Banking on A Spy: GCHQ Chief to Fight Bank Cybercrime

140998334__789711c.jpg

Standard Chartered has appointed the former head of Britain's security and intelligence body GCHQ to its new financial crime committee as part of efforts to strengthen its cyber defense.
The Asia-focused bank said Iain Lobban would become a member and senior advisor to the committee responsible for matters including anti-money laundering, sanctions compliance and prevention of corruption.
Lobban was director of GCHQ, Britain's electronic intelligence gathering agency, from mid-2008 to late 2014.
Standard Chartered said cybersecurity had been at the heart of Lobban's role in recent year. Cyber criminals pose a rising threat to the public and private sector, and banks are being targeted by increasingly sophisticated criminals trying to steal money or client data, cause havoc in financial markets or score political points.
Standard Chartered said Lobban’s appointment is for a two-year renewable term. The Committee was announced in December as part of the bank's attempt to combat financial crime and improve conduct and compliance capabilities.
Standard Chartered announced the committee a day after U.S. authorities extended monitoring of the bank until the end of 2017, which follows the bank's $667 million fine in 2012 over violations related to U.S. sanctions on Iran and other countries.
Reuters: http://reut.rs/1KzJrRu

« US Is Still the Biggest Source of Surging Malware Attacks
US Defense Secretary Defines New Cybersecurity Strategy »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

NordLayer

NordLayer

NordLayer is an adaptive network access security solution for modern businesses — from the world’s most trusted cybersecurity brand, Nord Security. 

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

Resilient Information Systems Security (RISS)

Resilient Information Systems Security (RISS)

RISS is a research group is in the Department of Computing at Imperial College London.

Crossword Cybersecurity

Crossword Cybersecurity

We work with research intensive European university partners to identify promising cyber security intellectual property from research that meets emerging real-world challenges.

IDpendant

IDpendant

IDpendant offers a wide range of services, including authentication technology, client security products, single sign on systems, encryption solutions, card and mobile device management systems.

Pathway Forensics

Pathway Forensics

Pathway Forensics is a leading provider of computer forensics, e-discovery services and digital investigations.

Sysorex Government Services

Sysorex Government Services

Sysorex Government Services helps customers meet their strategic missions by providing secure, optimized IT solutions that allow them to perform more efficiently and effectively.

Smart Contract Security Alliance

Smart Contract Security Alliance

The Smart Contract Security Alliance supports the blockchain ecosystem by building standards for smart contract security and smart contract audits.

iSecurity Consulting

iSecurity Consulting

iSecurity delivers a complete lifecycle of digital protection services across the globe for public and private sector clients.

LogicalTrust

LogicalTrust

LogicalTrust security testing specialists find the weakest points in your company and show you how to fix them step-by-step, as well as how to improve your security.

Global Cybersecurity Association (GCA)

Global Cybersecurity Association (GCA)

GCA’s Symposium and conferences featuring global thought leaders and CISOs provide a global best practice perspective on cybersecurity.

NetBlocks

NetBlocks

NetBlocks is a global internet monitor working at the intersection of digital rights, cyber-security and internet governance.

Federal Bureau of Investigation (FBI)

Federal Bureau of Investigation (FBI)

The mission of the FBI is to protect and defend against intelligence threats, uphold and enforce criminal laws, and provide criminal justice services.

Ever Nimble

Ever Nimble

Ever Nimble are award-winning experts in IT support, cybersecurity, and cloud technology. Our proactive approach will enhance your security and protect you from cyber security threats.

CLEAR

CLEAR

With more than 17 million members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel.

AI Safety Institute (AISI)

AI Safety Institute (AISI)

The AI Safety Institute’s mission is to minimise surprise to the UK and humanity from rapid and unexpected advances in AI.

Stern Cybersecurity

Stern Cybersecurity

Stern Cybersecurity offers a robust defense against the ever-evolving landscape of digital threats.

Instil Software

Instil Software

Instil helps technology brands transform, innovate and disrupt their markets with category-defining software products that challenge us to think, feel and act in new ways.