ISACA Outlines Five Principles for Effective Information and Technology Governance
July 22, 2014 - In new guidance issued today, global IT association ISACA outlines five principles organizations can use to effectively govern and manage their information and technology.
Full compliance still some way off as AIFMD authorisation deadline arrives, according to new BNY Mellon survey
July 21, 2014 - New research by BNY Mellon, a global leader in investment management and investment services, highlights a compliance shortfall among alternative investment funds (AIFs) on the eve of the deadline for Alternative Investment Fund Managers Directive (AIFMD) authorisation.
20% of UK Organisations Believe Malicious Insiders Pose Biggest Threat to Security
July 18, 2014 - A survey amongst 250 IT security professionals, conducted during this year's Infosecurity Europe show, has revealed that 20% of organisations believe malicious insiders pose the biggest threat to their security. A further 44% suggest employee's ignorance could also cause defences to crumble. Hardly surprising, then, that this audience firmly pointed the finger at 'people' (70%) as the most frequent point of failure in an organisation's IT security, with 20% citing processes and just 9% at technology.
Romanian cybercrime network dismantled
July 18, 2014 - European authorities say they have dismantled a Romanian-dominated cybercrime network that used a host of tactics to steal more than EUR2 million.
US Treasury calls on financial sector to step up cybersecurity planning
July 17, 2014 - A top US Treasury official has called on the financial services sector to step up its efforts to protect consumer privacy and critical infrastructures from the threat of cyber attacks.
UK cyber cops take on Shylock malware
July 11, 2014 - Authorities around the world, led by the UK's National Crime Agency (NCA), have banded together to tackle the Shylock banking malware.
More spending required by Life Insurers on risk and performance analytics
July 14, 2014 - According to a paper published by Financial Risk Solutions (FRS), a provider of unit-pricing and investment administration software to the life insurance industry, Life Insurers need to spend more money on performance analytics to support the risk management function of their business and meet the oversight requirements of pending Solvency II.
Botnet takes advantage of weak passwords to hack POS systems
July 10, 2014 - Security firm FireEye says it has discovered a botnet that is sniffing out point-of-sale systems and using brute force techniques to hack them and steal card data.
