Information Security
Sifma Calls for U.S. Cyber War Council
July 8, 2014 - Wall Street's biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document.
Barclays scores govt cyber security certification for digital banking services
July 4, 2014 - Barclays has become the first major organisation to receive a new UK government cyber security certification for its digital banking services.
14-year-olds use online manual to hack ATM
June 13, 2014 - Forgoing a kick around in the playground, a couple of teenage boys spent one school lunch break last week hacking into a Bank of Montreal cash machine.
Zeus-Carberp mashup Trojan targets banks
May 29, 2014 - A new Trojan that combines elements of the notorious Zeus and Carberp families is targeting hundreds of financial institutions around the world, security researchers are warning.
Brazilian scammers score $3.75 billion in malware bank fraud
July 3, 2014 - Brazilian criminal gangs have netted $3.75 billion in a micro-transaction fraud that compromises transactions made using the popular Boleto payment method.
Bank of England works with CREST to deliver cyber-security framework
June 10, 2014 - CREST, the not-for-profit organisation that represents the technical information security industry, has been working with UK Financial Authorities - Bank of England (BoE), Her Majesty's Treasury, and the Financial Conduct Authority - to develop CBEST, a new framework for sharing detailed threat intelligence and delivering cyber security tests and benchmarking for UK financial services providers.
IT experts to come together in Amsterdam at the 2014 Oil and Gas Euro Cyber Security workshop
May 12, 2014 - Amsterdam, Netherlands - Following the success of the 2014 Oil & Gas Cyber Security workshop previously held in Abu Dhabi, UAE last January, Caxton Group is proud to announce the inception of the 2014 Oil and Gas Euro Cyber Security workshop to be held on 23-25 June 2014 at the beautiful city of Amsterdam, Netherlands.
Korean banks under siege from Android malware
June 27, 2014 - Banking Trojans masquerading as Android mobile apps are spreading like wildfire through the smartphones of Korean users, with up to 100,000 devices so far infected.
Liquidnet fined $2m for misusing dark pool subscriber data
June 9, 2014 - Dark pool operator Liquidnet has agreed to pay $2 million to settle SEC charges that it improperly used confidential trading data from its subscribers.
Insider Threat Report Shows Third Party Contractors and Compromised 'Privileged User' Credentials Worry Financial Services Firms
May 12, 2014 - Vormetric, a leader in enterprise data security for physical, virtual and cloud environments, today announced further analysis of its 'Insider Threat' report, conducted in 2014 with industry analyst firm Ovum. Focusing on just those responses from IT decision-makers at financial services organisations in France, Germany, and the United Kingdom (a total of 92 responses), the research reveals how firms in the financial sector are evaluating their exposure to insider threats, and the steps they are taking in order to mitigate the risks.
Consumer trust in banks wavers as card fraud rates rise
June 24, 2014 - Almost one-in-four people have fallen victim to card fraud over the past five years, according to a study of 6100 consumers across 20 countries by ACI Worldwide and Aite.
Authorities cripple Gameover Zeus botnet and CryptoLocker ransomware
June 2, 2014 - An FBI-led international operation to disrupt the Gameover Zeus botnet and CryptoLocker ransomware has given people a two-week window in which to protect their computers.
Hackers nab personal details of 1.3m Orange France customers
May 8, 2014 - French telco giant Orange says that thieves made off with the personal information of 1.3 million customers last month but that payment data was not taken.
