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Nearly 50% of power and utility company CEOs concerned cyber attacks are “imminent”

Amid an environment wherein cyber security is under intense scrutiny, power and utilities company executives are feeling the pressure. According to KPMG’s 2018 Global CEO Study, 48% percent of CEOs interviewed showed concern that becoming the victim of a cyber attack is a...
Posted On 14 Nov 2018
Alan Calder
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People and Processes: The Key Drivers for Effective Cyber Security

Cyber security investment continues to spiral, with Gartner predicting that global security spend will reach £71.72 billion by the end of the year as a direct result of regulatory change, mindset and a growing awareness of threats, writes Alan Calder. With over 40% of UK...
Posted On 09 Nov 2018
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NHS WannaCry attack findings “demonstrate improving awareness” of costs of IT downtime

The decision by the Department of Health and Social Care to assign real values to the ‘lost outputs’ experienced by the NHS during the 2017 WannaCry cyber attack is indicative of how organisations are taking a much more holistic view of the financial impact of IT downtime. This...
Posted On 07 Nov 2018
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Financial Conduct Authority fines Tesco Bank £16.4 million for failures in 2016 cyber attack

The Financial Conduct Authority (FCA) has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for “failing to exercise due skill, care and diligence” in protecting its personal current account holders against a cyber attack that took place in November 2016....
Posted On 01 Oct 2018
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Why Today’s CEOs Must Pay Attention to Security Programmes

There are various questions CEOs should be asking their teams when it comes to cyber security. Some of them concentrate on how organisations are managing risks, the evolution of the budget and understanding the Top Five risks (or high-risk areas) within the business. Here, Rick...
Posted On 18 Sep 2018
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North Korean programmer linked by US authorities to WannaCry cyber attack on UK

A man has been named by US authorities as being involved in the 2017 WannaCry cyber attack, which affected the NHS and many other organisations across the UK. Park Jin Hyok, a North Korean programmer, has been charged by the US as a participant and member of the group which...
Posted On 07 Sep 2018
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Yahoo! fined £250,000 by ICO after “systemic failures” placed customer data at risk

Yahoo! UK Services Limited has been fined £250,000 by the Information Commissioner’s Office (ICO) following a cyber attack in November 2014. The incident was publicly disclosed in September 2016, almost two years after it had taken place. Due to when the breach happened,...
Posted On 12 Jun 2018
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Boards ramp up data privacy and security spending in rush to become GDPR compliant

Boards of Directors are ramping up investments in data security and privacy in the rush to become General Data Protection Regulation (GDPR) compliant and avoid highly damaging data breaches which have reached an all-time high, reports the 2018 Harvey Nash Group/KPMG CIO Survey....
Posted On 08 Jun 2018
Professor Alastair Irons
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How Great is the Threat of Cyber War?

As diplomatic tensions run high between the UK and Russia while the investigation continues into the Salisbury nerve agent attack on former double agent Sergei Skripal and his daughter Yulia, cyber security expert Professor Alastair Irons examines the threat of cyber war and what...
Posted On 21 Mar 2018
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Global Threat Landscape Report reveals “major cyber security inertia infecting organisations worldwide”

According to CyberArk’s Global Advanced Threat Landscape Report 2018, nearly half (46%) of those IT security professionals questioned stated that they rarely change their security strategy substantially even after the business has experienced a cyber attack. This level of...
Posted On 06 Mar 2018