TalkingTech
The view from the top of IT with TechWorld Editor Rohan Pearce
News about Bank of New York Mellon
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Brain drain: Where Cobol systems go from here
David Brown is worried. As managing director of the IT transformation group at Bank of New York Mellon, he is responsible for the health and welfare of 112,500 Cobol programs -- 343 million lines of code -- that run core banking and other operations. But many of the people who built that code base, some of which goes back to the early days of Cobol in the 1960s, will be retiring over the next several years.
By Robert L. Mitchell | 15 March, 2012 08:24
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NY bank IT tech pleads guilty to data theft, fraud
A former IT staffer with the Bank of New York Mellon pleaded guilty Thursday to stealing sensitive information belonging to 2,000 bank employees and then using that data to steal more than US$1 million from charities.
By Robert McMillan | 03 July, 2010 06:33
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