Read Cognosec’s round up of relevant news and happenings within the industry this week.
In the news this week…
Business failing to prepare for GDPR
According to the Financial Times, businesses are failing to prepare for EU rules on data protection. The article states that companies operating in Europe are dramatically underestimating the impact of the new EU General Data Protection Regulation (GDPR) that comes into force next May and are failing to prepare adequately for it. The piece goes on to highlight why GDPR is being implemented and the consequences for organizations if the rules are not adhered to. According to the article there have been 27 data breach incidents among European Tier 1 banks in the last decade.
Data of 200m US citizens exposed
According to an article by BBC News, personal details of nearly 200 million US citizens have been accidently exposed by a marketing firm contracted by the Republican National Committee. The article states that the exposed data included birthdates, home addresses, telephone numbers and political views of 62% of the US population. The information was available on a publicly accessible Amazon cloud server for an unknown period of time. At present, it is believed the company’s systems have not been hacked.
WannaCry strikes again
Automotive manufacturer Honda was forced to briefly shut down a plant following the discovery of WannaCry ransomware on its network, says Infosecurity Magazine. The discovery at its Sayama plant occurred weeks after the initial attack and a day after finding out that ransomware was present on its machines in Japan, North America and Europe. According to the publication, the firm had worked to patch systems against the threat when it emerged in mid-May.
Cyberattack said to be cause of Skype outage
On 21 June, Infosecurity Magazine stated that communications app Skype experienced an outage with some claiming it was the result of a cyberattack. Microsoft confirmed via Twitter that Skype was suffering connectivity issues, with some users unable to send or receive messages. According to International Business Times, hacker group CyberTeam claimed responsibility for the outage by means of a DDoS attack.
