Posts

Showing posts with the label ransomware

The True Cost of Cyber Downtime: A UK Board-Level Briefing

Image
Written by Sean Tilley, Senior Sales Director EMEA at  11:11 Systems   Cyber downtime carries measurable financial consequences, and those consequences are becoming clearer with each major incident.  Research from 11:11 Systems  shows that 78% of European organisations report losses of up to $500,000 per hour following a cyber-related outage, while 6% face costs exceeding £1 million per hour. When recovery extends beyond containment, the disruption begins to register in revenue performance, contractual exposure, and customer stability rather than remaining confined to the technology function. For UK leadership teams, the issue centres on continuity of income, fulfilment of obligations, and the strength of customer relationships under strain.   Recovery delays compound risk Half of organisations surveyed require between one and two weeks to fully recover from a cyber incident. Over that period, cost exposure builds in ways that are rarely reflected in early estim...

Prevention is Better Than Cure: The Ransomware Evolution

Image
Ransomware tactics have continued to evolve over the years, and remain a prominent threat to both SMBs and larger organisations. Particularly during the peak of COVID-19,  research by IBM  found that ransomware incidents ‘exploded’ in June 2020, which saw twice as many ransomware attacks as the month prior, taking advantage of remote workers being away from the help of IT teams. The same research found that demands by cyber attackers are also increasing to as much as £31 million, which for businesses of any size, is detrimental for survival. In recent months, ransomware attacks have not left mainstream media headlines. And with the number and frequency of ransomware attacks increasing, not to mention the innovation in distribution methods, this should be a wake-up call for organisations to strengthen their defences. Jack Garnsey, Product Manager Security Awareness Training and SafeSend, VIPRE explains that by taking a preventative approach, businesses can take the necessary st...

Cyber Security Roundup for July 2021

Image
     A roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, June 2021. How was UK Government Building CCTV Leaked? The  Sun newspaper published CCTV workplace footage of Health Secretary Matt Hancock, kissing aide Gina Coladangelo  on 6th May 2021, the fact both are married to different people fuelled several days of sensational headlines. Given Matt Hancock has led the charge on directing the UK's COVID rules, his position in government quickly became untenable, resigning a few days later after the story broke. However, the big security concern here, is how was internal UK government building CCTV footage obtained by an external reporter?   CCTV Leaked from UK Gov Buildings is a security concern The Northern Ireland secretary,  Brandon Lewis,  summed up the security concern when he said  “t he security and privacy of government business mean min...

Why Freelancers Should Prioritise Cybersecurity

Image
Article by  Beau Peters As a freelancer in any industry, you are likely more susceptible to hackers and cybercrime than many other professions. Not only are you pulling in a constant stream of customer data, but as a worker on the go, you likely work exclusively in the digital realm with all of your information in the online space. That means that you are basically presenting data on a silver platter for cybercriminals to find and use for malicious purposes. If you take your business seriously, then cybersecurity needs to be your top priority , not only for your clients but also for the stability of your own enterprise. Luckily, you can stay out of the way of cybercriminals by implementing a few basic security features along with an understanding of common threats. We’ll explain both solutions below. Protect Client Data It is important to remember that just about any piece of client data can be used by cybercriminals to cause havoc. Credit card and social security numbers are espec...

Cyber Security Roundup for June 2021

Image
    A roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, May 2021. UK Smarties Cities Cybersecurity Warning The UK National Cyber Security Centre (NCSC) published its Smart Cities (connected places) guidance for UK local authorities . NCSC warned UK  Smart Cities will be highly targeted by hackers, and as such, councils need to ensure they are properly prepared as they rollout increasingly connected and technology-reliant infrastructure. The NCSC said critical public services must be protected from disruption, while sensitive data also needs to be secured from being stolen in large volumes. Smart cities and connected rural environments promise a host of benefits for UK society, for instance, sensors will monitor pollution, real-time information on parking spaces, while cameras will track congestion and smartly manage traffic flow. However, another concern is the large volume...

Cyber Security Roundup for May 2021

Image
   A roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, April 2021. Think Before You LinkedIn! Business social media platform LinkedIn is being exploited by nation-state threat actors to target UK citizens.  The UK Security Service MI5 said 10,000 staff from every UK government department and from important UK industries have been lured by fake LinkedIn profiles. MI5 said the faked LinkedIn accounts are created and operation by nation-state spy agencies, with an intent to  recruit individuals or gather sensitive information. MI5 released a campaign video called "Think Before You Link" to raise awareness  of the threat. The personal information of 11 million UK Facebook profiles were been found on a hackers website , with the social media giant seemingly dismissing the significance of the data within a statement, " This is old data that was previously reported on in 2019...