January 27, 2014 - Luxury retailer Neiman Marcus says that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a four-month period from July to October 2013.

January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.

January 13, 2014 - Many of the world's biggest banks have serious security flaws in their mobile apps which could leave customers - and the banks themselves - vulnerable to attackers, research from IOActive suggests.

January 22, 2014 - A new piece of research from GreySpark Partners, a capital markets consultancy, examines the strategic principles of data management that are necessary for investment banks to stay competitive as increasing volumes of data are created by trading activities and client interactions.

January 16, 2014 - The U.S. Department of Homeland Security (DHS) has awarded BAE Systems a prime position on the Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II) contract. BAE Systems is one of fifteen primes awarded under the unrestricted track of Functional Category 1 and may compete to provide systems, software, and other IT services and support.

January 9, 2014 - The UK banking sector is a "long way away" from addressing deficiencies in "antiquated" IT systems, a senior Bank of England official has told a parliamentary inquiry.

January 21, 2014 - Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.

January 14, 2014 - The next 12 months will see financial firms increase their investment in technology to drive business growth and manage the market challenges that 2014 will throw at them.

December 23, 2013 - The recent theft of payment data from customers of US retailer Target has highlighted the importance of security in this area once again and raised fears that the US is behind other nations of the world in its data protection and security countermeasures, particularly in regard to its slow adoption of Chip and PIN security technology.

January 20, 2014 - The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.

January 14, 2014 - Target has confirmed that crooks managed to steal the card details of tens of millions of customers by infecting its point-of-sale terminals with malware.

December 20, 2013 - In the wake of the massive data card breach at Target retail stores in the US, the National Association of Federal Credit Unions (Nafcu) has urged Congress to crack down on data security weaknesses in the merchant industry.