CEO George Adams of SSH Communications Security, Inc. will present how to identify and control daily operational risks and to build a comprehensive Operational Risk Management (ORM) plan at the 2008 Financial Services Technology Forum.

Operational Risk Management - The Big Security Picture

With enormous amounts of valuable corporate data concentrated in financial organizations’ information systems, IT managers must carefully control daily operational risks by implementing a comprehensive security model that addresses standard HR practices, as well as deploy and administer information security solutions throughout the IT infrastructure. George Adams will discuss how to build a comprehensive Operational Risk Management plan to prevent immense damages.

As CEO of SSH Communications Security, Inc., Mr. Adams is responsible for developing and executing strategies to build the company’s market position. With millions of users worldwide, the company’s Secure Shell application has become the de-facto standard for secure Internet logins.  Mr. Adams is also a member of the board of directors of the parent company in Finland. Prior to joining SSH, Mr. Adams was vice president of business development for Phoenix Technologies Ltd., where he led strategic initiatives in Internet-based remote management and support.  Mr. Adams has also previously held positions at Sun Microsystems, Intel, Analog Devices, and Motorola.  Read more

The Cayman Islands have long been associated with offshore business and investments. International banking is strong in the Cayman Islands, with 40 of the world’s largest 50 banks licensed to operate there. A full range of Cayman Island Financial Services are available for both local and international clients, including letters of credit, foreign exchange, guarantees, safe custody, commercial loans, and mortgages.

If you are looking for a place to conduct offshore business or are seeking offshore asset protection, the Cayman Islands give companies a 20-year guarantee against taxation, which can be extended to 30 years. There are no taxes on income, capital gains, profits, dividends, investments, or capital transfers. Taxation benefits extend to individuals, corporations, and trusts.

Privacy of investors is of utmost importance in the Cayman Islands, and unlawfully divulging confidential information is punishable by law.

Other Cayman Islands financial services available to investors include trust services, company services, mutual funds, insurance, vessel registration, capital markets products and the Cayman Islands Stock Exchange.

The Cayman Islands make it easy for you to invest with them. In addition to a wide variety of services, beneficial tax breaks, and strict confidentiality, there are no exchange controls on monetary transactions, meaning you can move your money to or from the island freely and without penalties.  Read more

October 06, 2008 – Toronto, Canada – TippingPoint’s Director of Product Marketing, Craig Phelps will present to delegates the different approaches to ensure the integrity of personal information and to protect it against malicious attacks at the 2008 Financial Services Technology Forum scheduled on October 28 & 29, 2008 at the Design Exchange in Toronto, Canada.

Register now for your complimentary All-Access Pass.
Visit http://e-financial.wowgao.com/registration/multiple

IPS-secured Networks

Collecting, retaining and securing personal information about customers, employees and other stakeholders is a daily activity for today’s financial services organizations. Not only do financial organizations risk losing customers and damaging their reputations, data breaches has led to lawsuits and negative press. As the dependence on electronic banking grows, federal regulations now mandate the protection of digital financial data, requiring institutions to rethink their network security priorities.

As a result, financial institutions are under more pressure than ever to ensure adequate privacy protection, provide and share information across multiple systems and facilities, monitor and evaluate the security of their information and maximize the value of their information technology resources. This session will provide an overview of how financial institutions can not only protect their networks from malicious attacks, but how to keep their data safe and meet third-party regulatory requirements in the process.  Read more

Few families pass on actual knowledge about wealth building to their children. Negative feelings of poverty and scarcity can last for generations.

Accountant and financial advisor, Dr. Joseph Simini says, “Most people are illiterate about finance. Finance isn’t all that tough. If you want to become financially independent, you can’t depend on someone else to do that for you. You have to do it yourself with knowledge.”

Dr. Simini started out in life in a poor immigrant family and learned the basics of creating personal wealth from his father’s teachings and the school of hard knocks. He manages family owned investments and advises people on the subject of financial independence.

He offers practical advice on how to become financially literate and financially independent:

1. Buy Your Own Home: It is important to buy your own home because with a small amount of money, and a lot of someone else’s money, you can get started. Instead of paying rent and making your landlord wealthy, you will be paying into your own mortgage. Eventually, you are going to own the building, leading to tax benefits.  Read more

The 5 Step Secret to Financial Security

Most people in the developed world have the financial resources to achieve financial security and in many cases financial independence.  I believe that getting your finances into a position of strength is straightforward if you follow the standard process below.

Step 1 – Current State

This stage is an honest appraisal of where you are at the moment.  The two simple measures that you need to create are Total Wealth and Cash Flow. 

Total Wealth = Total value of all your assets* – Total value of all your debts**

*Assets include all savings, your home and any other valuables that could be sold to release funds if absolutely necessary e.g. car, antiques etc.

*Debts include all loans, hp, credit cards and mortgage

Cash Flow = Total Income each month – Total Outgoings each month

It actually doesn’t matter what the numbers are for the above measures.  What matters is that you have begun to take action on your personal finances.  These measures can be used each month to see the progress you will be making after taking the following steps.  Read more