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Banks to up spending on payments

December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.

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UK and US bankers place cybercrime worries ahead of economic outlook

December 9, 2015 - UK and US bankers place fears about cybercrime at the top of a list of 24 possible risks to the financial services industry, beating off traditional worries about excessive regulation and economic growth.

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Europe agrees EU-wide legislation on cybersecurity

December 8, 2015 - Negotiators of the European Parliament, the Council and the Commission have agreed on the first EU-wide legislation on cybersecurity.

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Fear of cyber-attacks drives increased belief in FS sector 'high-impact event'

December 1, 2015 - Over 60% of risk managers at financial services firms think that the probability of a "high-impact event" on the global system has increased over the last six months, with worries about cyber-attacks driving the rising jitteriness, according to a Depository Trust & Clearing Corporation survey.

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Banks to raise IT and innovation spend to counter tech threat

November 25, 2015 - The world's banks are to hike their IT and innovation budgets over the coming year to counter the growing threat from large tech companies like Apple and Google, according to a Capgemini survey of clients of core tech vendor Temenos.

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A quarter of online users would continue to use a website that suffered a data breach

November 25, 2015 - While more than two thirds (68 per cent) of online users would immediately stop using a bank or retailer if the site suffered a security attack or data breach, a quarter would continue using the site. This is according to a survey conducted for global information security and risk management company, NTT Com Security.

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