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[News] Union Bank Chose Linux, Explains Why

Q&A: Why Union Bank scrapped AIX for Red Hat

,----[ Quote ]
| Recently, Mok Choe, CTO at Union Bank in Monterrey Park, Calif., spoke
| with Network World Senior Editor Jennifer Mears about the financial
| institution's decision to scrap proprietary Unix systems for
| commodity servers running Red Hat Linux.
`----

http://www.linuxworld.com/news/2007/022607-your-take.html?fsrc=rss-linux-news


related:

Union Bank of California to Standardize on Red Hat

,----[ Quote ]
| ...Union Bank of California, one of the 25 largest banks in the
| United States, will standardize its IT infrastructure on
| Red Hat Enterprise Linux. 
`----

http://biz.yahoo.com/bw/070129/20070129005032.html?.v=1


Swedish bank hit by 'biggest ever' online heist

,----[ Quote ]
| Haxdoor typically installs keyloggers to record keystrokes, and
| hides itself using a rootkit. The payload of the .ki variant of
| the Trojan was activated when users attempted to log in to the
| Nordea online banking site. According to the bank, users were
| redirected to a false home page, where they entered important
| log-in information, including log-in numbers.
`----

http://news.zdnet.co.uk/security/0,1000000189,39285547,00.htm


Webster Bank Chooses Centrify to Streamline Audits and Centralize
Administration of UNIX and Linux Access Control

,----[ Quote ]
| Webster Bank is deploying Centrify DirectControl on over 150 UNIX and
| Linux servers that are used to support employees and customers at 160
| Branches and over 308 ATMs in Connecticut, Massachusetts, New York and
| Rhode Island. With total assets of $18.0 billion and 3600 employees,
| Webster Bank is the 42nd largest bank in the US.
`----

http://www.tickertech.com/cgi/?a=news&ticker=a&w=&story=200610200610101100PR_NEWS_USPR_____SFTU101


Microsoft takes it to the bank

,----[ Quote ]
| Is the world ready for Microsoft Banking? Banks are traditionally
| very conservative with their software and hardware choices, and
| most still rely on expensive mainframes with multiple levels of
| failure protection. However, banks are also making a huge push
| to expand into other services, such as investment planning, and
| all these new services require new software. If they are
| successful, Microsoft will be laughing all the way to the, er, bank.
`----

http://arstechnica.com/journals/microsoft.ars/2006/11/14/5956

But see below:

Botnet 'pandemic' threatens to strangle the net

,----[ Quote ]
| Cerf estimated that between 100 million and 150 million of the
| 600 million PCs on the internet are under the control of hackers,
| the BBC reports. "Despite all that, the net is still working,
| which is pretty amazing. It's pretty resilient," he said.
`----

http://www.theregister.co.uk/2007/01/26/botnet_threat/

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