Information Security
Man pleads guilty to part in $1.2 million malware heist
A Brooklyn man has pleaded guilty to running an unlicensed money transmission business to launder the proceeds from a malware attack that successfully pilfered $1.2 million from customer bank accounts.
Financial regulator infects Polish banks with malware
Several Polish banks have seen workstations infected with malware that appears to have originated from the country's financial regulator.
Neustar Reports Rampant Growth of DDoS Attacks in 2016
Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services, today announced the publication of “DDoS & Cyber Security Insights,” an in-depth research report that provides statistical analysis of the distributed denial of services (DDoS) attack and mitigation data collected through Neustar SiteProtect. The report examines the growth of DDoS attacks during 2016, providing specific insight into multiple attack vectors, such as DNSSEC amplification and Internet-of-things (IoT) botnets.
Russian central bank hit by $31m hacks
Russia's central bank says that hackers stole more than two billion rubles (around $31 million) from correspondent accounts this year.
Consumer trust in banking security misplaced - Capgemini
Research from Capgemini highlights a striking dichotomy between the views of consumers and banking insiders about levels of security in financial services.
JP Morgan hack suspect returns to US to face justice
Joshua Aaron, the US fugitive suspected of carrying out the largest ever cyber attack on Wall Street, has returned to the US to face trial after hiding out in Russia for more than 18 months.
SOFE Berlin: Cyber security worries dominate closing debate
Swift's European operations forum in Berlin ended where it began, with a high-powered debate on the ability of the world's banks to combat an escalating cyber threat.
Number of US data breaches jumps 40% in 2016
The number of US data breaches tracked in 2016 hit an all-time record high of 1093, up 40% on the previous year, according to a new report from the Identity Theft Resource Center (ITRC) and CyberScout.
CSC Unveils Top Enterprise IT Trends Shaping Global Business in 2017
CSC (NYSE: CSC) today released its top enterprise IT trends that will shape business in 2017. Dan Hushon, CSC’s chief technology officer, has identified six trends around the philosophy of “DevSecOps” that company leaders need to be thinking about to drive digital transformation.
Internet trust at all time low: not enough data protection
The Internet Society has released the findings of its 2016 Global Internet Report in which 40% of users admit they would not do business with a company which had suffered a data breach.
Software AG Reveals Internet of Things Predictions for 2017
Software AG (Frankfurt TecDAX: SOW) today shared its predictions for the Internet of Things (IoT) in 2017, derived from our expertise, customer insights, and market observations.
Police dismantle cyber-crime malware network
A cloud-computing network used by cyber fraudsters to target one million users every week with malware-infected emails has been taken down by law enforcement agencies from more than 30 countries.
Prescriptive regulation won’t stop the cyber criminals
At the FCA’s Fighting Financial Crime conference in London on 10th November, Chief Executive Andrew Bailey highlighted the role of regulation in the battle against financial crime. Ray Pompon, Head of Information Security, North America and Asia, at Linedata, offers his thoughts: