Editor's News

The SWIFT Institute has published three new working papers, each aiming to contribute towards the establishment of better cyber defences for the financial industry. The research papers focus on enabling financial institutions to get ahead and stay ahead of their cyber adversaries by providing a better understanding of the actors involved, examining a means to effectively share threat information, and establishing common terminology to allow meaningful discussions between industry stakeholders. As cybersecurity threats continue to...

Patrice Perche, senior executive vice president, worldwide sales and support at Fortinet “Over the years, we’ve seen that cybersecurity has become a key investment for organizations, with more and more C-level executives considering it as part of their broader IT strategy. As organizations now embrace digital transformation and turn to technologies like the cloud, cybersecurity is no longer just an IT investment but a strategic business decision. In today’s digital economy, I expect the trend...

SunTec, whose technology powers the financial services and is delivered to over 300 million consumers worldwide, today announced the successful validation, verification and deployment of the Xelerate on Demand Service (XoDS) on Microsoft Azure. The verification process began in March 2017 and completed in July 2017. Banks using Public Cloud services can now deploy the Xelerate on Microsoft Azure, thus taking advantage of increased compute power and application development tools. SunTec is partnering with leading...

Identity and security company Nexus Group launches a new cloud service for digital PDF signing. “No integration is needed: you just sign up for a subscription, and your users can start making secure electronic signatures straight away,” says Daniel Ericsson, head of signing solutions at Nexus. The new service, Nexus GO PDF Signing, costs €199 per month plus €1.50 per document  signed – no matter how many people are signing the document. “When one of your users needs other people to sign a PDF document, they can just upload it to the Nexus GO PDF Signing...

This weekend, Barclays and Cabinet Office-backed security initiative Cyber Security Challenge UK, hosted an immersive competition to test the skills of thirty cyber enthusiasts. The competition required contestants to adopt the role of interns at a fictitious cyber security firm, who had to defend their company from a cyber-attack, triggered by an insider, all while their superiors were on a team-building canoeing adventure.   The competition is the last of 2017’s Cyber Security Challenge UK...

A new study from LastPass and Ovum reveals that despite the clear and present danger that weak passwords pose to organisations, many remain focused on implementing technology based on policy, not the user, to address the problem. More than half of IT executives surveyed rely on employees alone to monitor their own password behaviour, subsequently leaving the company at risk, shining a light on the disconnect between IT policy and human behaviour. The report, which...

The second annual Security Serious Unsung Heroes Awards  winners were revealed on Tuesday night in a light-hearted and entertaining ceremony at St Bart’s Brewery in London. The awards celebrate the people, not products, of the cyber security industry on the front lines of organisations battling cyber threats and often saving the companies they work for from ending up a data breach headline. The free event was a chance for the UK security industry to get...

A study from Veritas Technologies, a leader in multi-cloud data management, has found that organisations across the globe mistakenly believe they are in compliance with the upcoming General Data Protection Regulation (GDPR).   According to findings from The Veritas 2017 GDPR Report, almost one-third (31 per cent) of respondents said that their enterprise already conforms to the legislation’s key requirements. However, when those same respondents were asked about specific GDPR provisions, most provided answers that...

Cyber-security is rarely out of the news these days, with large businesses and organisation under attack. This is now increasingly moving to medium-sized organisations, who are also seeing their capital, reputation and intellectual property challenged by new and insidious threats. However, according to IT solutions and managed services provider (MSP) EACS, while many IT teams are taking steps to improve their organisations’ security posture, their efforts are being hampered by an indifference to the topic...

Top talent from UK and US universities have fired up their laptops to battle a dangerous rogue state developing Weapons of Mass Destruction (WMDs) in the life-like cyber security competition, Cambridge2Cambridge (C2C).   The government and industry backed competition - which is the brainchild of two of the most prestigious universities in the world, the University of Cambridge, in the UK, and the Massachusetts Institute of Technology (MIT), in the US - pits teams of...