Societe Generale release report

http://www.socgen.com/sg/socgen/pid/174/context/SC/lang/en/object/rubriqueSC/id/164/rubid/164/nodoctype/0.htm or the report:
http://www.sp.socgen.com/sdp/sdp.nsf/V3ID/A3246AB84993471DC12573F5006C82F4/$file/comiteSpecialFevrier08gbbis.pdf

Progress report of the Special Committee of the Board of Directors of Société Générale

An interesting read, do check it out, it mentions strengthening IT Security as well as re-inforcing controls and alerts procedures. I suspect that this will be something that affects all the banks, and might cause projects/work to ensure that the different business lines and systems are secured and auditable for compliance and liability.

discussion by DISQUS
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