A periodic stress test assessment of U.K. insurers by the Bank of England found underwriters mostly withstood extreme cyber events. Still, underwriters may not be operating from the same set of assumptions when it comes to the likelihood of having to manage an actual extreme cyber event.
Russian and Iranian state-sponsored hackers are using advanced social engineering tactics to target journalists, defense organizations and academic and civil society organizations in the U.K. for cyberespionage campaigns, the British National Cyber Security Center warns.
Microsoft blamed an internal network configuration change for outages that disrupted access to Microsoft 365 services, including Microsoft Teams and Outlook, for users around the world. The change has been rolled back and additional infrastructure added to speed restoration, it says.
The United Kingdom's Royal Mail says it can again deliver simple letters to international destinations as it enters a second week of grappling with the fallout of a ransomware attack. It is testing operational workarounds to reduce its backlog of packages to be delivered.
The former head of the U.K.'s National Cyber Security Centre warns that destructive ransomware targeting large enterprises is likely to surge in 2023, adding that recent attacks on Royal Mail and The Guardian newspaper are examples of these early-stage attacks.
The Irish Data Protection Commission has imposed a fine of 390 million euros against Meta Ireland for violating the General Data Protection Regulation related to user data processing. Meta confirmed it will contest the penalty, which targets ad personalization by Facebook and Instagram.
The French data protection authority fined Microsoft Ireland 60 million euros for privacy and security practices relating to a Bing search engine advertising cookie. The company has three months to get the consent of the French users before further deployment of the cookie.
In a surprise move, Britain's Information Commissioner's Office recently named names - lots of names - on the data breach front. The ICO has published detailed information about breaches of personal data, complaints and the civil investigations. Attorney Edward Machin explains the implications.
The latest edition of the ISMG Security Report discusses why it is always a bad idea for organizations to pay hackers for data deletion, practical steps organizations can and should take to avoid being at the heart of a data subject complaint, and the latest efforts to tackle the ransomware threat.
How can we rethink our approach to keeping critical systems secure, reliable and performing long term? Today, Financial industry executives across the globe needs to address the task of building cyber resilience that spans across silos in an effort to achieve true business resilience.
During this discussion focused...
A ransomware attack on the Irish healthcare system in 2021 has cost the government 80 million euros in damages and counting. The Irish Health Service continues to notify victims of the incident that their personal information was illegally accessed and copied.
The U.K. government on Friday released voluntary code of practice that will be monitored for compliance. The guidelines tell operators and developers to ensure that apps receive updates to fix security vulnerabilities and call for every app developer to establish a vulnerability disclosure process.
The U.K. Department for Environment, Food and Rural Affairs relies heavily on applications no longer supported by their vendor. Current levels of modernization spending are not sufficient to "reduce cybersecurity and resilience risks to an acceptable level," warns the National Audit Office.
The Conservative U.K. government said it will propose updates to the country's main cybersecurity regulation, including a requirement for the private sector to reimburse the public sector for enforcement activities. The government downplayed concerns that it could create perverse incentives.
Is a four-month delay between learning your systems were breached and notifying affected customers acceptable? After spotting an attack in August, private utility South Staffordshire Water in England is only beginning to alert customers that they're at risk of identity theft.