- UK spy agency hires Indian startup for cybersecurity programme
January 27, 2017
The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi Germany’s legendary Enigma codes during the Second World War, chose Pune-based cyber security startup ...
- Lloyds Bank Hit with DDoS Attack for Three Days Straight, Reasons Yet Unknown
January 23, 2017
Lloyds Bank was hit with a DDoS attack for three days straight as hackers tried to crash the website, managing to cause intermittent outages for customers on the personal banking websites. It seems that it all happened two weeks ago, starting on January 11 and ending on Friday 13, the Financial Times reports. The largest lender in ...
- Hedge funds to invest more in technology and cyber defence
January 12, 2017
Investments by hedge funds into technology advancement is set to increase in the coming five years, as more executives within the industry become concerned about the impact of technology on their competitiveness. A new report finds that they will leverage a broad range of investment strategies to meet needs, from building their own systems to outsourcing. ...