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.
Posts Tagged: consumer
RIM is boosting its Blackberry range with a new 3G dual-mode handset aimed at both its core executive users and the wider consumer market.
Candy-bar shaped and with a full keyboard, the Blackberry Tour will launch with Verizon and Sprint in the US and Telus and BCE’s Bell unit in Canada.
Consumer demand for data storage is expected to drive Network Attached Storage (NAS) revenues to more than USD $1.25 billion in revenues by 2011.
That’s the conclusion of ABI Research, which says the phenomenal growth of digital photography, audio, and video have focused consumers’ minds on the need for secure storage.
The IP phone market is actually a tale of two drastically different markets- business and consumer.
The former is thriving and the latter is diverging in a drastically different direction, according to In-Stat.
Orange UK is to offer a pay-as-you-go Blackberry – the first carrier in Europe to launch a PAYG RIM device.
The move underlines RIM’s intention to re-position itself as a provider of handsets that appeal to the consumer market as well as its traditional enterprise stronghold.
HDTV penetration has doubled in the past two years with 34 per cent of US households having at least one high definition television (HDTV) set.
Representing about 40 million households, this figure is set to double again over the next two years, according to consumer research from the Leichtman Research Group.
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Apple’s iPhone has overtaken Motorola’s Razr to become the best-selling consumer cellphone in the US in the third quarter of 2008.
The iPhone’s success is all the more impressive considering it costs upwards of USD $199, while the RAZR has been virtually free with a signed contract for the past few years.
The secret to success of the HDTV market in India depends mainly on the intense desire of the consumers. In fact, the women are keener about getting these high definition televisions just like the other consumer durable products.
Hewlett-Packard is seeking to capitalise on the success of the iPhone by launching a smartphone that gives it a stronger footing beyond the enterprise market.
The new device will fall into the HP iPAQ line that has been developed around Windows Mobile for business use.
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For many, Research in Motion’s Blackberry has been seen simply as a corporate favorite with little appeal beyond email-hungry executives.
Yet the Canadian handset-maker is broadening its consumer reach, announcing deals with TiVo and Ticketmaster and the addition of “lifestyle” apps like Slacker Radio, MySpace and Microsoft Live Search.