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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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Sally Beauty confirms data breach

May 15, 2015 - Sally Beauty is updating its customers today on its ongoing investigation of unusual payment card activity and on efforts to provide support to any customers who may have been affected by the incident.

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Romanian police bust $15m cybergang

April 30, 2015 - Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.

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HSBC publishes mortgage account information on the internet

April 16, 2015 - HSBC in the US has begun notifying an undisclosed number of customers that their mortgage account data may have been inadvertently published on the Internet.

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UK banks covering up cybercrime losses - City of London Police

April 14, 2015 - A widely-held suspicion that UK banks are covering up the true scale of cybercrime has been confirmed by the City of London Police chief Adrian Leppard, who says that up to 80% of online crime goes unreported to the authorities.

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