Security News

The UK's financial regulator, the Financial Conduct Authority (FCA), issued a report Monday warning financial companies that it would be looking closely at so-called 'algo trading': "Algorithmic...

Cyber attacks cost financial services firms more to address and contain than in any other industry, and the rate of breaches in the industry has tripled over the past five years, according to a...

The implementation deadline of the EU General Data Protection Regulation (GDPR) loomsLess than a year to go before full compliance will be required in May 2018.

Last week, the Securities Industry and Financial Markets Association (SIFMA) ran Quantum Dawn IV to test the resiliency and response of the financial services industry to a major cyber incident. read more

Europol Chief Sounds Warnings Over Ransomware, Russian-Speaking ConglomeratesThe financial sector is under increasing threat from cybercrime syndicates, and the distributed nature of today's...

Cyber crooks are using a clever approach to deliver banking malware to the right victims: they are poisoning the search results for specific banking-related keywords. The attack “By targeting...

Lenders face higher costs of fraud than other industries, including retail, e-commerce and financial services. For every dollar of fraud, lending companies incur $2.82 in costs, which includes...