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Two-thirds of UK companies experienced a data breach in last two years, new survey claims…

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According to a recent data security survey commissioned by Infinigate UK and GFI Software, two-thirds of UK companies have reported data breaches within the last two years, with 37 per cent of all attacks found to be made deliberately from within a company.

The survey, which was conducted in April of this year by the technology market research company, Vanson Bourne and consists of responses made by companies with 200-1000 employees across various public sectors, concluded that 54 per cent of respondents agreed a lack of management buy-in is a key challenge for IT security; followed by 48 per cent stating insufficient internal resources and skills.

Furthermore, 43 per cent also revealed budget limitations as a main IT security challenge, with 29 per cent of interviewees claiming challenges also arise due to a shortage of appropriate solutions.

 

To download the full report, click here

Kaspersky Lab: Brit residents ‘top targets’ of ransomware attacks…

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New data released by security software company, Kaspersky Lab, claims that British residents are constantly being targeted in a wave of ransomware attacks.

The research suggests that mobile ransomware is becoming more commonplace, and reveals that the company put a stop to 136,532 ransomware attacks between March 2015 and March 2016; an almost four-fold increase on the 35,413 attacks in the previous 12 months.

In addition, Kaspersky’s data shows that UK citizens are among the most likely to be targeted by mobile ransomware; with an estimated 16 per cent of all mobile ransomware attacks hitting users in this country.

Read more on the research here

Industry Spotlight: Business as usual for UK police and security firms?

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As a nation, we are still coming to terms with the shocking decision made by the public to leave the EU and, already, police are launching investigations into post-referendum racism acts across the country.

Despite these ignorant acts, senior UK police chiefs have declared its strategy to carry on as normal, even with numerous warnings that the Brexit vote will potentially increase the chances of a terror attack in the UK and similar predictions previously made by the former MI5 chief, Eliza Manningham-Buller and the British Defence Minister, Michael Fallon.

It is clear that senior officers are determined to work closely and productively with their European counterparts; with vice chairman at the National Police Chiefs’ Council and assistant commissioner Martin Hewitt, commenting in a statement: “Ahead of the EU referendum, we stated our need to work closely and at speed with European countries to keep people in the UK safe from organised crime, cyberattack, terrorism or violent offenders. This operational requirement must be maintained as the UK leaves the European Union.”

Although The New York Times has described the country’s decision as ‘weakening the interlocking web of Western institutions and alliances’, the US has confirmed that it will continue its ‘special relationship’ in a phone conversation between the US Defense Secretary, Ash Carter and Fallon.

Even though Carter declared that he would of liked to of seen the UK stay in the EU during a trip to Brussels earlier this month for a NATO ministerial meeting, Pentagon spokesperson, Peter Cook, said that the UK will still play a key part ‘on the global stage’, as well as in Europe and as a member of the North Atlantic Treaty Organisation (NATO).

The chief of Europol, Rob Wainwright, however, warned in a statement on Wednesday 22 before the final vote was cast that Brexit would damage the UK’s ability to tackle crime, claiming the Leave vote “has the potential to harm the UK’s ability to fight terrorism and crime, because of the extent to which police co-operation information systems and other capabilities in the EU have become embedded in the police community and, to a lesser extent, the intelligence community.”

Consumers fear of further cyber-attacks a ‘very clear call to action’ for organisations…

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A new survey conducted by the identity software management provider, Centrify, has revealed that 75 per cent of adults in the UK would stop doing business with, or would cancel a membership to, an organisation if its database was hacked.

The research of 2,400 people across the UK, Germany and the US analysed consumer attitudes towards hacking and how likely people are to continue transacting with businesses – including banks, retailers, governments, travel, hospitality and health companies — after experiencing a cyber-attack.

Chief product officer at Centrify, Bill Mann, said: “If three-quarters of customers are prepared to walk away from a business if it has been compromised, then what kind of message is this sending to those organisations? We would say that it is a very clear call to action to those businesses to sort out their processes and do everything they can to protect confidential customer information. When companies put customer data at risk they are really putting their entire business at risk. People simply will not tolerate doing business with potentially risky organisations, so it’s time for them to take full responsibility for their security and put the proper measures in place once and for all.”

According to the survey, financial institutions appear to acquire the best reputation in dealing with security breaches compared to the other sectors listed; with governments and HMRC coming in second. However, retailers rank fourth and travel sites fifth in each country, while membership and hospitality businesses came in at the lowest level.

View the survey infographic here

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Industry Spotlight – Basu: Sports fans and festival goers could become the next targets of terrorism…

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Revellers at major sporting events and festivals this summer could potentially become targets for terrorism, according to the Metropolitan Police deputy assistant commissioner, Neil Basu, who said in a recent anti-terrorism briefing held at Wembley Stadium that sport and music venues are vulnerable due to the higher populations of people.

With festival organisers and football club executives in attendance, Basu urged bosses to step up all security solutions in the wake of recent terrorist attacks such as Paris in November last year, in addition to the current terrorism threat in the UK classed as severe by the MI5 intelligence agency.

In an interview with The Sunday Times, Basu explained: “This (large venues) is where you put a small town into a small area for a couple of hours. That’s exactly the same with large concert venues and much harder to safeguard with a large open-air festival. The threat has become much more difficult to counter because it’s not potentially anytime, any place, anywhere. These people (terrorists) are perfectly happy to target civilians with the maximum terror impact. Crowded places were always a concern for us, but now they are right at the top of the agenda.”

Despite admitting that there is no specific intelligence to suggest a possible terrorist attack at a sporting or music venue, Basu did, however, mention a previous possible attack by a ‘Paris terrorist cell’, where photographs of a football stadium in Birmingham were found on a mobile phone.

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