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Lloyds employees stand trial over alleged £2m cyber-fraud

April 24, 2014 - Three Lloyds Bank employees installed devices on colleagues' computers to gain remote access to systems and steal more than £2 million, the Old Bailey has heard.

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Hardware vendor LaCie warns of card data breach

April 16, 2014 - French computer hardware firm LaCie is warning customers who have used its Web site over the last year that hackers may have stolen their card data.

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Researchers hack mPOS devices, play Flappy Bird

April 7, 2014 - Mobile point-of-sale (mPOS) devices can be easily hacked, leaving banks, retailers and customers open to fraud, claims MWR InfoSecurity, which has even managed to play Flappy Bird on one reader.

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Banks losing millions to new wave of ATM hacks - FFIEC

April 3, 2014 - US regulators have warned banks to protect their automated teller machines and card authorisation systems from a fresh wave of cyber-attacks that seek to exploit ATM control weaknesses to spew out millions of dollars in fraudulent withdrawals.

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Worldwide IT spending on pace to grow 3.2% in 2014 - Gartner

April 2, 2014 - With the global economy showing signs of a gradual recovery, worldwide IT spending is on pace to total $3.8 trillion in 2014, a 3.2 percent increase from 2013 spending, according to the latest forecast by Gartner, Inc.

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Bank IT Systems Come Under Regulatory Spotlight

March 31, 2014 - The resilience of bank IT systems is set to come under the regulatory microscope in 2013/2014 as the UK's Financial Conduct Authority identifies technology risk as a key area of focus for the coming year.

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