
Apr 14, 2009
(Mumbai, April 14 2009) In order to help financial institutions better manage their exposure, Oracle Financial Services Software today announced the availability of Oracle® FLEXCUBE Enterprise Limits and Collateral Management. Oracle FLEXCUBE Enterprise Limits and Collateral Management is an enterprise application that enables banks to achieve a holistic view of their exposure by helping them to
- Centralize collateral management, across the entire spectrum of offerings including
- Load,
- Trade Finance
- Treasury
- Overdrafts
- Limits definition & monitoring..
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Dec 2, 2008
An aggressive computer virus in November infected nearly three quarters of the computers on the largest U.S. military base in Afghanistan, according to U.S. News and World Reports.
The virus had appeared there in an earlier incarnation and exported information on troop movements. The story quotes unnamed authorities who believe it came from China, though it’s not clear whether it was that government’s doing or the work of private hackers.
According to the Los Angeles Times, however, Russian hackers could be involved. It says a massive malware attack hit hard within the U.S. Central Command, which oversees U.S. involvement in Iraq and Afghanistan, and it penetrated at least one highly protected classified network. It reports senior military leaders thought the incursion serious enough that they decided to brief the president about it.
Though the military is continually the target of hackers, the Times quotes one unnamed defense official saying:
This one was significant; this one got our attention.
A couple of weeks ago the military banned use of USB drives in an effort to stem the spread of viruses.