Category: Industry News

News and information from the Advent IM team.

Kronos hit with ransomware, warns of data breach and ‘several week’ outage

HR management platform Kronos has been hit with a ransomware attack, revealing that information from many of its high-profile customers may have been accessed. UKG, Kronos’ parent company, said the vital service will be out for “several weeks” and urged customers to “evaluate and implement alternative business continuity protocols related to the affected UKG solutions.” […]

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SPAR: Supermarket chain forced to close stores due to cyber attack

The supermarket chain SPAR has been forced to close a number of stores following a cyber attack. A spokesperson told Sky News that more than 300 stores had been affected by the incident, though some had avoided closing by switching to cash payments. The spokesperson explained that the cyber attack had impacted all of the […]

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Bank of Ireland fined €24.5m for business continuity failures

Bank of Ireland hit with multi-million euro fine by central bank following an investigation The Bank of Ireland has been hit by a multi-million euro fine by Ireland’s central bank after an investigation found it has not had a system in place that could ensure customer services in the event of an IT failure. The […]

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Cabinet Office fined £500,000 by ICO over New Year Honours data breach

Sir Elton John and cricketer Ben Stokes are among individuals affected by the breach The UK Information Commissioner’s Office (ICO) has issued the Cabinet Office with a £500,000 fine over a data breach that disclosed the personal details of more than 1,000 people listed for 2020’s New Year Honours. The ICO said its investigation into […]

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Facial Recognition Firm Facing £17m ICO Data Handling Fine

The company has been ordered to stop data processing after the ICO warned of a substantial privacy fine for the mishandling of collected facial data in the UK. Australian Facial recognition company Clearview AI is facing a £17 million fine for its mishandling on user data in the UK. The Information Commissioner’s Office (ICO) announced […]

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MI6 boss warns of China ‘debt traps and data traps’

MI6 chief Richard Moore has warned of China’s “debt traps and data traps” in his first live broadcast interview. Mr Moore – known as “C” – told BBC Radio 4’s Today programme these traps threatened to erode sovereignty and have prompted defensive measures. In a wide-ranging interview ahead of his first major public speech since […]

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Huge fines and a ban on default passwords in new UK law

The government has introduced new legislation to protect smart devices in people’s homes from being hacked. Recent research from consumer watchdog Which? suggested homes filled with smart devices could be exposed to more than 12,000 attacks in a single week. Default passwords for internet-connected devices will be banned, and firms which do not comply will […]

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GoDaddy Hacked, 1.2M Customers at Risk of Phishing Attack

Domain registrar GoDaddy has shared details of a serious security breach which saw the details of 1.2 million customers exposed. In a disclosure to the US Securities and Exchange Commission, GoDaddy’s Chief Information Security Officer, Demetrius Comes, shared details of the hack. Suspicious activity was discovered on Nov. 17 in the company’s Managed WordPress hosting […]

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Hackers targeted thousands of online retailers to steal credit card details

Over 4,000 online retailers have been warned that their websites had been hacked by cybercriminals trying to steal customers’ payment information and other personal information. In total, the National Cyber Security Centre (NCSC) has identified a total of 4,151 retailers that had been compromised by hackers attempting to exploit vulnerabilities on checkout pages to divert […]

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NCSC: Ransomware the Most Significant Cyber Threat Facing the UK

The National Cyber Security Centre says that ransomware is now potentially as harmful as state-sponsored espionage. According to the DCMS Cyber Security Breaches Survey published in March, 39% of all UK businesses (2.3m) reported a cyber breach or attack in 2020/21. The report revealed that the onslaught of ransomware attacks shows no sign in easing […]

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