Interbank co-operative Swift is facing an uphill battle to convince its membership of the urgency of upgrading security after revealing a further spate of hacks against users of the financial messaging network.

Police have arrested a Sage employee in connection with a data breach at the accounting and payroll software provider that may have compromised the bank account details of employees at 230 UK companies.

Tripwire, Inc., a leading global provider of endpoint detection and response, security and compliance solutions, today announced the results of a survey of over 220 information security professionals who attended Black Hat USA 2016. The conference took place July 30-August 4, 2016, at the Mandalay Bay Convention Center in Las Vegas, Nevada.

The price of bitcoin has tumbled as one of the world's largest exchanges suspends trading after losing $65 million worth of the cryptocurrency in a massive security breach.

IT spending by banking and securities firms in the mature Asia/Pacific region will reach $22 billion dollars in 2016, a 0.47 percent increase from 2015, according to Gartner.

Against the backdrop of a rising number of sophisticated cyber-attacks on the financial services sector, new guidance on how financial market infrastructures (FMIs) should protect themselves has been put out by a couple of global bodies.

The records of 2.2 million individuals and organisations suspected of being involved in terrorist activity or financial crime have been leaked on the public Internet.