Financial Conduct Authority admits major data breach February 25, 2020 The Financial Conduct Authority (FCA) has admitted that it revealed confidential consumer information on its website in a data breach last year. The City watchdog published details of roughly 1,600 people who filed complaints about it between January 2018 and July 2019. In some instances the information included names, addresses and telephone numbers. The FCA [...]
Sorry! Justin Bieber’s details leaked in huge MGM Resorts hack February 20, 2020 Popstar Justin Bieber and Twitter founder Jack Dorsey are believed to be among 10.6m people who had their data leaked after MGM Resorts was hacked last year. Names, addresses and passport numbers featured among the details stolen from former guests of the chain, which owns a string of hotels in Las Vegas and around the [...]
City Moves for 27 January – Who’s switching jobs at CMS, the FCA and Shoosmiths? January 27, 2020 Today’s City Moves includes CMS, the FCA and Shoosmiths CMS Global law firm CMS has announced the re-election of Penelope Warne as senior partner of CMS’s UK arm following a vote by the firm’s partnership. This will be Penelope’s second term, effective for four years from 1 May 2020. Penelope became the firm’s first woman [...]
What lessons have we learned from a decade in cyber security? January 22, 2020 A colleague recently asked me what I thought had changed in cyber security over the last 10 years. We agreed that it had certainly been a time of momentous change. In 2012, there was the Shamoon attacks in the Gulf region. In one stroke, 35,000 computers were wiped and disabled within a matter of hours. [...]
First Travelex UK customer-facing systems restored after cyber attack January 17, 2020 The chief executive of Travelex has spoken out for the first time following a cyber attack two weeks ago that caused a global blackout in the foreign exchange provider’s online services. In a scripted video uploaded to a backup Travelex website, Tony D’Souza said the IT system used by staff was now working again. D’Souza [...]
London Stock Exchange denies cyber attack as UK probes trading outage January 6, 2020 The London Stock Exchange has denied that a cyber attack was responsible for a major trading outage in August, as UK security agencies reportedly investigate the cause of the incident. A British intelligence agency contacted the London Stock Exchange (LSE) in the past two months to request additional information about the outage on 16 August, [...]
New Orleans declares emergency as cyber attack shuts down government December 16, 2019 New Orleans has declared a state of emergency after a huge cyber attack shut down the local government’s computers and servers. The city’s emergency response service, dubbed Nola Ready, first reported phishing attempts and suspicious activity at 5am on Friday. Read more: London software firm Kape snaps up US cybersecurity company for $95m Chief information [...]
Black Friday backlash: Amazon and GMB dispute protest numbers at UK warehouses November 29, 2019 Staff at Amazon warehouses are staging walkouts on Black Friday and Cyber Monday in a row over the “appalling” treatment of workers. The demonstrations are taking place today and on Monday at Amazon’s head office in Shoreditch, as well as seven other locations across the UK, the GMB union said, and involve “100, if not [...]
Dirty data deals on the dark web are a risk to business November 7, 2019 Five years ago, you’d be hard-pressed to find anyone who had even heard of the dark web. Now this realm of mystery is the topic of books and films – not to mention daily headlines alongside news on the latest cyber breach. It’s got a reputation as the “go to” place for buying anything illegal, [...]
Financial Times owner Nikkei loses $29m in apparent fraud October 30, 2019 Nikkei, the Japanese media giant behind the Financial Times, has lost roughly $29m (£22.5m) in an apparent wire transfer fraud. In a statement issued today, the company said an employee of its US subsidiary had transferred the funds after receiving “fraudulent instructions by a malicious third party who purported to be a management executive of [...]