Ransomware insurance protection is a new and somewhat unwelcome additional cost consideration for the UK’s small to medium-sized business sector. Driven by the pandemic, organisations have largely or at least partially moved to remote operations. This creates a problem for both insurer and insured. Adequate protection against cyber criminals is very much a moveable feast […]
NEWS
Even micro businesses are at risk from ransomware attacks
A report from GoDaddy concludes that small businesses are just as likely to bit hit by a ransomware as larger enterprises, perhaps because the vast majority of their websites have no adequate security measures in place. More than a third of the companies they surveyed have been hit in the last year. 24% suffered financial […]
Labour Party data handler hit by “cyber incident”
The Information Commissioner’s Office (ICO) and the National Cyber Security Centre (NCSC) are jointly investigating a “cyber incident” at a third party firm that handles the Labour Party’s data involving “a significant quantity” of information relating to party members which was “rendered inaccessible on their systems”. The Labour Party and the National Crime Agency are […]
Met recommends a top-down approach to combating cyber crime
The London Metropolitan Police’s Tom Lee on how he and his colleagues in the Cyber Unit help businesses and other organisations as well as members of the public to protect themselves from cyber criminals and particularly the threat of ransomware attacks. We hear some of the horror stories he encounters on a daily basis and […]
Take a ‘security first’ approach to cyber crime, businesses are urged
By the end of 2021, it is projected that ransomware will have cost businesses in excess of $20 Billion, and this is expected to rise to $265 Billion by 2031. It’s not only large, affluent companies hat are affected, either. Smaller companies that might hold valuable data are often easier to penetrate and extort. As […]
MLB extortion attempt thwarted by undercover FBI agent
are technica reports that the operator of an illegal video streaming website called HeheStreams tried to extort $150,000 out of the US’s premier baseball league, the MLB, by stealing and threatening to publish its security vulnerabilities after being rebuffed by the MLB when he asked for compensation for pointing them out. Joshua Streit, AKA Josh […]