SAN DIMAS, Calif. - (09/28/04) -- WesCorp FCU said it has selectedIPLocks' Database Security Monitoring, Assessment and Audit Systemto provide it with database security and IT governance. The systemwill help the $24 billion corporate credit union gain access to newlevels of detail not readily available form network-based scanningand vulnerability assessment tools to ensure that no newvulnerabilities are introduced into its systems. IPLocks detects,analyzes and monitors database security policy violations,suspicious or malicious changes, structural integrity changes, aswell as user access patterns to ensure secure, authorized businessoperations.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
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Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
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In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
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Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
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Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
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Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
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