The Threat of Ransomware in 2023
In 2022, the National Cyber Security Centre (NCSC) described ransomware, as ‘the most acute threat that businesses and organisations in the UK face’. Ransomware is a malicious programme written to encrypt data. If you become the victim of a ransomware attack you will be unable to read or access encrypted data without a decryption key. Typically, cyber criminals will offer the […]
Cyber Insurance
In a world where cyber threats are both varied and constantly changing, cyber insurance can help your organisation to get back on its feet, should something cyber-related go wrong. As well as minimising business disruption and providing financial protection during an incident, cyber insurance may help with any legal and regulatory actions after an incident. When purchasing an insurance policy, it is important to identify which attacks […]
Upcoming Cyber Security and Privacy Developments in 2023
Heading into 2023, you can expect to see the UK’s digital landscape shift as new rules come into force regarding cyber security, online content, and personal data. 1) The Online Safety Bill Offering online protection to children through policing the digital world, this bill aims to hold social media accountable for harmful material whilst protecting freedom […]
Managed Service Providers to Face New Cyber Security Laws
Managed Service Providers (MSPs) in the UK will face new cyber security laws as the UK government updates its Network and Information Systems (NIS) regulations following Brexit. MSPs provide many IT services to businesses to include security monitoring and digital billing, which means that they often have greater access to customers’ IT networks. As a result, cyber criminals view […]
UK Introduces World-First Code of Practice to Improve Consumer Security Within App Market
A world-first Code of Practice has been introduced by the UK government to encourage app store operators and developers to prioritise cyber security to protect consumers. The Department for Digital, Culture, Media & Sport (DCMS) said that the new voluntary regulation includes requirements for those who sign up for it to have reporting procedures to flag issues and guarantee full […]
Manufacturing Industry Reports the Most Cyber Attacks Globally Compared to Other Leading Industries
The global manufacturing industry has seen the highest share of cyber attacks across other leading industries worldwide taking up nearly a quarter of total attacks across 2023, according to the latest research by Statista. Finance and insurance followed with 18%, and professional, business and consumer services coming in third at 15.4% of reported cyber attacks. Research […]
UK Parliament Approves New Bill to Regulate Cyber Security of Smart Devices
The UK government has introduced a new Bill into parliament, which will require manufacturers and distributors of smart devices to ensure that they are more resilient to cyber attacks. Proposed by the government over a year ago, the Product Security and Telecommunications Infrastructure Bill (PSTI) is set to introduce a regulatory scheme for internet-connected devices to be more reliable […]
Microsoft Warns of Hackers Using Google Ads to Spread Ransomware
Businesses are often warned to avoid clicking on suspicious spam links and engaging with spam to prevent malicious ransomware from infecting systems, however, cyber criminals are drawing up new ways of preying on their victims. Microsoft has recently issues a warning to users to be wary of Google ads with fake websites that are portraying genuine services such as Zoom and […]
Bargain Hunters Be Aware this Black Friday, NCSC Warns
The National Cyber Security Centre (NCSC) is warning bargain hunters to be extra alert for seasonal scams, as part of its recent Cyber Aware campaign. And now is a good time to strengthen online security credentials for individuals and businesses alike with new figures revealing that victims of online Christmas shopping scams lost on average £1,000 per […]
Project Launched to Examine the Greater Impact of Ransomware on Victims
According to reports, as of November 2022, 39% of UK businesses have experienced a cyber breach, the same as in 2021, with phishing and ransomware noted as key attacks. Ransomware is becoming a huge cyber security challenge for businesses across the UK as a successful attack can lead to costly damages to IT systems and backups, which, can cost SMEs […]