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Banking App Fraud On The Rise

A recent report from cyber-security company RSA has highlighted a significant rise in fraud via fake banking apps. Number of Attacks Has Trebled The Fraud and Risk Intelligence (FRI) team at RSA have noted a tripling of the number of fraud attacks via fake mobile banking apps in the first six months of this year with…
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Any Thumbprint Unlocks a Galaxy A10

Samsung’s so-called “revolutionary” fingerprint authentication system for the Galaxy A10 phone appears to be offering less than satisfactory results as it is discovered that any thumbprint can unlock one. Biometric ‘Fail’ South Korean phone giant Samsung has received some unwanted bad publicity for its new Galaxy A10 phone after an article appeared in the Sun…
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Ex-Employee Claims Your G Suite Data Is Not Encrypted

A report by a former Google employee on the ‘Freedom of the Press Foundation’ website warns organisations that any data stored on Google’s G Suite is not encrypted, can be accessed by administrators and can be shared with law enforcement on request. G Suite G Suite is Google’s set of cloud-based computing, productivity and collaboration…
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Food Writer Loses £5,000 in Phone ‘Simjacking’

Well known food writer, Jack Monroe, has reported falling victim to criminals who were able to steal £5,000 from her bank and payment accounts in a “Simjacking” attack. What Is Simjacking? Simjacking, simswapping or ‘phone hijacking’ involves criminals being able to port a person’s mobile phone number over onto on another SIM card. This is…
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Dyson Scraps “Not Commercially Viable” Electric Car

Dyson has scrapped its £2.5 billion ‘N526’ electric car project with Sir James Dyson announcing that it was “not commercially viable”. So Close The project, which could be traced back to 1993 with the development of a cyclonic vehicle exhaust that could cut 95 per cent of harmful emissions, evolved into the full-blown development of…
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Digital ‘Pressure’ For Accountants

A report by IT company Prism Solutions has highlighted how traditional accountancy firms are having to change rapidly to meet challenges such as Cloud computing, GDPR and HMRC pressing quickly ahead with ‘Making Tax Digital’ (MTD). MTD According to the report, the whole accountancy profession is now on the verge of an evolutionary change and…
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New Law To Advance Fast Broadband Roll-Out Announced

Amendments to the UK’s Electronic Communications Code will give broadband operators compulsory rights to install their apparatus on another person’s property, thereby getting around the problem of landlords not responding to requests for access to blocks of flats and apartments. The Challenge The challenge that has prompted the government to seek changes to the current…
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AI and the Fake News War

In a “post-truth” era, AI is one of the many protective tools and weapons involved in the battles that male up the current, ongoing “fake news” war. Fake News Fake news has become widespread in recent years, most prominently with the UK Brexit referendum, the 2017 UK general election, and the U.S. presidential election, all…
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Local Authorities Facing 800 Cyber Attacks Per Hour

Figures gathered by insurance broker Gallagher – through the Freedom of Information (FoI) Act – have shown that UK local authorities were hit by an average of 800 cyber-attacks every hour in the first six months of this year. Problem Could Be Bigger Than Figures Show The figures, which were based upon the 203 (out of 408)…
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PayPal Drops Out of Facebook’s Libra Cryptocurrency

PayPal has announced that it is not going to be a part of the Switzerland-based Libra Association that is overseeing the introduction of Facebook’s Libra cryptocurrency. What Is Libra? Libra is a cryptocurrency, designed and coded by Facebook, that will enable payments to be made by a special phone app and by messaging services such…
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