News

IT for financial services

• July 19, 2022 19 Jul'22

  European IT services see bumper quarter, but signs of slowing emerge

  Spending on IT and BPO services in Europe saw significant growth in the past quarter, but there are signs of a slowdown

• July 19, 2022 19 Jul'22

  UK fintech outperforms global sector

  Investment in UK fintech continues to increase, outpacing a flat global sector, according to Innovate Finance

• July 18, 2022 18 Jul'22

  US cyber agency CISA to open London office

  The US Cybersecurity and Infrastructure Security Agency has chosen London to host its first office outside America

• July 18, 2022 18 Jul'22

  Data and tech platforms helping finance regulator spot problems earlier

  The UK financial services regulator is increasingly using data platforms to proactively regulate the finance sector

• July 15, 2022 15 Jul'22

  Log4Shell on its way to becoming ‘endemic’

  US government report concludes that, like Covid, Log4Shell will be with us for a long time to come

• July 14, 2022 14 Jul'22

  Global IT services market shows signs of slowing

  Spending on IT and business process services could be set to reduce over the coming months as the latest ISG figures show early signs of decline

• July 14, 2022 14 Jul'22

  ICO wants to ‘empower people through information’

  Information Commissioner’s Office sets out commitment to safeguard the information rights of the most vulnerable people in UK society

• July 13, 2022 13 Jul'22

  ING pilot project tests payments from phone to phone

  Dutch bank is testing an app that enables users to make peer-to-peer payments directly from smartphone to smartphone when they are close together

• July 13, 2022 13 Jul'22

  Slippery phish wriggles around MFA protections, says Microsoft

  Microsoft’s threat researchers share details of a phishing campaign that hit 10,000 organisations, against which standard multifactor authentication provides little defence

• July 13, 2022 13 Jul'22

  July Patch Tuesday brings more than 80 fixes, one zero-day

  While some admins can put their feet up and let Windows Autopatch do the hard work of updating their Microsoft estates, for the rest of us, the Patch Tuesday bandwagon keeps on keeping on

• July 13, 2022 13 Jul'22

  Goldman Sachs hires Google incubator founder

  Bank recruits co-founder of Google’s incubator as it continues to transform its business through digital technology

• July 12, 2022 12 Jul'22

  MaliBot Android malware spreading fast, says Check Point

  The MaliBot malware is becoming a persistent and widespread problem, and Android users should be on their guard, says Check Point

• July 12, 2022 12 Jul'22

  Is time running out for legacy payments technology used by banks?

  The company bringing Google-like processing to core banking for banks has added the same proposition in payments

• July 12, 2022 12 Jul'22

  Microsoft Windows Autopatch now generally available

  Microsoft customers with Windows Enterprise E3 and E5 licences can now take full advantage of its new automated patching service

• July 11, 2022 11 Jul'22

  Microsoft VBA macro block will return

  Microsoft provides more details about its sudden decision to rollback a landmark security policy, and reassures users it is a temporary measure

• July 08, 2022 08 Jul'22

  Stop telling clients to pay ransomware gangs, solicitors told

  The NCSC and the ICO are calling on solicitors to help tackle the rising number of ransomware payments being made, and to stop giving erroneous advice to victims

• July 08, 2022 08 Jul'22

  Microsoft appears to reverse VBA macro-blocking

  Microsoft quietly reverses VBA macro-blocking across its Office portfolio in a move that has left security experts puzzled

• July 07, 2022 07 Jul'22

  MI5, FBI chiefs warn of Chinese cyber espionage threat

  In a joint appearance in London, MI5 director general Ken McCallum and FBI director Chris Wray warn of the growing threat posed by the Chinese government to UK and US interests

• July 05, 2022 05 Jul'22

  Prepare for long-term cyber threat from Ukraine war, says NCSC

  The NCSC has published refreshed guidance on cyber preparedness as the war on Ukraine continues, urging organisations to pay attention to the state of their security teams

• July 05, 2022 05 Jul'22

  NCSC CEO: Why we should run towards crises to elevate cyber security

  National Cyber Security Centre CEO Lindy Cameron, the 2022 Computer Weekly UKtech50 Most Influential Person in UK IT, reflects on a career immersed in crisis management, and how she is using this to elevate cyber security standards across the country

• June 29, 2022 29 Jun'22

  New cyber extortion op appears to have hit AMD

  Semiconductor specialist AMD has confirmed it is investigating reports that a ‘bad actor’ has stolen hundreds of gigabytes of its data

• June 28, 2022 28 Jun'22

  Executive interview: Chris Conradi, chief digital officer, FSN Capital

  Chris Conradi is taking his learnings at Google into the private equity industry at Norway’s FSN Capital

• June 27, 2022 27 Jun'22

  Brexit a net negative for UK cyber, say CISOs

  Six years on from the UK’s Brexit vote, the majority of security professionals say leaving the EU has raised concerns over their ability to keep their organisations safe

• June 27, 2022 27 Jun'22

  LockBit ransomware gang launches bug bounty programme

  A bug bounty programme is among a number of features LockBit’s developers have added to ‘version 3.0’ of the ransomware

• June 24, 2022 24 Jun'22

  Black Basta ransomware crew aiming for ‘big leagues’

