Russian national admits role in world's largest data breach
September 16, 2015 - A Russian national today admitted his role in a worldwide hacking and data breach scheme that targeted major corporate networks, compromised more than 160 million credit card numbers and resulted in hundreds of millions of dollars in losses – the largest such scheme ever prosecuted in the United States.
Retailers lose 94% more revenue to fraud than 2014- LexisNexis
September 16, 2015 - The LexisNexis True Cost of FraudSM study reveals merchants are overwhelmed by increasing revenue losses to fraud.
US insurer warns 10 million records breached in two-year cyberattack
September 11, 2015 - US insurance group Excellus Blue Cross and Blue Shield has warned that up to 10 million customer records may have been compromised during the course of a two-year cyberattack on its computer systems.
Bitcoin DDOS ransom hackers target banks
September 10, 2015 - Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, published today, through the company's Prolexic Security Engineering & Research Team (PLXsert), a new cybersecurity case study.
The majority of banks are not able to forecast regulatory metrics
September 10, 2015 - MORS Software today published the results of its 5th Annual Liquidity Risk Management Survey carried out between May and July 2015. The survey results show the regulatory reporting pressure as the main driver for developing intra-day liquidity risk management in banks, and at the same time shows that development projects are still underway.
$940 billion energy market to be reshaped by EU's Dodd-Frank
September 9, 2015 - (Bloomberg) -- As if slumping prices weren't enough -- German electricity is trading near a 12-year low -- traders and utilities in Europe's $940 billion power and natural gas markets have another reason to be worried.
Gemalto breach index shows 246 million records compromised in H1 2015
September 9, 2015 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today released the findings of the Breach Level Index for the first six months of 2015, revealing that 888 data breaches occurred, compromising 246 million records worldwide.
Securities Commission Malaysia hones in on fintech innovation
September 4, 2015 - Securities Commission Malaysia is to draw key stakeholders together in a bid to create a stable ecosystem for the promotion of fintech innovation in the country.
