Information Security
East reports 32% rise on European ATM-related fraud attacks
October 14, 2013 - East (the European ATM Security Team) has reported a 32% increase in ATM related fraud attacks, despite a 9% fall in card skimming incidents.
Cybersecurity approaches to APTs are often 10 years out of date, says new ISACA Book
October 11, 2013 - Many of today's most destructive advanced persistent threats (APTs) were conceived a decade ago, so enterprises that rely on most traditional approaches to cybersecurity are unlikely to succeed against the next generation of attacks. This is one of the cautions in a new book published by global IT association ISACA in Cybersecurity Awareness Month.
Santander has UK's weakest online banking security - Which?
September 26, 2013 - NatWest and RBS have been crowned the UK's most secure online banking providers by consumer group Which?, with Santander ranked bottom of the pile.
NSA snooped on Visa/Swift networks - Der Spiegel
September 16, 2013 - The US National Security Agency allegedly tapped in to credit card and bank-to-bank transactions crossing the Visa and Swift networks as part of its global intelligence gathering operations, according to documents passed to Der Spiegel by whistleblower Edward Snowden.
Adobe hack exposes customer card details
October 4, 2013 - Software giant Adobe says hackers have hit its network, stealing the personal information, including encrypted payment card details, of 2.9 million customers.
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.
12 arrested over multi-million pound Santander cyber-heist plot
September 13, 2013 - UK police have arrested 12 men accused of plotting to take control of a Santander bank branch computer and use it to steal millions of pounds.
Swift signs MoU with Thailand's EDTA to promote uptake of ISO20022
October 4, 2013 - SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today signed a Memorandum of Understanding ("MoU") with Electronic Transactions Development Agency ("ETDA") of Thailand to promote the adoption and use of ISO 20022 among the financial industry in Thailand and ASEAN.
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.
FBI warns banks of 9/11 cyber-attack threat
September 11, 2013 - US banks could face a wave of distributed-denial-of-service (DDoS) hits today to mark the anniversary of the 11 September 2001 terrorist attacks, warns the FBI.
Britain's banks told to draw up cyber-attack plans
October 2, 2013 - Britain's financial institutions must put concrete plans in place over the next few months to deal with the growing threat of cyber-attacks, the Bank of England has warned.
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.
China extends probe into brokerage IT after Everbright reports $85.5 million loss due to glitch
September 9, 2013 - China Everbright Securities lost $85.5 million due to a technical glitch in its order management system which flooded the market with erroneous buy orders and seriously disrupted trading in China last month.
