News

IT for financial services

• May 16, 2014 16 May'14

  Minnesota passes mobile kill switch law to stop theft

  Minnesota has become the first US state to introduce legislation aimed at reducing the theft of smartphones

• May 16, 2014 16 May'14

  Net neutrality under threat from US plan

  The US telecoms regulator has approved proposals that opponents believe will quash the principle of net neutrality

• May 09, 2014 09 May'14

  Orange data breach underlines need for encryption, say experts

  The theft of 1.3 million customer records from Orange, France underlines the need for encryption, say experts

• May 08, 2014 08 May'14

  Internet privacy could thwart data security, warns expert

  Steps to improve online privacy could thwart data security, warns security expert Hugh Thompson

• May 01, 2014 01 May'14

  Co-operative Bank report reveals challenge of legacy IT replacement

  A report into the £1.5bn losses at Co-operative Bank reveals numerous failures in a project to replace core banking systems

• April 30, 2014 30 Apr'14

  Infosec 2014: Threat knowledge is key to cyber security, say experts

  Business should improve awareness of cyber risks to stay ahead of criminals, say experts

• April 30, 2014 30 Apr'14

  Software developers suffer as IT companies endure rising insolvencies

  Increase in the number of IT insolvencies expected as the economy improves

• April 29, 2014 29 Apr'14

  UK and Ireland cyber attacks up 300% in 2013, says FireEye

  UK and Ireland enterprises were hit by an average of more than 70 new infections a day in 2013, a report shows

• April 25, 2014 25 Apr'14

  Cyber threat detection paramount, says SANS fellow

  Cyber threat prevention is ideal, but detection is a must, says Eric Cole, SANS Institute fellow

• April 25, 2014 25 Apr'14

  Heartbleed prompts tech firms to pledge open-source support

  Top tech firms have joined forces to support open-source software to help prevent future bugs like Heartbleed

• April 24, 2014 24 Apr'14

  Facebook reports strong quarter driven by mobile ads

  Facebook has beaten analyst expectations with first-quarter profits of $642m and revenues of $2.5bn, up 72%

• April 11, 2014 11 Apr'14

  Co-op Bank plans to 'fix the fundamentals' and invest in IT

  The Co-operative Bank intends to invest in IT systems following a troubled year

• April 11, 2014 11 Apr'14

  Microsoft halts Windows 8.1 update for businesses due to bug

  Microsoft has suspended the Windows 8.1 update for business users because of a bug.

• April 10, 2014 10 Apr'14

  TCG releases TPM 2 specification for improved security

  The Trusted Computing Group has published an updated specification for the Trusted Platform Module

• April 08, 2014 08 Apr'14

  Workday sees opportunity for cloud financial management in Europe

  Workday plans to push cloud finance and accounting services to enterprise in Europe, but observers say its background in HR technology may prove an obstacle

• April 03, 2014 03 Apr'14

  RBS IT head Mike Errington retires

  Royal Bank of Scotland (RBS) IT head Mike "Offshore Errington" is to retire after months of speculation during the bank's cost-cutting operation

• April 02, 2014 02 Apr'14

  Study alleges deeper NSA influence on RSA

  RSA adopted a second NSA-developed encryption tool, increasing the agency's spying capabilities, a study claims

• April 01, 2014 01 Apr'14

  UK update to copyright law imminent

  The UK is to update its 1988 copyright law for the digital age in line with a nearly three-year-old review

• March 28, 2014 28 Mar'14

  Google says government data requests are up 120% since 2009

  Government requests for information about Google customers, have increased by 120% since 2009

• March 27, 2014 27 Mar'14

  Security an unnecessary expense, say one in six techies

  One in six IT professionals see security as an unnecessary expense, a study has revealed

• March 21, 2014 21 Mar'14

  Customer privacy an ongoing challenge, says Unilever

  Unilever has set up a programme to address the continually evolving challenge of privacy issues relating to customer data

• March 19, 2014 19 Mar'14

  Pirated software malware to cost business $491bn in 2014, study shows

  Malware deliberately loaded into pirated or counterfeit software is expected cost enterprises $491bn in 2014

• March 19, 2014 19 Mar'14

  Firms urged to take tough action on Unix-based cyber attack

  Security researchers have urged businesses to take action on a cyber criminal campaign that has seized control of 25,000+ Unix servers worldwide

• March 17, 2014 17 Mar'14

  SMEs believes they are immune to cyber attack

  Most SMEs believe they are not at real risk of cyber attack, a survey has revealed

• March 12, 2014 12 Mar'14

  More than 162,000 WordPress sites used in DDoS attack

  Security researchers have uncovered a DDoS attack that used more than 162,000 legitimate and unwitting WordPress websites

• March 12, 2014 12 Mar'14

  Tim Berners-Lee calls for internet users’ "bill of rights"

