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March 30, 2012 - Visa and MasterCard are warning banks that a US credit card processor has suffered a major security breach that may have compromised the data of millions of people, according to the KrebsonSecurity blog.

March 29, 2012 - European lawmakers have approved tough new rules governing trading in the over-the-counter derivatives market.

March 29, 2012 - The GAO found taht HUD has made progress in implementing prior GAO recommendations on modernizing its IT environment; however more actions are needed. In 2009, GAO reported that HUD lacked key IT management controls; which are essential to achieving successful outcomes.

March 29, 2012 - The GAO found taht HUD has made progress in implementing prior GAO recommendations on modernizing its IT environment; however more actions are needed. In 2009, GAO reported that HUD lacked key IT management controls; which are essential to achieving successful outcomes.

March 27, 2012 - Cybercrime is a growing threat to financial services firms and is now the second most common type of economic crime the industry faces, according to a PricewaterhouseCoopers survey.

March 27, 2012 - Cybercrime is a growing threat to financial services firms and is now the second most common type of economic crime the industry faces, according to a PricewaterhouseCoopers survey.

March 23, 2012 - Apple's iPhone has usurped the Blackberry as the mobile handset of choice for tech-savvy financial services workers, according to new research on the consumerisation of corporate IT by systems integrator Avanada.

March 21, 2012 - Global information technology spending by insurance companies is expected to reach US$140.6 billion in 2012, an increase of 6.3% over 2011. This figure is substantially higher than the 1.1% decline in growth experienced in 2011.

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