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September 16, 2013Businesses are being targeted by criminals using highly sophisticated cyber attacks such as denial of service (DoS), botnets, worms, spear phishing and drive-by exploits. Cyber crime and data breaches cost the UK economy £27bn* and are considered one of the top emerging risks for the 21st century.

September 16, 2013 - Less than half of compliance departments fully understand the requirements of new trading regulations according to a survey examining compliance in trading conducted by IPC.

September 16, 2013ISITC (The International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced poll results addressing the most pressing challenges that regulatory change present to the financial industry. Findings reveal mixed feelings regarding the benefits that increased regulatory oversight will yield.

September 16, 2013 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management and MH Derivative Solutions (MHDS) today announced a new partnership agreement. As an independent resource, MHDS will provide market training to existing Numerix users and offer support for product research.

September 16, 2013 - Financial services outsourcing and software provider Target Group, with over £5 billion in assets under management, has made a key appointment in Paul McGarrigle. Paul brings extensive industry experience to his new role as Head of Business Process Improvement.

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.

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.

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.

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