October 16, 2014 - TD Bank has agreed an $850,000 settlement with the Attorney General of New York over a data breach in 2012 that compromised the financial records of 260,000 customers nationwide.
October 15, 2014 - The concern U.S. banks and credit unions have over managing compliance and risk is up nearly 30 percent from almost two years ago, according to the latest Regulatory & Risk Management Indicator issued today by Wolters Kluwer Financial Services, a comprehensive provider of risk management, compliance, finance and audit solutions and services.
October 14, 2014 - Netwrix has announced the release of Netwrix Auditor 6.5, providing comprehensive monitoring and auditing capabilities to streamline compliance, strengthen security and simplify root cause analysis across the entire IT infrastructure, including file servers and shares. Delivering complete visibility into who changed what, when and where, along with before and after values of any modification, Netwrix Auditor 6.5 transforms complicated audit logs into human-readable audit trails.
October 14, 2014 - The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.
October 14, 2014 - BAI, the financial services industry's resource for breakthrough information and intelligence, has released "BAI Retail Banking Outlook," its latest research report identifying emerging retail-banking habits and trends. The survey of nearly 400 global industry professionals highlights the growing emphasis financial institutions are placing on mobile banking and social media.
October 10, 2014 - A Russian man accused of hacking into point-of-sale terminals and selling stolen card data on online forums has had a batch of new charges thrown at him ahead of his trial in a US court next month.
October 10, 2014 - Fortress Risk Management, a provider of advanced technology and services that defend community financial institutions from financial crime, has partnered with Canandaigua National Bank and Trust Company to provide its customized financial crime protection solutions.
October 9, 2014 - Waratek, the Java application protection and management company, today announced the results of a survey conducted at the JavaOne 2014 Conference last week. Nearly two-thirds of senior IT professionals polled said their Java applications contain 50 percent or more third party code. Meanwhile, nearly 80 percent believe their applications are somewhat (46%) or very secure (33%). These findings are surprising given the recent disclosure of two massive vulnerabilities in widely used third-party libraries -- the "Shellshock" and "Heartbleed" bugs.