BizNews Blog

The majority of banks in the United States are in a great pressure to improve data security and customer accounts. Regulators urge banks to increase supervision after Citigroup Inc. on Wednesday (08/06/2011) local time, confirmed as many as 200,000 customers’ accounts in North America breached by hacker.

As a regulator, the Federal Deposit Insurance Corp (FDIC)) said that they were preparing new measures for data security in a more stringent banking. FDIC Chairman Sheila Bair, on Thursday (09/06/2011) local time, ordered some banks to strengthen authentication of transactions when customers access accounts online. Read it all..

Having previously dropped sharply, Yen steady shortly after the big earthquake in Japan on Friday (11/03/2011), while the euro rebounded against the US dollar, which fell after a downgrade Spain.

Yen falls to 83.30 against the dollar as dealers rushed away from the risk of earthquake, but recovered in the afternoon to 82.89 against the greenback, compared with 82.91 yen in New York late Thursday.

The euro was taken at 1.3807 dollars, compared with Read it all..