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hsbc

HSBC hit by broad denial-of-service attack

If you haven't been able to log into your HSBC online banking account today, you're not alone.

The multinational bank based in the U.K. confirmed this afternoon that it has become the target of a denial-of-service attack that overwhelmed its servers.

This denial-of-service attack did not affect any customer data, but did prevent customers using HSBC online services, including Internet banking.

We are taking appropriate action, working hard to restore service. We are pleased to say that some sites are now back up and running.

We are cooperating with the relevant authorities and will cooperate with other … Read more

HSBC could order 200,000 iPhones

Global banking giant HSBC is considering ditching the BlackBerry and adopting Apple's iPhone as its standard staff mobile device, a move that could result in an order for some 200,000 iPhones.

"We are actually reviewing iPhones from a HSBC Group perspective...and when I say that, I mean globally," Brenton Hush, HSBC's Australia and New Zealand chief information officer, told ZDNet.com.au this week.

HSBC has some 300,000 staff internationally. A decision to standardize on the iPhone on its corporate networks would likely lead to one of the world's largest iPhone orders.

"A decision on a piece of hardware like that would potentially be deployed, conservatively, to 200,000 people," Hush said. "You know, it's a big decision, especially when you have an existing fleet out there."

"But it's definitely something we are considering from a HSBC Group perspective," he said. "We always explore the potential application of new technologies, and this is no different."

Should HSBC select the iPhone as its official corporate mobile device, the decision would be a major blow to Research In Motion, maker of the BlackBerry, which is HSBC's current standard staff mobile. … Read more

Identity theft study reveals HSBC, BofA, Wamu top targets

Customers of HSBC, Bank of America, and Washington Mutual suffer the highest rates of identity theft in the banking industry, according to an investigative study released Wednesday by a UC Berkeley Law School researcher.

The Federal Trade Commission received over 245,000 reports of identity theft in 2006, but does not typically publish the names of the financial firms and companies listed in the reports. Through an extensive Freedom of Information Act request, Chris Hoofnagle, a staff attorney at UC Berkeley's Boalt School of Law, was able to get detailed records on the individual consumer complaints.

Hoofnagle received detailed … Read more