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New FCA stats reveal a fourfold rise in reported data hacking attacks

New figures from the FCA show that reported data hacking attacks against financial services companies have quadrupled in the last year. The new statistics, contained in a freedom of information response to audit, tax and consulting firm RSM, show that reported incidents of loss of data resulting from hacking have risen from 4 in 2016 to 17 in 2017. There ... Read More »

Business leaders report urgent need for cybersecurity skills as digital talent gap widens

A new report by Capgemini’s Digital Transformation Institute highlights an urgent and growing cybersecurity talent gap, calling for new recruitment and retention strategies to help organisations contain cyber risks and build competitive advantage. The report, Cybersecurity Talent: The Big Gap in Cyber Protection, demonstrates that of all the digital skills necessary for organisations with aspirations of digital leadership, cybersecurity represents the ... Read More »

The Cloud Goes Critical

John Arrasjid,
Virtustream

Written by John Arrasjid, Engineer Technologist for Virtustream The year 2016 may have been one of the most dramatic years on record for the cloud, but 2017 was no slouch either. From cut-throat competition, eyebrow-raising co-opetition, and major advances in cloud-based machine learning, 2017 was a pivotal – and productive – year for the cloud, setting the stage for what ... Read More »

Scratching the Surface of Blockchain

Over the last few years, we’ve noticed a significant rise in the use of blockchain within the industry. Blockchain this. Blockchain that. It seems to be the talk of the cyber town. However, there seems to be an air of uncertainty that surrounds blockchain, and I’m sure there are many out there that share the same opinion. With $8.1 billion ... Read More »

Critical national infrastructure is only as vulnerable as the standard of technology protecting it

Greg Sim, CEO,
Glasswall Solutions

By Greg Sim, CEO, Glasswall Solutions Energy, transport, water, health and other critical services firms are at risk of being fined up to £17m in May, if they don’t adopt best-practice cyber-security methods. In an attempt to boost the cyber-protection of the UK’s most critical industries, the government is pushing firms to turn to the best standard of cyber defence ... Read More »

Europe’s Hacktivists Set Sights on Political Entities

Roman Sannikov,,
Director of European Research and Analysis, Flashpoint

By Roman Sannikov, Director of European Research and Analysis, Flashpoint   The tumultuous state of global politics that defined 2017 continues to shape the motivations and schemes of a wide range of adversaries. In October, CNBC reported two Czech election websites were hacked and that, after Catalonia’s independence referendum was ruled illegal, the website for Spain’s Constitutional Court was taken ... Read More »

Positive Technologies detected vulnerabilities in a popular network control software

The Positive Technologies experts discovered vulnerabilities in WhatsUp Gold by Ipswitch. This software allows automatic detection of network resources and their interaction, defining network status and availability, and for managing configuration. “Use of the vulnerable version of WhatsUp Gold in a manufacturing company may cause cyberincidents and even disrupt the technological process,” says Head of ICS Security at Positive Technologies ... Read More »

Tomorrow’s cyber elite return to University of Cambridge for Inter-ACE cyber security challenge

Over 130 competitors from 18 of the UK’s leading cyber security universities will pit their skills against one another in a two-day cyber security competition organised by the University of Cambridge. Now in its third year, the Inter-ACE is supported by GCHQ’s National Cyber Security Centre to attract the best young minds into careers in the sector. Up for grabs ... Read More »

Snapchat Phishing Scam: 55,000 users Compromised

More than 55,000 Snapchat users had their login details exposed online thanks to a clever phishing scam. Read Full Story  ORIGINAL SOURCE: The Sun Read More »

Hackers make $3m targeting Jenkins servers

Hackers are targeting Jenkins CI servers, the popular open source automation server written in Java, to deploy malware and secretly mine millions of dollars worth of cryptocurrency. Read Full Story  ORIGINAL SOURCE: IB Times Read More »