Archive for Author: Philip Robinson

As you may expect, the financial services industry is a prime target for cyber-criminals. According to the Sovereign Business Integration Group, the financial sector experiences 300% more cyber-attacks than other industry. Last year alone there were 2,356,000 reported cases of bank account fraud. In the age of digitalization, an increasing number of payment services are being pushed online. We bank online, shop online, pay our bills online, and we may … Read more

In addition to training employees and auditing important system changes, the use of global threat intelligence services can prove to be an invaluable contribution to your cyber security arsenal. Global threat intelligence provides you with an ongoing stream of information about current or potential cyber threats – both internal and external – which you can use to update your current strategy and tools. According to The SANS State of Cyber … Read more

Another day, another data breach incident affecting sensitive patient information. This time, the victim was the Oklahoma State University Center for Health Sciences (OSUCHS) and the target nearly 280,000 Medicaid patients in Oklahoma. The most worrying part? Nobody seems to know what exactly happened. This incident was first made public on January 5th but, a letter OSUCHS is using to send to affected patients makes clear that it was discovered … Read more

According to a recent report by oneadvanced.com, 27% of UK educational institutions are unprepared for a cyber-attack, and as much as 47% of institutions are not aware of how the Data Protection Regulation (GDPR) applies to them. It is clear that educational institutions are lagging behind when it comes to cyber security and, should this trend continue, they may be liable to some pretty hefty fines once the GDPR comes … Read more

Vast amounts of data, complex environments, out-of-date equipment, and a shortage of specialised security staff have all contributed to what some are referring to as the “perfect storm”. A recent report by the U.S. Department of Health & Human Services has highlighted some of the key issues. Below are the top 10 biggest data security issues facing the healthcare industry: 1. The growing attack surface The changeover from paper records … Read more

According to the IBM X-Force Threat Intelligence Index 2017, the financial services industry experienced the highest number of cyber-attacks in 2016. 58% of these attacks were caused by insiders. 53% of insider attacks were inadvertent, and only 5% were malicious. Insider attacks are not necessarily initiated by current employees, but also former employees and third parties. The report suggests that the reason why the financial sector experiences so many insider … Read more

2016 was a record year for data breaches, and this trend looks set to continue in the future, as 2017 has already witnessed its fair share of high-profile cyber-attacks. Organisations such InterContinental Hotels Group (IHG), Verifone, Gmail, Yahoo!, Washington State University, Verizon, Equifax, and Deloitte, to name a few, have all experienced a serious data breach so far this year. Despite such high-profile attacks, top executives are still failing to … Read more

The GDPR is a new EU regulation that is due to come into force on May 25, 2018. It has turned into a hot topic in the healthcare industry as service providers prepare to meet the compliance challenge. The United States’ Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a regulation that was developed to protect the privacy and security of sensitive medical information. There are several key … Read more

There’s no doubt that attacks will continue to increase in frequency, severity and complexity. Behind the scenes, nations are fighting what appears to be a cybersecurity war. According to the president of Microsoft, North Korea was allegedly behind the WannaCry ransomware attack that temporarily brought down numerous NHS trusts. Ukraine’s security service (SBU) claim that Russia was behind NotPetya attacks which resulted in hundreds of millions of dollars in damages. … Read more

According to a recent report by Accenture, over the past 12 months, banks experienced an average of 85 serious breach attempts, with as many as 36% of banks revealing that data had been stolen. To make matters even worse, banks took an average of 59 days to spot an attack. Naturally, banks are a prime target for cyber-criminals because they offer the greatest financial reward. Below is a simple checklist … Read more

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