Articles about Broker

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Software bug costs Citigroup $7m after legit transactions mistaken for test data for 15 years

A programming blunder in its reporting software has led to Citigroup being fined $7m (£5m). According to the US Securities and Exchange Commission (SEC), that error [PDF] resulted in the financial regulator being sent incomplete "blue sheet" information for a remarkable 15 years – from May 1999 to April 2014. The mistake was …
Kieren McCarthy, 13 Jul 2016

Even Silicon Valley rolls its eyes as controversial Zenefits ex-CEO reveals he's back in business

It's a Silicon Valley trope, even a badge of honor, that failure is good. Fail fast, fail often. Learn from failure. There are even failure-based meetups where would-be Zuckerbergs share tales of having done miserably. But former Zenefits CEO Parker Conrad is pushing the envelope on what even Silicon Valley is willing to …
Kieren McCarthy, 06 Jul 2016
Lawyer up

Broker DP Data shuts up shop after HP's lawyers took a bite out of them

Grey broker DP Data Systems is facing a trademark infringement case brought by Hewlett Packard that ultimately convinced management to pull down the shutters, the business has claimed in its latest financial filing. As exclusively revealed by El Reg, the Manchester based wholesaler of HP, Cisco, IBM, Juniper and Lenovo shut up …
Paul Kunert, 30 Jun 2016
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NHS e-prescription problems persist after Cegedim fixes fault

The issues affecting the NHS electronic prescription service (EPS) which began on Monday 6 June have still not been fully resolved, despite supplier Cegedim anticipating they would be “completed over the weekend.” While new prescriptions are being processed through Cegedim at the moment, those issued during the fault have got …
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Hackers targeting SWIFT banks also targeted US moneymen: Hedge funds at risk

The Lazarus Group of hackers, blamed for a recent run of attacks against mainly Asian banks linked through the SWIFT network, is now suspected of targeting a mid-market US bank. Evidence uncovered by threat detection firm eSentire suggests that the Lazarus crew (which is also the chief suspect in the 2014 Sony Pictures hack) …
John Leyden, 13 Jun 2016
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NHS e-prescription service goes TITSUP: Problems since Monday

The NHS electronic prescription service (EPS) has barely been working since Monday, and is still suffering a Total Inability To Support Usual Performance in many parts of England, thanks to problems with system supplier Cegedim. The EPS allows General Practitioners to send patients' prescriptions electronically to a pharmacy, …
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Why everyone* hates Salesforce's Marc Benioff

Opinion Technology has been replacing men with machines for over 200 years. It’s a good thing, except for the men and women whose jobs get replaced. We laugh at the Luddites who sought to destroy power looms and frames in the 1810s. We thrill to Mary Shelley’s story from that same decade, of science as a malevolent force creating …
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'Grey tech' broker DP Data Systems has gone titsup

DP Data Systems has given up the ghost just months after committing to quit the grey market in favour of “authorised” tech. The company’s website stated, “Sorry we have now ceased trading”. Suppliers and customers were then directed to email addresses of the firm's accounts and credit control departments respectively. Back in …
Paul Kunert, 25 May 2016
Edward Snowden and Julian Morrow at Think. Image Darren Pauli / The Register

Snowden: NBN leaker raids a 'misuse' of Australian Federal Police

National Security Agency (NSA) leaker Edward Snowden has opined that last week's National Broadband Network (NBN) raids in Australia last week are a misuse of the Australian Federal Police (AFP) power. Snowden appeared via satellite link in the Australian city of Melbourne last night, live from Russia where he resides under …
Darren Pauli, 23 May 2016

Cloud security 101: Get a little more intimate with your provider

You can get many different services in the cloud these days, and cyber security is among them. These days, cloud service providers will take care of everything from email scanning through to watching where your employees surf (and stopping them from going there, if necessary). Most of them claim to do a better job than the …
Danny Bradbury, 16 May 2016
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Red Hat bets on RHEL to sell its OpenStack elastic enterprise

