Stories by Matthew Finnegan

Small business security failings create enterprise supply chain risk, says Kaspersky Lab

By Matthew Finnegan | 18 July, 2014 17:07

Lax security practices among small and medium businesses (SMBs) are leaving larger firms vulnerable to attack, security firm Kaspersky Lab has warned.

Cloud opens up UK firms' data to CIA spies, warns Bank of England CIO

By Matthew Finnegan | 20 June, 2014 04:06

The Bank of England's CIO has advised caution in adopting public cloud services, with potential pitfalls around security, costs and data sovereignty.

Security concerns slow bank adoption of cloud and mobile

By Matthew Finnegan | 18 June, 2014 01:04

Concerns over security are creating a barrier to the deployment of technologies such as cloud and mobile by UK banks, a survey has claimed.

Bank of England receives ‘7 or 8 cyber attacks a week', says CISO

By Matthew Finnegan | 13 June, 2014 01:06

The Bank of England is fending off regular attempts to hack its into systems each week, with hactivists and nation states the most common culprits.

Network Rail: Cyber security will be ‘major issue' as business goes digital

By Matthew Finnegan | 12 June, 2014 17:07

The threat of cyber attack will become a "major issue" for Network Rail in the next three to five years as it increases its reliance on connected technology across organisation.

Bank of England launches cyber security test framework

By Matthew Finnegan | 11 June, 2014 04:08

The Bank of England has launched a cyber intelligence network to help improve understanding of cyber attacks and identify where the banking sector is most vulnerable.

Bank knowledge-sharing vital to cyber threat protection, warns industry body

By Matthew Finnegan | 11 June, 2014 01:07

Communications between banks and government agencies must improve if the finance sector is to protect itself against the growing threat of cyber crime, according to an industry body.

Student Loans Company criticised by ICO for data breaches

By Matthew Finnegan | 28 May, 2014 17:07

The Student Loans Company has been criticised by the Information Commissioner's Office (ICO) for a series of data breaches relating to customer records.

Lloyds employees accused of £2m computer fraud

By Matthew Finnegan | 25 April, 2014 17:04

Three bank clerks employed by Lloyds Banking Group have been accused of stealing £2 million after installing a remote access device on a colleague's computer.

Bank of England plans new round of cyber resiliency tests for UK banks

By Matthew Finnegan | 23 April, 2014 04:05

The Bank of England is planning additional resiliency tests of security systems to ensure that UK banks can protect themselves against a growing cyber threat.

Financial services firms to increase cyber security budgets this year, PwC claims

By Matthew Finnegan | 17 April, 2014 02:05

Financial services firms plan to increase spending on cyber defences this year, as more become aware of the risks to the sector.

JP Morgan to invest £150 million on boosting cyber security

By Matthew Finnegan | 16 April, 2014 04:08

US bank JP Morgan has increased its budget for cyber security in reaction to an "unprecedented" threat faced in the past two years.

DCMS Twitter ‘hack' targets Maria Miller MP

By Matthew Finnegan | 08 April, 2014 03:05

The Department for Culture, Media and Sport had its Twitter account ‘hacked' on Saturday, with rogue tweets targeting secretary of state Maria Miller.

EU regulators warn banks to protect IT budgets in face of growing cyber threat

By Matthew Finnegan | 04 April, 2014 18:08

Banks must ensure that IT budgets are protected to defend against a growing cyber threat, European Union has warned.

Big Data analytics: the future of IT security?

By Matthew Finnegan | 21 March, 2014 19:05

Big data analytics tools will be crucial to enterprise security as criminals deploy faster and more sophisticated attacks in attempts to steal sensitive data, according to security firm RSA.

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Warning: Tips for secure mobile holiday shopping

I’m dating myself, but I remember when holiday shopping involved pouring through ads in the Sunday paper, placing actual phone calls from tethered land lines to research product stock and availability, and actually driving places to pick things up. Now, holiday shoppers can do all of that from a smartphone or tablet in a few seconds, but there are some security pitfalls to be aware of.