Information Security
UK FS firms see fight against cybercrime as major challenge
British financial services firms expect to increase IT spending at a healthy rate in the near future, according to a CBI/PwC survey which also shows that combatting cybercrime is a growing imperative for the industry. After a tough, Brexit-tinged 2016, the survey of 98 firms shows that sentiment in the financial services sector has stabilised in the first quarter of 2017.
Banks embrace the cloud
Overcoming security concerns, the majority of financial services firms in the US and Asia Pacific have embraced cloud technology, won over by the potential for massive cost savings, according to research from IDC Financial Insights.
Kaspersky records uptick in financial phishing and banking malware
2016 saw a big increase in financial phishing and banking malware, with crooks particularly targeting Android users, according to cybersecurity specialist Kaspersky Lab.
Polish bank malware targets IP addresses in 31 countries - Symantec
Hackers who succeeded it penetrating the Websites of several Polish banks last week appear to be behind a wave of malware attacks that have targeted banks in 31 countries since the end of last year.
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Study Reveals Americans Remain at Risk from “Cyber Confusion” Both at Home and in the Workplace
Kaspersky Lab and HackerOne, the leading bug bounty platform, today announced results of the Hacking America: Cybersecurity Perception study, which revealed that American businesses and consumers still need a more comprehensive understanding of cyberthreats and how to protect personal and sensitive business data online.
Man pleads guilty to part in $1.2 million malware heist
A Brooklyn man has pleaded guilty to running an unlicensed money transmission business to launder the proceeds from a malware attack that successfully pilfered $1.2 million from customer bank accounts.
Tripwire RSA Conference Survey: Only 17 Percent of Security Professionals Confident in US Government’s Cybersecurity Posture
Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, today announced the results of a survey of more than 200 security professionals attending RSA Conference 2017. Conducted at Tripwire’s booth, the survey gauged respondents’ concerns for their own organizations and found there are rising concerns for cybersecurity in general.
ISACA Survey: Cyber Security Skills Gap Leaves 1 in 4 Organizations Exposed for Six Months or Longer
Sophisticated cyber security defenses are increasingly in high demand as a cyber security attack is now viewed as an inevitability. However, a majority of surveyed organizational leaders fear they are ill-equipped to address these threats head-on.
Financial regulator infects Polish banks with malware
Several Polish banks have seen workstations infected with malware that appears to have originated from the country's financial regulator.
Cyber security threat should fall to the shoulders of the Chief Technology Officer
Pressure is mounting on Chief Technology Officers (CTOs) to step up to the plate and protect British businesses from damaging cyber attacks. This is according to the CTO of Advanced, which has published a new white paper on the need for CTOs to act as the new lynchpin for connecting the entire organisation and ensuring cyber security becomes a board level priority.
New Intel Security Cloud Report Reveals IT Departments Find It Hard to Keep the Cloud Safe
Intel Security today announced its second annual cloud security report, “Building Trust in a Cloudy Sky.” The report outlines the current state of cloud adoption, the primary concerns with private and public cloud services, security implications, and the evolving impact of Shadow IT of the more than 2,000 IT professionals surveyed.
Consumer trust in banking security misplaced - Capgemini
Research from Capgemini highlights a striking dichotomy between the views of consumers and banking insiders about levels of security in financial services.