  Emergent Black Basta ransomware gang has hit more than 50 countries since bursting onto the scene earlier this year, says Cybereason

• June 24, 2022 24 Jun'22

  US cyber agency in fresh warning over Log4Shell risk to VMware

  Many VMware Horizon and UAG servers remain defenceless against Log4Shell, and organisations continue to fall victim to the vulnerability

• June 23, 2022 23 Jun'22

  FCA seeks more tech expertise in fight against fraud

  UK financial services regulator wants technology professionals to join its team fighting online fraud

• June 22, 2022 22 Jun'22

  NatWest files under whistleblower’s bed contain live customer data

  Former Royal Bank of Scotland worker wants bank to take back customer files and provide an ‘adequate receipt’

• June 22, 2022 22 Jun'22

  CIO interview: Simon Liste, chief information technology officer, Pension Protection Fund

  While aspects of the PPF’s three-year digital transformation plan were delayed by the pandemic, the organisation is now pressing ahead with widespread improvements to IT

• June 21, 2022 21 Jun'22

  Government won’t regulate on professional cyber standards

  The government has elected not to proceed with regulatory intervention to embed standards and pathways across the cyber profession

• June 21, 2022 21 Jun'22

  CNI leaders’ attitude to ransomware lackadaisical at best

  A survey of security decision-makers in sectors regarded as critical national infrastructure reveals a disappointing attitude to ransomware threats

• June 21, 2022 21 Jun'22

  New coalition lifts Finland’s 6G status

  Finland is laying the foundations for future European leadership in 6G research and development

• June 17, 2022 17 Jun'22

  British businesses to recognise Google skills certificates

  Google training programmes are being made available to more people in the UK as part of an initiative from the supplier and major UK businesses

• June 17, 2022 17 Jun'22

  Fintech firm chooses Salesforce software to support growth

  Revolut is to use Saleasforce software to support sales and marketing as part of its expansion plans

• June 17, 2022 17 Jun'22

  Government responds to Data Reform Bill consultation

  Westminster claims its new data laws will boost British benefits, protect consumers, and seize the ‘benefits’ of Brexit

• June 16, 2022 16 Jun'22

  Office 365 loophole may give ransomware an easy shot at your files

  Researchers at Proofpoint have discovered potentially dangerous Microsoft Office 365 functionality that they believe may give ransomware a clear shot at files stored on SharePoint and OneDrive

• June 16, 2022 16 Jun'22

  Interpol arrests thousands in global cyber fraud crackdown

  A two-month operation saw law enforcement agencies in 76 countries crack down on organised cyber fraud

• June 15, 2022 15 Jun'22

  Patch Tuesday dogged by concerns over Microsoft vulnerability response

  The last Patch Tuesday in its current form is overshadowed by persistent concerns about how Microsoft deals with vulnerability disclosure

• June 15, 2022 15 Jun'22

  Virgin Money slashes loan application time through fintech

  Business loan application process at Virgin Money cut from days to minutes through fintech platform

• June 14, 2022 14 Jun'22

  MS Azure Synapse vulnerability fixed after six-month slog

  Microsoft patched a critical Azure Synapse vulnerability twice, but each time the researcher who discovered it was able to bypass it with ease, leading to a lengthy saga

• June 14, 2022 14 Jun'22

  Spanish bank and Microsoft create innovation lab

  CaixaBank and Microsoft partner in artificial intelligence and metaverse innovation

• June 14, 2022 14 Jun'22

  Deutsche Bank relocates Russia-based tech staff to Berlin

  German bank offers employees in Russian technology centres the opportunity to move to the German capital

• June 13, 2022 13 Jun'22

  HSBC to give thousands of staff fintech training

  Thousands of HSBC staff will receive training in fintech technologies through a course developed with Saïd Business School

• June 13, 2022 13 Jun'22

  UK, US prepare to launch PET project

  A transatlantic prize challenge to accelerate development of privacy-enhancing technologies is set to begin

• June 13, 2022 13 Jun'22

  Tech startups raise more than £12bn in 2022 to date

  The £12.4bn in venture capital raised is more than was raised in the whole of 2020, putting the UK ahead of every country other than the US

• June 10, 2022 10 Jun'22

  Snake Keylogger climbing malware charts, says Check Point

  Cyber criminals behind Snake Keylogger campaigns have been switching up their tactics in the past few weeks, say researchers

• June 08, 2022 08 Jun'22

  ProxyLogon, ProxyShell may have driven increase in dwell times

  The median network intruder dwell time was up 36% to 15 days last year, thanks to massive exploitation of the ProxyLogon and ProxyShell vulnerabilities by IABs, according to new Sophos data

• June 08, 2022 08 Jun'22

  P27 advance could replace multiple national clearing systems in Nordics

  Nordic payments project promises to make payments to other countries as easy as sending a text message

• May 30, 2022 30 May'22

  UAE residents think 3D printing will have the most positive impact on society

  People in the UAE believe next-generation technologies such as 3D printing and artificial intelligence will become widespread in the country

• May 27, 2022 27 May'22

  NatWest replacing multiple customer service systems

  NatWest Bank puts customer service tools on a single platform using Microsoft Dynamics 365