Losses to authorised push payment (APP) fraud will double across the UK, India and the US in the next four years, hitting $5.25bn (£4.44bn), with a compound annual growth rate of 21% across the period, according to a report produced by ACI Worldwide, a supplier of payments software, and GlobalData, an analytics firm. In […]

Backup is as old as IT itself, and it’s had to adapt as the IT landscape around it has evolved. Now we find backups at the centre of ransomware recovery strategy, as a source of business data to be analysed, or holding datasets that need restores at the speed of flash. Meanwhile, also, multi- […]

It is de rigueur for any company to be talking about the metaverse these days, but for German engineering firm Siemens, it is becoming something of a crusade. Following up on its announcement of a collaboration with Nvidia in June this year to “enable the industrial metaverse”, Siemens now seems to have gone all-in. […]

Ransomware continues to afflict companies, non-profit organisations and government agencies worldwide. Stories about new ransomware attacks regularly appear in the tech news headlines – and there are many other incidents that don’t make the news, but we hear about anecdotally. Being exploited by ransomware perpetrators has a negative stigma that is exacerbated by a […]

Recent ransomware campaigns, such as REvil and Ryuk, have become “human-operated ransomware”, whereby the attack is controlled by an operator rather than spreading automatically. Such attacks often take advantage of well-known security weaknesses to gain access. For example, a number of recent ransomware incidents are thought to have started with poorly configured or vulnerable […]

UK-based victims of online shopping scams lost an average of £1,000 per person during the 2021 holiday season, according to National Fraud Intelligence Bureau (NFIB) statistics released today to coincide with a new National Cyber Security Centre (NCSC) anti-fraud campaign run under the auspices of its Cyber Aware programme. All told, UK shoppers lost […]

Cyber insurance: The good, the bad and the ugly Source link

The volume of self-reported breaches to the Information Commissioner’s Office (ICO) rose by 29% year on year from 9,535 to 12,314 in the 12 months to 30 June 2022, according to data sourced via a Freedom of Information (FoI) request by enterprise data management specialist Veritas. The ICO provided information on breach reports received […]

“On the surface, you might think that the usage of IT has a positive impact on the environment due to less business travel and commuting to work,” writes Niklas Sundberg in his new book, Sustainable IT playbook for technology leaders, published in October 2022. As CIO of the Global Solutions division at Sweden’s Assa Abloy, […]

The Ministry of Defence (MoD) is to deploy a package of solutions from “people-centric” security specialist Immersive Labs to upskill existing individuals and teams to confront threats, prove their cyber readiness and identify up-and-coming talent to fill open roles. The integration is in support of an existing MoD skills delivery programme, Digital Skills for […]