Tag Archives: Cybercrime

Breach victims are in good company

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Sony, you’re not alone. A recent report by Juniper has revealed the 90% of large enterprises have suffered some kind of data breach in the last year. This is a staggering statistic especially considering an increased amount of money spent on systems security with some companies reporting that a quarter… Read more »

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Hackers walk away with $2.7m in Citibank breach

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Is it me or is it starting to feel like the Wild West around here? The news of major losses from hack attacks, the modern day “bank robbery”, just keep coming. This time its Citibank. Earlier this month, the bank announced that hackers stole the credit card details of more… Read more »

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Sony breach could mean big losses

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The news issued yesterday by Sony that over 70 million users of its PlayStation Network may have had personal information including credit card details stolen following a hack attack on its online service could cost the business dearly. If one compares this to similarly sized cases, such as TK Maxx’s… Read more »

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WordPress.com hacked at root level

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If it can happen to WordPress, it can happen to anyone. WordPress.com, home of over 19 million sites, has recently been the victim of a hacker who gained root-access to several of its servers. This access revealed many important customers’ source codes, which may include API keys and social media… Read more »

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IP theft tackled with new hub

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Following the recent government-backed study by the Office of Cyber Security (OCS) which estimated that the UK loses 27bn each year due to cybercrime, the Federation Against Software Theft (FAST) has backed the recommendation that a central hub for UK firms be developed for the reporting of cyber fraud. In… Read more »

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Cyber crime costs Britain £1,000 a second

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As businesses of all types move almost exclusively online and individuals rarely separate from their web devices, cyber crime is quickly becoming a widespread problem, costing the UK an estimated £27bn last year alone. This includes £3.1bn affecting ordinary citizens through identity theft and online scams and £21bn affecting businesses… Read more »

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American security firm hacked by political group Anonymous

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HBGary Federal, an American security firm, has recently had its website hacked by the online activist group Anonymous. The group has been involved in a number of high profile online attacks recently, including strikes on Visa, PayPal and others after the companies withdrew their support from WikiLeaks. It gets worse…. Read more »

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Lush hit as website is repeatedly hacked

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If you’re a fan of fragrant bath soaps and face creams, you may have noticed that Lush.co.uk is currently out of order, the victim of repeat hacking that has compromised customers’ credit card details. In numerous cases, the credit card fraud has changed from a potential danger to a reality…. Read more »

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Sainsbury’s employee caught in Nectar point scam

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As a business, it can be hard enough protecting yourself against the outside threat of hacking and fraud. But how can you prevent trusted employees taking advantage of weaknesses in an IT infrastructure? James Stevenson, a Sainsbury’s IT employee, was recently sentenced to 20 months in prison for Nectar point… Read more »

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