citigroup - News, Features, and Slideshows


  • DHS official suggests sharing IT resources to survive hacks

    Groups of companies in the same industry could mitigate the effects of cyberattacks by pooling infrastructure resources and working together on security issues, a senior official in the U.S. Department of Homeland Security has suggested.

    Written by Martyn Williams05 Nov. 12 11:16
  • Amazon smartphone coming in late 2012, analyst says

    Amazon is working on a smartphone to be released in the fourth quarter of 2012, according to a Citigroup analyst quoted by <a href="">All Things D</a> .

    Written by Matt Hamblen19 Nov. 11 01:14
  • Citigroup: Desktop standardization cuts energy costs by $6 million per year

    New York-based financial services firm Citigroup began a strategic data center transformation in 2005, with the goal of reducing its data centers from 68 to 24 by the end of 2010. Citi not only met that goal, but exceeded it by cutting down to 22 data centers.

    Written by Bob Violino25 Oct. 11 02:52
  • Extending the life of your data center

    This year marks the 10th anniversary of the 1,200-square-foot data center at the Franklin W. Olin College of Engineering -- that means the facility has been operating three years longer than CIO and vice president of operations Joanne Kossuth had originally planned. Now, even though the school needs a facility with more capacity and better connectivity, Kossuth has been forced to back-burner the issue because of the iffy economic times.

    Written by Sandra Gittlen12 Oct. 11 06:39
  • 111 arrested in massive ID theft bust

    Prosecutors call it the biggest identity theft bust in US history. On Friday, 111 bank tellers, retail workers, waiters and alleged criminals were charged with running a credit-card-stealing organization that stole more than $US13 million in less than a year-and-a-half.

    Written by Robert McMillan08 Oct. 11 10:38
  • Senate report: Phone bill cramming costs billions

    Third-party charges on U.S. consumer and business telephone bills, most of them unauthorized by the customer, amount to US $2 billion a year, according to a new report from a U.S. Senate committee.

    Written by Grant Gross14 July 11 02:27
  • They're back! Data breach notification bills resurface

    After several large breaches -- including the <a href="">Epsilon</a>, <a href="">Sony</a>, and <a href="">Citigroup</a> incidents that left customer financial data exposed -- federal lawmakers are dusting the covers off of an old idea: national data breach notification laws.

    Written by George V. Hulme27 June 11 23:48
  • Citi hackers made $2.7 million

    Citigroup suffered about US$2.7 million in losses after hackers found a way to steal credit card numbers from its website and post fraudulent charges.

    Written by Robert McMillan25 June 11 10:16
  • Citigroup reveals breach affected over 360,000 cards

    Over 360,083 credit card accounts in North America of Citigroup were affected as a result of a compromise of its card account management website in May, the bank said in an update on Wednesday.

    Written by John Ribeiro16 June 11 14:59
  • Avaya sets $1 billion public offering

    Avaya is going public again, filing today with the Securities and Exchange Commission for an initial public offering worth $1 billion.

    Written by Tim Greene10 June 11 08:50