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TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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New Cell Phone Warning
As firms increasingly supply their bankers and key employees with the latest in smartphone technology, hackers have stepped up their malware attacks. According to U.S. computer security software maker McAfee, malware targeting Android devices has jumped 76% since the last quarter, making Android the most attacked mobile operating system. Google's Android operating system-based malware surpassed Nokia's Symbian as the most popular target for mobile malware developers. [Reuters, 11/23/11]
C-I Take Away. Firms will benefit by talking pro-active control measures. For starters:
- Train employees on secure use of the devices.
- Ascertain when and how employees use their smartphones for business.
- Ascertain what business-related information or data resides on every smartphone - and tag the information for confidentiality.
- Determine whether smartphones are used to link into the firm's IT system and database, and to what extent this exposes the firm to transmitted Android malware.
It's a never-ending list, and a never-ending security process. BE READY!

