off

Financial Conduct Authority data breach referred to Information Commissioner

The Financial Conduct Authority (FCA) was recently made aware that, in response to a Freedom of Information Act request published on its website in November last year, certain underlying confidential information may have been accessible. The response related to the number and...
Posted On 26 Feb 2020
off

Network Security: Protecting Against Digital Sabotage

Physical security systems have experienced a substantial shift from being a mechanical circuit to become electronically-circuited networks, with the first network-enabled surveillance camera being launched more than 20 years ago (in 1996, to be precise). Now, more and more...
Posted On 03 Feb 2020
off

Hacking and malware cause 75% of all data breaches in financial services sector

Bitglass has released its 2019 Financial Breach Report: The Financial Matrix. Each Year, Bitglass analyses the latest trends, the biggest breaches and the foremost threats facing financial services organisations. This year’s study finds that only 6% of all breaches in 2019 were...
Posted On 18 Dec 2019
off

400%-plus increase in lost laptops at Ministry of Justice across last three years

Apricorn has announced findings from Freedom of Information (FoI) requests submitted to five Government departments focusing on the security of devices held by public sector employees. According to Apricorn, it emerges that the Ministry of Justice lost 354 mobile phones, PCs,...
Posted On 17 Dec 2019
off

BA set to be fined £183 million-plus by ICO following 2018 customer data breach

Following an extensive investigation, the Information Commissioner’s Office (ICO) has issued a notice of its intention to fine British Airways £183.39 million for infringements of the General Data Protection Regulation (GDPR). As reported by Risk Xtra in great detail at the...
Posted On 08 Jul 2019
off

Staying Secure in the Digital Realm: Understanding The Cyber Threat Landscape

In early July, IBM Security and The Ponemon Institute released the ‘Cost of a Data Breach’ Study in which it was reported that the global average cost of a data breach and the average cost for lost or stolen information have both increased. The former is up by 6.4% to...
Posted On 07 Nov 2018
off

BSI Survey: “One-in-six businesses presently unprepared for data breach episodes”

Research conducted by BSI, the business improvement company, has revealed that one-in-six European organisations are unprepared for a data breach. The research, which has been carried out by the Cyber Security and Information Resilience division of BSI for Cyber Security...
Posted On 17 Oct 2018
off

IBM Study: “Hidden costs of data breaches increase expense for businesses”

IBM Security has published the results of a global study examining the full financial impact of a data breach on a company’s bottom line. Overall, the study found that hidden costs in data breaches – such as lost business, negative impact on reputation and employee time...
Posted On 12 Jul 2018
off

F5 Labs research reveals Chinese hackers lead attacks on Internet of Things devices

Research from F5 Labs has shed light on the fact that Telnet brute force attacks against Internet of Things (IoT) devices have risen a staggering 249% year over year (2016-2017) and been dominated by traffic originating from China. Findings from the company’s latest Threat...
Posted On 22 Jun 2018
off

Hackers target retail business sector as cyber attack volumes double in just 12 months

The risk of a data breach is increasing in the retail business sector as retailers accumulate more and more personal information on their customers as part of their ongoing Big Data initiatives. As such, the number of retail businesses reporting data breaches to the Information...
Posted On 22 Aug 2017