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A recent ruling by the High Court that an email containing an automated signature is legally binding proved costly to the lawyer who sent such an email on behalf of his client that included the wrong price for a land sale. £25,000 Below The unfortunate lawyer, Daniel Tear, who sent an email to another lawyer…
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The £240,000 of cryptocurrency confiscated from a teenager who was jailed for hacking ISP TalkTalk has been auctioned by police with the proceeds going towards fighting crime. TalkTalk Hack Elliott Gunton, (now 19) was jailed for 20 months in August this year for hacking offences, money laundering and for the breach of a Sexual Harm…
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Research from techUK shows that less than half of small UK businesses consider themselves to be ready to face a no-deal Brexit on 31 October, whereas 87% of larger businesses think they are prepared. Small and Medium The techUK research shows that only 43% of UK small businesses think they are ready for the prospect…
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Multinational IT security company ‘Trend Micro’ has highlighted the future threat of cybercriminals making and posting (or threatening to post) malicious ‘deep fake’ videos online in order to cause damage to reputations and/or to extract ransoms from their target victims. What Are Deepfake Videos? Deep fake videos use deep learning technology and manipulated images of…
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Two security specialists who performed a physical break-in on the US courthouse that hired their company for a penetration test have claimed that their break-in was part of their assessment of security. What Happened? Dallas’ State Court Administration (SCA) is reported to have hired security company Coalfire Labs to conduct testing of the security of…
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Speaking at a recent CloudSec event in London, Trend Micro’s vice-president of security research, Rik Ferguson said that AI cyberattacks operated autonomously are an inevitable threat that security professionals must adapt to tackling. If Leveraged By Cybercriminals Mr Ferguson said that when cybercriminals manage to leverage the power of AI, organisations may find themselves experiencing attacks…
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A new global Forrester Consulting study predicts major changes in their service workforce over the next five years, including replacing call centre and customer service centre staff with automated dispatch notification. The Study The “From Grease To Code: What Drives Digital Service Transformation” study, commissioned by cloud-based software for service execution management company ServiceMax, highlights…
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France’s finance minister, Bruno Le Maire has said that the development of Facebook’s new Libra cryptocurrency will be blocked in Europe unless concerns over risks to consumers and to the monetary systems of countries can be addressed. Libra – Announced in June Announced in June this year and due to be launched in 2020, Libra…
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The Human Factor report from Proofpoint shows that almost all cyber-attacks, at some stage, involve the exploitation of human error in the form of social engineering. What Are Social Engineering Attacks? Social engineering attacks involve the manipulation and deception of people into performing actions such as transferring money to criminal accounts or divulging confidential information. What…
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A recent Wall Street Journal report has highlighted how, in March this year, a group of hackers were able to use AI software to mimic an energy company CEO’s voice in order to steal £201,000. What Happened? Reports indicate that the CEO of an unnamed UK-based energy company received a phone call from someone that…
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