Russian central bank site hit by hackers
March 14, 2014 - The Bank of Russia's Web site was taken down by hackers on Friday ahead of a meeting on interest rates.
Finra levies $1.2 million fines for reporting violations at Triad and Securities America
March 13, 2014 - The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned and fined two firms - Triad Advisors and Securities America - $650,000 and $625,000, respectively, for failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers, and for failing to retain the consolidated reports in accordance with securities laws. In addition, Triad was ordered to pay $375,000 in restitution.
Survey Shows More Than Half of Compliance Officers Expect Personal Liability to Increase in 2014
March 13, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the findings of its annual Cost of Compliance survey which revealed that 53 percent of compliance officers now feel that their personal liability has increased; a reflection of increased focus on senior individuals at the supranational level.
IT GRC Forum Partner, Payments & Cards Network Expands Operations
March 12, 2014 - IT GRC Forum Partner, Payments & Cards Network (PCN) is a leading recruitment and consulting firm focusing on the Payments market for the last 7 years.
ISITC Survey Reveals Increased Financial Industry Support for Operational and Technology Functions
March 12, 2014 - ISITC (The International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced the results of its annual member survey exploring the recent progress of the financial services industry and focuses for 2014.
Swift chief: "When we don't sleep, it is because of cyber risks"
March 11, 2014 - Swift chief executive Gottfried Leibbrandt has called on EU policymakers to steer clear of 'data protectionism' and work towards the creation of a standardised global framework for international cyber-security.
Technology Strategy Not Just an IT Responsibility, Global Study Reveals
March 11, 2014 - A new CA Technologies (NASDAQ:CA) study confirms what many in the industry have suspected: technology spend outside of the IT department is growing rapidly. As software-driven business transformation becomes the norm and businesses use new applications to engage their employees and customers, this trend is expected to continue, and accelerate, in the years to come.
PCI Council warns ATM operators as Windows XP deadline approaches
March 10, 2014 - Up to 95% of the world's ATMs could be left wide open to hackers next month when Microsoft ends tech support for the Windows XP operating system, the PCI Security Standards Council is warning.
