Editor's News

Card fraud rates are on the rise in many parts of the world despite the widespread adoption of fraud analytics solutions by financial institutions and retailers, along with EMV in most countries, according to a new global from ACI Worldwide (NASDAQ: ACIW) and Aite Group. The report Global Consumers: Losing Confidence in the Battle Against Fraud (insert hyperlink) surveyed over 6,000 consumers across 20 countries. It reveals nearly thirty percent of global consumers have experienced...

Delphix, the market leader in data virtualisation software, has revealed that confusion reigns among UK businesses around data protection requirements. From June 2018, any business that offers goods and services to the EU or monitors the behaviour of EU citizens will be subject to the General Data Protection Regulation (GDPR). However, 21 per cent of UK business have no understanding of the impending General Data Protection Regulation (GDPR) being introduced. A further 42 per cent...

IT leaders believe that leadership (93%), understanding business objectives (95%) and project management (92%) skills are the most valued, according to research from the global leader in professional IT resourcing, Experis. Supporting this trend, 62% expect to see an increase in people from non-tech backgrounds entering IT departments over the next two years. As priorities change, the need for individuals with wider skill sets is complicating the existing IT skills shortage. For the report, Tomorrows...

Almost two thirds of businesses still don’t know the value of critical data assets being targeted by cyber criminals, research by leading security consultant IRM has revealed. IRM’s Risky Business Report, which surveyed security heads at their recent conference, found that just 28 per cent of CISOs regularly conduct exercises to categorise and value the data within their IT estate in order to evaluate the risk associated with its loss. 55 per cent have taken...

Publication of the long awaited General Data Protection Regulation (GDPR) of the EU regulation is expected sometime this month but following the Referendum and the UK’s decision to Brexit will it still be imposed on UK companies asks Colin Tankard, Managing Director of data security company Digital Pathways. It was understood that, once published, there would be a two-year period for every organisation that does business in, or with, the EU to comply with the...

Consumers in the UK have little understanding of the complexities surrounding the security of their personal data and are falling prey to a host of myths that could put them at risk according to a leading data specialist. Relying on these misconceptions can lead people to fail to take adequate precautions and can expose valuable personal data to hackers and criminals. Eckoh, specialists in managing secure payment systems and implementing contact centre technologies have drawn...

A Kaspersky Lab security expert has uncovered a malware attack that tricked approximately 10,000 Facebook users around the world into infecting their devices after receiving a message from a friend claiming to have mentioned them on Facebook. Compromised devices were used to hijack Facebook accounts in order to spread the infection through the victim’s own Facebook friends and to enable other malicious activity. Countries in South America and Europe were hardest hit. Between 24th and...

A new report from GreySpark Partners, a leading global capital markets consulting firm, shows that financial firms cannot afford to relax their vigilance against cyber-attacks on any level. Providing impenetrable cyber-security in today’s vast and interconnected electronic financial services industry is a nearly impossible task, and instituting measures that provide the required level of protection is putting security teams under significant pressure. However, cyber-security is not just an IT issue and it increasingly involves business-side...

Following the result of the EU referendum, which will see the UK leave the European Union (EU), businesses must not view this as an excuse to avoid compliance with the General Data Protection Regulation (GDPR). Instead they must keep the terms as a top priority in order to remain competitive in the marketplace, warns The Bunker. It is yet to be confirmed when the UK will begin the two year procedure for departure from the...

Only a fifth of IT decision makers in large multinational corporations are confident that their organisation is fully prepared against the threat of cyber-criminals. The vast majority of companies feel constrained by regulation, available resources and a dependence on third parties when responding to attacks, according to new research from BT and KPMG. The report, Taking the Offensive – Working together to disrupt digital crime finds that, while 94 per cent of IT decision makers...