NY surveying banks on cyber security defenses

(AP)—New York financial regulators are considering tougher cyber security requirements for banks to mandate more complex computer sign-ins and certifications from the contractors of their cyber defenses, the state's top ...

Network theory to strengthen the banking system

Since the beginning of the financial crises that erupted in 2008, numerous governments have injected public funds into the banking system in order to prevent the failure of some entities and avoid the collective collapse ...

Military grooms new officers for war in cyberspace

The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation's military and civilian computer networks that control everything from electrical ...

Cyberattack deprives millions of Dutch of online ID

More than 10 million Dutch citizens were unable to use their official online signature to pay bills and taxes because of a cyberattack, officials said Wednesday. The national DigiD system "is no longer accessible since Tuesday ...

Researcher predicts errors in IT systems

Imagine if we never had any more computer problems. No more rail travel chaos caused by signal failures, no more accidents, internet banking that is always secure and medical equipment that always works as it should. It would ...

Economists find kinship networks play key role to access credit

In times of financial hardship, or when opportunities arise, the ability to borrow can be critical. Some people rely on commercial lenders, while others depend on relatives, especially in developing countries. But a new study ...

From brand new laptop to infected by pressing 'on' (Update)

A customer in Shenzhen, China, took a brand new laptop out of its box and booted it up for the first time. But as the screen lit up, the computer began taking on a life of its own. The machine, triggered by a virus hidden ...

Some see Waterloo for troubled BlackBerry maker

BlackBerry maker Research in Motion is now in a struggle for survival after its latest quarterly report underscoring its deteriorating position against other smartphone makers, analysts say.

'Hackers take down' Palestinian servers

Hackers from around the world have attacked Palestinian servers, cutting Internet service across the West Bank and Gaza, the Palestinian communications minister said on Tuesday.

Banks team up for online payment system

Online and mobile customers of three major banks will be able to instantly zap funds from their accounts to other depositors at the banks under a program to be rolled out across the country over the coming year.

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