As the group chief security officer for Barclays, he has a squad of elite ex-government agents patrolling the company’s digital perimeter. He also has a hefty budget to acquire state-of-the-art technology to protect Britain’s second-biggest bank from cyber attacks. But Oerting, with no small dose of grudging admiration, says his adversaries excel at something that can’t be…
DetailsThe UK economy lost up to £10.9 billion as a result of online fraud and cybersecurity last year, according to new research — that’s around £210 for every person over the age of 16 in the country. The figures, from the National Fraud Intelligence Bureau and crime awareness group Get Safe Online (GSO), would likely…
DetailsWASHINGTON — Since the Obama administration formally accused Russia about a week ago of trying to interfere in the election, there has been intense speculation about whether President Obama has ordered the National Security Agency to conduct a retaliatory cyberstrike. The strongest hint so far has come from Vice President Joseph R. Biden Jr., who either revealed American plans for a strike…
DetailsOct. 17 — Federal Deposit Insurance Corp. board members will meet Oct. 19 to consider an advance notice of proposed rulemaking for standards on how banks should protect themselves against cyberattacks. The FDIC, Federal Reserve and Office of the Comptroller of the Currency have been working together to come up with industry standards for guarding…
DetailsNot so long ago, we woke up to the terrifying news that terrorists had attacked an Indian Army camp at Uri. A week later, the Indian Army carried out a surgical strike in Pakistan occupied Kashmir (PoK) as an act of retaliation to eliminate terror launch pads across the border. Following the incident, a war ensued – however, this was…
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