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What CIOs Can Learn From Bank of America’s Trip Into The Cloud

The Accidental Successful CIO

Bank Of America is slowly moving into the cloud Image Credit: Mike Mozart. Just imagine if you were David Rilly, chief technology officer at Bank of America. There you are, in charge of the IT infrastructure for one of the biggest banks around when all of a sudden the IT world starts to undergo yet another one of its transformations.

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Modernizing the mainframe for the digital era

CIO Business Intelligence

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. Each houses an IBM z15 system. M&T Bank.

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FBI: Credential Stuffing Leads to Millions in Fraudulent Transfers

SecureWorld News

A mid-sized financial institution reported its online banking platform received a "constant barrage" of login attempts using a variety of credential pairs, indicating that the attack was using bots. Some of the credentials belonged to company leadership, system administrators, and other employees with privileged access.".

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IBM Acquires CSL to Advance the Cloud on System z » Data Center.

Data Center Knowledge

IBM boosts its System z portfolio by acquiring CSL International, Actian leverages previous acquisitions to launch new cloud and big data platforms and EastWest Bank selects HP to build a private cloud for updating its infrastructure. HP builds private cloud for EastWest Bank. By: John Rath July 12th, 2013. LinkedIn.

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Empowering Success: How a Kinetic Data Customer Seized the Hackathon Opportunity to Streamline Data Integration

KineticData

Ideas could stem from identified problems, exploration of new possibilities, or inefficiencies experienced with any software used across the organization. GreenState Credit Union faces a common challenge in the banking industry: the need for efficient data integration into Symitar.

Data 59
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What is data science? Transforming data into value

CIO Business Intelligence

They also need big data architects to translate requirements into systems, data engineers to build and maintain data pipelines, developers who know their way around Hadoop clusters and other technologies, and system administrators and managers to tie everything together.

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Averting turbulence in the air

CIO Business Intelligence

This is not a simple task since it could potentially involve costly updates in software/hardware, significant changes in the codes, dataflow, system calls and most importantly, a downtime of end user programs. If one-way hashes such as SHA-256 were used, the airlines will have to replace the hashing algorithms to two-way hashes.