Category: Industry News

News and information from the Advent IM team.

‘Increasingly sophisticated ransomware attacks’ prompt joint alert from UK, US, and Australia

The advisory warns there is “a growing wave” of attacks which could impact critical infrastructure and have “devastating consequences”. Cyber security experts from the UK, US, and Australia are warning of a “growing wave of increasingly sophisticated ransomware attacks” which could have “devastating consequences”. Chief executive officers and board members are being strongly encourages to […]

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Puma suffers data breach caused by Kronos ransomware attack

Sensitive data on thousands of Puma employees stolen The impact of last year’s Kronos ransomware attack is still being felt, with sports equipment company Puma now confirming it has suffered a related breach. As reported by Bleeping Computer, Kronos filed a breach notification with several attorney generals’ offices earlier this month, which states that the […]

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Foreign Office was targeted by ‘serious cyber security incident’

In a tender document the department said it “was the target of a serious cyber security incident, details of which cannot be disclosed”. The Foreign Office was targeted by a “serious cyber security incident” according to a recently released public tender document. It is unclear what kind of incident targeted the department, nor is it […]

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Sepa continues to count cost of 2020 cyberattack, report says

The Scottish Environment Protection Agency fell victim to a sophisticated ransomware attack on Christmas Eve 2020. A key environmental body is still working to rebuild its computer systems more than 12 months on from a cyberattack which crippled its network, with the full financial impact of the incident still unknown, a report has said. The […]

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NCSC Warns UK Of Russian Cyberattacks Amid Ukraine Crisis

British firms urged to bolster cybersecurity resilience by the UK’s NCSC, as the Russian threat increases amid tense Ukraine standoff British organsisations have been warned to prepare their cyberdefences in light of the worsening geopolitical situation in the Ukraine. The warning from GCHQ’s National Cyber Security Centre (NCSC) makes clear the need for UK organisations […]

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More than a third of firms report fraud increase in 2021

Eight in ten mid-sized businesses in the Midlands experienced fraud in 2021, with more than a third (39 per cent) of companies reporting an increase on the previous year, according to a new survey from accountancy and business advisory firm BDO LLP. BDO’s Fraud Survey – which monitored fraud trends at 500 mid-sized UK firms […]

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Delayed pay: Umbrella company cyber attacks disrupt salary payments to thousands of contractors

Thousands of contractors across the UK are anxiously waiting to see if their payroll cycles will be disrupted for a second week, after two of the umbrella industry’s biggest players were targeted by cyber criminals Thousands of contractors across the UK are facing a second possible week of payment delays, following separate cyber attacks on […]

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Data on 500k “Vulnerable People” Compromised in Red Cross Cyber-Attack

Charities and humanitarian organisations are becoming “highly attractive” targets due to the sensitive data they hold. Information on more than half a million people has been exposed following a “sophisticated” cyber-attack onthe International Committee of the Red Cross (ICRC). In a statement on 19th January, the Committee confirmed the cyber-attack, which targeted and compromised an […]

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