Articles about Hsbc

Back of iPhone 5

Account at HSBC? BAD LUCK, no iPhone bonk-banking for you

British high street bank HSBC denies it has been frozen out of Apple Pay, after its customers were surprised to learn they could not join in the mass British bonk-banking bonanza earlier today. In a statement, HSBC told the Register it had always been the plan to launch at the end of July. The bank also insisted the two-week …
Kat Hall, 14 Jul 2015
Rotten apple. Pic: Shutterstock (http://www.shutterstock.com/pic-29447929/stock-photo-a-rotten-apple-on-a-white-background.html)

HSBC takes Twitter tongue-lashing over failure to offer Apple Pay

Apple Pay has upset a few people already. People who can’t get to work, people who’ve been charged twice, and people who bank with HSBC. HSBC has felt the wrath of Apple fanbois for failing to launch Apple Pay, with negative tweets about the bank outnumbering positive ones five to one on the day of launch. These are the …
Simon Rockman, 17 Jul 2015
Bank vault

Mortgage data splashed all over the net. Thanks HSBC Finance

HSBC Finance in the US is notifying customers that it has inadvertently been publishing their mortgage data online since last year. HSBC is believed to have exposed customer names, account numbers, social security numbers, and telephone details, in a move which isn't being attributed to hackers, and as such is almost definitely …
The Blue Mosque in Istanbul

HSBC Turkey WON'T reissue cards despite 2.7 MILLION account details going AWOL

HSBC Turkey has confessed to a security breach exposing the details of 2.7m credit card accounts but the bank has made a decision not to reissue cards after deciding that the data exposed is not enough to make fraudulent transactions. The compromise – limited to the international bank's business in Turkey – exposed credit card …
John Leyden, 14 Nov 2014

World's mega-rich tax dodge exposed: Meet the HSBC IT bloke at the heart of damning leak

In 2008, HSBC IT exec Hervé Falciani blew the whistle on the huge tax-avoidance maneuvers used by some of the planet's wealthiest people. This week, sensitive documents obtained by the 43-year-old have been published online for the world to see. Falciani has fled across Europe, swerved extradition requests, and, fearing for his …
Iain Thomson, 10 Feb 2015
BT Openreach van

BT banks on ex-HSBC man to take charge of Openreach biz

BT's outgoing Openreach boss Liv Garfield is to be replaced by a money man poached from Britain's struggling banking sector. The telecoms giant said it had hired Joe Garner, 44, who was previously HSBC's UK boss where he helped steer the bank through the financial crisis, BT noted. Garner will join BT in mid-February when he is …
Kelly Fiveash, 13 Jan 2014
The Register breaking news

Brits' HSBC bank cards, net access goes TITSUP

HSBC in the UK is suffering an unexplained outage across a number of systems today. Brit customers have had their cards declined and experienced problems using internet banking and the fast balance app. A spokesperson for the bank told The Reg: "We're aware that some customers are experiencing problems and we're looking into it …

First HSBC, now the ENTIRE PUBLIC SECTOR dodges tax

Exclusive The public sector is committing millions of pounds of tax fraud by incorrectly claiming money back on IT services which are not VAT recoverable. Under VAT rules, government bodies can claim back 20 per cent of the price of IT services that are managed by a large provider, as well as bespoke custom-made software. Money spent on …
Kat Hall, 17 Feb 2015

Trustmarque bags £19.5m refinance package from HSBC

Fresh from its recent management buy-out, services-based licensing reseller Trustmarque Solutions has signed a £19.5m refinancing deal with HSBC. The package was confirmed today a little over a month after top brass at the York headquartered Microsoft Licensing Solutions Partner inked a deal with new VC backer Dunedin to …
Paul Kunert, 18 Jul 2013
£10 notes. Pic: Howard Lake

