Bloomberg buys tech to monitor chat on social media
January 12, 2016 - Bloomberg has acquired the technology assets of an Australian company capable of scanning enterprises for inappropriate communications in social media, using pattern matching technology.
ISACA Survey: 63% of IT Professionals Are Against Governments Having Backdoor Access to Encrypted Information Systems
January 11, 2016 - Close to two-thirds (63%) of global IT professionals oppose giving governments backdoor access to encrypted information systems, and similar numbers (59%) feel that privacy is being compromised in an effort to implement stronger cybersecurity laws. The survey by global IT and cybersecurity association ISACA of 2,920 members in 121 countries also reveals marked skepticism about the likelihood of organizations sharing data breach information voluntarily as called for by the recently passed U.S. Cybersecurity Information Sharing Act of 2015.
UK banks accused of weak login page security
January 7, 2016 - More than half of banks and building societies in the UK are leaving their online customer login pages vulnerable because of insecure SSL instances, according to security experts at Xiphos Research.
JPMorgan dupes 20% of staff in to opening fake phishing email
December 21, 2015 - Just weeks after falling victim to a massive cyber theft of customer assets, JPMorgan sent a fake phishing email to all employees to test their reaction. You can probably guess what happened next.
One Third of All Card-Present Transactions Globally Use EMV Chip Technology
December 21, 2015 - Technical body EMVCo has released official figures which demonstrate that one in three of all card-present transactions undertaken globally between July 2014 and June 2015 used EMV® chip technology.
The International Compliance Association helps set new standards in compliance, anti money laundering and countering financial crime
December 18, 2015 - The International Compliance Association (ICA) has been working with The Financial Skills Partnership (FSP) and Skills for Justice to review the National Occupational Standards (NOS) in compliance, anti money laundering and countering financial crime.
Wolters Kluwer Financial Services Predicts Convergence of Governance, Finance, Risk and Compliance for 2016
December 16, 2015 - Next year will see banks increasingly explore ways to use insights from regulatory trends to inform boardroom decision making on risk management and strategic business topics. That's according to Europe, Middle East & Africa (EMEA) experts at Wolters Kluwer Financial Services who predict closer integration between risk and finance functions and that banks will focus on formulating strategic, financial and operational responses to regulatory trends and market dynamics.
Banks to up spending on payments
December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.
