Security and risk management in the age of disruption
Technology and innovation across sectors remain a primary focus as advances evolve at a rapid rate. Many institutions are looking to leverage technology for a broad range of uses, in financial institutions the primary factor remains security and risk management when implementing such changes.
Card details at risk in massive Marriott data breach
The details of millions of payment cards may have been exposed in a hack on hotel giant Marriott affecting 500 million guests.
CVV codes lifted in Vision Direct breach
Vision Direct says that the personal details and payment card numbers, expiry dates and CVV codes of thousands of customers have been stolen by criminal hackers.
HSBC warns customers of data breach
HSBC has locked some customers out their online accounts in response to a data breach that saw unauthorised users gain access to a host of financial and personal information.
British Airways warns another 185,000 cards compromised by data breach
British Airways is warning that another 185,000 customers may have had their payment card details stolen in a data breach.
Anthem Pays $16 Million Fine Following Largest U.S. Health Data Breach in History
Anthem, Inc. has agreed to pay $16 million to the U.S. Department of Health and Human Services, Office for Civil Rights (OCR) and take substantial corrective action to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA) Privacy and Security Rules after a series of cyberattacks led to the largest U.S. health data breach in history and exposed the electronic protected health information of almost 79 million people.
North Korean hackers used Swift network to steal more than $100m - FireEye
A North Korean hacking group has used the Swift network to try to steal more than $1.1 billion dollars from at least 16 financial institutions around the world since 2014, according to security specialist FireEye, which warns that he crooks are still operating.
Facebook’s Data Breach Could Cost Them $1.63 Billion
Facebook ’s massive data breach, could cost as much as $1.63 billion in fines from regulators in Europe, where privacy laws are more stringent.
