New European regs hitting business functionality - survey
February 13, 2014 - An Infiniti Research survey sponsored by TradeTech Consulting Scandinavia AB, a Virtusa, Swedish subsidiary; reveals that the numerous regulations currently being enforced in Europe's financial markets have considerable impact on business functionality.
Graduates lack skills demanded by FS industry - research
February 12, 2014 - MathWorks, the developer of Matlab and Simulink, today releases research into the skills gap facing the financial services industry.
NIST Releases Cybersecurity Framework
February 12, 2014 - The National Institute of Standards and Technology (NIST) today released a Framework for Improving Critical Infrastructure Cybersecurity. The framework provides a structure that organizations, regulators and customers can use to create, guide, assess or improve comprehensive cybersecurity programs.
Credit unions estimate $30 million hit from Target breach
February 11, 2014 - The National Association of Federal Credit Unions' (Nafcu) estimates that the recent Target data breach could end up costing the credit union community nearly $30 million. Nafcu chief economist and director of research David Carrier says the average cost for the Target data breach among members was $45,000.
Systemic Market and Political Risks Are Biggest Concerns for 2014, Survey Finds
February 11, 2014 - Systemic market and political risk, followed by the uncertainty of new financial regulation, are the top issues named by companies as impacting global market confidence, according to the latest annual investor relations (IR) survey conducted by BNY Mellon, a global leader in investment management and investment services.
Global bank IT spending on the rise as European market recovers
February 11, 2014 - Total bank IT spending across North America, Europe, and Asia-Pacific will grow to $188 billion in 2014, an increase of approximately 4.4% over 2013, according to analyst house Celent.
Study Shows Increased Use of Encryption and Further Key Management Challenges
February 11, 2014 - Thales, leader in information systems and communications security, announces the publication of its latest 2013 Global Encryption Trends Study. The report, based on independent research by the Ponemon Institute and sponsored by Thales, reveals that use of encryption continues to grow in response to consumer concerns, privacy compliance regulations and on-going cyber-attacks and yet there are still major challenges in executing data encryption policy.
UK police using counter-terrorism measure to tackle cyber crime
February 10, 2014 - British banks have joined forces with the City of London Police to use terrorist-fighting techniques to take on cyber-fraudsters, preventing the theft of nearly £175 million over the last few months.
