Mexico: Cybercriminals steal at least 400 million pesos through unauthorized transfers

While the exact amount of stolen money and source of the cybercriminals are not known, the authorities have confirmed that no clients were affected. Cybercriminals infiltrated the Mexican financial system for several days at the end of April and stole nearly 400 million Mexican pesos (almost $20 million) from concentration accounts but not from private clients. It … More Mexico: Cybercriminals steal at least 400 million pesos through unauthorized transfers

£120,000 fine for university after details of 20,000 staff and students exposed in data breach

The University of Greenwich has received a fine of £120,000 because of the substantial damage and substantial distress caused by a security breach that exposed the personal information of 20,000 people. It’s called “Shadow IT”, and it’s a problem that has now cost a British university £120,000 (over US $160,000) following a serious security breach. … More £120,000 fine for university after details of 20,000 staff and students exposed in data breach

Cybersecurity training still neglected by many employers

While training employees will not guarantee complete cyber safety for companies, it could go a long way to making workers more cyber-aware. When it comes to wrapping a chain of defensives around an organization’s information systems and the valuable data that they process, it is often said that “employees are the weakest link” in that … More Cybersecurity training still neglected by many employers

Last call for GDPR

With the deadline fast approaching SMBs are reminded of what is required to become compliant. Benjamin Franklin famously once said, “By failing to prepare, you are preparing to fail” – a piece of wisdom that can be applied directly to any discussion on Global Data Protection Regulation (GDPR), a directive coming to force on May … More Last call for GDPR

Seven out of ten see criminal hacking as big risk to health, safety, prosperity

Recent survey shows hacking as a major threat to quality of life. Do criminals hacking into computer systems pose a risk to your health, safety, or prosperity? If you ask people this question, the answer is likely to be a resounding yes! Last month we put this question to 750 people in the US and … More Seven out of ten see criminal hacking as big risk to health, safety, prosperity