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The Information Commissioner’s Office (ICO) has imposed a £183 million fine on British Airways, the biggest fine to date under GDPR, for a data breach where the personal details of 500,000 customers were accessed by hackers. The Breach The breach, which involved criminals using what is known as a ‘supply chain hack’ took place between…
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Visa is integrating blockchain technology with its core systems to enable participant businesses to make direct, cross-border, bank to bank payments to other corporate participants. B2B Connect The news system called Visa B2B Connect is being built using the Hyperledger Fabric framework from the Linux Foundation, and will mean that, rather than paying another corporate…
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Research from the McKinsey Global Institute shows that UK companies could lose 20% of their cash flow if they are too slow to invest in and adopt Artificial Intelligence (AI) tools. Could Miss Out Even though the report highlighted the UK’s higher than average AI-readiness, the country could miss out on a potential 22% boost…
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A group of 47 technology companies, rights groups and security policy experts have released an open letter stating their objections to the idea of eavesdropping on encrypted messages on behalf of GCHQ. “Ghost” User The objections are being made to the (as yet) hypothetical idea floated by the UK National Cyber Security Centre’s technical director…
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A survey commissioned by email security firm Mimecast and conducted by Vanson Bourne has revealed that even after GDPR’s introduction, more than half of UK firms have no Cyber Resilience Plan. What Is A Cyber Resilience Plan? An organisation’s cyber resilience is its ability to prepare for, respond to and recover from cyber-attacks, and a Cyber Resilience…
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The fact that big tech companies are willing to pay big bucks in ‘bug bounties’ is one of the main reasons why becoming an ethical hacker / ethical security tester is increasingly attractive to many people with a variety of technical skills. What Is An Ethical Hacker? An ethical hacker / white hat hacker/ ethical…
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A written parliamentary question from MP Luciana Berger about the possibility of bringing forward legislation to regulate the use of facial recognition technology has led the Home Office to hint that the legislation (and more) may be on the way soon. Questions and Answers The question by the MP about bringing forward ‘biometrics legislation’ related to…
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Internet security experts are warning that old routers are targets for cyber-criminals who find them an easy hacking option. How Big Is The Threat? Trend Micros have reported that back in 2016 there were five families of threats for routers, but this grew to 35 families of threats in 2018. Research by the American Consumer Institute…
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The findings of Verizon’s 2019 Data Breach Investigations Report have reminded companies that let customer information go astray that they could be facing big fines and damaging publicity. The Report The annual Verizon Data Breach Investigations Report (DBIR) draws upon information gained from more than 2,000 confirmed breaches that hit organisations worldwide, and information about…
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The G7 nations will be holding a simulated cyber-attack this month to test the possible effects of a serious malware infection on the financial sector. France The attack simulation was organised by the French central bank under France’s presidency of the Group of Seven nations (G7). The three-day exercise will be aimed at demonstrating the…
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