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 [...]
Flood, fire, even an earthquake: businesses must protect themselves against the event of a natural disaster January 16, 2019 Technical issues were enough to hit TSB with a brutal three-week outage in April last year. The damage from that event is well documented – an eightfold increase in customers choosing to bank elsewhere, a bill for compensation and repairs costing roughly £176m, and a chief executive who decided to walk. The events suffered by [...]
Global cyber attacks soar by 63 per cent in three years as criminals harness AI January 11, 2019 The number of significant cyber attacks has grown by more than 50 per cent in the last three years, with artificial intelligence increasingly being used as a cyber security threat, Linklaters has warned. A new report from the global law firm has revealed that there were 67 significant cyber incidents worldwide in January to October 2018, [...]
Drones, cybercrime, AR, and robots – the tech trends to watch out for in 2019 January 3, 2019 It is finally 2019, and I can’t wait to see what surprises the technology industry has in store for us. What should we keep our eyes peeled for over the next 12 months? To whet your appetite about the future, I asked the experts for their predictions for the top tech trends of this year. Devious [...]