BACS Bank Holiday BALLS UP borks 275,000 payments

Update III Potentially millions of employees expecting to be paid ahead of the Bank Holiday weekend have been left without their salaries due to a cockup with the Bankers' Automated Clearing Services (BACS) payment system. The issue mainly appears to be affecting HSBC customers, which has blamed BACS. An HSBC spokeswoman said: "We are …
Kat Hall, 28 Aug 2015
The Register breaking news

Anonymous cell: Shove off, credit-hoggers, WE took down HSBC

Updated An Anonymous-affiliated group has claimed responsibility for attacks that left HSBC websites worldwide knocked offline on Thursday night. UK-based Fawkes Security claimed responsibility for the digital sit-in via a post to Pastebin. As some of you may be aware HSBC bank suffered several DDoS attacks on the named sites in the …
John Leyden, 19 Oct 2012
The Register breaking news

HSBC websites fell in DDoS attack last night, bank admits

Updated HSBC has blamed a denial of service attack for the downtime of many of its websites worldwide on Thursday night. Various Reg readers told us they were unable to reach the HSBC UK and First Direct websites on Thursday, leaving them unable to carry out internet banking services. Problems kicked in just before 20.00 BST and lasted …
John Leyden, 19 Oct 2012
The Register breaking news

HSBC brands EVERY Apple iPhone 'an insecure PC'

HSBC's iPhone app for online business banking warns customers that their reassuringly expensive Apple mobiles are in fact PCs - and insecure ones at that. In a surprising cock-up, the bank's app incorrectly identifies the shiny phones as Windows PCs, and scolds fanbois for not having security watchdog software Rapport installed …
Anna Leach, 07 Aug 2012
The Register breaking news

Churlish HSBC drops atomic-scale accuracy

International banking monolith HSBC has rather churlishly reprogrammed its magnificent "Find your nearest branch" service so that customers are no longer given the distance to their closest tentacle to within a couple of quarks. Last week, we discovered that Vulture Central and HSBC's Gerrard Street branch were separated by …
Lester Haines, 11 Jan 2012
The Register breaking news

HSBC pinpoints branches with sub-atomic accuracy

Those of you who are sticklers for accuracy will doubtless applaud banking monolith HSBC and its splendid "Find your nearest branch" service. To find out exactly how far you'll have to walk to avail yourself of an HSBC tentacle, just point your browser here, stick in your postcode and hit the "More info" button under one of the …
Lester Haines, 06 Jan 2012
The Register breaking news

HSBC UK systems major outage

An outage in HSBC systems took down their online banking services and affected the functioning of their cards at both ATMs and points-of-sale on Friday, November 4. An HSBC UK spokesman told The Register that the bank had experienced problems since 2.45pm GMT, and that the problems were now hitting "definitely online banking and …
The Register breaking news

REVEALED: Cyberthug tool that BREAKS HSBC's anti-Trojan tech

Cybercrooks on an underground forum have developed a technique to bypass anti-Trojan technology from Trusteer used by financial institutions worldwide – including HSBC and Paypal – to protect depositors from cybersnoopers. Trusteer has downplayed the vulnerability and said it's in the process of rolling out beefed-up protection …
John Leyden, 06 Aug 2013

20-yr-old Brazilian births 100 banking trojans

A 20 year-old Brazilian kid has pumped out more than 100 banking trojans selling each for around US$300 a pop, Trend Micro researchers say. The computer science student's extracurricular activities landed him the dishonourable title of his country's most prolific banking malware creator. Researchers say "Lordfenix", his chosen …
Darren Pauli, 02 Jul 2015
Apple phone payement.

