News

IT for financial services

June 27, 2012 27 Jun'12
Network security: Is new technology bypassing traditional controls?

Network security practices are among the most mature, but can businesses be sure network traffic is not sneaking past traditional controls?
June 27, 2012 27 Jun'12
RBS set to sue supplier CA Technologies for software failure

Reports claim RBS is gearing up for legal action against US software supplier CA Technologies over the technical fault that crashed accounts
June 27, 2012 27 Jun'12
FTC sues Wyndham Worldwide hotel group over data breaches

The US Federal Trade Commission (FTC) is suing hotel group Wyndham Worldwide over claims it failed to secure customer data
June 27, 2012 27 Jun'12
Six arrested in the UK in worldwide FBI-led credit card data sting

Six people in the UK and 12 in the US arrested in an FBI-led sting operation that netted a total of 24 credit card cyber fraudsters in 13 countries

June 22, 2012 22 Jun'12
Software glitch to blame for RBS and NatWest online banking outages

The software glitch behind the outages at RBS and NatWest banks could carry on through the weekend, preventing cutomers from buying online
June 22, 2012 22 Jun'12
RBS and NatWest face second day of outages

Account balances still fail to update for RBS and NatWest customers as the banks go into their second day of technical issues
June 21, 2012 21 Jun'12
RBS and NatWest online services unavailable

Some Royal Bank of Scotland (RBS) and NatWest Bank customers cannot access online services as the banking group experiences a computer problem.
June 21, 2012 21 Jun'12
Banks break with in-house software in move to commercial systems

Increased regulation, reduced profits and customer demands are driving banks to replace home-grown software with off-the-shelf alternatives
June 18, 2012 18 Jun'12
Asian scientists call for government action on supercomputers

Scientists in India, China, Japan, Korea and India have called on their governments to collaborate on supercomputer technology
June 12, 2012 12 Jun'12
2012: Will this be the year TPM finally comes of age?

Will 2012 be the year that TPM finally delivers on its potential to provide a hardware-based "root of trust" for enterprise information security?

June 11, 2012 11 Jun'12
Flame malware gets kill command

The controllers of Flame, the most powerful cyber weapon discovered to date, have recently sent a kill command that removes the malware from some infected computers
June 11, 2012 11 Jun'12
UK technology sector gets financial support

A US hi-tech investment bank with $20bn in assets has opened its first UK branch offering banking and loan services to the technology industry
June 08, 2012 08 Jun'12
eHarmony, Last.fm join LinkedIn with password leaks

Online dating site eHarmony and Last.fm have joined LinkedIn with password leaks, as hackers focus on social networks
June 08, 2012 08 Jun'12
Apple faces £1.43m fine in Australian 4G iPad case

Apple has agreed to pay a £1.43m fine for misleading Australians about the 4G capacity of its latest iPad in a case brought by the national consumer watchdog
June 07, 2012 07 Jun'12
Nasdaq offers $40m compensation for Facebook confusion

The Nasdaq stock exchange in New York is to pay $40m compensation for technical problems that caused confusion on Facebook's first day of share trading
June 06, 2012 06 Jun'12
Top 10 tips for IPv6 security

Many organisations are being misled about the complexities surrounding IPv6 security, according to security firm Stonesoft
June 06, 2012 06 Jun'12
Majority of UK websites fail to comply with cookie law

Most UK websites are not yet compliant with the newly enforced cookie law, a study has revealed
June 01, 2012 01 Jun'12
Former MI5 boss loses laptop

The former boss of the UK's MI5 security service has caused a security scare by losing her laptop at Heathrow.
May 30, 2012 30 May'12
Post Office rolls out NFC contactless payments

The postal company will deploy 300,000 contactless payment terminals across 11,500 Post Offices, making it the largest roll-out of the technology in Europe
May 28, 2012 28 May'12
Security researchers discover powerful cyber espionage weapon 'Flame'

Security researchers have discovered a cyber espionage weapon, dubbed 'Flame', with a functionality greater than any other known threat
May 28, 2012 28 May'12
UK regulator PhonepayPlus shuts down Angry Birds smartphone scam

UK users of Android smartphones have been targeted by premium-rate phone scams masquerading as popular apps such as Angry Birds
May 25, 2012 25 May'12
Video: ICO publishes new guidance on cookie law

The Information Commissioner's Office (ICO) has published new guidance on cookie law and revealed the organisations it has approached on the issue
May 18, 2012 18 May'12
Mobile threats demand focus on data protection, says Websense

Business needs to focus on data protection as cyber criminals turn to mobile malware, says Websense.
May 17, 2012 17 May'12
The Pirate Bay is latest site to be hit by DDoS attack

The Pirate Bay has become the latest high-profile website to be hit by a distributed denial-of-service (DDoS) attack
May 16, 2012 16 May'12
CIO interview: Cathryn Riley, CIO, Aviva

It's been a tough time for Aviva with CEO Andrew Moss forced to step down in a shareholder revolt. But for CIO Cathryn Riley, it’s business as usual.
May 11, 2012 11 May'12
Banks still handicapped by IT legacy

