November 7, 2014 - Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of bank fraud because they don't want to frighten people.
November 7, 2014 - A third-party backdoor and a Windows vulnerability helped the Home Depot hackers plunder 56 million card transaction at the point-of-sale and escape with an additional 53 million email addresses, the US home improvement chain has revealed.
November 5, 2014 - Equinix, Inc. (NASDAQ: EQIX), Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the results of a survey conducted by Dimensional Research that uncovers global trends in information technology (IT) strategies for 2015.
November 4, 2014 - Wolters Kluwer Financial Services' new U.S. Insurance Regulatory and Risk Management Indicator reveals that overall levels of concern for compliance and risk within the industry have risen sharply. In the report released today, the main Indicator score rose to 146 from its baseline of 100 established in October 2013.
November 4, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, released its board governance survey for 2014, which shows that despite a slight decline in the amount of board information being produced each year, corporate boards are increasingly exposed to cybersecurity risk. Boards continue to communicate through unsecure means, and have minimal measures in place to prevent a security breach. The survey also shows that one in ten organizations reported that a board member had either lost or had their computing device stolen in 2014, continuing the upward trend of reported sensitive data breaches.
November 4, 2014 - The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released observations from the recent cybersecurity assessment and recommended regulated financial institutions participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC).
October 31, 2014 - The estimated combined spend in 2012 and 2013 by banks on risk management systems was pegged at USD 44 Billion (Chartis Research – Global Risk IT Expenditure 2011, 2014-15) and is expected to reach a combined spend of USD 59.9 Billion in 2014 and 2015.
October 31, 2014 - As November approaches, data science company Feedzai is warning that the month is the fraudsters' favourite, when both card-present and card-not-present crime spike.
