Information Security

Full extent of FIS data breach comes to light

June 4, 2013 - A 2011 cyber attack on FIS was far more serious than initially reported, according to a Federal Deposit Insurance Corp (FDIC) investigation which also raises questions about the vendor's security practices.

Bloomberg damaged by new data leak

May 14, 2013 - Market data vendor Bloomberg has suffered another blow to its credibility as it emerges that more than 10,000 confidential client memos sent through its private messaging system have been pubished online.

Information Security

FTC to host public forum on threats to mobile devices

May 10, 2013 - The Federal Trade Commission will host a one-day public forum on June 4, 2013 addressing malware, viruses and similar threats facing users of smartphones and other mobile technologies.

Information Security

Half of companies have lost a device with important data

March 5, 2013 - Research conducted by Varonis, the leading provider of comprehensive data governance software, found that half of companies have lost a device with important company data on it, causing security implications for over a fifth of organisations. Further, 57% of employees believe that BYOD puts their personal data at risk as well. Despite these concerns, the study also revealed that 86% of the workforce are obsessed with their devices.

Information Security

Chinese military is behind systematic hacking claims IT security firm Mandiant

February 21, 2013 - American IT security firm, Mandiant, has released a report that identifies what it calls Unit 61398 as a secretive branch of China's military that is dedicated to cyber-hacking and stealing data and secrets from the west, confirming long held fears. China's government has denied the accusation.

Information Security

Financial industry welcomes Obama cybersecurity plans

February 14, 2013 - US President Barack Obama has signed a cybersecurity executive order designed to improve collaboration and information sharing between the government and critical infrastructure providers such as banks.

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