Locks and Security News: your weekly locks and security industry newsletter
17th April 2024 Issue no. 701

Your industry news - first

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IT security in India under scrutiny after $45m cash machine heists

A breach of security at two payment card-processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the country. Global banks that ship work to be processed in India, either in-house or to large IT services vendors, were already under pressure to step up oversight of back-office functions after a series of scandals last year.

5th June 2013