July 27, 2015 - Only 17% of UK organisations have incorporated electronic document storage into their disaster recovery (DR) plans, although 82% admit the need to do so is either 'critical' or 'very important' to maintain business continuity. These are the findings of a new survey by global business automation software provider, V1, carried out among senior IT and finance professionals from 92 organisations across the public, private and third sectors.
July 27, 2015 - (Bloomberg) -- The Federal Reserve said it inadvertently released staff projections for interest rates and the economy late last month, renewing doubts about its measures to protect confidential information.
July 27, 2015 - The Financial Industry Regulatory Authority (Finra) announced today that it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (Oats) reporting violations spanning a period of more than eight years, failure to accurately submit required trade reports to the appropriate Finra Trade Reporting Facility (TRF), and related supervisory failures.
July 22, 2015 - The European Central Bank (ECB) has reported an eight percent increase in fraud among cards issued or acquired within the Single Euro Payments Area (Sepa) for 2013.
July 21, 2015 - Hackers have breached the systems of Ashley Madison, a dating website for would-be adulterers, and are threatening to publish the personal information, including credit card transaction details, of millions of users.
July 21, 2015 - The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services.
July 21, 2015 - This week sees the launch of a new service for regulated financial services firms. Arkk Compliance has already been working with a number of investment firms on COREP and AIFMD filings since a soft launch in April this year.
July 21, 2015 - Netwrix Auditor has been chosen by FXCM Inc. (NYSE:FXCM) to help improve security of critical business assets and data, and to simplify the process of passing compliance audits.
