Archives: News Stories
News and information from the Advent IM team.
Police Seize £1m From UK Hacker
- by Ellie Hurst
- Industry News
A Kent man sentenced last year to a decade behind bars for cybercrime and drugs offenses has been forced to hand over nearly £1m in cryptocurrency. Grant West, 27, of Ashcroft Caravan Park, Sheerness, did not contest the confiscation order, served at London’s Southwark Crown Court on Friday.
Read MoreCity of London Hit by One Million Cyber-Attacks Per Month
- by Ellie Hurst
- Industry News
The City of London Corporation has suffered nearly one million cyber-attacks each month for the first quarter of 2019, according to Freedom of Information (FOI) data obtained by Centrify. The security vendor wanted to find out more about the cyber-risks facing the local authority, which governs the part of the capital housing much of the […]
Read MoreMoviePass data breach leaves credit card numbers open
- by Ellie Hurst
- Industry News
Movie ticket subscription service MoviePass is the latest company to suffer a data breach after tens of thousands of customer card numbers and personal credit cards were left unsecured on a server that was not password protected. The exposed database was discovered by SpiderSilk security researcher Mossab Hussein who found it on one of the […]
Read MoreUK Boardrooms Falling Short on Cyber Expertise
- by Ellie Hurst
- Industry News
More than two-thirds (67%) of UK firms believe security concerns are holding back their efforts to grow through digital innovation, with many blaming a lack of engagement at a board level, according to Ernst & Young (EY). The global consultancy polled 175 C-suite executives at UK-based organizations, split fairly evenly between business (CEO, CFO, COO […]
Read MoreHealthcare faces triple cyber threat, says FireEye
- by Ellie Hurst
- Industry News
The healthcare sector faces a range of threat actors and malicious activity that can be grouped into three main goals, say researchers at security firm FireEye, who urge the industry to gear up to bolster its cyber defence capabilities.
Read MoreEurofins Ransomware Attack Led to Backlog of 20,000 Cases
- by Ellie Hurst
- Industry News
Police chiefs are warning of delays to investigations and court cases after it emerged that a ransomware attack on a forensic services firm led to a backlog of 20,000 cases. Eurofins Scientific, the largest provider of its kind in the UK, suffered the “sophisticated” attack back in June. The global tester, which handles around half […]
Read MoreCapital One management was alerted by staff of multiple security issues prior to data breach
- by Ellie Hurst
- Industry News
Capital One employees had reportedly informed the bank’s internal auditors and other senior executives about staffing and security issues before massive breach of the confidential data.
Read MoreLondon stock market suffers worst outage in eight years
- by Ellie Hurst
- Advent IM News
The London stock market seems to be trading normally now, after being stricken for more than an hour and a half. Every sector is higher, with telecoms, financial stocks and healthcare leading the way. But even so, investors didn’t need the drama, following the wild swings in asset prices we saw this week.
Read MoreICO Statement: Live facial recognition technology in King’s Cross
- by Ellie Hurst
- Advent IM News
Statement from Elizabeth Denham, Information Commissioner, on the use of live facial recognition technology in King’s Cross, London.
Read MoreEurofins Scientific: Cyber-attack leads to backlog of 20,000 forensic samples
- by Ellie Hurst
- Industry News
A cyber-attack on the UK’s biggest forensic services provider led to a backlog of 20,000 samples, the BBC has learned. Eurofins Scientific was targeted by a “highly-sophisticated” ransomware virus in June, which led British police to suspend work with the company. The National Police Chiefs’ Council (NPCC) is now clearing the backlog, which includes blood […]
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