Information Security
Alternative challengers in FinTech championing security and regulations
May 27, 2015 - The global financial crisis has left consumer confidence in banks at an all-time low. This disillusionment has led to 'alternative challengers' in the FinTech industry offering alternatives to consumers and businesses. This growth is being underpinned by innovations in technology and FinTech's commitment to maintaining its integrity by implementing strict security and regulatory measures, believes Rosemary Fallows, Head of Operations at Money Mover.
Financial Services firms must take data security more seriously warns Advanced 365
May 20, 2015 - Financial Services firms must take data security more seriously and adapt their strategies to mitigate the risk of emerging cyber-threats in what is tipped to be the sector's next disruptive decade. These are the findings of a new white paper commissioned by leading managed service provider, Advanced 365 (Advanced).
New York watchdog blasts cyber security at banks' third party vendors
April 9, 2015 - New York State's financial services watchdog is set to tighten up the rules on cyber-security standards for third party vendors working for banks after finding "significant" vulnerabilities in current relationships.
Despite Demands of Ongoing Transformation, CIOs and IT Professionals Remain Focused on Security and Privacy in 2015
March 25, 2015 - As organizations continue to undergo major changes and technology upgrades, CIOs and IT professionals are under growing pressure to manage these transformations successfully while simultaneously addressing increased cybersecurity threats, according to a new survey by global consulting firm Protiviti.
Sally Beauty confirms data breach
May 15, 2015 - Sally Beauty is updating its customers today on its ongoing investigation of unusual payment card activity and on efforts to provide support to any customers who may have been affected by the incident.
Breaking into the Bank: A Groundbreaking New Book on Selling Technology to Banks
April 7, 2015 - John Mitchell, a very experienced buyer of financial technology, has been helping Fintech companies and their investors develop effective customer-centric strategies for selling to the toughest audiences – the financial institutions.
Software AG Names its Top Integration Trends for 2015
March 23, 2015 - Software AG (Frankfurt TecDAX: SOW) today released the company's top trends in integration technology for 2015. Trends highlight the Internet of Things (IoT) as a driver for increased spending as well as the need for cloud and on-premise connectivity for integration projects, forcing a hybrid integration model.
HSBC publishes mortgage account information on the internet
April 16, 2015 - HSBC in the US has begun notifying an undisclosed number of customers that their mortgage account data may have been inadvertently published on the Internet.
Romanian police bust $15m cybergang
April 30, 2015 - Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.
IBM Sponsored Study Finds Mobile App Developers Not Investing in Security
March 20, 2015 - IBM Security and the Ponemon Institute today announced research unveiling an alarming state of mobile insecurity. The findings show nearly 40 percent of large companies, including many in the Fortune 500, aren't taking the right precautions to secure the mobile apps they build for customers. The study also found organizations are poorly protecting their corporate and BYOD mobile devices against cyber-attacks – opening the door for hackers to easily access user, corporate and customer data.
UK banks covering up cybercrime losses - City of London Police
April 14, 2015 - A widely-held suspicion that UK banks are covering up the true scale of cybercrime has been confirmed by the City of London Police chief Adrian Leppard, who says that up to 80% of online crime goes unreported to the authorities.
UK online banking fraud losses soar 48%
March 27, 2015 - Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.
US charges email spammers over huge data breach
March 11, 2015 - US authorities have charged three men in connection with a series of hacks into email service providers that saw customers of some of the country's biggest banks spammed with messages linking to sites selling dodgy software.
