cyber attack RSS
The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to step up their security, according to... more
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Cyber attack — the words alone can be enough to incite panic. Between a lack of understanding and media sensationalism, any mention of cyber attacks brings to mind catastrophic levels... more
The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... more
The post FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack appeared first on Payments Cards & Mobile.
The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... more
Tough rules laid down by New York’s state regulator will see senior executives at some of the world’s biggest banks and insurers vouch for their companies’ resilience to cyber attacks. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber [...]
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