SMEs Remain Uninsured Against Cyber Threats Despite Growing Security Risks
According to the latest research by GlobalData, figures show that SMEs in the UK are aware that they face greater cyber security risks post-pandemic, but many still remain uninsured. The SME insurance survey, covering 2021-2022, found that there was a rise in respondents reporting risks, with 32.7% of SMEs indicating a “slightly increased” and “increased” […]
The Dangers of Storing Dark Data
According to the latest insights released by leading risk and compliance company, Donnelley Financial Solutions (DFIN), 96 percent of senior executives are concerned about data fraud, with 95 percent worried that data breach incidents will increase over the next two years. Data breaches are a growing concern for businesses, and this includes the storage of dark data. Dark data is defined as data that a business […]
NEBRC NAMED CYBER POLICING TEAM OF THE YEAR AT 2022 NATIONAL CYBER AWARDS
The North East Business Resilience Centre, established in 2019 by a police-led team collaborating across seven NE forces to help protect and support businesses from cyber crimeand online fraud, has been named the Police Team of the Year at the 2022 National Cyber Awards. Now operating as part of a national network, thus allowing best practice to be shared, the NEBRC provides […]
Uber: Victim of Severe Cyber Security Breach
Uber has recently reported being a victim of a severe cyber security attack by hacker group Lapsus$, the perpetrator having also potentially been linked to other recent attacks on Rockstar, Microsoft, and T-Mobile. The company revealed that the hacker gained access to internal systems through a technique called “MFA Bombing.” Using social engineering techniques, this method of attack can include: ➢ Spamming a team with lots of MFA (multi-factor authentication) requests until the […]
Why You Should Tighten Your Organisation’s Cyber Security
In August, the UK government announced new rules to protect UK telecoms networks against cyber attacks. These new regulations are set to encourage good security practices and protect mobile and broadband networks from cyber threats that cause network failure or the theft of confidential data. The announcement follows a significant recent increase in cyber crime. In the past year alone, we have seen governments […]
Updated Fraud Guidance From the Fraud Advisory Panel
Leaving yourself open to cyber enabled fraud puts you at risk of fines, legal liabilities, cyber attacks, reputational concerns and even business closure. There are many types of fraud: cyber criminals do not discriminate when it comes to their victims. It is vital therefore that you create and enforce the necessary policies & procedures to […]
New Ransomware Encryptions Employed By Cyber Criminals Pose Huge Threat to Cyber Security
According to reports, cyber criminals and malicious groups are using ransomware intermittent encryption technology to bypass cyber security. Intermittent encryption consists of encrypting only parts of the targeted content, which would still render the data unrecoverable without using a valid decryption key. As only part of the file is encrypted, the process is much faster and harder to spot, meaning […]
The Rise of Cyber Security in Retail
Following the COVID pandemic, the UK has seen an acceleration in online retail, and as retailers continuously work to develop in-store and online technology, there has been an inevitable and significant increase in data breaches for the sector, mainly due to flaws and vulnerabilities in payment systems. Not only can cyber attacks cause major disruption for businesses, in some instances resulting in temporary or even permanent closure, an attack can also expose customers’ personal data – resulting in hefty fines, penalties, […]
Leading UK Roofing Firm Falls Victim to Major Cyber Attack
Eurocell, a leading PVC-U roofing products manufacturer and distributor, has suffered a major cyber attack in the past few days that led to a third-party gaining access to confidential data. It has been reported that employees were contacted by the firm to inform them that data belonging to employees – including contracts, personal information, bank details, and other confidential information – had been […]
Keep Your Devices Up to Date to Reduce Cyber Security Risks
Keeping your cyber security in tip-top shape is more than just protecting passwords and maintaining reliable backups, it’s important that you ensure your devices stay updated. System updates may seem like a chore and can take up a lot of your precious time, but it’s crucial that you keep firmware up to date to avoid cyber criminals taking […]