Apple Pay's Brit biz bashed by banks planning to Zapp it out

Britain's biggest high street banks are launching their own digital payment services to fight off Apple's invasive Pay system. Cupertino's steady conversion of its eToy market dominance into the active, omnipresent control of the entire universe has found an opponent in yesteryear's foremost public enemies: the good old high …
The Register breaking news

Swiss HSBC data breach victim count trebles

A French prosecutor said bank account details of 79,000 customers was stolen from the Swiss subsidiary of HSBC, three times the number previously admitted by the bank. Bosses at HSBC Private Bank (Switzerland) admitted last month that details of 24,000 bank customers were taken by an IT worker at the bank three years ago. …
John Leyden, 15 Apr 2010

Dyre times ahead: Zeus-style trojan slurps your banking login creds

UK users of Barclays, Royal Bank of Scotland, HSBC, Lloyds Bank and Santander are being targeted by cybercrooks slinging the Dyre banking trojan. Around 19,000 malicious emails have been sent in three days from spam servers worldwide, inviting users to download an archive containing a malicious .exe file posing as personal …
John Leyden, 08 Jul 2015
The Register breaking news

HSBC online banking goes off the wall

Many HSBC customers are currently struggling to access the company's online banking system. In the past few hours a number of Register readers have complained that they were unable to log on to the service. Some were greeted with the bog standard web error message "We are unable to deal with your request. Please try again later …
Kelly Fiveash, 26 Jun 2009
Angry old man

Your gran and her cronies are 'embracing online banking' – study

Online banking has seen a boom among the older generation, with nearly 2.3 million aged between 70 and over 100 years old now using internet banking, according to figures compiled by the British Bankers’ Association (BBA). The BBA said more than 450,000 customers over the age of 60 are using banking apps on smart phones, iPads …
OUT-LAW.COM, 29 Jan 2015
The Register breaking news

HSBC online banking hits another wall

HSBC customers are still struggling to access the banks' online service after we reported on Friday that the company was having technical trouble with its system. The Register has heard from plenty of disgruntled users of HSBC’s online banking system this morning, who find themselves still locked out of the service. El Reg …
Kelly Fiveash, 29 Jun 2009
The Register breaking news

TSA, HSBC in secret doc redaction oopsie

The Transport Security Administration (TSA) and the US arm of bank HSBC have both failed to properly redact documents they published online. Blacked-out portions of a TSA document on screening techniques could be reversed by a simple cut-and-paste operation on supposedly sensitive portions of a PDF document. Security through …
John Leyden, 07 Dec 2009
The Register breaking news

HSBC Trojan warning tracked down as false alarm

Updated A false alert left users of Kaspersky's internet security software fearing there was malware on HSBC's website last weekend. Users of Kaspersky Internet Security logging onto HSBC's Personal Internet Banking site were incorrectly informed that a malicious file containing the HTLM-Agent-CE Trojan had been loaded onto their …
John Leyden, 17 Aug 2009

Human error to blame as UK data breach investigations surge

UK data breach investigations within the financial services industry almost trebled over the last two years, according to figures acquired via a Freedom of Information request to the Information Commissioner’s Office, with human error almost always responsible. The 183 per cent rise in reported Data Protection Act (DPA) …
John Leyden, 03 Jun 2015
Zombie rising from the grave

Barclays, Halifax and Tesco still being gnawed by POODLE

Major banks are still open to POODLE attacks months after being called out as vulnerable. The POODLE (Padding Oracle On Downgraded Legacy Encryption) security flaw surfaced October and affects the Secure Sockets Layer (SSL) 3.0 algorithm and versions of TLS (Transport Layer Security). Ivan Ristic's SSL Labs site revealed at the …
Darren Pauli, 29 Apr 2015

Bank of England CIO: ‘Beware of the cloud, beware of vendors’

The Bank of England is loosening up on IT delivery and recruitment, but not its resistance to public cloud. John Finch, CIO of the UK's central bank since September 2013, Wednesday ruled out the use of any public cloud by the bank for the foreseeable future. Cloud has however crept into the Bank’s IT margins, where it’s been …
Gavin Clarke, 25 Jun 2015
hands waving dollar bills in the air

