IT for financial services
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News
21 Feb 2024
How Indian fintechs can address compliance issues
Fintechs will need to bolster their know-your-customer practices and establish self-regulatory mechanisms, among other measures, to address compliance issues that have come under the spotlight Continue Reading
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News
03 Jan 2024
Fighting money laundering with AI
Mike Foster, CEO of SymphonyAI Sensa-NetReveal, talks up how AI can be used to fight financial crime and how the company’s technology can augment existing AML investments Continue Reading
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News
21 Aug 2012
At least 9 out of 10 top mobile apps hacked, study shows
An average of 96% of the top 100 paid mobile apps have been hacked, a study has revealed Continue Reading
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News
21 Aug 2012
Interview: David Weymouth, operations director at RSA
David Weymouth, group director of operations and risk at insurance giant RSA, talks to Computer Weekly about the key changes affecting finance technology, and why government intervention to force an overhaul of banks’ IT systems would not work Continue Reading
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News
06 Aug 2012
Regulators must force banks to overhaul IT infrastructure
Regulators must force banks to overhaul complex IT infrastructures which risk causing further large-scale system outages, says IT trade body Intellect Continue Reading
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News
06 Aug 2012
LinkedIn data breach costs more than $1m
LinkedIn says the forensic investigation and other recovery costs of the data breach in June could have topped $1m. Continue Reading
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News
03 Aug 2012
RBS computer problem costs £125m
Royal Bank of Scotland will pay £125m in costs related to computer problems in June that meant customers could not access funds Continue Reading
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News
31 Jul 2012
Cyber threats affect banks worldwide
Nearly a quarter of the world's banks were hit by security breaches in the past year, a study shows Continue Reading
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News
27 Jul 2012
Twitter users targeted by Blackhole malware
Twitter users are being targeted by tweets containing malicious links that claim recipients are pictured in an online photo Continue Reading
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News
26 Jul 2012
Nationwide customers see payments taken out twice
Payments made by customers of Nationwide were taken twice after human error at the bank duplicated the process Continue Reading
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News
26 Jul 2012
NatWest customers hit by further online banking issues
NatWest credit and debit card transactions are not working and online banking is suffering an outage Continue Reading
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News
26 Jul 2012
SQL injection attacks rise sharply in second quarter of 2012
SQL injection (SQLi) attacks were up 69% in the second quarter of 2012 compared with the previous quarter, warns cloud hosting firm FireHost Continue Reading
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News
26 Jul 2012
Australian telco AAPT confirms Anonymous data breach
Australian telecoms firm AAPT confirms business customer data was breached by hacktivist group Anonymous at an external service provider Continue Reading
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News
24 Jul 2012
Nationwide hits major milestone in £1bn IT transformation
Nationwide has reached a major milestone in its five-year technology transformation project with the roll-out of a mortgage system to its branches Continue Reading
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News
19 Jul 2012
Many global firms unaware of online risk, finds KPMG
Many global organisations could do a lot more to protect their private data and reduce exposure to attacks by hackers, according to KPMG Continue Reading
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News
19 Jul 2012
Security researchers join forces to bring down Grum botnet
Security researchers have collaborated to take down Grum, the world’s third-largest botnet of hijacked computers Continue Reading
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News
18 Jul 2012
Microsoft faces substantial EC fine over browser rules breach
Microsoft faces a large fine for failing to offer Windows users a choice of web browser despite apologising to the European Commission (EC) Continue Reading
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News
16 Jul 2012
Sophos combines endpoint security and UTM
Security firm Sophos combines endpoint protection and unified threat management (UTM) products into a single physical or virtual appliance Continue Reading
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News
16 Jul 2012
Olympics media centre set to become datacentre
The Olympics media centre looks set to become a datacentre after the London 2012 Games, with technology company iCITY one of two remaining bidders Continue Reading
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News
13 Jul 2012
The most influential women in UK IT
Computer Weekly is pleased to announce the first ever list of the most influential women in UK IT Continue Reading
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News
13 Jul 2012
Women in Technology 2012
Women technology experts find their careers just as rewarding as men, but image problems are deterring new female recruits, this exclusive research from Computer Weekly and Mortimer Spinks reveals. Continue Reading
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News
09 Jul 2012
Google Android OS Trojan virus hits 100K devices in China
Trojan malware has hit 100,000 devices using the Google Android operating system (OS) in China, say security researchers Continue Reading
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News
06 Jul 2012
Virus could cut 20,000 UK computers from web on Monday, FBI warns
The DNS Changer virus could cause 20,000 computers in the UK – of 350,000 worldwide - to lose web access on 9 July, the FBI has warned Continue Reading
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News
27 Jun 2012
White House cyber security coordinator Howard Schmidt joins Qualys
Former White House cyber security coordinator Howard Schmidt is to join the board of security and compliance company Qualys Continue Reading
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News
27 Jun 2012
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? Continue Reading
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News
27 Jun 2012
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 Continue Reading
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News
27 Jun 2012
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 Continue Reading
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News
27 Jun 2012
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 Continue Reading
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News
22 Jun 2012
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 Continue Reading
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News
22 Jun 2012
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 Continue Reading
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News
21 Jun 2012
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. Continue Reading
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News
21 Jun 2012
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 Continue Reading
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News
18 Jun 2012
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 Continue Reading
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News
12 Jun 2012
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? Continue Reading
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News
11 Jun 2012
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 Continue Reading
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News
11 Jun 2012
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 Continue Reading
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News
08 Jun 2012
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 Continue Reading
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News
08 Jun 2012
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 Continue Reading
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News
07 Jun 2012
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 Continue Reading
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News
06 Jun 2012
Top 10 tips for IPv6 security
Many organisations are being misled about the complexities surrounding IPv6 security, according to security firm Stonesoft Continue Reading
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News
06 Jun 2012
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 Continue Reading
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News
01 Jun 2012
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. Continue Reading
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News
30 May 2012
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 Continue Reading
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News
28 May 2012
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 Continue Reading
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News
28 May 2012
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 Continue Reading
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News
25 May 2012
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 Continue Reading
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News
18 May 2012
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. Continue Reading
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News
18 May 2012
Analyst Insight: Is There a Smart City Market?
