Given the heightened risk of cyber incidents in the current Covid-19 crisis, it seems timely to look at the Cyber Security Breaches Survey 2020 published recently by the Department for Digital, Culture, Media and Sport. Now in its fifth year the survey looks at UK businesses, charities and, for the first time, educational establishments. In […]
Understandably we are all focused on the growing threat of coronavirus; but that doesn’t mean that other risks have gone away. In particular this week we saw announcements of high-profile data breaches at Network Rail and Virgin Media. On Monday it emerged that the email addresses and travel details of about 10,000 people who used
High Profile Data Breaches at Virgin Media and Network Rail Read More »
A report published recently by DLA Piper looks at the impact of GDPR, 18 months on from coming into force across the EU. So far 160 000 breaches have been reported, including: 40 000 in the Netherlands; 37 000 in Germany; and 22 000 in the UK. The report states that the fines imposed to
The Information Commissioner’s Office (ICO) has today issued a notice of its intention to fine British Airways £183.39M for infringements of GDPR. The proposed record-breaking fine relates to a well-publicised cyber incident in 2018, wherein user traffic to the British Airways website was diverted to a fraudulent site. Personal data of approximately 500,000 customers were affected
Record Proposed Fine Announced for BA Following 2018 Data Breach Read More »
A recent academic study by Daniele Bianchi and Onur Kemal Tosun analysed the market reaction to 41 deliberate (ie criminal) security breaches that occurred in large US firms between 2004 and 2016. The authors found that firms experiencing such a security breach experienced a loss in value of between 1 and 1.5% over a period
New Study Looks at the Cost of Security Breaches Read More »
The Information Commissioner’s Office (ICO) published its report for the year 2017/18 last month, containing a useful update on the prevalence of information security issues. Firstly, the ICO reported that the number of data protection concerns raised had risen to 21019 (up 15% from last year). In a similar pattern to last year, 32% of
ICO Reports Increase in Data Protection Concerns and Self-Reported Breaches Read More »
Last week was a very busy week for the ICO – and nothing to do with GDPR…. First came the announcement on 12th June that Yahoo! UK Services Ltd was being fined £250 000 for the massive data breach in 2014 (disclosed in 2016) affecting 500 million users globally. Specifically, the ICO’s investigation focused on
A Busy Week for the Information Commissioner's Office Read More »
Business Continuity Awareness Week (BCAW) 2018, with the theme “working together to improve organizational resilience”, ends today. As usual there has been a busy programme of reports published, webinars hosted and live events around the globe; but what always interests us is the real business continuity stories going on around all this. For some reason,
TSB customers are experiencing a fourth day of disruption, following the migration of TSB customer data from Lloyds’ IT systems over the weekend. The main impact on customers has been the inability to use internet and mobile banking but, more worryingly, there have been numerous reports of spurious transactions and, for a period on Sunday,
