Bank regulators urged to address security of biometric data
Andrew Tryie, the chair of the UK government's influential Treasury Select Committee has called on banking industry regulators to develop action plans and policies to protect consumer interests in light of the increasing use of biometric technology to access accounts.
UK Government to open cyber security accelerator for tech startups
A groundbreaking partnership between DCMS, GCHQ and the nation’s top tech start-ups to develop new technologies aimed at protecting the UK from cyber attacks has been announced.
New York sets out new cybersecurity rules
New York Governor Andrew Cuomo has set out a host of new cybersecurity regulations for banks and insurance companies in a bid to protect consumer data and financial systems from crooks and terrorists.
Swift presses banks on security as more hacks surface
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 arrest Sage staffer over data breach
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 Survey: Cyber Criminals Possibly Influencing US Presidential Election
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.
Bitcoin tumbles as hackers steal $65 million from Hong Kong exchange
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.
Bank IT spending in mature Asian markets to hit $22 billion
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.