Cloud killing on-premises kit for enterprise IT providers? Yes if you’re IBM, no if your name’s Red Hat. At least, according to Red Hat. Wall Street’s money men are shocked – shocked, I tell you – to discover Amazon with AWS is now number two on a list of enterprises’ mega-critical IT suppliers. IBM? Not so much. A firm with …
Gavin Clarke, 20 Apr 2016
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HMRC Verify is '2nd class'

HMRC's new Personal Tax portal won't work fully with new ID system Verify. You can do your personal tax management online, but the GOV.UK webpage warns "you won’t be able to use some services" if you use Verify. Instead you’ll need the Government Gateway to get all the services, HMRC warns. It’s a further blow to the Cabinet …
Andrew Orlowski, 18 Apr 2016
retro cartoon featuring two men fighting against cloud backdrop

Intel bins ESXi in in-house private cloud revamp

Intel's decided it can do without VMware's ESXi hypervisor as part of a big upgrade of its private cloud. Chipzilla's a Platinum Member of the OpenStack Foundation and therefore has a seat on the project's board. The company's also been building an OpenStack private cloud since around 2011, but built a customised …
Simon Sharwood, 14 Apr 2016
Selection of Australian banknotes

Retirement funds breached as crims target brokers' un-patched Windows machines

ACSC 2016 Australians are having their retirement savings accounts drained as hackers move to breach broker platforms rather than the tougher target that is banking infrastructure. The Australian Federal Police AFP are investigating a spike in breaches against devices used by brokers who administer boutique, "self-managed" …
Darren Pauli, 13 Apr 2016
Mammatus clouds by Craig Linsday, CC 3.0 licence

Ever heard of 'multi-cloud'? Get with cool kids – it's the New Big Thing™

Comment Hybrid cloud is so yesterday – multi-cloud is where it’s at. Spreading your cloud apps between different providers is now becoming a trend. Four in five firms were using multi-cloud services last year, according to cloud firm RightScale. Six in 10 UK companies used more than one provider, said Adapt a year earlier. There are …
Danny Bradbury, 15 Mar 2016
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Broker DP Data Systems calls time on selling grey imports

Manchester-based broker DP Data Systems will no longer trade in “grey” market tech, according to its boss. Of course, this will only be the case once a new home is found for existing inventory already in the warehouse. The company told us it has just “ceased” buying grey market kit, which IT vendors term as any product …
Paul Kunert, 07 Mar 2016
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IBM is to cut more than 1 in 8 from its UK Labs, say sources

IBM is taking the knife to the UK Labs team with more than one in eight staffers expected to get the chop, insiders have told us. The “Resource Actions” are expected to see 123 out of 900 divisional employees get made redundant following the start of a 45-day redundancy notice period. An Employee Consultation Committee has …
Paul Kunert, 29 Feb 2016
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San Francisco* to get 1Gbps Google Fiber

Google has announced that its Fiber gigabit internet service will finally be arriving in San Francisco. Sort of. The Mountain View advertising broker said that it has signed on to be the ISP for a handful of apartments and condos where fiber lines have already been laid. The move will likely limit the reach of Fiber service …
Shaun Nichols, 24 Feb 2016

Can Qualcomm broker a peace deal between LTE and Wi-Fi in unlicensed spectrum?

MWC16 Here’s something you wouldn’t expect to see at Mobile World Congress: LTE and Wi-Fi service providers and vendors together in a room, clinking champagne glasses to celebrate a new technology that will allow the two wireless standards to use the same band of unlicensed spectrum. So it was at the MulteFire Alliance launch on …

Mobile World Congress 2016: Rolling updates

MWC16 Refresh this page for breaking news from Mobile World Congress 2016. This is LTE Broadcasting... Wouldn’t it be nice if mobile networks did proper one-to-many multicasting? And even nicer if they were handed chunks of plump, juicy spectrum to do it in? Ericsson thinks so too, and promoted http://www.ericsson.com/news/1988292 …
Team Register, 22 Feb 2016
America

