building society in comment and analysis
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Woolly risk analysis is hastening a housing crash
Comment The Nationwide Building Society reported that UK house prices have recorded their largest monthly fall since 1991 and have fallen by 2.5 per cent during May. By applying greater sophistication to their risk management and lending decisions, banks... [03 Jul 2008]
Peter Cochrane's Blog: The one-box generation
Comment Changes in society brought about by technology always invoke challenges. The trick is to make change work for society and not against it. When they scan the building they can't see a TV set, so they conduct a search of the premises, and that's that. [26 Mar 2008]
Profile: Nottingham Building Society head of IT Jack Cutts
Comment It has to be, as he has been charged with a root-and-branch rip-and-replace project for the building society. Subsequently, he has had extensive experience with multi-channel retailing at Argos, Boots and travel company Gold Medal Travel, before... [11 Mar 2008]
Can biometrics secure the public's data?
Comment Ten years ago, it would have been unthinkable to have a society where bank cards had been replaced by iris identification, where passports were a thing of the past and school dinners were paid for using vein recognition. [23 Nov 2007]
How to insure your IT
Comment When the Nationwide Building Society recently suffered the theft of an employee's laptop containing unencrypted customer data, it found out just how quantifiable its risk was - the FSA fined it £980,000. [17 Jul 2007]
IT and compliance: A risk management 'odd couple'
Comment This probably would have saved the Nationwide Building Society the fine of almost a million pounds that it had to pay when a laptop containing unencrypted data was stolen from an employee's home. Danny Bradbury explains the dilemma. [02 Jul 2007]
Leader: A £1m message that goes out nationwide
Leader Last year, an unencrypted laptop was stolen from the building society during a burglary at an employee's house. Firstly, as a mutual building society, it could be argued the fine hits members a second time - when interest rates go up or down (on... [14 Feb 2007]
Opinion: Why I fear joined-up government
Comment At the forthcoming e-Crime Congress in March, this is a subject which will be examined by Cambridge University professor Ross Anderson and information commissioner Richard Thomas, who has already warned the UK may be "sleepwalking into a... [18 Jan 2007]
Brampton Factor: CIO ideology
Comment But is this ideology really working against the interests of society? The outcome is that almost the whole of society is tending to an increased emphasis on means rather than ends, along with evasiveness in respect of what ends are truly being served. [16 Jan 2007]
Leader: Phishers raise their game
Leader This morning news broke that the Nationwide building society had suffered the theft of a laptop which contained customer account information. The Financial Services Authority is currently investigating. [14 Nov 2006]
Peter Cochrane's Blog: What are the risks?
Comment Or has society become so simple-minded that it is no longer able to balance risk and opportunity, cost and benefit? Whilst the professions and individual groups have benefited enormously from the 'e-revolution', society as a whole may indeed have... [16 Oct 2006]
Compliance made easy
Comment The Chelsea Building Society already had a business intelligence system in place from vendor Infor, which it had used to build a financial model of the business over roughly 15 years. The head of risk at the Chelsea Building Society used BI... [10 Oct 2006]
The Professional CIO: Paul Burfitt, ex-CIO AstraZeneca
Comment Although 59-year-old Burfitt has officially retired from AstraZeneca he jokes he's not about to "sit in my chair and read books" and has set up his own independent consultancy as a strategic IS advisor to top company executives and IS leaders... [20 Sep 2006]
Peter Cochrane's Blog: China's a zero-sum game
Comment This is a coordinated and planned transformation of an entire society that can only occur if it is generating sufficient wealth. This nation is building a mega-economy from the bottom up and risk must surely be minimised. [18 Jul 2006]
Dan's China diary - day 21
Comment But if I had to give a round-up of what I've seen, I'd say that I'm amazed how fast the country is changing - the development of land, infrastructure, economy, education and society. This is still a society largely based around cash - only 10 per... [30 Jun 2006]
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