Cybercrime

A charter on cyber security that identifies 10 action areas has been signed by nine organisations in the technology industry at the annual Munich Security Conference on international security policy that is attended by world leaders, foreign ministers and defence representatives

http://www.computerweekly.com/news/252435215/Tech-industry-signs-cyber-security-charter

Improving security one step at a time

https://www.ncsc.gov.uk/blog-post/not-perfect-better-improving-security-one-step-time

Organisations are facing the highest levels of cyber attacks in both number and sophistication as automated swarm attacks increase, a cyber threat report reveals

http://www.computerweekly.com/news/252435382/Businesses-face-unprecedented-volume-of-cyber-attacks

Businesses need to take the economic impact of cyber crime more seriously, say researchers, with the cost of cyber crime now up to 0.8% of global gross domestic product (GDP) or $600bn a year, a study has revealed.

http://www.computerweekly.com/news/252435439/Economic-impact-of-cyber-crime-is-significant-and-rising

Crown Prosecution Service gives undertaking to Lauri Love that it will not appeal against a court decision not to extradite him to the US – but prosecutors are seeking leave to appeal over part of the court ruling on extradition procedure

http://www.computerweekly.com/news/252435304/Lauri-Love-can-stay-in-UK-prosecutors-will-not-to-appeal-extradition-refusal

As cyber criminals concentrate on targeted, strategic, money-making attacks, they are likely to use GDPR fines as leverage to extort money from organisations

http://www.computerweekly.com/news/252435351/Strategic-cyber-criminals-likely-to-capitalise-on-GDPR

The UK has attributed to Russia the NotPetya malware that caused significant disruption globally, based on an assessment by the NCSC

http://www.computerweekly.com/news/252435114/UK-Foreign-Office-minister-condemns-Russia-for-NotPetya-attacks

IT services firm Atos is investigating a potential security breach in response to reports that employee credentials were found in malware used to target the Winter Olympics

http://www.computerweekly.com/news/252435131/Atos-investigates-breach-linked-to-Winter-Olympics-cyber-attack

The discovery of an exploit of a zero-day vulnerability in the Telegram messaging app demonstrates that not all “secure” apps are automatically safe

Incidents of malware being used to illegally mine cryptocurrency are being investigated by technical experts at the NCSC.

https://www.ncsc.gov.uk/news/ncsc-statement-malware-being-used-illegally-mine-cryptocurrency