Check Point’s 2014 Security Report Shows Data Losses and Malware Rise in Financial Organisations
May 8, 2014 - Check Point has issued its 2014 Security Report, its second annual report uncovering the major security events that occurred and impacted organisations across the world in 2013. Of 150 major financial organisations worldwide, 88% had a data loss incident in 2013, up from 61% in 2012. But despite the numerous high-profile credit card breaches that took place in 2013, Check Point's research found that PCI data loss events in financial organisations slightly reduced to 33%, compared with 36% in 2012.
Volante Technologies helps tackle the 'Big Data' challenge by adding support for Hadoop
April 14, 2014 - Volante Technologies, a global leader in the provision of innovative financial data integration, today announced that it has enhanced Volante Designer version 5.0 to support the Hadoop® framework.
Actian Accelerates Global Growth, Deepens Big Data Analytics Partner Presence in Japan
April 8, 2014 - Actian Corporation ("Actian") continues to build and enhance its commitment to making Big Data analytics accessible for a broad range of progressive Japanese companies. Through an agreement with Insight Technology to distribute the Actian Analytics Platform throughout Japan, Actian delivers the power of game-changing Big Data analytics with best-in-class price-performance within this strategic growth market.
Coping with complex regulation remains top of the buy side agenda
April 4, 2014 - The complexity of regulatory reforms in both Europe and the US places added pressure on asset management firms, forming part of the recent shift in strategy. This year, the buy side gathered at TSAM Europe 2014 to discuss how asset managers can successfully gain control of the ongoing challenge of regulatory compliance, alongside the management of vast volumes of data and coping with the cost of improving operating models.
ReD launches fraud-intelligence service for merchants
April 2, 2014 - ReD, a leading provider of fraud prevention and payment services, has announced the launch of a new service designed to make global fraud intelligence and analytics available to all online merchants.
New SAS® data management software powers big data virtualization, master data management
April 2 , 2014 - As organizations seek more insight from their data, the ability to organize and manage the data pouring in from an ever-growing list of sources is critical. To help organizations better access, manage and use data from any source, SAS has updated its SAS® Master Data Management and SAS Federation Server software.
Investit Expands Operating Model and Data Management Teams
April 1, 2014 - Specialist investment management consultancy Investit is pleased to announce that Martin Gloyne and Jerry Slason have joined the firm to help further develop services in the areas of operations strategy and outsourcing, oversight and data governance.
Nearly Eighty Percent of Financial Customer Accounts and Banks Affected by Recent Data Breaches
March 26, 2014 - Recent publicised data breaches are having an impact on the operations of financial institutions, according to a recent survey by ACI Worldwide (NASDAQ: ACIW). The survey of U.S.-based financial industry professionals was conducted in March 2014 at BAI Payments Connect and reports that 44 percent of customer accounts have been compromised.
