are innumerable. In fact, we’ve spent the last thirty years securing all things imaginable – firewalls, antivirus, access and identity controls, biometrics, GRC, etc. However, today’s “hackers” are smarter than ever and companies need a more efficient way to stronghold their data.

For a hypothetical example, let’s take Bob, a systems administrator in a major bank with access to most of the core systems in FX trading.  He’s become disenchanted recently after a string of average performance reviews and is thinking about setting up his own niche FX platform with a friend in another bank.  He thinks that with the bank’s existing trading model and some adaptations they can create a smart little business.

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