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US payments system failing to meet the needs of the digital economy

April 4 2012 - The Federal Reserve and US Congress urgently need to plug a public policy vacuum if the national payment infrastructure is to keep up with changes in the digital economy, according to a former senior Fed executive.

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Global Payments hit by 'massive' breach

March 30, 2012 - Visa and MasterCard are warning banks that a US credit card processor has suffered a major security breach that may have compromised the data of millions of people, according to the KrebsonSecurity blog.

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Cybercrime a growing risk for FS firms - PwC survey

March 27, 2012 - Cybercrime is a growing threat to financial services firms and is now the second most common type of economic crime the industry faces, according to a PricewaterhouseCoopers survey.

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IT Spending in Insurance: A Global Perspective

March 21, 2012 - Global information technology spending by insurance companies is expected to reach US$140.6 billion in 2012, an increase of 6.3% over 2011. This figure is substantially higher than the 1.1% decline in growth experienced in 2011.

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Isitc members to boost IT spending

March 12, 2012 - Financial industry association Isitc says that nearly two thirds of its members plan to increase their information technology spending over the next two years as regulatory compliance continues to dominate the agenda.

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ISACA and SFIA Foundation Partner to Map CISA and CISM Certifications to Skills Framework for the Information Age

March 8, 2012 - The Skills Framework for the Information Age (SFIA), a model for matching the skills of the IT workforce to the needs of the business, has recognized two ISACA certifications: Certified Information Systems Auditor (CISA) and Certified Information Security Manager (CISM).

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