The announcement earlier this month that Microsoft and Sun Microsystems not only had agreed on a legal settlement of their long-standing antitrust, patent and licensing disputes but actually had forged an interoperability agreement seemed almost anticlimactic.
No longer solely about complying with regulations and protecting cost centers, risk management is being used by banks as a strategic tool to support product development and revenue-generation strategies. Collecting, storing and analyzing real-time data is the key.
As e-mail usage becomes a standard way of doing business in banking, security issues have become an increasingly complex matter. Financial services firms looking to minimize e-mail security risks need to put a plan into place.