NSA spying on US and Israeli politicians stirs Congress from Christmas slumbers

After two years of doing little about the mass surveillance revealed by Edward Snowden, the US Congress has sprung into action in less than two days – with investigations into the NSA spying on some the legislature's members. On Tuesday the Wall Street Journal reported that conversations between members of Congress and senior …
Iain Thomson, 31 Dec 2015
Keep Calm and Adopt Platform-as-a-service

UK government names Cloud Foundry Her Majesty's preferred PaaS

The UK's Government Digital Service (GDS) has named Cloud Foundry as its preferred platform-as-a-service. Cloud Foundry saw off Deis and Tsuru, the latter providing the most robust competition on the grounds of simplicity, modularity and responsiveness from the development community. “The maturity of Cloud Foundry, as well as …
Simon Sharwood, 21 Dec 2015
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Brocade wrings profits from a steady-as-she-goes business

Analysis Brocade has jogged along nice and evenly for four years now, at around $2.25bn annual revenues with steadily rising profits, and its fiscal 2015 added a similar fifth year of pretty decent results. It saw $2.26bn in revenues and a $340m profit, while in full year 2014 it saw $2.21bn in revenues and a $238m profit, indicating …
Chris Mellor, 25 Nov 2015
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How cyber insurance actually works

A couple of weeks ago El Reg carried an article by Mark Pesce about the likely evolution of Cyber Insurance. Reg reader and insurance industry veteran Tom Whipp agreed with most of his sentiments, but wasn’t so keen on his conclusions and demanded his stint on the Reg soapbox. So, take it away Tom. I’ve worked in security and …
Tom Whipp, 23 Nov 2015
Archer cracks the ISIS mainframe's password

Speaking in Tech: Anonymous’s ‘total war’ on ISIS – how effective can it be?

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, Eddie and Greg (with Sarah taking a well-earned rest) talk Netflix, net neutrality, Anonymous, Open Source and more. Our special guest this week is Justin Warren of PivotNine. And here are the details: (1: …
Team Register, 18 Nov 2015
Ceph_basic_Scheme

Will open source storage make the hyperscale dream real?

Open-source software has become an important presence in many areas of IT, and now, as storage increasingly becomes software-defined storage, it is storage's turn. The darling of the open-source storage movement – though it is by no means the only viable and popular option – is Ceph. A unified storage platform originally …
Bryan Betts, 09 Nov 2015
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IBM bets on cloud broker with Gravitant buyout

IBM has bought an 11-year-old firm promising cloud brokerage services to sustain the move to hybrid IT. The giant has snapped up Gravitant for an undisclosed sum, it said on Tuesday. Gravitant will be folded into IBM’s mighty Global Services unit and integrated the firm’s capabilities with Software-as-a-Service offerings. …
Gavin Clarke, 03 Nov 2015

Exploit devs allegedly bag $1m for 'secret' iOS 9.1 untethered jailbreak

An unnamed team of hackers has apparently received a million-dollar payout for disclosing a trio of iOS 9.x and Google Chrome security bugs to private zero-day buyer Zerodium. However, only people willing to pay Zerodium a subscription will get to see how the remote browser-based untethered jailbreak works: the company won't …
Darren Pauli, 03 Nov 2015
Google's gRPC lets you make remote calls as if they were local

Another go at remote objects: Google gRPC hits beta

Google's gRPC project has reached beta status, according to a post by product manager Mugur Marculescu, who adds that it "opens the door for gRPC use in production environments". The open source project aims to simplify distributed application development, where clients call services running on one or more remote servers. Here …
Tim Anderson, 27 Oct 2015

Brocade targets mobile operators with net monitor suite

Brocade has announced a network monitoring and management solution it hopes will attract the eye of LTE network operators. Speaking to The Register's networking desk, Brocade's Phil Coates said the company is, in particular, addressing the shortcomings of traditional iron-based network monitoring systems. Something like a …

