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Tag Archives: Technology

Parliament hit by cyber attack – Cyber Industry reaction

A cyber attack on Westminster has compromised up to 90 parliamentary email accounts officials have confirmed. The incident which took place over the weekend saw hackers launch a sustained and determined attempt to access MPs email accounts by searching for weak passwords. Parliamentary officials were forced to lock MPs out of their email accounts to reduce any potential damage from ... Read More »

IISP Launches New Skills Framework for Information Security Professionals

The not-for-profit, Institute of Information Security Professionals (IISP) has launched a new version of its Skills Framework, which is widely accepted as the de-facto standard for measuring the knowledge, experience and competency of information security information assurance professionals. First introduced in 2006 and developed by world-renowned academics and security experts in collaboration with industry, government and universities, the IISP Skills ... Read More »

Business demands for agility and innovation prompt rise of cloud native applications: adoption is set to double by 2020

New research from Capgemini, a global leader in consulting, technology and outsourcing services, indicates a significant step change in enterprise cloud adoption through the increased use of cloud native applications – applications and services built to perform optimally in the cloud, leveraging Platform as a Service (PaaS). Driven by recognition that cloud-native applications can enable IT to better contribute to ... Read More »

Bankers Are Hiring Cyber-Security Experts to Help Get Deals Done

Companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. That’s prompting offers specifically tailored to takeovers by a variety of players, from consultants like Deloitte LLP to software providers including Intralinks Holdings Inc. View Full Story ORIGINAL SOURCE: Bloomberg Read More »

Japan sees surge in demand for cyber insurance as attacks increase

There has been a sharp increase in the number of policyholders – mainly companies – taking out cyber insurance, which compensates losses caused by cyber attacks. The number of victims whose personal information was stolen last year from companies and other entities rose by more than 10 million from the previous year. The estimated compensation paid by the affected companies ... Read More »

Cyber security set to dominate at ‘Five Eyes’ meeting in Canada

Thwarting the encryption of terrorist messaging is priority number one between the so-called ‘Five Eyes’ intelligence alliance. The alliance, which comprises of Australia, Canada, New Zealand, the United Kingdom, and the United States, will meet in the Canadian capital of Ottawa on Tuesday. View Full Story ORIGINAL SOURCE: SBS Read More »

UK electricity grid cyber-attack risk is ‘off the scale’

Concerns over the threat posed by cyber-attacks on power stations and electricity grids is “off the scale” in the UK energy sector, according to a leading industry figure. No other country in the world has an energy industry as worried about the risk from cyber threats, such as the WannaCry ransomware attack that recently hit the NHS, the former chief ... Read More »

Parliament cyber-attack ‘hit up to 90 users’

Up to 90 email accounts were compromised during the cyber-attack on Parliament on Friday. Fewer than 1% of the 9,000 users of the IT system were impacted by the hacking, said a parliamentary spokesman. The hack prompted officials to disable remote access to the emails of MPs, peers and their staff as a safeguard. View full story ORIGINAL SOURCE: BBC Read More »

A Quantum Encryption Solution is Here!

Encryption gateway vendor eperi and Deutsche Telekom have presented a joint quantum encryption solution that will prevent even the most advanced computers from cracking encryption algorithms. The approach, one of the first of its kind, will also be able to protect data in SaaS applications like Office 365, Salesforce or custom apps against this threat. Key to this is PQC (Post ... Read More »

Report predicts banks to get €4.7bn fines in first 3 years under GDPR

A new report is “conservatively” forecasting that European finance organisations are about to shell out €4.7 billion in first three years after the GDPR comes into power thanks to data breaches which they don’t currently have to declare. Consult Hyperion, which commissioned AllClear ID to carry out the research said in a press release, “this forecast is conservative and excludes ... Read More »