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Information Security

January 18, 2016 - British financial services firms expect IT to be the main area to see an increase in capital spending over the next year as the industry braces itself for the fintech revolution.

January 18, 2016 - With smart watches, fitness trackers and payment wristbands expected to account for one in five mobile payment transactions by 2020 – representing $500 billion a year– it is inevitable that they will become a growing target for cyber-attack, according to WISeKey and Kaspersky Lab.

January 7, 2015 - More than half of banks and building societies in the UK are leaving their online customer login pages vulnerable because of insecure SSL instances, according to security experts at Xiphos Research.

December 8, 2015 - Negotiators of the European Parliament, the Council and the Commission have agreed on the first EU-wide legislation on cybersecurity.

January 15, 2016 - Hyatt Hotels has found signs of malware designed to steal payment card information at 250 of its sites.

December 21, 2015 - Just weeks after falling victim to a massive cyber theft of customer assets, JPMorgan sent a fake phishing email to all employees to test their reaction. You can probably guess what happened next.

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.

January 14, 2016 - Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud computing, will have to take action to improve their ability to withstand cyber-attacks under new rules approved by Internal Market MEPs on Thursday.

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.

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.

January 11, 2016 - Close to two-thirds (63%) of global IT professionals oppose giving governments backdoor access to encrypted information systems, and similar numbers (59%) feel that privacy is being compromised in an effort to implement stronger cybersecurity laws. The survey by global IT and cybersecurity association ISACA of 2,920 members in 121 countries also reveals marked skepticism about the likelihood of organizations sharing data breach information voluntarily as called for by the recently passed U.S. Cybersecurity Information Sharing Act of 2015.

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.

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.

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