Top 10 Stories

Royal Mail Plc, Britain’s 500-year-old postal service, said it expects rules designed to rein in the abuse of personal data to weigh on letter volumes as companies are forced to scrap targeted marketing campaigns. View full story ORIGINAL SOURCE: Bloomberg

A new study by cybersecurity solutions provider Fortinet has shown that the attack methods of cybercriminals are evolving to deliver improved success rates and speed up infections. While ransomware remains a “destructive” tool, there is a tendency among online criminals to turn to hijacking systems for the purpose of mining cryptocurrencies. The number of companies affected by cryptojacking malware more than doubled in the first quarter of 2018, according to Fortinet data. View full story ORIGINAL SOURCE:...

Already under attack by Russia's telecommunications regulator, a new source of woe has emerged for crypto-chat app Telegram: malware. In news that won't surprise anybody at all, researchers from Cisco Talos say the malware attacking Telegram's desktop app was written by a Russian speaker. View full story ORIGINAL SOURCE: The Register

A teenager who rocked the US intelligence community when he tricked his way into top officials’ accounts in a campaign of “cyberterrorism” has been locked up for two years. View full story ORIGINAL SOURCE: The Guardian

The average cost of a DNS attack in the US has climbed 57% over the last year to $654,000 in 2018, a survey from EfficientIP shows. The frequency of Domain Name System (DNS) attacks and the costs associated with addressing them are both increasing sharply, a new survey by EfficientIP shows. View full story ORIGINAL SOURCE: Dark Reading

Tech companies are growing at more than double the rate of the UK economy at an annual 4.5 percent, according to https://technation.io/insights/report-2018/2018 report – with the digital tech sector now worth £184 billion to the economy, up a massive £14 billion in a year. London has secured its position as the world’s “third global startup ecosystem” meanwhile trumping Berlin, Tel Aviv and Shanghai, but not quite catching Silicon Valley and New York City, the report emphasised,...

The Department of Homeland Security (DHS) unveiled on Tuesday, 14 May, a new national strategy to be implemented to address evolving cybersecurity risks. The DHS strategy outlines strategic and operational goals and priorities to successfully execute the full range of the DHS secretary’s cybersecurity responsibilities. View full story ORIGINAL SOURCE: Infosecurity Magazine

After the Federal Communications Commission voted earlier this year to nix net neutrality, the U.S. Senate today passed the Congressional Review Act discharge resolution meant to preserve it. View full story ORIGINAL SOURCE: SC Magazine

The Pope has issued instructions telling nuns to use social media apps "with sobriety and discretion".The document, titled Cor Orans, clarifies rules governing monastic life that were issued in 2016. View full story ORIGINAL SOURCE: BBC

Cisco released 16 security advisories yesterday, including alerts for three vulnerabilities rated "Critical" and which received a maximum of 10 out of 10 on the CVSSv3 severity score. The three vulnerabilities include a backdoor account and two bypasses of the authentication system for Cisco Digital Network Architecture (DNA) Center. View full story ORIGINAL SOURCE: Bleeping Computer