Employees Causing Security Threats With Persistent Use of Personal Cloud-Based Lockers, File Sync Services
September 25, 2013 - Nearly 30% of employees are using personal cloud services to store work-related documents, according to a survey conducted at recent technology trade shows in which 5% of respondents also admitted to uploading confidential data to their personal cloud accounts. The severity of this threat to their employers is the subject of a new report from Varonis Systems, Inc., the leading provider of access, governance and retention solutions for human-generated data, which conducted the survey.
New COBIT 5 for Risk Provides Guidelines to Manage Increased IT Risk
September 24, 2013 - From cyberattacks and malicious employee actions to hacks into corporate social media accounts, 2013 is turning out to be a watershed year for technology-related enterprise threats. Organizations must integrate technology risk much more aggressively into enterprise risk management (ERM) if they want to reduce future loss and improve business performance, says a new guide from global IT association ISACA.
Trust Me With Your Data, I’m A Banker
September 24, 2013 - Brits trust their banks and partners more than their parents, colleagues and charities, according to new research. Despite a turbulent past few years earning the financial services industry a battering, it appears that consumers have not been put off from sharing their personal information with the Big Four and more.
Police arrest eight over £1.3m Barclays branch cyber-theft
September 20, 2013 - UK police have arrested eight men in connection with the theft of £1.3 million by a gang which managed to take control of a Barclays Bank branch computer system.
JPMorgan pays $920m in penalties
September 20, 2013 - JPMorgan Chase has entered into settlements with regulators over the Chief Investment Office trading incident and the aftermath that ensued.
US bank regulator raises prospect of cyber-security legislation; Iosco also on guard
September 19, 2013 - A top US banking regulator has warned that more legislation may be needed in the fight against an ever-growing cyber-security threat.
JP Morgan ramps up compliance and controls IT spending
September 18, 2013 - JP Morgan has increased spending on regulatory-related technology by more than a quarter over the past couple of years but is still bracing itself for more legal tangles, says CEO Jamie Dimon.
Swift bids to carve out space in regulatory compliance
September 17, 2013 - Financial messaging network Swift is looking to extend its remit to the emerging regulatory landscape, pitching its shared market infrastructure as a cost-effective means for financial institutions to ease the compliance burden.
