Data breaches in the worlds of banking, credit and finance have nearly double between 2014 and 2015 according to the Identity Theft Resource Centre's 2015 Breach List report. Despite being unsure of how long it would take, IT pros in financial services are very confident in their ability to detect a breach.
A data file of 10GB holding sensitive financial data compromised from an InvestBank in the United Arab Emirates (UAE) has been leaked online. The file contains information on tens of thousands of customers from a bank based in Sharjah.
Two Israeli men accused of securities fraud and hacks into media outlets and nine financial institutions, including JPMorgan Chase, Fidelity Investments and E*Trade Financial Corp., will be extradited to the U.S.