CybSafe, the providers of a GCHQ-accredited cyber security awareness platform, announced that it has been selected by the Financial Conduct Authority (FCA) to help shape guidance on tackling the human aspect of cyber security in the financial services sector as part of the FCA’s 2018/2019 Business Plan.

Equifax has identified another 2.4 million US victims of the massive data breach the credit referencing firm suffered last year.

Swiss supervisory watchdog Finma has identified cyber security risks as it chief policy concern for 2018.

The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of the FIX-over-TLS (FIXS) standard and guidelines to assist users of the FIX Protocol meet certain security requirements.

The mastermind behind the Carbanak and Cobalt malware attacks on over a 1000 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies.
In operation since 2013, the crime ring behind the malware struck banks in more than 40 countries resulting in cumulative losses of over EUR1 billion for the financial industry.

Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.

The European Banking Authority (EBA) publishes today its final Guidelines on the supervision of significant branches.

Citi and Kabbage have signed on as founding members of a new industry consortium set up by the World Economic Forum to strengthen the cybersecurity of fintech firms and data aggregators.

The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has agreed its 2018 business priorities will focus on areas including regulatory coherence; CCP recovery & resolution issues; cyber security; FinTech; and SMEs.

Cybersecurity researchers at BAE System believe that a hacking crew operating out of North Korea were behind a recent malware and money-moving attack on Far Eastern International Bank in Taiwan.