High-profile, high-tech F1 teams such as Mercedes are attractive targets for hackers and cyber criminals. Some of the threats they face are familiar, particularly ransomware and phishing, while others particularly relate to the travelling caravan of remote workers involved in a 22-race season and the IP the teams own and rely on the maintain an […]
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Third North East England university hack in a year paralyses Sunderland
The University of Sunderland has been the victim of “a major cyber attack” that has affected email, telephone and IT systems. Vice-chancellor Sir David Bell has admitted “we don’t know” when a fix will be found. In a video message on a temporary website Sir David described the attack as “particularly upsetting” and said “we […]
“Chain hopping” ransomware gangs’ $5 Billion in Bitcoin payments
Showing just how lucratively attractive cybercrime has become to criminal gangs and how dangerous it is to the financial sector, businesses and the public, US Treasury analysis of 177 unique convertible virtual currency wallet addresses reveals that more than $5 billion in bitcoin transactions has been tied to the top ten ransomware variants. The mean […]
Twitch extortion hack alarms security experts
Last week’s hack of Amazon-owned Twitch saw a large amount of source code being stolen unnoticed. How can a company with, you would imagine, pretty insane levels of security in place courtesy of its parent, have left itself so vulnerable … and only find out about the breach on 4chan? There are also concerns that […]
NCSC CEO reminds UK businesses that ransomware is their #1 threat
Speaking at Chatham House’s cyber conference, the National Cyber Security Centre’s CEO Lindy Cameron has again reinforced her message to the nation’s C-suites that ransomware is “the most immediate danger to UK businesses” today, and that paying criminals serves only to perpetuate the problem. Several incidents in particular were cited; including one emanating from China […]
West Midlands Police annual cyber security budget nears £150,000
West Midlands Police have experienced 60,000 cyber attacks in the 12 months to June and the force is now spending almost £150,000 a years protecting itself from cyber crime, particularly phishing emails and ransomware injected into their systems. The National Fraud Intelligence Bureau says cyber crime cost the UK more than £1.3billion in the first […]