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Editor's News

data breach

As the financial implications of IT downtime continue to swell, organisations must be prepared to assign real costs to the intangible or ‘hidden’ damages, which are regularly experienced during a cyber security breach. This is according to Peter Groucutt, managing director of Databarracks: “Increasingly, we are seeing organisations struggling to recover from a cyber incident when compared to more traditional types of downtime. If a disk fails or a database corrupts for example, the recovery...

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With 25th May 2017 marking a year until General Data Protection Regulation (GDPR) comes into force, Mark Thompson, global privacy advisory lead at KPMG, highlights that business need to get their act together to make sure they don’t fall foul of the new legal framework. He said: “On 25 May 2018, GDPR will affect organisations in the UK and worldwide that have any dealings with consumers and businesses in EU member states. It will fundamentally...

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Hacker sinister threat

Worried about the WannaCry virus? Don't let the cost of upgrading your online security reduce you to tears, says ValueLicensing Cyberattacks and data breaches are two of the greatest concerns for modern businesses - but making sure your business has access to greater security needn't cost the earth, according to one expert. The WannaCry ransomware cyberattacks that affected the NHS and other organisations across the world shows that it's not just SMEs which are under...

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payments

With today’s launch of Samsung Pay, UK Visa account holders can now use their compatible Samsung smartphones for purchases worldwide. Visa’s tokenisation service enables cardholders to add their Visa credit and debit cards quickly and easily to the Samsung Pay wallet and pay in a secure and convenient way at contactless point-of-sale terminals. Samsung Pay is now available to Visa cardholders who bank with MBNA, Nationwide and Santander. When a consumer loads their card into...

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Friday’s ransomware attack, which affected 200,000 computer systems in 150 countries and crippled hospitals across the United Kingdom, is a frightening reminder of how much damage can be done by this type of malicious cyberattack. A new global survey of Internet users in 23 countries and Hong Kong (China) reveals that most people are ill equipped to deal with ransomware. “It is simply unacceptable that people do not get the care they need because of...

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New research, released today by Agari, reveals that despite the recent high-profile nation-state sponsored email attacks on political parties during elections, none of political parties in the UK, Germany and Norway, all of whom have upcoming elections, have email authentication or protection against spear phishing in place. 8% have published an email authentication policy but left the door wide open by setting their policy to “none”, which will not stop malicious emails from reaching intended...

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The WannaCry ransomware attack that has impacted an estimated 300,000 users in 150 countries is a wake-up call for both government and business, said the global body for ICT professionals. Mike Hinchey, President of IFIP (International Federation for Information Processing), today warned that WannaCry was only the latest in a series of online attacks that are likely to escalate in coming weeks and months. “While we don’t yet know who is responsible for the WannaCry...

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Less than half (49%) of consumers regularly change their passwords as a way to prevent fraud, according to research from Callcredit Information Group. Yet, the majority (66%) perceive the risk of identity theft and online fraud as one of their biggest concerns around sharing personal information online. The research*, commissioned by Callcredit Information Group as part of the Unlocking the potential of personal data report, also found that only two-thirds of consumers (65%) have a...

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Data Breach Cyber attack code

SailPoint, the leader in enterprise identity management, today announced the results of its 9th annual Market Pulse Survey which explores how enterprises are changing their approach to security, amid an evolving threat landscape that sees almost daily announcements of data breaches, including some of the largest ever recorded. This years’ Market Pulse Survey found that of the 50 per cent who reported being breached in 2016, the average material impact to the business was £3.1million...

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Threat Detection

A patch which may have prevented the NHS ransomware attack was made available to the organisation a month ago, it has emerged. The widespread use of unsupported Windows XP operating systems is thought to have provided an entry-point for hackers to infect computers with ransomware software, effectively paralysing large parts of the NHS. The attack brings into relief the scale of vulnerabilities which can develop as systems are not kept up to date. World Wide...

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