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FSA fine HSBC group over £ 3m

For information security training shortfalls – 22 July 2009 The FSA have recently fined two members of the HSBC group over £3m for failing to adequately train their staff in data protection requirements

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Sep 17, 2009 -
For information security training shortfalls – 22 July 2009
The FSA have recently fined two members of the HSBC group over £3m for failing to adequately train their staff in data protection requirements (see link below).
This is consistent with an FSA report in 2006 that showed even the largest firms were not committing sufficient resources to training or other measures required in this field of increasing importance.
We know that committing your valuable internal resources to the task of creating and implementing a training programme is not where your strategy is focussed, but not having a training programme leaves the business vulnerable to fines of this kind – stratospheric.
We, however, can provide you with just the kind of full service training program which won’t cost the earth, or your business. It will mean that you have a fully visible, immediately operational and auditable training programme. Designed to keep even the harshest of regulators happy, we would be only too happy to help you avoid incurring penalties which wipe profit straight off your profit and loss account.
You can bet the cost of HSBC training their staffs now looks cheap!!
Our website is www.e-security-exchange.com – visit us and check out our range of highly focussed training materials and articles. We can quickly design full training suites just for you, at no up front cost, as well as offer a full enterprise licence at a fixed cost if that is the solution you prefer.

Call us now on 0141 632 6711for a confidential no obligation assessment of your current needs or email ian@e-security-exchange.com

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The Financial Services Authority (FSA) has fined three HSBC firms over £3 million for not having adequate systems and controls in place to protect their customers' confidential details from being lost or stolen. These failings contributed to customer data being lost in the post on two occasions

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Contact Email:
***@e-security-exchange.com
Source:Ian (fsa)
Phone:0141 632 6711
Country:United Kingdom
Tags:, information security company, information security classes
Last Updated:Sep 24, 2009
Shortcut:http://prlog.org/10345532
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