News
IT for financial services
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February 28, 2013
28
Feb'13
RSA 2013: Suppliers need to prepare for new security vulnerability handling standards
Software makers and online service providers need to prepare for two ISO standards on vulnerability handling processes due by the end of 2013
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February 26, 2013
26
Feb'13
RSA 2013: Obama cyber order will have significant effect, says DoHS
President Barack Obama’s executive order on cybersecurity is a “very big deal” says Mark Weatherford, deputy under-secretary for cybersecurity at the US Department of Homeland Security (DoHS).
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February 22, 2013
22
Feb'13
Music companies critical of Google’s anti-piracy efforts
Music companies have accused Google of failing to fulfil a pledge not to give prominent rankings in search results to websites offering illegal music downloads.
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February 15, 2013
15
Feb'13
Bad outsourcing decisions cause 63% of data breaches
Bad outsourcing decisions nearly two-thirds of data breaches investigated by security firm Trustwave in the past year
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February 12, 2013
12
Feb'13
Barclays bank cuts UK jobs
Barclays will cut jobs in the UK as part of a total reduction of 3,700 staff after reporting a substantial drop in profits for the last 12 months
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February 06, 2013
06
Feb'13
EU cyber strategy aimed at boosting preparedness and cooperation
The European cyber security strategy addresses insufficient national preparedness and boosting co-operation in the region, says the EC
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February 06, 2013
06
Feb'13
Business avoids cloud over fear of government snooping
Almost half of IT professionals are deterred from keeping sensitive data in the cloud because of fear of government intervention and possible legal action, a survey has revealed
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February 06, 2013
06
Feb'13
Twitter strengthens login security after hacker attack
Days after a hacking attack, it has emerged that Twitter plans to strengthen its login security with two-factor authentication
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January 28, 2013
28
Jan'13
Why has NAC, like DLP, failed to take off?
Why are organisations not investing in systems that are designed to keep malicious actors out of their networks?
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January 25, 2013
25
Jan'13
Encryption is safe bet, says SafeNet
Encryption is the only thing that can give peace of mind to CIOs and CISOs, says Dave Hansen, president and CEO of security firm SafeNet
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January 24, 2013
24
Jan'13
ICO hits Sony with £250,000 data breach penalty
The Information Commissioner’s office (ICO) has fined Sony Computer Entertainment Europe £250,000 for breaching the Data Protection Act
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January 23, 2013
23
Jan'13
European bank IT investment lags US and Asia-Pacific equivalents
Banks in Asia-Pacific and North America will increase their IT spending significantly more than those in Europe
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January 22, 2013
22
Jan'13
Why has DLP never taken off?
Why is data loss prevention (DLP) technology not being adopted if it provides the very protection most businesses need?
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January 14, 2013
14
Jan'13
Oracle rushes out patches for Java zero days
Oracle has released two out-of-band security updates for the latest zero day vulnerabilities in Java
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January 11, 2013
11
Jan'13
Disable Java to protect from latest zero-day
Security researchers are warning of a zero-day vulnerability in all versions of Java, including the latest Java 7 update 10
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January 10, 2013
10
Jan'13
Software piracy international in scope, says Fast
The scale of software piracy is both international in scope and military in its execution, says the Federation Against Software Theft (Fast)
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January 09, 2013
09
Jan'13
IT contractors seek to fill skills gap left by public sector cuts
IT contractors are increasingly confident about job opportunities in the public sector due to reductions in the civil service's head count, finds research
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January 07, 2013
07
Jan'13
Barclays' Linux programme not a snub to suppliers
Barclays says it is not snubbing any supplier by developing a private cloud infrastructure and using Linux to cut software development costs by 90%.
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January 07, 2013
07
Jan'13
Parliamentary commission calls for electrified banking ring fence
A parliamentary report on plans to separate retail and investment banking calls for legislation to prevent breaches of the ring fence
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January 07, 2013
07
Jan'13
Ernst & Young email keyword analysis identifies fraudsters
Fraud investigators have revealed the most common words used in email conversations by employees engaged in rogue trading and fraud
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January 02, 2013
02
Jan'13
Autonomy CEO Mike Lynch co-operates in HP fraud probe
Former CEO and founder of Autonomy Mike Lynch says he will co-operate with a US investigation into fraud alleged by parent firm HP
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December 28, 2012
28
Dec'12
Top 10 cyber crime stories of 2012
Ten articles that illustrate some of the major trends in cyber crime in 2012
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December 27, 2012
27
Dec'12
Top 10 financial services IT stories in 2012
The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months, despite continued tough market conditions.
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December 12, 2012
12
Dec'12
Ghost Shell hacktivists publish over a million credentials
The Ghost Shell group, an offshoot of the Anonymous hacking collective has published the log-in details from 1.6 million accounts
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December 12, 2012
12
Dec'12
Low-level tasks eat up 30% of IT departments' time, report reveals
IT departments spend 30% of their time carrying out basic tasks and are growing frustrated with the lack of time available to focus on transformational work
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December 10, 2012
10
Dec'12
UK CIOs see EU regulation as key
A third of UK CIOs are more concerned with EU regulation, such as the data protection directive, than their own local laws, a study has revealed.
