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Data & Analytics News Updates, February 6th 2013

This week’s data and analytics news include CBA joining ODCA, Cbr Systems’ settlement with US FTC Systems over its data security breach, and Edinburgh police warning the public of a bank card scam.

February 06, 2013 | The Asian Banker Editor

CBA signs up with ODCA
Commonwealth Bank of Australia (CBA) has signed up with the Open Data Centre Alliance (ODCA) as an adopter member of the latter’s cloud and data centre roadmap. CBA will now gain access to ODCA’s usage models, which are designed to help members with data centre purchasing and planning decisions. In addition, the bank will also be able to assess new cloud technologies.

US FTC reaches settlement with Cbr Systems over security breach
US Federal Trade Commission settled charges with cord blood bank Cbr Systems after alleging that its weak security practices led to a security breach that exposed the Social Security numbers and credit and debit card numbers of nearly 300,000 customers in 2010, following the theft of a company laptop, hard drive and unencrypted backup tapes from an employee’s car.

Edinburgh police warns of bank card scam
Edinburgh authorities warned members of the public to beware fraudsters posing as police officers, after two Japanese tourists were recently targeted in a bank card scam. The tourists were approached by two men who claimed to be carrying out financial checks and asked to insert their bank cards and pin numbers into a device as part of inquiries. One of the tourists later found that cash had been taken from his bank account.


Re-disseminated by The Asian Banker

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Data & Analytics, Data Management, Risk & Performance

Keywords:CBA, US FTC