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20 NOVEMBER 2018
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article thumbnail Wednesday, 31 October 2018

Airlines criticised for data breaches
GDPR rules could result in major fines

Both Cathay Pacific and British Airways are under fire for substantial data breaches

Hong Kong-based Cathay Pacific has admitted a further massive data breach of the most sensitive personal data of passengers five months after admitting the loss of sensitive data potentially affecting 9.4 million passengers, including some from its Hong Kong Dragon Airlines division. Read more ...

 
     

Latest feature
     
 
China chip hack shines spotlight on hardware and supply-chain risk

Article by Jimmy Astle, Senior Threat Researcher, and Paul Drapeau, Enterprise Architect - Security Efficacy, at Carbon Black
Recent revelations in the press [when Bloomberg brought to light severe espionage attacks on 30 US companies, highlighting the existing threat to America’s technology supply chain] should be seen as an opportunity to assess our current threat model and security approach. This recently revealed situation is the hardware analogue to the software supply-chain compromises.
Read more ...
 
     
 
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News - ResearchTuesday, 23 October 2018

Financial crime growing in sophistication
New research highlights need for compliance improvements

Research conducted by financial services compliance consultancy, fscom, has highlighted that firms must improve in key compliance areas in order to combat financial crime and its increasing sophistication. Read more ...

article thumbnail News - Money launderingFriday, 05 October 2018

Crypto currencies used to launder US$88.6m, says report
Criminals becoming "early adopters" of new technology
Various stages of cybercrime explained
A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift. Read more ...

article thumbnail News - Data securityWednesday, 03 October 2018

Tesco Bank suffers first FCA cyber-crime fine
Reputation damage to group inevitable

Tesco bank has been fined £16.4 million penalty for cyber hacking that occurred two years ago. This is the first cyber fine issued by the FCA in the UK. For Tesco, it is a massive hit for its reputation as a trusted retailer and will have implications for the whole organisation and even its loyalty programme membership. Read more ...

News - Money launderingMonday, 01 October 2018

Scandal-hit Danske Bank removes CEO
Interim appointed after laundering claims
Read more ...

article thumbnail News - CybercrimeTuesday, 18 September 2018

Finally a bank prepared to prove their own identity
Barclays commitment to beating scammers
Well done for Barclays for being the first bank taking responsibility for proving their identity. Read more ...

article thumbnail News - InvestigationsWednesday, 12 September 2018

Report into Equifax breach highlights key areas of concern
145.5 million US and 15.2 million UK records were compromised - official
Failures in detection, segmentation and data governance have all been blamed for the massive 2017 Equifax breach. Read more ...

article thumbnail News - Cards and PaymentsThursday, 06 September 2018

Lloyds glitch shows up faults in disaster recovery
Lack of customer communication with social media lethargy hampers response
New report highlights poor communication amongst banks
Can lessons be learnt from other sectors? Read more ...

article thumbnail News - ResearchMonday, 03 September 2018

Employees cause the most breaches
Insider Threat Intelligence Report
Despite increasing investment in security tools, organizations are still getting breached. In fact, the 2018 Verizon Data Breach Investigations Report recorded over 53,000 total security incidents and 2,216 confirmed breaches.
Read more ...

News - CybercrimeThursday, 23 August 2018

Financial Ombudsman supports victims of scams
"Customers not always negligent"

Banks must not automatically blame their customers if targeted by sophisticated scammers, the Financial Ombudsman Service has said. Read more ...

News - CybercrimeThursday, 23 August 2018

North Koreans hack exchange with “first” MacOS Malware
North Korean hackers have infected a cryptocurrency exchange with malware for both Windows and macOS for reportedly the first time, Russian internet security company Kaspersky Lab said today (August 23). Read more ...

News - Research
Financial crime growing in sophistication
Administrator - Tuesday, 23 October 2018

News - Money laundering
Scandal-hit Danske Bank removes CEO
Administrator - Monday, 01 October 2018

News - Money laundering
Crypto currencies used to launder US$88.6m, says report
Administrator - Friday, 05 October 2018

News - Data security
Tesco Bank suffers first FCA cyber-crime fine
Administrator - Wednesday, 03 October 2018

News - Research
Financial crime growing in sophistication
Administrator - Tuesday, 23 October 2018

News - ResearchTuesday, 23 October 2018

Financial crime growing in sophistication
New research highlights need for compliance improvements

Research conducted by financial services compliance consultancy, fscom, has highlighted that firms must improve in key compliance areas in order to combat financial crime and its increasing sophistication. Read more ...

article thumbnail News - Money launderingFriday, 05 October 2018

Crypto currencies used to launder US$88.6m, says report
Criminals becoming "early adopters" of new technology
Various stages of cybercrime explained
A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift. Read more ...

article thumbnail News - Data securityWednesday, 03 October 2018

Tesco Bank suffers first FCA cyber-crime fine
Reputation damage to group inevitable

Tesco bank has been fined £16.4 million penalty for cyber hacking that occurred two years ago. This is the first cyber fine issued by the FCA in the UK. For Tesco, it is a massive hit for its reputation as a trusted retailer and will have implications for the whole organisation and even its loyalty programme membership. Read more ...

News - Money launderingMonday, 01 October 2018

Scandal-hit Danske Bank removes CEO
Interim appointed after laundering claims
Read more ...

article thumbnail News - CybercrimeTuesday, 18 September 2018

Finally a bank prepared to prove their own identity
Barclays commitment to beating scammers
Well done for Barclays for being the first bank taking responsibility for proving their identity. Read more ...

 
     
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