Of course you can text and call while driving – it's perfectly safe

We are often lectured not to talk or text while driving, yet increasingly, our cars are doing it all the time. The connected car is finally here, and it is the ultimate distracted driver. While getting you from A to B, it is also monitoring its own tyre pressure and adjusting its suspension accordingly. It is ready to call the …
Robin Birtstone, 21 Oct 2015

Oracle points patching firehose at 154 vulnerabilities

Sysadmins forced by circumstance or folly to support Java can get busy again, with 25 fixes for the product among the Scarlet Letter's regular patch notice. The good news is that Oracle says none of the vulnerabilities in its mammoth bug-splat had been exploited as of 19 October. The fixes to Java SE and Java SE Embedded …
Hyundai Android Auto

Porsche-gate: Android Auto isn't slurping tons of engine data, claims Google – but questions remain

Google has flatly denied that its Android Auto car dashboard software slurps too much information from vehicle engines. It was earlier claimed that Porsche snubbed the system because it was shocked by the alleged data gobble. Google convinced many automotive manufacturers to use Android Auto for their in-car entertainment and …
Iain Thomson, 08 Oct 2015

Five million people exposed in Scottrade brokerage hack

If you've bought shares using retail broker Scottrade in the last few years, you may want to get in touch with the biz because its servers have been plundered by hackers unknown. The firm only found out about the data breach when the Feds got in contact to let it know. It now appears that 4.6 million customer accounts have …
Iain Thomson, 02 Oct 2015

Saudi Arabia: They liked Hacking Team so much they tried to buy the company

The Saudi Arabian government came close to buying a majority stake in Italian surveillance software firm Hacking Team last year. Wafic Saïd – a UK-based, Syrian-born businessman who is friends with the Saudi royal family – and Ronald Spogli, a former US ambassador to Italy, who indirectly owned a stake in Hacking Team, tried …
John Leyden, 28 Sep 2015

AVG to flog your web browsing, search history from mid-October

Changes in the privacy policy of AVG's free antivirus doodad will allow it to collect your web browsing and search history – and sell it to advertisers to bankroll its freemium security software products. The changes will come into play on 15 October, according to the Czech-based biz in a blog post. The revised privacy policy …
John Leyden, 21 Sep 2015

Wanted alive: $1m for an iOS 9 bug to hijack, er, jailbreak iThings

Exploit traders Zerodium will pay a million dollars to anyone who finds an unpatched bug in iOS 9 that can be exploited to jailbreak iThings – or compromise them. The $1m (£640,000) bounty will be awarded to an individual or team that provides a working exploit to achieve remote code execution on an iOS device via the Safari …
Shaun Nichols, 21 Sep 2015
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SAP pitches Cloud Foundry real-time customer service

SAP has become the latest enterprise giant to promise real-time “insight” into customers, via the cloud. Europe’s tech giant is re-serving the Hybris e-commerce platform it bought in 2013 with a shot of Cloud Foundry, the open-source project it joined in 2014. Hybris has been updated with the addition of two modules, SAP …
Gavin Clarke, 15 Sep 2015
Microsoft monopoly

Microsoft in SaaS-y cloud data security slurp

Microsoft has acquired cloud security outfit Adallom. Adallom was founded in 2012 and follows the “R&D in Israel, sales in Silicon Valley” template for a range of data security products for clouds. The company's wares bring data loss prevention and reporting to cloud storage services, offering users the chance to see just who' …
Simon Sharwood, 09 Sep 2015
Police direct a cabbie at the Uber protest in London

Judge flips class-action switch on Uber drivers' lawsuit against cab biz

A California judge has granted class-action status to a suit filed on behalf of Uber drivers. Judge Edward M Chen said the state's roughly 160,000 drivers from UberX, Uber Black, and Uber SUV services can sue the dial-a-ride broker taking a portion of tips. Three drivers had filed suit against Uber on behalf of drivers for …
Shaun Nichols, 02 Sep 2015
Windows 10

