Information Security
Standard Chartered in hunt for new chief risk officer and CIO as incumbents retire
January 9, 2015 - Standard Chartered PLC "the Group" is announcing the retirement of Richard Goulding as Chief Risk Officer and Jan Verplancke as Chief Information Officer and Group Head of Technology and Operations from the Group, and as Directors of the Court of Standard Chartered Bank.
IBM cyber crime data offers both good and bad news for retailers
January 8, 2015 - First the good news: The number of cyber attacks on retailers dropped by half in 2014. The bad news? The thieves are escaping with much bigger hauls as assaults show a greater degree of sophistication.
New York regulator probes Wall Street cyber-security
December 10, 2014 - Some of Wall Street's biggest banks will face tough new cyber-security assessments under plans from New York state's financial services watchdog.
Banks accused of failing to report true scale of cybercrime
November 7, 2014 - Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of bank fraud because they don't want to frighten people.
US community banks claim $90 million costs for Home Depot breach
December 19, 2014 - US community banks are calling for a crackdown on merchant security protocols after reissuing nearly 7.5 million credit and debit cards at a total cost of more than $90 million as a result of the Home Depot data breach.
Sifma slams Finra data collection plans
December 2, 2014 - Plans by Wall Street watchdog Finra to introduce an automated data collection system designed to help identify risky and suspicious activities have been blasted by lobby group Sifma on cost, security and privacy grounds.
FFIEC Releases Cybersecurity Assessment Observations, Recommends Participation in Financial Services Information Sharing and Analysis Center
November 4, 2014 - The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released observations from the recent cybersecurity assessment and recommended regulated financial institutions participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC).
Shadow IT inspires a renaissance for CIOs
December 15, 2014 - Chief information officers (CIOs) in banking have an unprecedented opportunity to take a leading role in their organisations, thanks in part to the rise of "shadow IT". That's one of the paradoxical findings of a new global study published today by BT, based on a survey of almost 1,000 senior IT decision makers in eight regions and six sectors worldwide.
Hackers infiltrating public companies to gain an edge on Wall Street
December 1, 2014 - Cyber crime tracking outfit FireEye has alerted the FBI to an undergound hacking collective called FIN4, whose intrusions appear to be primarily motivated at gaining an edge in stock market trading.
Staples investigates data breach
October 21, 2014 - Office supply retailer Staples has become the latest firm to reveal that it is investigating a possible data breach that could leave customer payment card details at risk.
Tripwire and Check Point Announce Technology Partnership and Integration
December 15, 2014 - Tripwire, Inc., a leading global provider of advanced threat, security and compliance management solutions, and Check Point® Software Technologies Ltd., the worldwide leader in securing the Internet, today announced a technology partnership and integration. The collaboration is part of Tripwire's Technology Alliance Program (TAP), designed to allow a wide variety of vendors to team with Tripwire to deliver innovative security solutions.
Retailers and banks take data breach fight to Congress
November 13. 2014 - The war of words between retailers and banks over cyber-security failures has moved to the political stage, as lobby groups for both parties petition the political elite on Capitol Hill for legislative action to curb future data breaches.
Kaspersky Lab and INTERPOL Survey Reports: 60 Percent of Android Attacks Use Financial Malware
October 22, 2014 - According to the results of the "Mobile Cyber Threats" survey issued by Kaspersky Lab and INTERPOL between August 2013 and July 2014, malicious programs targeting Android-based devices in order to steal money were used in 60 percent of attempted attacks registered by Kaspersky Lab security products. These cybercriminals frequently targeted Android users in Russia, but also in Ukraine, Spain, United Kingdom, Vietnam, Malaysia, Germany, India and France.