Russian teen accused of writing Target malware

Russian teen accused of writing Target malware

January 20, 2014 - The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.

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WEF calls for improved cyber security

WEF calls for improved cyber security

January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.

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FCG to use Algorithmica platform for risk and compliance services

FCG to use Algorithmica platform for risk and compliance services

January 17, 2014 - Algorithmica Research AB and FCG - The Financial Compliance Group AB are pleased to announce that FCG's risk and compliance services offering will be based on Algorithmica's ARMS and Quantlab system platform for financial analytics, market risk and compliance reporting.

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EMVCo Expands Scope To Develop Tokenisation Specifications

EMVCo Expands Scope To Develop Tokenisation Specifications

January 16, 2014 - The global technical body EMVCo will expand its scope to lead the payments industry in its work to standardise payment tokenisation. The new specification will help provide the payments community with a consistent, secure and interoperable environment to make digital payments when using a mobile handset, tablet, personal computer or other smart device.

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PSA Peugeot Citroën deploys SuperDerivatives’ system for corporate risk management and compliance

PSA Peugeot Citroën deploys SuperDerivatives' system for corporate risk management and compliance

January 16, 2014 - PSA International S.A. (PSAI), the international treasury arm of the PSA Peugeot Citroën group, has deployed SuperDerivatives' risk management and financial compliance system CorporeX to manage its multi-asset exposure and hedging activities and ensure compliance with impending European EMIR regulations.

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Algorithmica Risk Management System chosen by FCG

Algorithmica Risk Management System chosen by FCG

January 16, 2013 - Algorithmica Research AB and FCG – The Financial Compliance Group AB are pleased to announce that FCG's risk and compliance services offering will be based on Algorithmica's ARMS and Quantlab system platform for financial analytics, market risk and compliance reporting. The system set-up will also include the Algorithmica History Server for centralized market- and instrument data management with data from multiple sources.

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