Information Security
New York regulator probes Wall Street cyber-security
December 10, 2014 - Some of Wall Street's biggest banks will face tough new cyber-security assessments under plans from New York state's financial services watchdog.
Sifma slams Finra data collection plans
December 2, 2014 - Plans by Wall Street watchdog Finra to introduce an automated data collection system designed to help identify risky and suspicious activities have been blasted by lobby group Sifma on cost, security and privacy grounds.
FFIEC Releases Cybersecurity Assessment Observations, Recommends Participation in Financial Services Information Sharing and Analysis Center
November 4, 2014 - The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released observations from the recent cybersecurity assessment and recommended regulated financial institutions participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC).
TD Bank slapped with $850,000 fine over 2012 data breach
October 16, 2014 - TD Bank has agreed an $850,000 settlement with the Attorney General of New York over a data breach in 2012 that compromised the financial records of 260,000 customers nationwide.
Hackers infiltrating public companies to gain an edge on Wall Street
December 1, 2014 - Cyber crime tracking outfit FireEye has alerted the FBI to an undergound hacking collective called FIN4, whose intrusions appear to be primarily motivated at gaining an edge in stock market trading.
Staples investigates data breach
October 21, 2014 - Office supply retailer Staples has become the latest firm to reveal that it is investigating a possible data breach that could leave customer payment card details at risk.
Research from BAI Shows Digital Efforts Top-of-Mind for Retail Banks
October 14, 2014 - BAI, the financial services industry's resource for breakthrough information and intelligence, has released "BAI Retail Banking Outlook," its latest research report identifying emerging retail-banking habits and trends. The survey of nearly 400 global industry professionals highlights the growing emphasis financial institutions are placing on mobile banking and social media.
Retailers and banks take data breach fight to Congress
November 13. 2014 - The war of words between retailers and banks over cyber-security failures has moved to the political stage, as lobby groups for both parties petition the political elite on Capitol Hill for legislative action to curb future data breaches.
Kaspersky Lab and INTERPOL Survey Reports: 60 Percent of Android Attacks Use Financial Malware
October 22, 2014 - According to the results of the "Mobile Cyber Threats" survey issued by Kaspersky Lab and INTERPOL between August 2013 and July 2014, malicious programs targeting Android-based devices in order to steal money were used in 60 percent of attempted attacks registered by Kaspersky Lab security products. These cybercriminals frequently targeted Android users in Russia, but also in Ukraine, Spain, United Kingdom, Vietnam, Malaysia, Germany, India and France.
Two Thirds of Enterprise Java Applications Contain Mostly Third Party Code Yet Considered Secure
October 9, 2014 - Waratek, the Java application protection and management company, today announced the results of a survey conducted at the JavaOne 2014 Conference last week. Nearly two-thirds of senior IT professionals polled said their Java applications contain 50 percent or more third party code. Meanwhile, nearly 80 percent believe their applications are somewhat (46%) or very secure (33%). These findings are surprising given the recent disclosure of two massive vulnerabilities in widely used third-party libraries -- the "Shellshock" and "Heartbleed" bugs.
Banks accused of failing to report true scale of cybercrime
November 7, 2014 - Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of bank fraud because they don't want to frighten people.
Crook dumps Target card details on Russian forum
October 17, 2014 - A cyber-crook has uploaded the details of more than five million cards, many of them stolen during the data breach at US retailer Target, to a Russian carding site, says security firm Group-IB.
CGI’s new UK security facilities to deliver protective monitoring and cyber threat analysis services
October 8, 2014 - CGI (NYSE: GIB) (TSX: GIB.A) has opened a state-of-the-art UK Security Operations Center (SOC) in South Wales to provide 24/7, real-time protective monitoring for clients' in-house and cloud-based systems. In addition, its new cybersecurity center in Reading will provide clients with an advanced threat investigation service.
