March 11, 2015 - US authorities have charged three men in connection with a series of hacks into email service providers that saw customers of some of the country's biggest banks spammed with messages linking to sites selling dodgy software.
March 11, 2015 - Experian, the global information services company, reveals that fraud-detection rates have increased during the past year*, with around 50 frauds now being detected per 10,000 cases during Q4 2014 - compared to 40 frauds detected per 10,000 cases in Q4 2013.
March 10, 2015 - PayPal is to establish a new cyber-security centre in Tel Aviv after confirming the acquisition of local vendor CyActive.
March 10, 2015 - The rush to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to a new report from the Economist Intelligence Unit.
March 9, 2015 - A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.
March 9, 2015 - Investment banks globally must begin implementing measures to offset the risk that they could be fined by regional or global regulators for employee misconduct, according to a new research report from GreySpark Partners, a capital markets consulting firm. These risks also extend to regulatory fines and legal costs resulting from organisational misconduct ranging from illegal trading activities to corruption and other forms of illegal or scandalous behaviour. The GreySpark report, Best Practices in Conduct Risk 2015, explains what banks can do to offset threats to profitability related to a growing emphasis on conduct breaches and employee behaviour following the financial crisis.
March 6, 2015 - A 16-year-old believed to have carried out hundreds of cyber attacks on businesses, and a family of suspected fraudsters are among 35 people arrested by the Metropolitan Police Service (MPS) during a nationwide campaign to bring down cyber criminals.
March 6, 2015 - Benjamin M. Lawsky, Superintendent of Financial Services, today issued a consumer alert following the recent breach of sensitive customer data at Pioneer Savings Bank, encouraging customers who think they may have been impacted to take the appropriate steps to protect themselves.
