New York Stock Exchange rules governing everything from how traders connect their computers to when prices are disseminated to floor brokers were either inadequate or ignored by the exchange operator over five years ending in 2012, regulators said today. NYSE, which was bought by IntercontinentalExchange Group Inc. last year, agreed […]

To combat the electronic card-related frauds, the Central Bank of Nigeria has given banks until November, 30 2014 to comply with the Payment Card Industry Data Security Standards. The CBN also mandated switches and processors companies to become PCIDSS-certified on or before the date. Banks and companies which fail to […]

Over 70 per cent of Automated Teller Machines owned and operated by banks in the country, which are currently running on the Windows XP operating system, are exposed to frauds as Microsoft has foreclosed the extension of the deadline for cyber security support for the banks. Microsoft had on April […]