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December 07, 2012
07
Dec'12
UK government jobs website exploited by hackers
Hackers have been able to exploit security flaws in a new government jobs website to steal personal information about job applicants
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December 04, 2012
04
Dec'12
iPads get IT into the boardroom
Deutsche Börse, Standard Life and Resolution are three finance firms that have transformed board meetings using Apple iPads
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November 27, 2012
27
Nov'12
Zero-day exploit for Yahoo Mail goes on sale
Hacker sells $700 zero-day exploit for Yahoo Mail that allows attacker to use cross-site scripting vulnerability to steal cookies and hijack accounts
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November 26, 2012
26
Nov'12
Security needs to be integral part of life, says McAfee
The world is becoming increasingly connected and security and privacy are integral to modern society, says Raj Samani, CTO of McAfee Europe
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November 26, 2012
26
Nov'12
Ineffective computer system missed £1.4bn UBS fraud
The £1.4bn losses caused by a rogue trader at UBS could have been avoided, according to the Financial Services Authority (FSA)
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November 26, 2012
26
Nov'12
Competing firms jockey for position in mobile payments gold rush
While mobile payments is still in its infancy, the promise of the rewards is substantial and competition for market dominance is gathering pace
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November 23, 2012
23
Nov'12
Barclays Bank to give thousands of staff iPads
Barclays is rolling out 8,500 Apple iPads across branches to improve interaction with customers
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November 22, 2012
22
Nov'12
UKtech50 2012 - The most influential people in UK IT
Computer Weekly has announced the third UKtech50, our annual definitive list of the real movers and shakers in UK IT
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November 19, 2012
19
Nov'12
Cyber criminals target Skype, Facebook and Windows users
Cyber criminals targeted users of Skype, Facebook and Windows using multiple Blackhole exploits in October, according to security firm GFI Software
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November 16, 2012
16
Nov'12
London Stock Exchange technology sales up
The growth of the London Stock Exchange’s MillenniumIT software has outstripped the wider business, with a 19% increase in sales of its trading software
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November 16, 2012
16
Nov'12
Nasa to encrypt data after latest breach
Nasa is to encrypt all its mobile computers after the loss of a laptop containing personal information about more than 10,000 staff
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November 13, 2012
13
Nov'12
Many UK firms underestimate cost of data breaches, study finds
Many UK organisations are still failing to understand the implications and costs of data breaches, a study has revealed
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November 12, 2012
12
Nov'12
Hacking attempts to top one billion in Q4, predicts NCC Group
One billion hacking attempts will be made globally in the final quarter of 2012, according to information assurance firm NCC Group
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November 09, 2012
09
Nov'12
Twitter apologises for unnecessary hacking warnings
Twitter has apologised after telling members their accounts had been hacked and forcing them to reset their passwords
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November 09, 2012
09
Nov'12
Stuxnet hit Chevron’s systems, the energy giant admits
US energy giant Chevron has revealed that it was hit by the Stuxnet virus in 2010
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November 07, 2012
07
Nov'12
Police arrest man for DDoS attacks on Theresa May sites
Police have arrested a 41-year-old man in connection with a cyber attack on websites connected to home secretary Theresa May
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November 06, 2012
06
Nov'12
Gartner Symposium: RBS emulates Amazon with private cloud
Royal Bank of Scotland has developed a private cloud to support its application development process, using Amazon best practices
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November 02, 2012
02
Nov'12
RBS pays customers extra £50m for IT failure
The IT failure that struck Royal Bank of Scotland (RBS) in June will cost more than expected as customers are paid an extra £50m compensation
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November 01, 2012
01
Nov'12
Parliamentary committee joins criticism of draft communications data bill
Home secretary Theresa May faced stern criticism before a Parliamentary committee hearing evidence on the Draft Communications Data Bill
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October 31, 2012
31
Oct'12
Free mobile apps a threat to privacy, study finds
Free mobile apps pose a serious threat to privacy because of their ability to capture large amounts of user information
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October 30, 2012
30
Oct'12
IT security budgets mismatched to hacker targets, study shows
IT security budgets are not being used to provide defence technologies in some areas most likely to be targeted by hackers, a study shows
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October 26, 2012
26
Oct'12
Cloud HR pivotal to Direct Line share offering
Cloud HR proved pivotal to insurance group Direct Line separating from the Royal Bank of Scotland (RBS) before it launched on the stock market
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October 22, 2012
22
Oct'12
RBS spends £80m to link its multiple mainframes better
The Royal Bank of Scotland will dedicate £80m of its massive IT budget to eliminate problems caused by its mainframe infrastructure
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October 16, 2012
16
Oct'12
Organisations need alternative data protection as security models fail
Organisations' security models are failing - so could it be time to adopt an intelligence-led approach to data protection and fighting cyber crime?