Feeds

Bank of Ireland chief quits over PC porn

Compromised during 'routine maintenance'

  • alert
  • submit to reddit

The Power of One Infographic

The chief executive of the Bank of Ireland, Michael Soden, has quit his job after porn was found on his company PC. Shares in the bank have been buoyed up by the news, which has sparked speculation of a takeover.

The material was discovered during routine maintenance of his machine, and the results of the internal investigation were leaked to a local newspaper.

There is no suggestion that any of the material was illegal, but it was forbidden under bank policy. "I now accept that accessing this material was inappropriate and would cause embarrassment to Bank of Ireland," Soden said in a statement.


According to financial news site FinExtra, as well as checking out naughty pictures, Soden also visited a site advertising an escort agency in Las Vegas.

All in all, it was not a good weekend for Irish banks. Tax evasion by senior executives at Allied Irish Banks (AIB) was exposed on Friday, prompting some calls for the resignation of AIB Chief Executive Michael Buckley.

And Taoiseach Bertie Ahern said the reputation of the banking industry was at stake. He told reporters for Irish state broadcaster RTE: "I do not want to see the Irish financial institutions ridiculed internationally." ®

Related stories

Danish IT firm gives workers free Net porn
Regulator fines Net sex firm
Hardcore Web porn banned down under
I Know You Have Porn on your PC

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.