February 27, 2014 - RBS is planning to reduce the total number of technology platforms it currently uses by 50%, as it looks to turn around a business blighted by years of neglect and overly-complex management structures.
February 26, 2014 - The rise of bitcoin over the last year has piqued the interest of cybercrooks, who have created more than 100 unique families of malware designed to steal virtual currencies, according to Dell SecureWorks.
February 25, 2014 - Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.
February 24, 2014 - A collection of US state financial regulators has become the latest body to launch an investigation into bitcoin and other virtual currencies. Meanwhile, the boss of troubled exchange Mt. Gox has resigned from the board of the Bitcoin Foundation.
February 24, 2014 - Organizations consider public cloud sharing tools as a primary security risk according to a survey of 621 IT professional conducted by Axway (NYSE Euronext: AXW.PA), a market leader in governing the flow of data, and Ponemon Institute.
February 19, 2014 - More than half of U.S. organizations that experienced fraud in the last two years reported an increase in the number of occurrences, according to the Global Economic Crime Survey 2014 released today by PwC US, representing a continuing upward trend in the occurrence and detection of economic crime. Forty-five percent of organizations in the U.S. suffered from some type of fraud in the past two years, more than the global average of 37 percent.
February 20, 2014 - The International Compliance Association (ICA) is pleased to announce a brand new qualification: The ICA FICS Accredited Advanced Certificate in Governance, Risk & Compliance designed for those new to compliance.
February 18, 2014 - Over 80% of institutional investors expect risk management to play an even greater role in the investment decision process in the future, according to a new study published by BNY Mellon, a global leader in investment management and investment services, in collaboration with Nobel Prize-winning economist Dr. Harry Markowitz. In addition, over the next five years 73% expect to spend more time on investment risk issues, while 68% expect to spend more time on operational risk issues. Only 25% of respondents, however, had a chief risk officer.