Information Security
Target attack occurred through stolen vendor credentials
January 31, 2014 - Major retailer Target has claimed the recent attack by cyber criminals on its payment terminals was possible after vendor credentials were stolen.
Retail banks to increase ICT spending - Kable
January 31, 2014 - According to a global survey from Kable, 42% of retail banks are set to increase their ICT spending to modernise and automate their business operations.
Survey: UK tech sector grows at fastest speed for a decade
January 28, 2014 - The UK technology sector is seeing strong inflows of new work driving the steepest expansion of business activity for almost a decade and the largest improvement in profitability in six years, according to the latest Q42013 KPMG/Markit Tech Monitor UK report.
Union First Market Bankshares to re-issue cards affected by retailer breaches
January 21, 2014 - Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.
'ChewBacca' POS malware uncovered in the wild
January 31, 2014 - RSA researchers have uncovered a new point-of-sale malware operation emanating from Eastern Europe that has succeeded in scraping payment card data from small retailers in 11 countries.
Bank of Hawaii Selects SunGard’s Integrated Trust and Wealth Solutions to Help Support Smarter Operations, Risk Management and Business Growth
January 27, 2014 - Kaspersky Lab improves its position and is second-furthest for "completeness of vision" in the "Leaders" portion of the Gartner Magic Quadrant
Russian teen accused of writing Target malware
January 20, 2014 - The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.
SpyEye malware author pleads guilty
January 29, 2014 - A Russian national has pleaded guilty in the US to developing and distributing the notorious SpyEye malware, which has infected more than a million computers and been used to steal millions of dollars.
Neiman Marcus says 1.1 million cards compromised in data breach
January 27, 2014 - Luxury retailer Neiman Marcus says that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a four-month period from July to October 2013.
WEF calls for improved cyber security
January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.
Michaels craft stores the latest retail target for hackers
January 28, 2014 - Art and craft retailer Michaels has been the victim of a cyber attack that may have accessed some customer information, becoming the latest company to be impacted in a spate of attempted data thefts.
A Comprehensive Data Strategy is Crucial in the Age Of Data-Driven Banking - New Research from GreySpark
January 22, 2014 - A new piece of research from GreySpark Partners, a capital markets consultancy, examines the strategic principles of data management that are necessary for investment banks to stay competitive as increasing volumes of data are created by trading activities and client interactions.
BAE Systems Awarded Prime Position on U.S. Department of Homeland Security IT Services Contract Vehicle
January 16, 2014 - The U.S. Department of Homeland Security (DHS) has awarded BAE Systems a prime position on the Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II) contract. BAE Systems is one of fifteen primes awarded under the unrestricted track of Functional Category 1 and may compete to provide systems, software, and other IT services and support.