Hack Attacks on UK Businesses Cost Investors £42bn

 A typical FTSE 100 firm is worse off by an average of £120m after a hack or breach.

 

  • Risks relating to cyber security have risen to the top of the corporate agenda in recent years but few company leaders are aware of the full extent of the possible damage that data breaches can cause.
  • A new study commissioned by cyber security firm CGI and conducted by Oxford Economics, has found that companies’ share prices fall by an average of 1.8 per cent on a permanent basis following a severe breach – where large amounts of sensitive information are
  • This means a typical FTSE 100 firm is worse off by an average of £120m after a breach, according to the
  • Oxford Economics compiled the data using the Gemalto Breach Index – a register of publicly disclosed cyber security
  • Some 315 breach events were examined in total with a focus on 65 “severe” and “catastrophic” breaches occurring since 2013 across seven global stock exchanges. The analysis found that investors have lost at least £42bn due to severe public domain cyber security incidents since 2013.

Car Parking App Data Breach

Personal Data Breach of thousands of UK drivers revealed Car Parking App used by Councils

 

  • Thousands of parking payment app users have been put at risk of having their personal details breached.
  • The app allows drivers to register multiple cars and pay to park in locations across the country using unique numbers displayed on parking
  • But some users said they were locked out of their accounts or forced to change their passwords – while others weren’t able to remove their card details as a precaution because they couldn’t see them.
  • A spokesperson for Cobalt Telephone Technologies, creator of RingGo, said the company believed 600 people were directly affected, with 1400 other users potentially impacted by the glitch.
  • The spokesperson said: “We can assure customers that no usable payment card information was displayed – only the last four digits are
  • “Some personal data could have been visible, such as name, email, mobile, car registration, parking history and address (although for a large number of our users we do not hold any address information).

Smartphone Cameras Can Turn Against You

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How Can Smartphone Cameras Be Your Enemy?

smartphone-camera-4What if you get to know your smartphone is clicking pictures without giving you any signal? What if you come to know that your smartphone is sending those pictures to a stranger without notifying you? What if you realize that your smartphone camera is capturing moments when you thought it is off? It must be sounding quite horrifying for you, isn’t it? Well, these horrifying actions do take place due to some of the malware today that is specially designed for such activities. One of such infectious programs was only engineered for mapping of the building with the courtesy of photos and videos that are captured with the help of that malicious program.

smartphone-camera-2You can be filmed or imaged by the camera of your smartphone that it would be truly an embarrassment if they are publicized. These malware imposes some serious risks to your privacy, but, you can avoid such injurious programs leak your personal and confidential person and videos. People that give somewhat importance to the security of their privacy and scan their smartphones on regular intervals will keep them safe. The portable computing gadgets such Windows Phone are on the target of cyber criminals and crooks so that they need to be secured more carefully.

Portable computing devices such as a smartphone, there is a huge risk of getting hundreds of devices infect by just one device. A charging port of plugging the device into an infected computer will cause that gadget harm. The infected smartphone is likely to spill data than an ordinary computer due to its weak data security. In order to remain secure from such a program, you should avoid using each other’s data and stop plugging into PCs and laptops that are unknown. A smartphone is a great target to steal data from the online crooks and they often do that.

smartphone-camera-3You may have avoided downloading from any third party app store or not using apps that are doubtful. But, what if the developer of an app gets hit by hackers and release an update with a harmful feature. The program will get automatically updated and you will control the camera of your smartphone. You might be considering the issue of leaking images as a lighter one, but, it is indeed a big issue. Smartphones are not allowed to be carried in sensitive places as recording devices can never be trusted and they can betray their owner any time with, thanks to the hackers.

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smartphone-camera

One of the most sensitive, confidential and precious data stored on your smartphones must be images. Using Windows Phones that have the best camera results available now. The leakage of your personal memories will definitely hurt you, for the purpose use Secure Photo Gallery, so that your pictures and videos remain safe and secured. Other than that, if you are afraid that your camera can be hacked and handled remotely by a hacker, keep your phone in a pouch, a bag, in a cover or at a similar place so that it cannot record anything.s Sticking a small piece of opaque paper on the lens of a camera is not a bad option either.