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Swift signs MoU with Thailand's EDTA to promote uptake of ISO20022

October 4, 2013 - SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today signed a Memorandum of Understanding ("MoU") with Electronic Transactions Development Agency ("ETDA") of Thailand to promote the adoption and use of ISO 20022 among the financial industry in Thailand and ASEAN.

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Britain's banks told to draw up cyber-attack plans

October 2, 2013 - Britain's financial institutions must put concrete plans in place over the next few months to deal with the growing threat of cyber-attacks, the Bank of England has warned.

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Santander has UK's weakest online banking security - Which?

September 26, 2013 - NatWest and RBS have been crowned the UK's most secure online banking providers by consumer group Which?, with Santander ranked bottom of the pile.

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Employees Causing Security Threats With Persistent Use of Personal Cloud-Based Lockers, File Sync Services

September 25, 2013 - Nearly 30% of employees are using personal cloud services to store work-related documents, according to a survey conducted at recent technology trade shows in which 5% of respondents also admitted to uploading confidential data to their personal cloud accounts. The severity of this threat to their employers is the subject of a new report from Varonis Systems, Inc., the leading provider of access, governance and retention solutions for human-generated data, which conducted the survey.

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Police arrest eight over £1.3m Barclays branch cyber-theft

September 20, 2013 - UK police have arrested eight men in connection with the theft of £1.3 million by a gang which managed to take control of a Barclays Bank branch computer system.

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US bank regulator raises prospect of cyber-security legislation; Iosco also on guard

September 19, 2013 - A top US banking regulator has warned that more legislation may be needed in the fight against an ever-growing cyber-security threat.

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