UK energy boss conned out of £200,000 in ‘deep fake’ fraud October 6, 2019 A top energy executive has been conned out of £200,000 by cyber scammers who used artificial intelligence to mimic his boss’s voice. The UK boss of an unnamed energy firm was tricked into transferring the money following a phone call from that appeared to come from his boss at the German parent company, the Mail [...]
City of London police chief urges banks to report cyber attacks after Wannacry ‘silence’ September 17, 2019 Major public companies decided not to report cyber attacks to the authorities during the worldwide Wannacry breach over fears that their reputations would be tarnished, according to the City of London’s police commissioner. Ian Dyson, who heads up the Square Mile’s police team, has urged banks to come forward with cyber incidents, claiming that some [...]
ECSC shares rise as data breach fines get cyber consulting back on track September 11, 2019 Shares in ECSC rose more than three per cent this morning after the cybersecurity firm reported renewed demand for its consulting services division. Read more: ECSC revenues jump as it grows client base amid cybersecurity concerns The figures ECSC’s total revenue slipped marginally from £2.64m to £2.63m in the six months to the end of [...]
Re-admit Russia to the G7? It should be expelled outright August 27, 2019 If reports are to be believed, the recent G7 summit was a tense affair, mainly thanks to Donald Trump. From being the only head of government to miss a meeting on climate change, to pitching his own Miami hotel resort for the next G7 summit, the US President kept the other world leaders constantly on [...]
Massive airport email scam blocked by UK spooks July 16, 2019 An attempt to scam hundreds of thousands of people using a spoof UK airport email address was one of a string of major cyberattacks prevented by spooks last year. Criminals sent more than 200,000 emails impersonating an airport from a fake gov.uk address last August in a bid to defraud people, but the messages were [...]
Government cybersecurity under scrutiny as staff lose hundreds of mobile devices July 14, 2019 Staff at government departments lost more than 500 mobile and laptop devices in the first four months of the year, sparking concerns hackers could gain access to a “goldmine” of data. Employees at nine departments, including the Ministry of Defence and the Foreign & Commonwealth Office (FCO), lost 508 phones, laptops and tablets between January [...]
Marriott International to be fined £99m for data breach July 9, 2019 Hotel chain Marriott is set to be fined more than £99m for a data breach that compromised the personal details of roughly 393m guests. The Information Commissioner’s Office (ICO) today announced its intention to hand down the fine following an “extensive” investigation into the breach. Read more: British Airways set for £189m fine for 2018 [...]
Energy supplier E.On apologises for ‘error’ revealing 498 customers’ email addresses July 6, 2019 Energy firm E.On has apologised after including hundreds of customers’ email addresses in requests for their meter readings. The emails should have been sent to individuals only, but included another 497 recipients due to a “system error” with the automated service, E.On said. Read more: Ranked: The best and worst energy suppliers in the UK [...]
In the age of flexible working, how can businesses prevent a cyber security nightmare? July 4, 2019 At least half of us are expected to embrace flexible working by 2020, according to the Office for National Statistics. This is excellent news for employees who crave the ability to work when and where it suits them. Unfortunately, it might not be such good news for your company’s data security. Along with the rising [...]
Number of cyber incidents reported by financial services firms explodes July 1, 2019 The number of cyber incidents financial services firms reported to the Financial Conduct Authority (FCA) rocketed in 2018, data published today reveals. Financial services firms reported 819 cyber incidents to the FCA in 2018, up from 69 in 2017, according to data obtained in a freedom of information request by accountancy firm RSM. Retail banks [...]