Nato Secretary General Jens Stoltenberg says all 29 member countries would respond to a serious cyber-attack on one of them. Writing in Prospect Magazine, he said such an incident would trigger a “collective defence commitment”, known as Article 5 of its founding treaty. Article 5 has not been triggered since the 9/11 terror attacks on […]

From a cybersecurity risk governance perspective, the FSC will expect as a minimum from the Management Companies the following: understanding of the cyber risks, vulnerabilities and impact associated in running their businesses, with supporting documentation; putting into place appropriate policies and procedures duly approved by the board to mitigate the risks; carrying out an annual […]

On 18 February 2019, the Information Commissioner’s Office (ICO) and the Financial Conduct Authority (FCA) updated their Memorandum of Understanding (MoU) with an aim to reinforce and develop their cooperation, collaboration, and information and intelligence sharing. Cooperation and information sharing The ICO and FCA have set out what matters they will communicate with each other […]

Boards at some of the UK’s biggest companies still don’t fully understand the potential impact of a cyber attack according to a new report. The Government’s Cyber Governance Health Check looks at the approach the UK’s FTSE 350 companies take for cyber security. The 2018 report published today shows that less than a fifth (16%) […]

Artificial intelligence has the potential to bring a select set of advanced techniques to the table when it comes to cyber offense, researchers say. On Thursday, researchers from Darktrace (.PDF) said that the current threat landscape is full of everything from script kiddies and opportunistic attacks to advanced, state-sponsored assaults, and in the latter sense, attacks continue to […]

Tesco Bank has been fined £16.4m by the UK financial regulator for failings surrounding a cyber-attack on its customers in November 2016. The Financial Conduct Authority said the bank had failed to exercise due skill, care and diligence in protecting its personal current account holders. The fraudsters got away with £2.26m. Tesco Bank said all […]

Singapore has suffered its “most serious” data breach, compromising personal data of 1.5 million healthcare patients including that of its Prime Minister Lee Hsien Loong. The affected users are patients of SingHealth, which is the country’s largest group of healthcare institutions comprising 42 clinical specialties, four public hospitals, five speciality centres, nine polyclinics, as well […]

The restaurant believes malware was used to collect payment card data including names and credit or debit numbers. Chili’s Grill & Bar, a restaurant brand owned by Dallas-based Brinker International, said some of its restaurants were hit with a cyberattack which may have resulted in compromise of users’ payment card data. It believes the incident […]