The volume of ransomware attacks on UK organizations has doubled over the past year, a British spy chief has warned. Director of GCHQ, Jeremy Fleming, reportedly made the remarks at the Cipher Brief annual threat conference yesterday. “I think that the reason [ransomware] is proliferating — we’ve seen twice as many attacks this year as last year in the UK — is because it works. It just pays. Criminals are making very good money from…

Reported business email compromise (BEC) incidents have hit 4600 cases over the past 12 months, costing individuals and businesses £138m in losses, according to new figures from the UK’s National Economic Crime Centre (NECC). The government body is working with the National Crime Agency (NCA), City of London Police, banking group UK Finance and fraud prevention non-profit Cifas on a new campaign to raise awareness of the crime, also dubbed “mandate fraud” or “payment diversion fraud.”…

Welcome to our third quarterly review of security incidents for 2021, in which we take a closer look at the information gathered in our monthly list of cyber attacks and data breaches. In this article, you’ll find an overview of the cyber security landscape from the past three months, including the latest statistics and our observations. This includes year-on-year comparisons in the number of publicly disclosed incidents, a review of the most breached sectors and…

Ransomware – A truly frightening cyber security topic It’s October, and at McAfee we love celebrating spooky season. As McAfee’s Chief Technology Officer, I’m also excited that it’s Cyber Security Awareness Month. And while there are no fun-size candy bars, we do talk about some truly bone-chilling stuff when it comes to cyber safety. So gather round, as I tell you all about one of the scariest threats online, ransomware.  What is Ransomware? Ransomware is a form of extortion that happens when cyber criminals demand…

Ransomware – A truly frightening cyber security topic It’s October, and at McAfee we love celebrating spooky season. As McAfee’s Chief Technology Officer, I’m also excited that it’s Cyber Security Awareness Month. And while there are no fun-size candy bars, we do talk about some truly bone-chilling stuff when it comes to cyber safety. So gather round, as I tell you all about one of the scariest threats online, ransomware.  What is Ransomware? Ransomware is a form of extortion that happens when cyber criminals demand…

Stretched Clusters empower customers all around the world to bring their mission critical applications to VMware Cloud on AWS without compromising on availability or resiliency.  This powerful technology has been a cornerstone of VMware Cloud.  We previously announced a new low-cost entry to the service with the release of 4-Host Stretched Clusters.  Today we’re excited to announce the final iteration of our effort to make Multi-AZ resiliency available to customers of any size. Entry scale…

This week, NATO Defence Ministers released the first-ever strategy for Artificial Intelligence (AI) that encourages the use of AI in a responsible manner. Artificial Intelligence (AI) is changing the global defence and security environment, for this reason, NATO Defence Ministers released the first-ever strategy for this technology that promotes its development and use in a responsible manner. Below are NATO principles of responsible use of Artificial Intelligence in defence: Lawfulness: AI applications will be developed and…