The Monetary Authority of Singapore has identified IT supply chains as a critical weakness in the cyber defences of major banks.
The central bank's Cyber Security Advisory Panel (CSAP) notes the growing frequency of attacks on IT supply chains as a means to circumvent the cybersecurity walls erected by banking institutions.
AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announced completion of The Service Organization Control (SOC) 2 Type II audit of RegCloud that confirmed the effectiveness of the firm’s internal controls for compliance and data protection.
A Russian man has pleaded guilty to taking part in a massive computer hacking campaign targeting JPMorgan Chase and other US banks, brokerage firms and financial news publishers.
Andrei Tyurin faces a lengthy prison term after pleading guilty in Manhattan federal court to computer intrusion, wire fraud, bank fraud, and illegal online gambling offenses.
The Financial Services Information Sharing and Analysis Center (FS-ISAC), a US industry consortium, has forged a partnership with Europol’s European Cybercrime Centre (EC3) to combat cybercrime within the European financial services sector.
Acronis, a global leader in cyber protection, today announced a $147 million investment round led by Goldman Sachs.
Cybercrime has emerged as a major concern for UK financial services firms, rocketing security spending to the top of the technology investment agenda, according to a Lloyds Bank report.
Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Yet, business payments are often rooted in legacy practices established decades ago. Until now.
The chief executive of the Hong Kong Stock Exchange (HKEx) has conceded that the trading venue was subject to a series of cyber attacks this week but has insisted that an outage which brought derivatives trading to a halt was related to a software bug and not a hacker.
