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Domain: hsbc.com
Stories and comments across the archive that link to hsbc.com.
Stories · 2
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Most Millennials Have an Unrealistic View of Their Retirement Prospects, Analysts Say (hsbc.com)
From a blog post on research firm HSBC: HSBC calls for millennials to wake up to living and working longer, as research finds only 1 in 10 expects to work past 65. Most millennials have an unrealistic view of their retirement prospects according to a new report from HSBC. The latest report in The Future of Retirement series, Shifting sands, finds that on average millennials expect to retire younger than other working age generations. Millennials expect to retire at 59, two years younger than the working age average of 61. The survey of over 18,000 people in 16 countries finds that only 10 percent of millennials expect to continue working after 65 -- even as their generation faces unprecedented financial pressures and state retirement ages continue to rise around the world. This is despite 59 percent of millennials agreeing they will live much longer and will need to support themselves for longer than previous generations. -
HSBC Online Banking Security Flaw Analyzed
greenechidna writes "The BBC is reporting that a vulnerability has been found in the online banking service of HSBC by researchers at Cardiff University. According to the story the attack would allow an attacker to log on to an account within 9 attempts. The attack relies on a keylogger being installed on the victim's machine. The article doesn't have any further technical details." David Nicholson adds links to coverage at CNN and at the Guardian, writing "The attack revolves around the order that customers are requested to enter random security numbers on the site. The main news stories fail to detail the vulnerability but I have provided an analysis of it here."