Credit Union lobby urges Congress to act on retailer data security failings
December 20, 2013 - In the wake of the massive data card breach at Target retail stores in the US, the National Association of Federal Credit Unions (Nafcu) has urged Congress to crack down on data security weaknesses in the merchant industry.
Target says 40 million cards may have been compromised in data breach
December 19, 2013 - The US Secret Service is investigating a massive data card breach at Target retail stores across the United States.
UK IT professionals fear losing the cyber-security battle
December 16, 2013 - Only a minority of 350 UK IT professionals surveyed by One Poll this quarter, on behalf of RedSeal, have said they could truthfully tell the board at their organisation they are secure from cyber-attack, with just 44% of respondents agreeing they could make this statement, while 36% said they couldn't and 20% opted for don't know.
Exchange group sets up cyber-security committee
December 12, 2013 - The World Federation of Exchanges (WFE) has launched the exchange industry's first cyber-security committee, to help fend off the threat from hackers targetting mission critical market infrastructures.
IT infrastructure top priority for financial markets in 2014 says Ovum survey
December 11, 2013 - The primary focus of technology investment for financial market participants next year will be on improving internal IT infrastructures to comply with new regulations, claims a new survey from the Ovum consultancy.
JPMorgan Chase says 465,000 pre-paid cards compromised by hackers
December 5, 2013 - JPMorgan Chase says hackers have compromised its network, putting the personal information of around 465,000 pre-paid cardholders at risk.
Security and BYOD policy management key barriers to corporate mobile banking
December 5, 2013 - Corporate treasurers cite security challenges and bring-your-own-device business policies as the key obstacles to wider uptake of mobile banking platforms for treasury activities.
Quarter of Brits would consider leaving bank over IT meltdown - survey
December 4, 2013 - A quarter of Brits would seriously consider switching their bank if it suffered a major technology failure, such as a problem with ATMs, according to a survey from Fujitsu published just two days after the RBS meltdown.
