UK fraud office returns £1m to victims of ‘Wolf of Wimbledon’ scammer April 28, 2022 The UK’s serious fraud office (SFO) has returned £1m in stolen funds to more than 200 victims of Australian fraudster Jeffrey Revell-Reade. The SFO said it had handed over another £1m in stolen funds, on top of the £3m already returned, after the fraudster conned investors out of a total £70m. The return comes after [...]
UCL hit by nearly 60m email attacks since start of 2022 April 25, 2022 University College London was whacked with almost 60 million malicious email attacks in the first three months of this year, according to official figures. The data, which was obtained through the Freedom of Information (FOI) Act and analysed by the Parliament Street think tank, revealed that a total of 58,628,604 spam, phishing, malware and edge block [...]
Major firms should be ready for wave of Russian cyberattacks, global spy alliance says April 22, 2022 UK companies should protect themselves against cyberattacks and be wary of hackers exploiting software used to work from home, one the world’s major intelligence alliances has warned. The Five Eyes alliance of spy agencies from the UK, US, Canada, Australia and New Zealand, has said the Russian government is planning to launch a series of [...]
Cyber hack leaks personal details of UK government employees, which appear on Russian sites April 20, 2022 A suspected cyber attack leaked personal information of UK government employees, which appeared on Russian online sites. The foreign office launched an urgent investigation into the alleged hack, as it seeks to explore the origin of the leak amid fears a hostile foreign state was involved, according to the Telegraph. It told City AM we [...]
Russian cyberattacks could cost insurers billions, industry experts warn April 3, 2022 Insurers could be forced to pay out billions to those impacted by cyberattacks following Russia’s invasion of Ukraine. Ambiguous wording in cyber insurance policies could see insurance companies made liable to pay out billions to victims of hacking Insurers may be forced to cover the costs imposed on businesses of paying for ransoms and repairing [...]
Businesses urged to boost cyber security as new data reveals a third of firms are suffering weekly attacks March 30, 2022 Businesses and charities are being urged to strengthen their cyber security practices now as new figures show the frequency of cyber attacks is increasing.
UK ransomware attacks double in past year March 28, 2022 New data has revealed that the number of ransomware attacks reported to the Information Commissioner’s Office has increased 100 per cent from 326 in 2020 to 654 in 2021.
Olympics investor UK Sport hit by almost a quarter of a million cyber attacks in past year March 21, 2022 UK Sport, the government agency responsible for investing in Olympic and Paralympic sport in the United Kingdom, has been hit by almost a quarter of a million cyber attacks during the past year, according to official figures.
Google snaps up cybersecurity firm Mandiant for £4.1bn March 8, 2022 Alphabet’s Google has snapped up cybersecurity firm Mandiant for $5.4bn (£4.1bn) in cash as the company expands its thriving cloud business. Google’s offer of $23 per share is at a premium of about 53 per cent to Mandiant’s stock price before a report that said Microsoft was eyeing a deal to buy the company, Reuters reported this morning. It [...]
A third of mid-market firms were whacked by hacker outages in 2021 March 7, 2022 New research has revealed that one in three mid-market firms suffered from a hacker induced outage in 2021. According to a report by cyber firm Censornet, one in five companies were forced to pay hackers to deactivate ransomware, with the average pay-out hitting £144,000, and seven per cent handing out more than £500,000. “For the [...]