The U.K. government recently embarked on a plan to create its own version of the EU's General Data Protection Regulation, but attorney Jonathan Armstrong says he is "pretty skeptical" that this second attempt at privacy reform will successfully make it through the country's Parliament.
Australian personal lending provider Latitude Financial Services disclosed to regulators on Thursday hacking incidents affecting more than 300,000 consumers. "Sophisticated" hackers made off with nearly 103,000 driver's licenses and an additional 225,000 "customer records," the company said.
The U.K. government says a new national agency will work with the private sector to stymie national security threats including foreign hackers after British intellectual property. In an update to British foreign policy, Prime Minister Rishi Sunak vowed to "push back" against China.
Britain's National Cyber Security Agency is examining TikTok to help the government finalize its decision to ban the Chinese video-sharing app from federal networks, the country’s security minister, Tom Tugendhat, revealed. The agency is looking into the app's ownership and security features.
The British government is proposing modifications to the European privacy law adopted as British law before the U.K. left the EU. Civil society groups warn that changes to the U.K. GDPR could lead to more surveillance. Some tech firms say the government is poised to increase its regulatory burden.
Chinese APT group Mustang Panda is deploying a previously unseen malware backdoor dubbed MQsTTang as part of a spear-phishing campaign targeting governmental organizations, specifically in Ukraine and Taiwan, security firm Eset says. The malware is currently being spread as RAR files, it adds.
In the latest weekly update, four ISMG editors share highlights of ISMG's upcoming Engage Toronto event and discuss how the U.S. Supreme Court may undercut the identity theft statute and how - despite tough economic times - vendor Wiz boosted its valuation by $4 billion in 16 months.
Threat actors actively targeting multinational clients of data center outsourcers and help desk providers in China and Singapore are posting stolen credentials for sale on data leak sites, and cybersecurity firm Resecurity says these actions could be part of a nation-state cyberespionage campaign.
High street retailer WH Smith reports that it suffered a hack attack that led to the exposure of current and former employees' personal data, but no exposure of customer data or website disruption. It's the latest big British business in recent months to suffer a data breach or ransomware attack.
The Australian government says it will centralize its approach to securing federal agencies by appointing a coordinator to head the new National Office for Cyber Security within the Department of Home Affairs. The appointment comes after back-to-back major data breaches.
In the wake of recent cyberthreats aimed at Australia's critical infrastructure, the country has adopted a new risk management program to strengthen its resilience and security in these key sectors. The new rules will help businesses prepare for, prevent and mitigate emerging threats.
The British government has proposed revisions to the country's main computer crime law - the 32-year-old Computer Misuse Act - to allow police to seize domains and compel data retention. While the government has promised to protect white hat hackers, it has yet to issue concrete proposals.
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
Negotiations between the LockBit ransomware-as-a-service gang and Royal Mail appear to have broken down shortly after a postal representative called the criminal group's $80 million extortion demand "absurd." A LockBit ransomware attack incapacitated Royal Mail's international shipping operation.
As ransomware continues to disrupt British organizations, the U.K. for the first time has sanctioned alleged cybercriminals, including accused Conti and TrickBot operators. Ransomware victims must conduct due diligence before paying any ransom, as violating sanctions carries severe penalties.
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