Information Security
US police force pays out bitcoin ransom after falling to Cryptolocker
November 22, 2013 - A US police force has admitted to falling prey to the notorious bitcoin ransomware Cryptolocker, forking over around $750 in the virtual currency to crooks to get its files decrypted.
ECB sets out draft mobile payments security recommendations
November 20, 2013 - The European Central Bank has set out draft recommendations on mobile payments security, covering everything from customer authentication to data protection.
Increased Hacking and Data Leaks Drives Renewed Focus on Board Communications
November 6, 2013 - Thomson Reuters annual Board Governance survey reveals organizations lack understanding of security risks surrounding board materials.
Cybersecurity approaches to APTs are often 10 years out of date, says new ISACA Book
October 11, 2013 - Many of today's most destructive advanced persistent threats (APTs) were conceived a decade ago, so enterprises that rely on most traditional approaches to cybersecurity are unlikely to succeed against the next generation of attacks. This is one of the cautions in a new book published by global IT association ISACA in Cybersecurity Awareness Month.
Hackers steal credit card details of 376,000 Irish consumers
November 15, 2013 - Irish banks AIB and Permanent TSB say that they suspect that some of their customers have fallen victim to card fraud after a massive data breach at loyalty points outfit Loyaltybuild.
IBM Study: Security Officers Gaining a Strategic Voice, Transforming Technology and Business in Global Organizations
October 24, 2013 - A new IBM study of security leaders reveals that they are increasingly being called upon to address board-level security concerns and as a result are becoming a more strategic voice within their organizations.
Adobe hack exposes customer card details
October 4, 2013 - Software giant Adobe says hackers have hit its network, stealing the personal information, including encrypted payment card details, of 2.9 million customers.
Mobile banking use increased 50% in 2013
November 15, 2013 - Mobile banking is becoming an increasingly prominent element of the way people manage their finances.
IBM develops two-factor security for mobile devices
October 21, 2013 - Applying a combination of NFC technology and contactless bank cards, IBM has developed a simple two-factor authentication protocol for users conducting mobile transactions.
Swift signs MoU with Thailand's EDTA to promote uptake of ISO20022
October 4, 2013 - SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today signed a Memorandum of Understanding ("MoU") with Electronic Transactions Development Agency ("ETDA") of Thailand to promote the adoption and use of ISO 20022 among the financial industry in Thailand and ASEAN.
Beglian and Dutch data protection authorities to investigate Swift security
November 14, 2013 - The Belgian and Dutch Data Protection Authorities are to conduct an investigation into security at Swift following allegations that data transmitted over the interbank network was spied on by the US National Security Authority.
East reports 32% rise on European ATM-related fraud attacks
October 14, 2013 - East (the European ATM Security Team) has reported a 32% increase in ATM related fraud attacks, despite a 9% fall in card skimming incidents.
Britain's banks told to draw up cyber-attack plans
October 2, 2013 - Britain's financial institutions must put concrete plans in place over the next few months to deal with the growing threat of cyber-attacks, the Bank of England has warned.
