Three Quarters of US Firms Have Failed to Detect Breach – Report – Infosecurity Magazine

Infosecurity Magazine Three Quarters of US Firms Have Failed to Detect Breach – ReportInfosecurity MagazineNearly two-thirds (60%) of US firms believe some of their data is now in the hands of a competitor because of a breach, according to a new study from Ponemon Institute. These “knowledge assets” could include profiles of high-value customers, product […]

Cici’s Pizza: Card Breach at 130+ Locations – Krebs on Security

Cici’s Pizza: Card Breach at 130+ LocationsKrebs on SecurityCici’s Pizza, a Coppell, Texas-based fast-casual restaurant chain, today acknowledged a credit card breach at more than 135 locations. The disclosure comes more than a month after KrebsOnSecurity first broke the news of the intrusion, offering readers …Cicis Alerts Customers of Data Breach at Some LocationsGlobeNewswire (press […]

Attackers could steal millions through online phone verification systems

In the latest attack that shows how hard it is for users to identify phone numbers with premium call charges, a researcher has found that he could have earned millions by abusing the online phone verification systems used by Google, Microsoft, and Instagram. Many websites and mobile apps allow users to associate a phone number […]

SWIFT brings in external support as it fights wave of bank hacks

SWIFT is bringing in additional security support after a series of high-profile bank heists and attempted bank heists conducted via its financial transaction network. The company has hired two security firms, UK-based BAE Systems and Fox-IT Security of the Netherlands, to help its customers strengthen their security, it said Monday. SWIFT’s network itself has not […]

Study: More than 50% of SMBs were breached in the past year

A new study conducted by the Ponemon Institute and sponsored by password management provider Keeper Security analyzed the state of cybersecurity in small and medium-sized businesses (SMBs) and found that confidence in SMB security is shockingly low (just 14% of the companies surveyed rated their ability to mitigate cyber attacks as highly effective). To read […]

S’pore in race to be Asia’s fintech capital – The Straits Times

S’pore in race to be Asia’s fintech capitalThe Straits TimesSingapore is rushing to reinvent itself as Asia’s financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. State funding, light-touch regulation and a recent move to allow …and more » from fintech – Google News […]

GCC banks embrace fintech after slow start – gulfnews.com

GCC banks embrace fintech after slow startgulfnews.comDubai: Digitisation strategies, technology adoption and integration of financial technologies (Fintech) are some of the common discussion points in the board rooms of GCC banks and financial institutions, which are competing for space in the highly …and more » from fintech – Google News http://ift.tt/29wosVL via banking

Asia-Pacific rides fintech growth wave – Bangkok Post

Bangkok Post Asia-Pacific rides fintech growth waveBangkok PostA report conducted by Accenture entitled "Fintech and the evolving landscape: Landing points for the industry structure", found that global fintech investment in the first quarter of 2016 amounted to US$5.3 billion — an increase of 67% year-on-year. from fintech – Google News http://ift.tt/29o46yH via banking