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Information Security

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.

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.

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.

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.

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.

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.

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.

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.

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.

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