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Information Security

April 7, 2014 - Mobile point-of-sale (mPOS) devices can be easily hacked, leaving banks, retailers and customers open to fraud, claims MWR InfoSecurity, which has even managed to play Flappy Bird on one reader.

April 3, 2014 - US regulators have warned banks to protect their automated teller machines and card authorisation systems from a fresh wave of cyber-attacks that seek to exploit ATM control weaknesses to spew out millions of dollars in fraudulent withdrawals.

March 19, 2014 - Good morning. Thank you for having me. I commend SIFMA on organizing this seminar dedicated to discussing President Obama's Executive Order 13636 and the cybersecurity framework published by the National Institute of Standards and Technology (NIST).

March 14, 2014 - The Bank of Russia's Web site was taken down by hackers on Friday ahead of a meeting on interest rates.

April 2, 2014 - With the global economy showing signs of a gradual recovery, worldwide IT spending is on pace to total $3.8 trillion in 2014, a 3.2 percent increase from 2013 spending, according to the latest forecast by Gartner, Inc.

March 19, 2014 - A new study conducted by Ovum has revealed that IT spending within the financial services sector is set to increase in the coming years, hitting the $100 billion mark in 2018.

March 11, 2014 - Promontory Financial Group today announced it has launched a new Web-based tool to assist companies in using a new cybersecurity framework released by the National Institute of Standards and Technology.

March 31, 2014 - The resilience of bank IT systems is set to come under the regulatory microscope in 2013/2014 as the UK's Financial Conduct Authority identifies technology risk as a key area of focus for the coming year.

March 18, 2014 - US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.

March 5, 2014 - Financial services firms are far more likely to fall victim to cybercrime than their counterparts in other industries, according to a survey from PwC.

March 28, 2014 - A new MobileIron study conducted by Ponemon Institute shows that mobility has introduced disruptive business and employee demands that are causing CIOs to shift to a new model of enterprise IT. The study, called "The Changing Mobile Landscape in Financial Services," was released today and surveyed over 400 IT professionals in the financial services industry about the future of BlackBerry, mobile apps, BYOD, mobile strategy, and the new IT capabilities required to succeed with enterprise mobility.

March 18, 2014 - According to the International Data Corporation (IDC) Europe, Middle East and Africa Quarterly Security Appliance Tracker, 4Q14 vendor revenue for the EMEA security appliance market reached $688.5 million, a 0.4% decrease over the same quarter a year ago. Shipments declined by 8.7% year on year with 185,019 units shipped. For 2013, the security appliance market vendor revenue totalled about $2.5 billion, representing a 2.4% increase over 2012.

February 24, 2014 - Thales, leader in information systems and communications security announces F5's support for Thales nShield hardware security modules (HSMs) through F5 Synthesis' High Performance Services Fabric.

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