Information Security
Banks to up spending on payments
December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.
UK and US bankers place cybercrime worries ahead of economic outlook
December 9, 2015 - UK and US bankers place fears about cybercrime at the top of a list of 24 possible risks to the financial services industry, beating off traditional worries about excessive regulation and economic growth.
A quarter of online users would continue to use a website that suffered a data breach
November 25, 2015 - While more than two thirds (68 per cent) of online users would immediately stop using a bank or retailer if the site suffered a security attack or data breach, a quarter would continue using the site. This is according to a survey conducted for global information security and risk management company, NTT Com Security.
Vodafone suffers breach as police arrest third person in TalkTalk probe
October 2, 2015 - On the day that UK police arrested a third person in their investigation into a massive data breach at TalkTalk, another UK telco, Vodafone, admits that 1800 accounts have been plundered by unknown intruders.
Europe agrees EU-wide legislation on cybersecurity
December 8, 2015 - Negotiators of the European Parliament, the Council and the Commission have agreed on the first EU-wide legislation on cybersecurity.
Hilton confirms data breach
November 25, 2015 - Hilton Hotels has confirmed a malware breach that siphoned customer payment data at the checkout, becoming the latest hotel chain to be hacked in a spate of online assaults hitting the hospitality sector.
Banks failing to provide secure connection for all online payments - research
October 29, 2015 - New business research* by Kaspersky Lab and B2B International reveals that 33 per cent of financial services don't offer customers a secure channel for all their online payments.
Fear of cyber-attacks drives increased belief in FS sector 'high-impact event'
December 1, 2015 - Over 60% of risk managers at financial services firms think that the probability of a "high-impact event" on the global system has increased over the last six months, with worries about cyber-attacks driving the rising jitteriness, according to a Depository Trust & Clearing Corporation survey.
Vendor relationships in the cross-hairs as regulators zone in on cyber security
November 25, 2015 - Technology vendors supplying services to financial market infrastructures (FMI) should be subject to rigorous cyber-security checks to protect the integrity and stability of the financial system, say global regulators in a new consultative paper.
Over four million account details stolen in massive cyber attack on Talk Talk
October 23, 2015 - The banking details of over four million consumers may have been stolen following a sustained cyber attack on the Website of mobile operator Talk Talk.
Banks to raise IT and innovation spend to counter tech threat
November 25, 2015 - The world's banks are to hike their IT and innovation budgets over the coming year to counter the growing threat from large tech companies like Apple and Google, according to a Capgemini survey of clients of core tech vendor Temenos.
Vendor relationships in the cross-hairs as regulators zone in on cyber security
November 25, 2015 - Technology vendors supplying services to financial market infrastructures (FMI) should be subject to rigorous cyber-security checks to protect the integrity and stability of the financial system, say global regulators in a new consultative paper.
Cybercrime-as-a-service economy driving bank and retailer data breaches
October 19, 2015 - Stolen credit and debit card details are being hawked for as little as $5 per account on the dark web, according to research from Intel Security.