Size doesn’t matter to cyber crooks

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It is not just the big-name corporates that are at risk from cyberattack, states leading UK insolvency consultant Business Rescue Expert.SMEs are equally likely to suffer attacks and are less likely to have initiated effective defense procedures. As well as hitting a small business in the pocket, a cyberattack can… Read more »

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Notifiable Data Breach scheme now live in Australia

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With GDPR coming into force in May 2018 – and bringing with it a whole host of changes including new data breach notification requirements – you’d be forgiven for thinking that this was one of the only major new pieces of legislation impacting the cyber insurance market. But the EU… Read more »

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Young people leave the door open to hackers

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Surprisingly, new research suggests that it is the younger generation of Brits who are most likely to use the same online password multiple times – leaving themselves more vulnerable to hacking. In particular, anyone using messaging systems to send sensitive information such as bank details, copies of passports or driving… Read more »

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UK councils fight ransomware threat

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The bad news is that more than a quarter of local councils in Britain have fallen victim to ransomware attacks. The better news is that, due to their effective back-up systems, only one amongst the 115 affected councils has actually paid a ransom to retrieve its data. Due to the… Read more »

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A thumbnail guide to fighting cybercrime

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While the growth of the information technology sector has given a major boost to the world economy, the corresponding increase in cybercrime is providing a negative counterweight. No organisation can now afford to underinvest in cybersecurity; as the costs associated with losing valuable data, sensitive information, disruption to products and… Read more »

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US hit by tax rebate scam

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While no one really enjoys paying tax, everyone loves a rebate. However, as the US tax season gets underway in earnest, cyber crooks are using client data stolen from accountancy firms to claim bogus tax refunds. Once the Internal Revenue Service has paid back the money, the hackers pose as… Read more »

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Tax office error gives access to confidential files

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An embarrassing security breach at the Massachusetts Department of Revenue has allowed unauthorised parties to view the private tax affairs of over 16,000 local businesses – in some cases those of their competitors. While the breach remained open for six months until it was closed towards the end of January,… Read more »

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Asian hackers hit on romantics

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An ironically-named hacker group called Confucius is preying on seekers after romance by targeting singles sites. The South Asian bandits are using fake backdoor chat apps that function on both Android and Windows OS to implant malware that allows them to harvest victims’ data. So far, Confucius has targeted mainly… Read more »

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Britain points finger at Russia over NotPetya

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The British government has openly accused its Russian counterparts of launching the NotPetya cyberattack last summer that cost western European companies such as Reckitt Benckiser and Moller-Maersk multiple millions of pounds. The attack, which was originally aimed at Ukrainian commercial and political targets, spread collateral damage across the wider international… Read more »

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Supply chain sleepers behind Olympic hack

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It now appears that the hackers who disrupted the Winter Olympics Opening Ceremony in Pyeongchang, by taking down its website and baulking ticket sales, had been embedded in the supply chain for several weeks. Atos, the International Olympic Committee’s France-based IT service partner, is investigating a possible breach of its… Read more »

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