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Trustwave has released its 2017 cybersecurity report which reveals the top cybercrime, data breach and security threat trends from 2016. The report reveals both good and bad news in the world of cybersecurity as intrusion detection and breach containment times were relatively better, but other threats like malvertisements became cheaper and malicious spam saw increases. Key [...]

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Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a loss of confidence and a run on that bank.” Cyber security will undoubtedly be the dominant theme of 2017, as all tech innovations could be [...]

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Cyber Security, cyberattack, Cybersecurity, cybersecurity standards, Daily News, Fraud & Security, Identity, Issuing & Acquiring, Risk & Compliance -

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US financial system. The plan, released jointly by the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency, would [...]

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Cyber Security, Cybersecurity, Daily News, mobile payment, Mobile Payments, Mobile Wallet, Risk & Compliance -

A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet 42% of respondents have used this payment method in 2015. The 2015 Mobile Payment Security Study from global cybersecurity association ISACA suggests that people who [...]

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