Information Security
Global regulators raise 'issues of concern' over banks' cyber resilience
Source: Iosco
The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.
India FinTech Forum unveils 23 high potential fintech startups
Source: IFTA
India FinTech Forum, a not for profit fintech advocacy group representing Indian fintech companies, has announced 23 fintech startups who will give demos of their innovative products and services to a high profile jury this month.
Allurity snaps up Aiuken Cybersecurity
Source: Allurity
Allurity has acquired Spanish multinational Aiuken Cybersecurity, as an important step in its journey to becoming Europe's leading cybersecurity provider. Aiuken brings an entire SOC platform spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.
Nth Exception and IBM aim to reduce ISO 20022 Migration risk
Source: Nth Exception
Nth Exception announces availability of their ISO 20022 Migration Governance Tool on IBM zSystems, Red Hat OpenShift and IBM LinuxONE.
FSB bids for greater convergence in cyber incident reporting
The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.
Revolut breach exposes data of over 50,000 customers
Revolut has suffered a data breach that exposed personal details of about 50,000 customers worldwide.
CFPB strengthens data privacy and cybersecurity with new rules
The Consumer Financial Protection Bureau (CFPB) has rolled out new regulations on cyber security and data privacy under the Fair Credit Reporting Act.
Banks prepare for cyber-battle to promote cybersecurity awareness
To mark cybersecurity awareness month in the US, this October financial institutions are planning a series of tournaments and events to raise awareness around cyber security issues.
UK finance suffers surge in DDoS attacks
The UK financial sector was subject to a surge in distributed denial of service (DDoS) attacks in the first half of 2022 after Russian forces invaded Ukraine.
Bank of Ireland fined over data breaches
Bank of Ireland has been fined €463,000 by the Data Protection Commission for a series of data breaches affecting customer personal information.
IBM research underscores lack of cloud cohesion
Source: IBM
New global market research from IBM (NYSE: IBM) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together.
Westpac publishes Cyber Response Playbook for SMEs
Source: Westpac
Westpac has today launched its free Cyber Response Playbook to help counter the increase in cyber attacks, as new research shows almost half (49 per cent) of Australian small and medium sized businesses have experienced a cyber attack in the last 12 months.
FCA records 50% rise in serious cyber incidents at UK firms
Cyber incidents reported to the UK's Financial Conduct Authority in 2021 are up by over 50%, with a fifth involving ransom software.
