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RBS suffers another IT meltdown as payments go astray

June 17, 2015 - Royal Bank of Scotland is scrambling to fix an IT glitch that caused over 600,000 transactions and hundreds of thousands of pounds in payments to go missing.

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Swift issues ISO 20022 best practice guidelines

June 15, 2015 - SWIFT announces that its Standards Consulting Services team has delivered over 150 ISO 20022 consulting projects to more than 70 clients across the globe.

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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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