HSBC scripting flaws play into the hands of phishers

Several HSBC websites are subject to scripting flaws that create a possible mechanism for crooks to create more convincing phishing scams. Security blog xssed.com has posted a list of affected domains, which include HSBC sites in multiple territories including the UK. Xssed has been tracking problems on the bank's sites since …
John Leyden, 25 Jun 2008
HSBC logo

HSBC foils '£70m fraud'

An HSBC worker has been charged after police were called in to investigate an alleged attempt to defraud the bank out of a whopping £70m. City of London police have charged Jagmeet Channa, a 25-year-old from Ilford in Essex, with conspiracy to defraud, money laundering, and abusing a position of trust. Three other men have been …
John Oates, 02 May 2008
HSBC logo

HSBC in further data loss

Security-incident prone bank HSBC has admitted losing a server containing transaction data on 159,000 Hong Kong-based account holders. The bank said on Wednesday that the kit went missing during renovation work at a Kwun Tong district branch on 26 April, Reuters reports. Data held on the server included customer names, account …
John Leyden, 08 May 2008
arrow pointing up

HSBC joins Morse's mobile ATM network

Consulting, technology and support company Morse has told the Stock Exchange that HSBC and First Direct are the first banks to join the firm's mobile ATM network MoniLink. The service, due to go live later this year, will let customers use mobile phones to access bank services. The company said it was pleased HSBC had joined …
John Oates, 10 Apr 2006
channel

HSBC e-payments system goes titsup

Angry retailers have launched a tirade against HSBC after its e-payments system fell over on Friday and stayed down for the whole weekend. Retailers were unable to sell anything online for over 48 hours, and have started calling for compensation. HSBC's e-payments system has proved particularly attractive for retailers because …
management management3

Suitors line up to bid for cash-challenged NHS supplier

Top brass at Trustmarque Solutions are locked in talks with interested parties in a bid to sell the financially challenged biz this week – at least that is the plan. As exclusively revealed by us earlier this week, Dunedin, private equity backers of the York-based licensing specialist, claimed a change in revenue recognition in …
Paul Kunert, 04 Sep 2014
The Register breaking news

Credit Suisse and HSBC announce job cuts

Back-office and IT staff are among those leaving Credit Suisse and HSBC after the banks announced job cuts yesterday. Credit Suisse is cutting 10 per cent, or 650 positions. HSBC will cut headcount by 500. Many banks are now in their second or third round of cuts and some have also taken action by cutting contractor rates - …
John Oates, 03 Dec 2008
The Register breaking news

HSBC forgets to renew its digital certificate

Online banking customers logging onto the HSBC website last week were confronted by potentially confusing warnings about a security certificate. Business banking customers logging onto ukbusiness.hsbc.com were greeted with a notice that the site couldn't be verified because its certificate had expired. HSBC said the problem …
John Leyden, 10 Mar 2008
The Register breaking news

HSBC pops thousands of customer details in the post

HSBC has admitted that it has misplaced 370,000 customer details, which were put in the post a month ago on an unencrypted disc. The envelope has not arrived at its intended destination - a reinsurance firm. A spokesman for HSBC told the Reg: "We have sent a disc to our reinsurers which they never received. The disc was not …
John Oates, 07 Apr 2008
The Register breaking news

Facebookers bring HSBC to its knees

Facebook may not change the world, but it's changed one of the world's largest banks. HSBC had planned to collect overdraft fees for Brits leaving university this summer, but after thousands of students mounted an online protest via Facebook, the big-name bank has scrapped the plan entirely, The BBC reports. According to the …
Cade Metz, 31 Aug 2007

HSBC systems cock-up blights holiday sales

Technical problems left HSBC's UK customers unable to withdraw cash from ATMs or use the bank's online facilities yesterday. Customers were also unable to use HSBC cards to pay for purchases in shops from around midday yesterday because of the same fault. The bank blames an "internal systems problem" - rather than hostile …
John Leyden, 04 Jan 2005
cloud

