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Information Security

April 16, 2015 - HSBC in the US has begun notifying an undisclosed number of customers that their mortgage account data may have been inadvertently published on the Internet.

April 14, 2015 - A widely-held suspicion that UK banks are covering up the true scale of cybercrime has been confirmed by the City of London Police chief Adrian Leppard, who says that up to 80% of online crime goes unreported to the authorities.

March 27, 2015 - Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.

March 11, 2015 - US authorities have charged three men in connection with a series of hacks into email service providers that saw customers of some of the country's biggest banks spammed with messages linking to sites selling dodgy software.

April 9, 2015 - New York State's financial services watchdog is set to tighten up the rules on cyber-security standards for third party vendors working for banks after finding "significant" vulnerabilities in current relationships.

March 25, 2015 - As organizations continue to undergo major changes and technology upgrades, CIOs and IT professionals are under growing pressure to manage these transformations successfully while simultaneously addressing increased cybersecurity threats, according to a new survey by global consulting firm Protiviti.

March 10, 2015 - PayPal is to establish a new cyber-security centre in Tel Aviv after confirming the acquisition of local vendor CyActive.

April 7, 2015 - John Mitchell, a very experienced buyer of financial technology, has been helping Fintech companies and their investors develop effective customer-centric strategies for selling to the toughest audiences – the financial institutions.

March 23, 2015 - Software AG (Frankfurt TecDAX: SOW) today released the company's top trends in integration technology for 2015. Trends highlight the Internet of Things (IoT) as a driver for increased spending as well as the need for cloud and on-premise connectivity for integration projects, forcing a hybrid integration model.

March 6, 2015 - Benjamin M. Lawsky, Superintendent of Financial Services, today issued a consumer alert following the recent breach of sensitive customer data at Pioneer Savings Bank, encouraging customers who think they may have been impacted to take the appropriate steps to protect themselves.

April 30, 2015 - Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.

March 20, 2015 - IBM Security and the Ponemon Institute today announced research unveiling an alarming state of mobile insecurity. The findings show nearly 40 percent of large companies, including many in the Fortune 500, aren't taking the right precautions to secure the mobile apps they build for customers. The study also found organizations are poorly protecting their corporate and BYOD mobile devices against cyber-attacks – opening the door for hackers to easily access user, corporate and customer data.

March 5, 2015 - Identity fraudsters stole $16 billion from 12.7 million Americans last year, with a new victim every two seconds, according to Javelin Strategy & Research.

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