The value of the IT market for smart cities globally is approximately $35bn, according to this in depth analysis from Ovum. Continue Reading
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News
18 May 2012
Smart Cities: The anywhere working city
This report from Microsoft presents a vision for the development of smart cities which bring together technology, architecture and people. Continue Reading
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News
17 May 2012
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 Continue Reading
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News
16 May 2012
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. Continue Reading
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News
11 May 2012
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 Continue Reading
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News
10 May 2012
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 Continue Reading
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News
09 May 2012
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 Continue Reading
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News
08 May 2012
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. Continue Reading
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News
04 May 2012
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. Continue Reading
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News
02 May 2012
US to legislate to protect Facebook passwords from employers
The US is planning legislation that will protect Facebook passwords from prying employers Continue Reading
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News
30 Apr 2012
Half of UK networks vulnerable to APTs
Many UK corporate networks are vulnerable to advanced persistent threats (APTs), a survey has revealed. Continue Reading
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News
30 Apr 2012
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 Continue Reading
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News
26 Apr 2012
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 Continue Reading
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News
25 Apr 2012
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. Continue Reading
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News
25 Apr 2012
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. Continue Reading
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News
23 Apr 2012
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 Continue Reading
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News
19 Apr 2012
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. Continue Reading
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News
11 Apr 2012
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. Continue Reading
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News
02 Apr 2012
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 Continue Reading
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News
02 Apr 2012
Fighting Economic Crime in the Financial Services sector
PwC examines the impact of Cybercrime on the financial services industry. Continue Reading
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News
27 Mar 2012
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 Continue Reading
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News
26 Mar 2012
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 Continue Reading
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News
13 Mar 2012
IT as a driver of M&A success
This report from Ernst & Young examines why IT considerations are not given adequate attention in the due diligence prior to mergers and acquisitions. Continue Reading
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News
07 Mar 2012
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 Continue Reading
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News
01 Mar 2012
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 Continue Reading
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News
29 Feb 2012
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 Continue Reading
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News
24 Feb 2012
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. Continue Reading
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News
23 Feb 2012
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. Continue Reading
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News
21 Feb 2012
The Banking Industry Architecture Network and TOGAF
This paper from the Open Group reveals how banks can benefit from combining complementary industry frameworks on enterprise architecture. Continue Reading
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News
16 Feb 2012
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. Continue Reading
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News
14 Feb 2012
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. Continue Reading
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News
13 Feb 2012
IE update top priority for Patch Tuesday
Microsoft releases nine bulletins addressing 21 vulnerabilities in its monthly Patch Tuesday security update on 14 February Continue Reading
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News
10 Feb 2012
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% Continue Reading
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09 Feb 2012
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%. Continue Reading
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News
01 Feb 2012
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 Continue Reading
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News
25 Jan 2012
EC publishes proposed data protection reforms
European Justice Commissioner, Viviane Reding, has unveiled the new European data privacy framework that includes new regulation. Continue Reading
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News
16 Jan 2012
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. Continue Reading
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News
11 Jan 2012
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. Continue Reading
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News
06 Jan 2012
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. Continue Reading
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News
16 Dec 2011
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. Continue Reading
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News
12 Dec 2011
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? Continue Reading
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News
08 Dec 2011
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". Continue Reading
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Feature
08 Dec 2011
UKtech50: Meet the 50 most influential people in UK IT
Computer Weekly has announced the final listing for the second annual UKtech50, the definitive list of the real movers and shakers in UK IT. Continue Reading
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News
08 Dec 2011
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. Continue Reading
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News
05 Dec 2011
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. Continue Reading
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News
30 Nov 2011
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. Continue Reading
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News
29 Nov 2011
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. Continue Reading
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Feature
18 Nov 2011
How to embed innovation in the corporate culture
This paper from Kurt Salmon identifies the common inhibitors to innovation and how to overcome them, and sets out some important principles that can help. Continue Reading
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News
17 Nov 2011
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. Continue Reading
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News
17 Nov 2011
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. Continue Reading
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Video
15 Nov 2011
CW & FT video debates – IT leadership and the CEO
In a series of monthly video debates, Computer Weekly and the Financial Times invite a panel of experts to discuss business and IT issues. Continue Reading
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News
11 Nov 2011
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. Continue Reading
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Feature
11 Nov 2011
Computer Weekly Technology Industry Survey
This in-depth research from Computer Weekly and Mortimer Spinks, provides a must-read analysis and insight into UK IT salaries. Continue Reading
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News
11 Nov 2011
The market landscape for print security
This report is gives an overview of the security risks of the print environment , the market landscape, best practices for a print security strategy. Continue Reading
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News
10 Nov 2011
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. Continue Reading