Security

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Hackers exploited a website application to access names, addresses, Social Security numbers and some driver’s license numbers of potentially 143 million consumers, Equifax said Thursday in a statement. The incident — which drove down shares in after-hours trading — is a stark reminder of the risk of consumers’ personal data being exposed online, security experts »

Maersk Says June Cyberattack Will Cost It up to $300 Million

Maersk Says June Cyberattack Will Cost It up to $300 Million

The announcement was made in connection with second-quarter earnings, which showed Maersk missed analyst estimates after taking a writedown at the tankers unit that’s part of the energy business management has said it wants to get rid of. In an interview with Bloomberg Television, Chief Executive Officer Soren Skou said the industry outlook was bright, »

Apple, Google drop trading apps after Australian intervention

The country’s securities regulator said it made the request to Apple and Google after numerous cases of fraud involving unlicensed operators of the apps, which encourage consumers to make bets on whether instruments like shares or currencies will rise or fall. While some are legitimate operations, there has been an explosion in unlicensed products operating »

Hackers breach 400,000 UniCredit bank accounts for data

The attack occurred in September and October of 2016 and June and July of this year, according to an emailed statement from the bank on Wednesday. UniCredit only discovered the breaches this week, two people familiar with the matter said, asking not to be identified discussing a possible criminal matter. Cyberattacks on corporations and banks »

Latest App Coding Trend Led by Docker Can Be a Hacker’s Dream

Although invisible to the user, this method has become the dominant way to code apps today. Programmers like it because it allows them to change one feature without breaking their colleagues’ work, and it helps software run more efficiently, saving companies money. But the process is also giving hackers lots of new ways to steal »

Global Cyber Attack Could Cost $121.4 Billion, Lloyd’s Estimates

Average losses from a scenario where an attack would cause a widely-used cloud-service provider to fail would be $53 billion, depending on organisations involved and the length of the data storage disruption, Lloyd’s said in the report. Insurers could face total claims in that scenario ranging from $620 million to $8.1 billion, according to the »

Announcing the QA Financial European Software and App Awards for 2017

Announcing the QA Financial European Software and App Awards for 2017

We are delighted to announce the winners of our 2017 European Software and App Awards. In each case, they have demonstrated innovation and excellence in response to the key challenges facing financial firms: increasing competition, increasing regulation and the increasing complexity and scale of technology requirements. THE WINNERS (Click for links to articles) Overall winner: »

Quality assurance and testing provider of the year & functional testing provider of the year — Tricentis

Quality assurance and testing provider of the year & functional testing provider of the year — Tricentis

Automation is the dominant theme in software quality assurance. Every financial firm wants to make that transition, and Tricentis — the winner of QA Financial’s top award — has become established as the market-leading scriptless automation technology with its core Tosca product. We interviewed leading customer firms Julius Baer, Deutsche Börse and Vantiv, along with »

Non-functional testing provider of the year — Exactpro

Non-functional testing provider of the year — Exactpro

Latency standards for exchange and arbitrage trading are now measured in microseconds. Non-functional testing for the stress points is a critical challenge. Exactpro, owned by the London Stock Exchange (LSEG), has quickly become established as an industry leader. Beyond the LSEG, Exactpro’s clients include Tradition, the leading inter-dealer broker and derivatives specialist. What these clie... »

Performance testing provider of the year — Neotys

Load testing, the process of checking that an app or a platform can cope with heavy use, can be a significant bottleneck in the development process. NeoLoad, the core product offering from Neotys, the French performance testing tool developer, brings automation to the challenge. It has been one of the major IT transformation projects in »

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