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Information Security

Andrew Tryie, the chair of the UK government's influential Treasury Select Committee has called on banking industry regulators to develop action plans and policies to protect consumer interests in light of the increasing use of biometric technology to access accounts.

A groundbreaking partnership between DCMS, GCHQ and the nation’s top tech start-ups to develop new technologies aimed at protecting the UK from cyber attacks has been announced.

Tripwire, Inc., a leading global provider of endpoint detection and response, security and compliance solutions, today announced the results of a survey of over 220 information security professionals who attended Black Hat USA 2016. The conference took place July 30-August 4, 2016, at the Mandalay Bay Convention Center in Las Vegas, Nevada.

The records of 2.2 million individuals and organisations suspected of being involved in terrorist activity or financial crime have been leaked on the public Internet.

New York Governor Andrew Cuomo has set out a host of new cybersecurity regulations for banks and insurance companies in a bid to protect consumer data and financial systems from crooks and terrorists.

The price of bitcoin has tumbled as one of the world's largest exchanges suspends trading after losing $65 million worth of the cryptocurrency in a massive security breach.

In an era of major regulatory reform, reduced budgets and greater scrutiny, care providers should turn to integrated technology to not only protect themselves but grow and flourish in the face of such demands. This is the finding of a new white paper from Advanced, exploring how growing pressures in the sector can be relieved.

Interbank co-operative Swift is facing an uphill battle to convince its membership of the urgency of upgrading security after revealing a further spate of hacks against users of the financial messaging network.

IT spending by banking and securities firms in the mature Asia/Pacific region will reach $22 billion dollars in 2016, a 0.47 percent increase from 2015, according to Gartner.

Interbank messaging network Swift has engaged cyber-security specialists BAE Systems and Fox-IT and created a dedicated 'Forensics and Customer Security. Intelligence Team' to help shore up its defences in the wake of a string of high-profile attacks at multiple bank sites.

Police have arrested a Sage employee in connection with a data breach at the accounting and payroll software provider that may have compromised the bank account details of employees at 230 UK companies.

Against the backdrop of a rising number of sophisticated cyber-attacks on the financial services sector, new guidance on how financial market infrastructures (FMIs) should protect themselves has been put out by a couple of global bodies.

March 24, 2016 - The US Justice Department has indicted seven Iranians connected to the country's government with cyber-attacks on a host of major banks.

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