Tag: hba

  • HSBC Fined $5.2 Million in UK for Data Loss


    Three units of HSBC Group have been fined GBP 3.185 million (USD $5.2 million) by Britain’s financial regulator for failing to protect consumer data from loss or theft.

    The Financial Services Authority (FSA) said all three firms had been warned by HSBC Group Insurance’s compliance team about the need for robust data security controls in July 2007.

    But in February 2008 an unencrypted CD containing the details of 180,000 policy holders was lost in the post.

    The FSA said HSBC Life UK Ltd was fined GBP 1.61 million, HSBC Actuaries and Consultants Ltd was fined GBP 875,000 and HSBC Insurance Brokers Ltd was fined GBP 700,000.

    HSBC said that no clients had reported losses as a result of these failures.

    It said it found that large amounts of unencrypted customer data had been sent by post or courier to third parties.

    Confidential information about customers was left on open shelves or in unlocked cabinets, and staff were not given sufficient training on identifying and managing risks like identity theft, the regulator said.

    Margaret Cole, the agency’s director of enforcement, said all three firms failed their customers by being careless with personal details which could have ended up in the hands of criminals.

    "It is also worrying that increasing awareness around the importance of keeping personal information safe and the dangers of fraud did not prompt the firms to do more to protect their customers’ details," she said.

    The largest previous fine for data protection failures was the GBP 1.26 million pounds assessed against Norwich Union.

    HSBC said it had contacted customers who were potentially affected, and said 33,500 employees had received data protection training.

    "We hold ourselves to the highest standards, but it is clear that in these instances we have fallen short, which we sincerely regret," said Clive Bannister, group managing director of HSBC Insurance.

  • Broadcom Achieves Industry-first HBA Functionality


    Broadcom Corporation, a global leader in semiconductors for wired and wireless communications, has announced that it is the first to demonstrate 10 Gigabit Ethernet (10GbE) iSCSI host bus adapter (HBA) functionality, along with converged networking and storage functionality, within VMware virtualized server environments.

    These capabilities will be demonstrated at this week’s VMworld 2008 exhibition on Broadcom NetXtreme II converged network interface controllers (C-NICs) that address the challenging and dynamic input/output (I/O) requirements of a virtualized server by offering networking and storage convergence, as well as real-time flexibility in I/O processing, in a low power, low cost solution.

    Besides the newly added iSCSI HBA functionality to its C-NICs, Broadcom is working with VMware to provide support for VMware virtualization including advanced networking features such as NetQueue and VMDirectPath.

    Networked storage is crucial in virtual server environments as it provides for a smooth migration and failover of a guest operating system (GOS) from one physical server to another.

    iSCSI has emerged as a high-performance, easy-to-manage networked storage technology that is popular in many virtualization deployments.

    As server and enterprise application customers strive to achieve density and compute-resource utilization objectives for their servers and enterprise applications, Broadcom’s NetXtreme II iSCSI HBA functionality, with support for Vmware virtualization, provides the converged functionality needed in a virtualized server environment by offering complete on-chip processing solutions that free up CPU resources, and increase bandwidth and performance.

    "Broadcom is working with VMware to provide support for VMware virtualization such as iSCSI HBA functionality, as well as VMDirectPath and NetQueue for networking, on our NetXtreme II C-NIC products," said Vinod Lakhani, Senior Director & General Manager of Broadcom’s High-Speed Controller line of business.

    "Today’s demonstration of iSCSI HBA functionality and convergence on a VMware ESX hypervisor marks a significant performance milestone for I/O processing on virtualized
    servers."

    "Advancements in VMware virtualization technology coupled with the increasing processing capability of hardware platforms are driving higher server consolidation ratios in data centers.

    To complement this trend, Broadcom’s innovation in high bandwidth I/O subsytems and network fabric convergence can add value for our customers by pushing the current boundaries of performance and functionality," said Brian Byun, Vice President of Global Partners and Solutions at VMware.

    "VMware is pleased to work with Broadcom in the areas of 10 Gigabit Ethernet, network convergence, and hardware offloads, and the VMDirectPath iSCSI performance shows the exciting results of one of our joint efforts that leverages VMware NetQueue and VMDirectPath I/O technologies.