Report: US banks could face huge cyber attack in 2013
December 14, 2102 - A group of the biggest banks in the US could face a major cyber attack next year, internet security firm McAfee Labs has warned. In a new report, the company said the threat is linked to a malware program known as Project Blitzkrieg, which hackers say has been in development since 2008.
SEC Names Todd K. Scharf as Chief Information Security Officer and Associate Director in Its Office of Information Technology
November 29, 2012 - The Securities and Exchange Commission today announced that it has named Todd K. Scharf, Sr. as Chief Information Security Officer and Associate Director in the agency's Office of Information Technology.
Banks told to step up security over DDoS attacks
October 26, 2012 - With more than a dozen major bank Web sites targeted in DDoS attacks over the last month, financial institutions need to take steps to ensure they don't become the latest victims, warns the US Financial Services Roundtable's technology unit, Bits.
GAO: Additional Action Could Help Protect Consumer Mobile Device Location Data Privacy
October 11, 2012 - Using several methods of varying precision, mobile industry companies collect location data and use or share that data to provide users with location-based services, offer improved services, and increase revenue through targeted advertising.
Lloyds' former security head jailed for nine years for £2.4 million swindle
September 21, 2012 - Lloyds' former head of fraud and security for digital banking has received a nine-year jail sentence after pleading guilty to stealing £2.4 million from the UK banking group.
GAO: Better Implementation of Controls for Mobile Devices Should Be Encouraged
September 18, 2012 - Threats to the security of mobile devices and the information they store and process have been increasing significantly. For example, the number of variants of malicious software, known as "malware," aimed at mobile devices has reportedly risen from about 14,000 to 40,000 or about 185 percent in less than a year.
Who Polices The Fraud And Security Managers?
September 13, 2012 - Following the recent high profile cases of senior fraud and online security managers being caught up with fraudulent activity, UKFraud’s Special Interest Group (SIG) for Corporate Fraud Prevention has drawn up a new set of benchmarks which will help organisations identify the signs that something is awry. The SIG also outlines the most effective strategies for countering these risks.
E-crime costs UK retailers £205m a year - BRC
August 22, 2012 - With e-commerce booming, the government and police must take the associated multi-million pound criminal threat more seriously, says the British Retail Consortium (BRC).
