Half of companies have lost a device with important data
March 5, 2013 - Research conducted by Varonis, the leading provider of comprehensive data governance software, found that half of companies have lost a device with important company data on it, causing security implications for over a fifth of organisations. Further, 57% of employees believe that BYOD puts their personal data at risk as well. Despite these concerns, the study also revealed that 86% of the workforce are obsessed with their devices.
Chinese military is behind systematic hacking claims IT security firm Mandiant
February 21, 2013 - American IT security firm, Mandiant, has released a report that identifies what it calls Unit 61398 as a secretive branch of China's military that is dedicated to cyber-hacking and stealing data and secrets from the west, confirming long held fears. China's government has denied the accusation.
Financial industry welcomes Obama cybersecurity plans
February 14, 2013 - US President Barack Obama has signed a cybersecurity executive order designed to improve collaboration and information sharing between the government and critical infrastructure providers such as banks.
GAO: Cybersecurity Needs to Be Better Defined and More Effectively Implemented
February 14, 2013 - Threats to systems supporting critical infrastructure and federal operations are evolving and growing.
Retail banking IT spend to hit $118.6bn in 2013 according to Ovum
February 4, 2013 - IT spending will grow by 3.4 percent at global retail banks reaching US$118.6bn in 2013. The Ovum Business Trends report also finds that European banks are lagging behind their North American and Asia-Pacific counterparts, with just 1.8 percent growth expected, compared to 3.3 percent and 5.1 percent, respectively.
Federal Communications Commission Needs to Strengthen Information Security Controls
February 1, 2013 - The Federal Communications Commission (FCC) did not effectively implement appropriate information security controls in the initial components of the Enhanced Secured Network (ESN) project.
KPMG survey shows executives worried about cyber security and risk
January 30, 2013 - High level directors at numerous corporations around the world are concerned about the quality of information they receive about cyber security threats, says a new KPMG survey of 1,800 audit committee members across 21 countries.
Fed to publish bank stress test results in March
January 29, 2013 - The results of the Federal Reserve's (Fed) banking stress tests will be published on 7 March, it has emerged.
