News

IT for financial services

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Research finds three-quarters of banks in Europe are using outdated core systems which are hindering their ability to grow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
February 10, 2012 10 Feb'12
LinkedIn Q4 revenue more than doubles

Social networking site LinkedIn has reported 2011 fourth quarter revenue of $167.7m, up 105% from Q4 2010; and net income of $6.9m, an increase of 30%
February 09, 2012 09 Feb'12
Cisco back on acquisition trail after record quarter

Cisco Systems has reported record revenues of $11.5bn for the second fiscal quarter that ended 28 January 2012, up 11% on the year-ago quarter, and profits of $2.6bn or 47 cents a share, up 27%.
February 01, 2012 01 Feb'12
Fewer than a third of UK organisations plan mobile security projects

Despite the media hype around the adoption of mobile technologies and the need to secure them, relatively few UK organisations are planning mobile security projects, a survey has revealed
January 25, 2012 25 Jan'12
EC publishes proposed data protection reforms

European Justice Commissioner, Viviane Reding, has unveiled the new European data privacy framework that includes new regulation.
January 16, 2012 16 Jan'12
Apple aims to improve working conditions for technology workforce

Apple has published a list of all suppliers for the first time and says it will allow independent observers into its facilities around the world to monitor working conditions.
January 11, 2012 11 Jan'12
Cloud solves IT innovation and maintenance imbalance

CIOs can rebalance the scenario of spending 80% of their budget on maintenance and 20% on innovation if they harness cloud computing.
January 06, 2012 06 Jan'12
Ramnit worm steals 45,000 Facebook passwords

A computer worm has begun targeting Facebook accounts and has stolen at least 45,000 login credentials from users, say security researchers.
December 16, 2011 16 Dec'11
Investment bank JP Morgan goes live with FPGA Maxeler supercomputer

JP Morgan has gone live with a supercomputer for fixed income trading operations. The investment bank is using a Maxeler dataflow supercomputer for analysing and profiling intra-day trading risk.
December 12, 2011 12 Dec'11
Cloud leaves many firewalls wanting – but could automation prove the silver bullet?

Most companies rely on firewalls, but the IT landscape is changing and so must approaches to security. Is there a silver bullet?
December 08, 2011 08 Dec'11
Adobe to release out-of-cycle patch for latest vulnerability

Adobe has issued a security advisory about a newly discovered and still unpatched vulnerability in Adobe Reader and Adobe Acrobat which is being used in "limited, targeted attacks in the wild".
December 08, 2011 08 Dec'11
UKtech50: Meet Mike Lynch, the most influential person in UK IT

Mike Lynch, voted as the most influential person in UK IT, doesn’t like to think about challenges, but about opportunities.
December 05, 2011 05 Dec'11
One in four IT security staff abuse admin rights, survey shows

At least one in four IT security staff use their privileged login rights to look at confidential information, a survey has revealed.
November 30, 2011 30 Nov'11
CIO interview: John Finch, global CIO, Experian

John Finch, global CIO of Experian, discusses his plans to simplify supplier management and his approach to people development.
November 29, 2011 29 Nov'11
Standard Life overhauls IT department and cuts jobs

Insurer Standard Life is to axe a number of IT staff following a review of its IT and operations division.
November 17, 2011 17 Nov'11
Forensics key to effective info security, says E&Y

Intelligence-led security strategies are the most effective in eliminating vulnerabilities and preventing IP theft through enabling informed change, says consultancy firm Ernst & Young.
November 17, 2011 17 Nov'11
IT security not always part of cloud decision, says IDC

Cloud adoption is outstripping security concerns, says Eric Domage, programme manager for IDC in Europe.
November 11, 2011 11 Nov'11
EDF fined £1.3m for hacking into Greenpeace computers

A Paris court has fined French energy firm EDF £1.3m for hacking into Greenpeace computers to find out about the environmental group’s plans to block four planned nuclear power plants in the UK.
November 10, 2011 10 Nov'11
Welcome to the new-look ComputerWeekly.com

Computer Weekly has launched its brand new website - the most important online development in the brand’s 45-year history.
November 07, 2011 07 Nov'11
Analysis: Intelligence key to security business case

Information security is becoming an increasingly important part of any business as the value of information assets continually grow, as do the threats from cyber crime and espionage.
November 07, 2011 07 Nov'11
RBS and Natwest online banking down after maintenance glitch

Royal Bank of Scotland (RBS) and Natwest customers were unable to access online or telephone banking over the weekend after maintenance issues.
October 31, 2011 31 Oct'11
Barclays customers unable to log into online bank accounts

Barclays has confirmed some customers are unable to log into online bank accounts and are experiencing slow response times
October 31, 2011 31 Oct'11
UKtech50: We launch the search for the most influential people in UK IT

Computer Weekly has launched the second annual UKtech50, the definitive list of the real movers and shakers in UK IT - the leaders driving the creation of a high-tech economy.