Swift calls in outside help to shore up cyber defences
Interbank messaging network Swift has engaged cyber-security specialists BAE Systems and Fox-IT and created a dedicated 'Forensics and Customer Security. Intelligence Team' to help shore up its defences in the wake of a string of high-profile attacks at multiple bank sites.
US charges Iran-government linked hackers with cyber-attacks on US banks
March 24, 2016 - The US Justice Department has indicted seven Iranians connected to the country's government with cyber-attacks on a host of major banks.
Tripwire RSA Survey: Only 38 Percent of Security Professionals Confident in Ransomware Recovery
March 24, 2016 - Tripwire, Inc., a leading global provider of endpoint protection and response, security and compliance solutions, today announced the results of a survey of 200 security professionals attending the RSA Conference 2016between February 29-March 4, 2016.
National Cyber Security Centre to work with Bank of England
March 23, 2016 - The Minister for the Cabinet Office and Paymaster General, Matt Hancock, has confirmed today that the UK's new national cyber centre, announced by the Chancellor in November, will be called the National Cyber Security Centre (NCSC).
Russian banks lose $25.7 million to network worm
March 18, 2016 - Russian banks have lost $25.7 million in the past six months to a new form of malware that infects IT networks and can only be eradicated by a complete infrastructure shut-down.
Financial services staff spend 39% of their time working remotely
March 14, 2016 - Flexible working is on the way to becoming the norm in financial services with the average employee spending 39% of their time working remotely, according to new research from communication and information technology specialist Intercity Technology.
Cyber security low priority for many small businesses
March 11, 2016 - As new figures reveal less than a quarter of small businesses cite cyber security as a top concern, despite its vital importance to consumers and within the supply chain. A FinTech expert warns businesses to plan ahead.
The digital revolution moves from existential threat to potential survival strategy for world’s retail banks
March 19, 2016 - These are just two of a number of predictions made by senior retail banking executives around the world who were surveyed for Retail Banking: In tech we trust, a new report from the Economist Intelligence Unit, sponsored by Temenos.
