50,000 businesses exposed to cyber attacks through SAP systems May 2, 2019 Up to 50,000 businesses running Sap software are at risk of being hacked after security researchers uncovered new ways to exploit insufficiently protected systems. German firm Sap, which provides software to more than 90 per cent of the world’s top 2,000 firms, said it had issued guidance on configuring security settings in 2009 and 2013. However, security [...]
Huawei chairman says the US has ‘no evidence, nothing’ of Chinese backdoors in 5G February 26, 2019 Huawei's chairman Guo Ping has said there is "no evidence, nothing" to support US claims of spying via its telecommunications equipment. "We don't do bad things," said Ping, speaking in a keynote address at Mobile World Congress in Barcelona. "Here, let me say this as clearly as possible: Huawei has not and will never plant backdoors. [...]
Microsoft opens up cyber security services in Europe in wake of fresh Russia attacks February 20, 2019 Microsoft has expanded the reach of its cyber security service for political organisations in Europe, after detecting a fresh wave of attacks from Russian hackers. The firm's vice president for customer security and trust Tom Burt said Microsoft's Threat Intelligence Centre (MSTIC) had discovered attacks on employees of the German Council of Foreign Relations, and European [...]
The Great Russian Firewall: Putin’s unplugging his country from the internet February 11, 2019 Russia is preparing to detach itself from the rest of the world by briefly disconnecting from the internet, as it readies for future cyber warfare. The test, due to be held before 1 April, will keep all data circulating between Russian citizens and organisations within the country's borders rather than passing through international routes. The move [...]
The world’s biggest data dump: How do I find out if my email was caught in the Collection #1 hack? January 17, 2019 More than 722m email addresses and passwords were uploaded to the internet on Wednesday, in what is being referred to as the world's biggest data dump to date. Known as Collection #1, the dump was discovered by security researcher Troy Hunt, who is also the owner of hack-checker website HaveIBeenPwned.com. Initially uploaded into a hacking [...]
Global cyber attacks soar by 63 per cent in three years as criminals harness AI January 11, 2019 The number of significant cyber attacks has grown by more than 50 per cent in the last three years, with artificial intelligence increasingly being used as a cyber security threat, Linklaters has warned. A new report from the global law firm has revealed that there were 67 significant cyber incidents worldwide in January to October 2018, [...]
TSB backs Met with £200,000 fund to fight fraud in London after last year’s IT chaos January 9, 2019 Bank TSB has invested £200,000 in a partnership with the Metropolitan Police to fight fraud and cybercrime. The bank, which suffered a string of IT outages last year that led to the exit of its chief executive Paul Pester, said the scheme was aimed at fraud prevention and enforcement. TSB was hit by extreme levels [...]
Drones, cybercrime, AR, and robots – the tech trends to watch out for in 2019 January 3, 2019 It is finally 2019, and I can’t wait to see what surprises the technology industry has in store for us. What should we keep our eyes peeled for over the next 12 months? To whet your appetite about the future, I asked the experts for their predictions for the top tech trends of this year. Devious [...]
Tech outages at financial firms double as watchdog warns of data breach risk November 27, 2018 IT failures at financial institutions have more than doubled in the last year, the Financial Conduct Authority has revealed, as firms fight to update their legacy technology to keep apace with fintech startups. In the 12 months to October, the UK's financial firms reported a 138 per cent increase in technology outages to the FCA, as [...]
Barclays fights off cyber attack attempts every day, says digital defence head November 26, 2018 Barclays fights off attacks from cyber criminals every single day, according to the head of the bank’s cyber security operations centre. Former Europol cybercrime centre head of operations Paul Gillen told City A.M. that the number of attempts against the lender each day was “substantial”. However, the attacks vary in degree with the most common [...]