Information Security
Mastercard launches Global Cyber Forward program in Dubai
Source: Mastercard
Mastercard today launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and largest fintech hub in the Middle East, Africa and South Asia (MEASA) region.
Reserve Bank of New Zealand describes file sharing breach as "significant"
The Governor of the Reserve Bank of New Zealand, Adrian Orr, says the recent malicious and illegal breach of a file sharing application used by the Bank is "significant".
Cost of cybercrime to exceed $1trn in 2020
The worldwide move to remote home working has contributed to a massive rise in cybercrime costs which are expected to top $1trn for the very first time this year.
Sopra Steria falls victim to ransomware attack
European IT services group Sopra Steria is battling a suspected ransomware attack on its network.
MAS revises cyber risk guidelines
Source: Monetary Authority of Singapore
The Monetary Authority of Singapore (MAS) today issued revised Technology Risk Management Guidelines to keep pace with emerging technologies and shifts in the cyber threat landscape.
Ticketmaster find £1.25m over data breach that led to fraud on thousands of cards
Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.
FSB publishes cyber incident and response recovery toolkit
The Financial Stability Board is urging banks and regulators to use a newly-launched toolkit to help contain the damage inflicted by a major cyber incident.
Mastercard launches cybersecurity Trust Centre for small businesses
Source: Mastercard
Small businesses are the backbone of economic growth. The needs of small businesses have not changed during the pandemic, but they have grown more acute. With cyberattacks on the rise, small businesses are a huge target.
CommBank throws support behind Schools Cyber Security Challenge
Source: CommBank
Commonwealth Bank has partnered with the Australian Computing Academy (ACA) to help educate children as young as 10 years of age about cyber security.
Verimatrix reports data breach
Source: Verimatirx
Verimatrix (Euronext Paris: VMX) today announced that it has been targeted by a sophisticated cyber attack, that led to a data breach which was confirmed on Friday, October 9, 2020.
Privacy watchdog releases damning report into massive Desjardins data breach
A data breach at Desjardins – the largest ever in the Canadian financial services sector – was caused by a series of gaps in administrative and technological safeguards, according to an investigation by the Office of the Privacy Commissioner of Canada (OPC).
Sopra Steria laid low by Ryuk Ransomware
Sopra Steria says it will take a number of weeks to restore its systems to full operating capacity after confirming an attack by hackers using a new version of Ryuk ransomware.
Bank of England admits failings in security breach
The Bank of England (BoE) has conceded that it could have moved more quickly to identify a security breach that allowed hedge funds to gain unauthorised access to press briefings and hear about sensitive market information ahead of their rivals.