Theresa May demands Salisbury poisoning suspects face justice ahead of Vladmir Putin talks June 28, 2019 Theresa May has called for the suspects in the Salisbury Novichok attack to be “brought to justice” ahead of a meeting with Vladmir Putin at the G20 summit today. UK authorities suspect two people from Russia’s intelligence service, GRU, were responsible for the poisoning of former spy Sergei Skripal and his daughter Yulia last year. Read [...]
Cyber attacks mount but readiness levels wane April 23, 2019 Global corporate defences against cyber attacks have shown no improvement despite the losses from such incidents soaring, according to new findings from insurance giant Hiscox. Read more: Cybersecurity firm Avast reports boosted revenue growth More than three out of five firms across seven countries reported one or more attacks in the past 12 months, but [...]
Government urges businesses to ramp up cyber security as attack costs increase April 3, 2019 The government has called on businesses and charities to beef up their cyber security defences after new figures revealed the financial cost of breaches has shot up. A survey published by the Department for Digital, Culture, Media and Sport (DCMS) revealed the percentage of businesses suffering attacks has dropped to 32 per cent, down from [...]
Iranian cyber attack harvested details of MPs and chief executives April 3, 2019 Iranian hackers launched cyber attacks on key parts of British infrastructure, gaining access to MPs' mobile phone numbers, in a major breach just before Christmas, according to reports. The 23 December attacks are also said to have hit UK private-sector firms including the Post Office and banks, as well as local government networks. Sky News yesterday [...]
Police association headquarters hit by malware cyber attack March 21, 2019 The association for British police officers has been hit by a malware attack at its Surrey headquarters. The Police Federation of England and Wales (PFEW) today said it fell victim to an attack on 9 March, and said it had put steps in place to isolate the impact and reduce the risk of it spreading. Read [...]
ECSC revenues jump as it grows client base amid cyber security concerns March 13, 2019 Cyber security firm ECSC has posted a huge increase in revenues as it cashes in on new regulation and growing concerns about cyber attacks. Read more: Avast secures strong results as chief executive steps down The figures Revenue surged 35 per cent to £5.4m. Gross profit increased 67 per cent to £2.7m. Adjusted earnings before interest, [...]
FTSE boards do not understand the threat of cyber attacks, government warns March 4, 2019 Boards at some of the UK’s largest companies still do not fully understand the potential impact of a cyber attack, the government has warned. A report into FTSE 350 companies published today shows that while almost all firms have a cyber security strategy in place, just 16 per cent of boards have a comprehensive understand [...]
Revealed: The 10 fintech startups in Barclays’ 2019 Techstars accelerator February 1, 2019 It's that time of year again: Barclays has unveiled the 10 startups that have made the cut for its annual fintech accelerator programme, powered by venture capital giant Techstars. Now in its sixth year, the 13-week programme puts the young companies through an intensive training course with access to mentorship from Barclays and industry experts, and [...]
Flawed cyber insurance policies could lead to years of litigation January 17, 2019 The majority of cyber insurance policies on the market are riddled with flaws and may not pay out in the event of a data breach or hack, according to new research. A review by insurance governance company Mactavish of dozens of off-the-shelf cyber policies identified a litany of flaws. Mactavish chief executive Bruce Hepburn said: [...]
Climate change and cyber threats among biggest risks in 2019, World Economic Forum warns January 16, 2019 Climate change and evolving cyber threats are among the biggest risks in 2019, the World Economic Forum (WEF) has warned. But the organisation said geopolitical tensions, such as the US-China trade dispute, were hindering the fight against climate change and could impact global growth in the coming year. The WEF’s global risks report – ahead [...]