Windows 10 now on 75 million devices, says Microsoft

Microsoft's corporate veep Yusuf Mehdi reports that Windows 10 is now on 75 million devices, following its general availability four weeks ago. This suggests that Windows 10 is being installed faster than any previous version. Exact figures are hard to come by, but Microsoft took around four months to sell 90 million Windows 7 …
Tim Anderson, 26 Aug 2015

NetApp dissolves global centre of virtualisation excellence

NetApp has dissolved the “global centre of virtualisation excellence” it created in 2010 and ran from its Melbourne, Australia, office. The centre was established after the vendor won some colossal deals in Australia, believed to be at the nation's dominant telco Telstra and financial services outfit Suncorp. Both bet big on …
Simon Sharwood, 25 Aug 2015

Oi, Google! Remove links to that removed story, yells forceful ICO

Google has been ordered to remove links referencing a story it had already removed, Blighty's information watchdog, the Information Commissioner's Office, said late Thursday. The search engine had previously removed links relating to an individual's minor criminal offence from more than ten years, following a take-down request …
Kat Hall, 21 Aug 2015
management project

Misco hires sales vet Brooker to run UK sub

Systemax Europe president Simon Taylor has made his first senior hire in the shape of tech sales veteran Tony Brooker - a man he charged with rebuilding UK subsidiary Misco. Taylor, formerly EMEA senior veep of operations at Insight Enterprises, took over the business in June and at the top of his to-do list was a message from …
Paul Kunert, 19 Aug 2015
willy wonka oompa loompa

B is for Brussels: Google's corporate rejig WON'T insulate firm against antitrust probes

Brussels confirmed late on Tuesday that Google's radical corporate shape-shifting that spawned parent company Alphabet would not "insulate" the Chocolate Factory from the EU's competition probes. The European Commission's competition spokesman Ricardo Cardoso told The Register: We have seen press reports that Google is …
Jennifer Baker, 11 Aug 2015

Blue Coat acquires the cloud-crypto monkeys at Perspecsys

Controversial and suspicious netsec outfit Blue Coat Systems has acquired Perspecsys, for the want of some weight in its cloud security portfolio. Recently bought by Bain, Blue Coat reckons the acquisition (on undisclosed terms) establishes it as "a leader in the Cloud Access Security Broker segment". Cloud-crypto outfit …
Traffic in Saigon. Pic: "M M"

Hacking Team's snoopware 'spied on anti-communist activists in Vietnam'

Security researchers are linking malware sent to anti-communist activists in Vietnam to controversial commercial spyware firm Hacking Team. The assault dating from 2012-13 appears to use Hacking Team's MSN+Skype tabs, according to preliminary analysis by MalwareMustDie. ‪"‬It seems their govt bought such solution as toolset …
John Leyden, 13 Jul 2015
big droplets falling from rain cloud

Outsourcery has ‘greater flexibility to pursue opportunities’ after £4m Voda loan

Loss-making cloud biz Outsourcery has managed to tap up Vodafone for a £4m loan under a partnership deal. After yet another successful effort of going cap in hand to investors, the still unprofitable outfit said £2.3m of the loan will be used for "general working capital purposes". The rest of the cash will replace its existing …
Kat Hall, 03 Jul 2015
Padlocks by Simon Cocks Flickr CC2 license

No more customisation? Cloud Security Alliance calls for Open APIs

The Cloud Security Alliance has teamed up with CipherCloud to try and impose some discipline on the sector by defining protocols and best practice. CipherCloud will co-lead a Cloud Security Open API Working Group to develop vendor neutral protocols and best practices under the the Cloud Access Security Broker Framework. The …
Joe Fay, 30 Jun 2015
hands waving dollar bills in the air

GoFundMe shows users how it's done, cashes in with $600m valuation

Online hat-passer GoFundMe has sold off a controlling stake of its business to investors who value it at roughly $600m. The Wall Street Journal cited sources familiar with the matter in reporting the donations broker had completed a round of venture capital funding that culminated with investors taking over the majority control …
Shaun Nichols, 25 Jun 2015