HSBC e-payments system goes titsup (again)

Merchants are furious at HSBC UK after the bank's e-payments system fell over for an extended period for the second time in less than a fortnight. Retailers using the system have not been able to process transactions since around 5pm (BST) on Monday. Problems with processing credit card payments continued into Tuesday afternoon …
John Leyden, 08 Apr 2008
cloud

HSBC's anti-phishing dept takes 44-year holiday

Ta very much to the anonymous reader who reported a suspicious email to HSBC's anti-phishing department and then forwarded us the result. Although he or she got a fairly comprehensive rundown on what to keep an eye out for in those dodgy "HSBC security alert" emails, the automated reply makes it clear that any personal feedback …
Lester Haines, 19 Dec 2006
Warning Go

HSBC e-payments system limps back online

HSBC UK managed to get its beleaguered e-payments system back online yesterday evening after the second extended outage in less than a fortnight. Retailers using the system were unable to process transactions from about 5pm (BST) on Monday until Tuesday evening. Similar problems left merchants unable to take payments for two …
John Leyden, 09 Apr 2008
channel

HSBC plugs hole that exposed site directory

HSBC has finally fixed a bug that allowed web surfers to browse the directory structure of a supposedly secure website it helps to run. The John Lewis Partnership card secure website (a joint venture with HSBC) allowed the curious, and potentially malicious, to peek into its underlying structure. "Great if you were planning a …
John Leyden, 29 Apr 2008
hands waving dollar bills in the air

100+ trade buyers and private equity bods eyed up Kelway

More than one hundred trade buyers and private equity firms expressed an interest in buying a piece of Kelway, before CDW finally beat the competition to take a 35 per cent stake. As exclusively revealed by El Chan on Thursday, Kelway boss Phil Doye retains a 55 per cent stake in the firm. Others in the management team keep hold …
Paul Kunert, 06 Nov 2014
For Sale sign detail

HSBC customers in cash machine hell

Exclusive HSBC's cash machine service turned on customers this weekend with many people complaining that their accounts were held hostage and others saying ATM boxes ate their cards. The issues also extended to HSBC's credit cards with thousands of people affected, The Register can confirm. Reports of the HSBC failures flooded The …
Ashlee Vance, 16 Oct 2006
Lehman Brothers London HQ

Enormo reseller Insight seeks experienced sales hands for City pad

Headhunters will be on red alert after Insight confirmed plans to establish a sales outpost in the City in a bid to snuggle up to existing and potential corporate customers. The firm has rented some space from an unspecified service delivery partner in Aldgate to rub shoulders with Kelway, Misco, Softcat, Computacenter and many …
Paul Kunert, 20 Mar 2014
The Register breaking news

HSBC pins hopes on Borat and IPO-pimping ATMs

Forget the good, old US of A. HSBC wants to bet on places like Kazakhstan for its financial future. Ray O'Brien, an HSBC IT investment exec, unveiled his Borat-inspired plan to rule the world last night during an Intel-funded gig at Tate Modern. The grizzled financial markets in the US and Western Europe do little to inspire …
Ashlee Vance, 12 Dec 2007

Former Toshiba bigwig Andy Bass rocks up at Open Symmetry

Former Toshiba exec Andy Bass has landed at sales performance management (SPM) consultancy Open Symmetry as head of European ops. Bass recently exited Toshiba after 24 years' service amid a regional cost cutting shake-up that saw his dual roles as European veep for the PC and TV biz and UK country director evaporate. SPM …
Paul Kunert, 17 Mar 2014
globalisation

Flaw exposed in HSBC's online banking

Researchers at Cardiff University have uncovered a flaw in HSBC's online banking security process that has left over three million customer accounts vulnerable to attack over the last two years. The researchers found that anyone using the attack would have guaranteed access to an account within nine tries, The Guardian reports …
Lucy Sherriff, 10 Aug 2006