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Sifma calls for government action after Quantum Dawn cyber security drill

July 19, 2013 - SIFMA today released the following statement from Karl Schimmeck, vice president, financial services operations, upon completion of the Quantum Dawn 2 cybersecurity exercise.

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Citi blames tech for failure to redact personal data from 150k bankruptcy filings

July 18, 2013 - A software glitch saw US bank Citi fail to redact the personal information of nearly 150,000 people in bankruptcy filings, according to court documents unsealed this week.

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Wall Street business continuity testing against cyber threat underway

July 18, 2013 - Wall Street banks and financial institutions (FIs) are testing their business continuity planning (BCP) systems and procedures today against a cyber-attack scenario.

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Exchange data highlights systemic threat from cyber attacks

July 16, 2013 - Just over half of the world's securities markets have fought off intrusions by cyber-attackers over the past year, according to figures released by the International Organisation of Securities Exchanges (IOSCO) and the World Federation of Exchanges (WFE).

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European data privacy watchdog queries anti-money laundering rules

July 5, 2013 - The Commission proposals on money transfers, prevention of money laundering and terrorist financing need to do more than make mere references to data protection, said the European Data Protection Supervisor (EDPS) today.

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US banks team up to improve digital payments safety

July 2, 2013 - The Clearing House (TCH) is working with America's biggest banks on an industry-wide "dynamic credentialing" system that will improve the safety of digital payments.

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