Research finds three-quarters of banks in Europe are using outdated core systems which are hindering their ability to grow
May 10, 2012 10 May'12
Cyber attackers increasingly targeting applications, research shows

Web and mobile applications are the new frontiers in the war against cyber attack, according to an HP cyber security risks report
May 09, 2012 09 May'12
Government snooping plans unveiled

The Queen's Speech has revealed that the government still plans to make it easier for security and police services to spy on e-mails, phone calls and internet activity
May 08, 2012 08 May'12
Inflation negates growth in average IT pay

IT salaries grew by an average of 4.3% in 2011, compared with an average of 2.3% across all sectors, with the average IT salary exceeding £40,000.
May 04, 2012 04 May'12
UK to expand cyber info-sharing hub after initial success

A public/private cyber security initiative exposed a campaign of malicious emails targeting UK defence companies, Cabinet Office minister Francis Maude has revealed.
May 02, 2012 02 May'12
US to legislate to protect Facebook passwords from employers

The US is planning legislation that will protect Facebook passwords from prying employers
April 30, 2012 30 Apr'12
Half of UK networks vulnerable to APTs

Many UK corporate networks are vulnerable to advanced persistent threats (APTs), a survey has revealed.
April 30, 2012 30 Apr'12
Swift builds underground datacentre to keep bank transactions in Europe

Swift is building an underground datacentre to make it possible to fully process European bank transactions in Europe
April 26, 2012 26 Apr'12
Infosec 2012: Unscrubbed hard drives a threat to business, says ICO

Unscrubbed hard drives on computers that are decommissioned and sold on represent a significant risk to business
April 25, 2012 25 Apr'12
Infosec 2012: Internet security body to tackle SSL problems

The Trustworthy Internet Movement (TIM) is to tackle implementation and governance internet communication protocol (SSL) as its first project.
April 25, 2012 25 Apr'12
Infosec 2012: Patching alone can deliver 80% protection

Keeping software up to date with security patches can deliver 80% protection from cyber threats, says security firm Secunia.
April 23, 2012 23 Apr'12
UK firms see competitors as greater cyber attack risk than criminals

More than half of UK firms expect a cyber attack in the next six months, but see competitors as a greater risk than criminals
April 19, 2012 19 Apr'12
Supercomputers will reach 'exascale' speeds within decade

Supercomputers will be powerful enough to simulate the human brain within seven years, says founder of Top500 list.
April 11, 2012 11 Apr'12
Busy security patch month for Microsoft administrators

Microsoft has released six patches, four critical, for 11 vulnerabilities in Office, Windows and various server products in its April security update.
April 02, 2012 02 Apr'12
UK business fears impact of new EU data protection framework

More than half of senior UK IT managers in large enterprises believe the proposed new EU data protection framework will cost their business more money, a survey has revealed
March 27, 2012 27 Mar'12
Retail and insurance lead two-speed IT spending

More IT-based businesses are starting with greater investment in IT after the slowdown, but with lopsided demand as businesses increase spending at different rates
March 26, 2012 26 Mar'12
Barclays Bank card data vulnerable to mobile phone scanning fraud

Channel 4 News has revealed fraudsters can access the data on Barclays Bank cards by scanning them with mobile phones
March 07, 2012 07 Mar'12
FBI informer Hector Xavier Monsegur aids in arrest of LulzSec hackers

Authorities in the US, UK and Republic of Ireland have arrested seven suspected members of hacktivist group LulzSec, including Hector Xavier Monsegur, who helped investigators
March 01, 2012 01 Mar'12
RSA 2012: IT security experts urge enterprises to ban smartphone BYOD schemes

Enterprises should ban employees from using their own smartphones for work, a panel of IT security practitioners told the RSA Conference 2012
February 29, 2012 29 Feb'12
IT departments risk losing responsibility for IT security

IT security professionals can no longer take it for granted that IT security will continue as part of the IT function
February 24, 2012 24 Feb'12
Lloyds bank saves £2bn after HBOS IT integration

Lloyds Banking Group says the integration of its multiple brands has saved more than £2bn per year, with IT a major contributor.
February 23, 2012 23 Feb'12
OSSIM update enables cyber threat intelligence sharing

The latest update to the Open Source Security Information Management (OSSIM) base system includes a mechanism for sharing cyber threat intelligence.
February 16, 2012 16 Feb'12
Cisco wants EU to reconsider Microsoft Skype deal

Cisco is calling on European Union authorities to reconsider the unconditional approval of Microsoft’s $8.5bn acquisition of Skype.
February 14, 2012 14 Feb'12
President of European Parliament critical of Acta

After a weekend of public protests against the controversial Anti-Counterfeiting Agreement (Acta), the president of the European Parliament has added his voice to those of critcs.
February 13, 2012 13 Feb'12
IE update top priority for Patch Tuesday

Microsoft releases nine bulletins addressing 21 vulnerabilities in its monthly Patch Tuesday security update on 14 February