A cloud-computing network used by cyber fraudsters to target one million users every week with malware-infected emails has been taken down by law enforcement agencies from more than 30 countries.

Russia's central bank says that hackers stole more than two billion rubles (around $31 million) from correspondent accounts this year.

From blockchain to drones, data analysis to crowdfunded insurance, Internet of Things to genome technology to wearables—where there is an exciting new technology, there’s a way it can revolutionize insurance, and that is exactly what Startupbootcamp InsurTech has found in its Top 10 startups.

SailPoint, the undisputed leader in identity governance, surveyed customers and attendees at this week’s Gartner IAM Summit about their plans for cloud adoption in the next five years. Of the 100 survey respondents, 30 percent plan to transition more of their mission-critical applications to the cloud in the next two years, and a full 50 percent indicated that they will take a cloud-first approach for all IT purchases by 2021.

Dimension Data, the global ICT solutions and services provider, today published its top IT predictions for 2017, and the focus on digital is set to remain the key trend in the industry for the next 12 months.

Matt Gibbs, Product Manager at Linedata, the leading international software and technology provider, comments on the key regulatory challenges facing financial services organisations in 2017, and how a more holistic regulatory technology approach should be adopted to reduce mounting pressure:

Swift's European operations forum in Berlin ended where it began, with a high-powered debate on the ability of the world's banks to combat an escalating cyber threat.