FCA advised in 78 Cyber Attacks in 2016-2017

In a FOI release the FCA stated:“As at 20 December 2016, in the last 12 months we had received 78 cyber-attack reports which were on financial advice firms, of which 3 were r...

GMail guesses at your emails’ provenance – which is bad

There is a basic sniff test for email provenance on the internet called Sender Policy Framework (‘SPF’).  It’s designed to prevent email forgery and is relatively...

FCA Cyber Attacks and Principle 11 Reporting

“Under Principle 11,you must report material cyber incidents.” You may consider an incident material if:it results in significant loss of data, or the availability or c...

Interactive – World’s Biggest Data Breaches

Information IS beautiful!!http://www.informationisbeautiful.net/visualizations/worlds-biggest-data-breaches-hacks/...

The General Data Protection Regulation and the WhatsApp Problem of Enterprises

WhatsApp does not meet the data protection requirements of the GDPRSource: The General Data Protection Regulation and the WhatsApp Problem of Enterprises...

Cyber Attacks Are The Perfect Trigger For A Stock Market Crash

“…similar exploits [to wannacrypt] were used not long ago by the NSA to get backdoor access to financial data within the SWIFT banking system. This was rather odd becau...

IT Systems & Data Security Under MiFID II – The new SYSC rule you need to know.

The “near final” rule 4.1.1 in the FCA SYSC handbook post MiFID II explicitly mention two important things in regards IT & DataThat a firm has to have “effect...

Do NOT use WhatsApp if you are regulated!!

It seems to be a Principal 2 issue.The Financial Conduct Authority (FCA) has today fined Christopher Niehaus, a former investment banker, £37,198 for sharing client confidential in...

Honeypots: Free psy-ops weapons that can protect your network before defences fail • The Register

One of the easiest ways to detect a breachFar better at doing so than an IPS/IDS.Source: Honeypots: Free psy-ops weapons that can protect your network before defences fail • The Re...

Polish banks hit by malware sent through hacked financial regulator

Somewhat ironically the regulator sets the cyber security standards for regulated firms to follow!Thanks for nic, KNFSource: Polish banks hit by malware sent through hacked financi...