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Financial services top target for cyber attacks

June 9, 2015 - Out of more than six billion analyzed attacks in 2014, finance represents the No. 1 targeted sector of malicious cyber attacks, according to new report from NTT Group.

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US believes China is behind cybersecurity breach of 4 million federal employees

June 5, 2015 - Hackers based in China are behind the massive data breach that could have compromised the personal data of at least 4 million current and former federal employees.

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Cost of cyber security breaches doubles - UK Gov

June 3, 2015 - The average cost of the most severe online security breaches for big business now starts at £1.46 million – up from £600,000 in 2014, according to government research published yesterday (2 June 2015) to raise awareness of the growing cyber threat.

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Bacs warns firms to prepare for new era of Internet security

May 29, 2015 - The internet and internet security are moving on, and this could affect access to the service which is used for collecting Direct Debit or making Bacs Direct Credit payments.

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Alternative challengers in FinTech championing security and regulations

May 27, 2015 - The global financial crisis has left consumer confidence in banks at an all-time low. This disillusionment has led to 'alternative challengers' in the FinTech industry offering alternatives to consumers and businesses. This growth is being underpinned by innovations in technology and FinTech's commitment to maintaining its integrity by implementing strict security and regulatory measures, believes Rosemary Fallows, Head of Operations at Money Mover.

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Financial Services firms must take data security more seriously warns Advanced 365

May 20, 2015 - Financial Services firms must take data security more seriously and adapt their strategies to mitigate the risk of emerging cyber-threats in what is tipped to be the sector's next disruptive decade. These are the findings of a new white paper commissioned by leading managed service provider, Advanced 365 (Advanced).

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