  World Wide Web creator marks its 25th anniversary by calling for a “free, open and truly global internet” enshrined in a "bill of rights"

• March 10, 2014 10 Mar'14

  Dark web key enabler for cyber criminals, say McAfee researchers

  The dark web is a key conduit for the malware industry to refine and distribute its products and services, say security researchers

• February 27, 2014 27 Feb'14

  RBS to tidy up systems mess

  Royal Bank of Scotland (RBS) outlines plans to cut costs and improve customer services, slashing the number of IT systems in the process

• February 27, 2014 27 Feb'14

  MasterCard and Syniverse launch geolocation card verification service

  MasterCard and Syniverse have launched a number of mobile and payment services for mobile users to use while travelling abroad

• February 27, 2014 27 Feb'14

  Microsoft takes aim at passwords

  Microsoft says it is determined to solve the problem of ineffective authentication that relies on usernames and passwords

• February 25, 2014 25 Feb'14

  Flexibility and integration drove NatWest Microsoft Dynamics migration

  NatWest Business Banking selected Microsoft Dynamics CRM when it realised it needed full CRM capability

• February 21, 2014 21 Feb'14

  Employee mobiles expose firms to attack, says Webroot

  Employees mobile devices expose companies to malicious applications and attacks, according to the latest mobile threat report from Webroot

• February 19, 2014 19 Feb'14

  UK firms see 1,000+ internal data breaches a day, study finds

  Internal threats are not a high priority for UK firms despite more than 1,000 internal data breaches a day

• February 19, 2014 19 Feb'14

  NHS England puts patient database on hold

  NHS England is to delay by six months the roll-out of its controversial Care.data scheme for sharing patient records through a central database

• February 18, 2014 18 Feb'14

  Cut Microsoft admin rights to mitigate 92% of threats, study shows

  Removing Microsoft admin rights from employees mitigates 92% of critical vulnerabilities reported in 2013

• February 11, 2014 11 Feb'14

  Why IT outsourcing is increasingly blamed for IT failures at banks

  Are the IT problems at UK banks caused by outsourcing or the use of decades-old mainframe technology – or is it a combination of the two?

• February 11, 2014 11 Feb'14

  Rights groups call on White House to open privacy review

  A coalition of 25 rights groups is calling for a 90-day US government review of big data and the future of privacy to be opened up to the public

• February 11, 2014 11 Feb'14

  UK among targets of 'Mask' advanced cyber espionage campaign

  The UK has been hit more than 100 times in an advanced global cyber espionage campaign that has gone undetected for more than five years

• February 10, 2014 10 Feb'14

  Barclays bank leaks thousands of customer records

  Regulators investigate Barclays after a whistleblower claims the bank leaked 27,000 customer records

• February 06, 2014 06 Feb'14

  Large internet companies could win insurance customers

  Almost a quarter of consumers would consider large internet companies – such as Google and Amazon – as possible insurance providers.

• February 06, 2014 06 Feb'14

  UK critical infrastructure at risk of cyber attack, says IET report

  UK critical national infrastructure is at risk of cyber attack, says a report by consultancy Atkins for the Institution of Engineering and Technology (IET)

• February 05, 2014 05 Feb'14

  Bank of England publishes Waking Shark II cyber security exercise results

  Bank of England publishes the results of its Waking Shark II security exercise, which tested financial institutions' contingency plans for cyber attack

• February 04, 2014 04 Feb'14

  NHS site malicious redirects are a warning to developers

  A coding error that redirected NHS website visitors to malicious content should be a warning to developers, say security experts

• January 31, 2014 31 Jan'14

  Hackers access Yahoo Mail with stolen passwords

  Yahoo has revealed that hackers have tried to access some Yahoo Mail accounts with stolen passwords

• January 30, 2014 30 Jan'14

  Lenovo buys Google’s Motorola Mobility in $3bn deal

  Google has announced the sale of its Motorola Mobility unit to Chinese computer maker Lenovo in a $3bn deal

• January 29, 2014 29 Jan'14

  Cyber security quest strong in UK, says Isaca

  There is a strong interest in cyber security in the UK, says Rob Stroud, international president-elect for Isaca

• January 29, 2014 29 Jan'14

  Barclays job cuts to hit IT VPs

  Barclays is planning to cut hundreds of jobs in its UK investment banking operation with more jobs expected to go overseas

• January 23, 2014 23 Jan'14

  New Snapchat security measure easily by-passed, says researcher

  A new Snapchat security measure to verify users are human is easily by-passed, says researcher

• January 23, 2014 23 Jan'14

  US startup aims to turn tables on hackers

  US startup Shape Security is turning the tables against hackers by using one of their own techniques against them

• January 22, 2014 22 Jan'14

  CERT-UK to drive international cyber security collaboration

  The UK’s new national computer emergency response team (CERT-UK) is set to drive international cyber security collaboration once it becomes operational