First EU-wide cyber-security rules backed by MEPs
January 14, 2016 - Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud computing, will have to take action to improve their ability to withstand cyber-attacks under new rules approved by Internal Market MEPs on Thursday.
ISACA Survey: 63% of IT Professionals Are Against Governments Having Backdoor Access to Encrypted Information Systems
January 11, 2016 - Close to two-thirds (63%) of global IT professionals oppose giving governments backdoor access to encrypted information systems, and similar numbers (59%) feel that privacy is being compromised in an effort to implement stronger cybersecurity laws. The survey by global IT and cybersecurity association ISACA of 2,920 members in 121 countries also reveals marked skepticism about the likelihood of organizations sharing data breach information voluntarily as called for by the recently passed U.S. Cybersecurity Information Sharing Act of 2015.
UK banks accused of weak login page security
January 7, 2015 - More than half of banks and building societies in the UK are leaving their online customer login pages vulnerable because of insecure SSL instances, according to security experts at Xiphos Research.
JPMorgan dupes 20% of staff in to opening fake phishing email
December 21, 2015 - Just weeks after falling victim to a massive cyber theft of customer assets, JPMorgan sent a fake phishing email to all employees to test their reaction. You can probably guess what happened next.
Banks to up spending on payments
December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.
UK and US bankers place cybercrime worries ahead of economic outlook
December 9, 2015 - UK and US bankers place fears about cybercrime at the top of a list of 24 possible risks to the financial services industry, beating off traditional worries about excessive regulation and economic growth.
Europe agrees EU-wide legislation on cybersecurity
December 8, 2015 - Negotiators of the European Parliament, the Council and the Commission have agreed on the first EU-wide legislation on cybersecurity.
Fear of cyber-attacks drives increased belief in FS sector 'high-impact event'
December 1, 2015 - Over 60% of risk managers at financial services firms think that the probability of a "high-impact event" on the global system has increased over the last six months, with worries about cyber-attacks driving the rising jitteriness, according to a Depository Trust & Clearing Corporation survey.
