Cybercrime

Online shopping has exploded in the past decade. In 2015, e-commerce accounted for 7.4 per cent of global retail sales. In 2020, this had grown to 18 per cent with projections of a rise to 21.8 per cent by 2024. This is good news for businesses, as online platforms are allowing them to reach new customers and drive more sales.

https://businessnewswales.com/is-your-e-commerce-business-growth-attracting-fraud/

Furniture Village orders have been delayed after it was hit by a cyber attack, although the retailer insists it's proactively contacting customers to reschedule deliveries. Meanwhile, shoppers should also consider changing online passwords and remaining alert for suspicious activity as Furniture Village is still investigating if personal information is at risk.

https://www.moneysavingexpert.com/news/2021/06/furniture-village-delivery-delay-cyber-attack/

Over 14,000 people reported their email or social media accounts were hacked last year. Have you secured your accounts properly?

https://www.emcrc.co.uk/post/how-to-keep-hackers-out-of-your-accounts

Palo Alto’s Unit 42 shares intel on the emergent Prometheus ransomware gang, with apparent links to the Thanos crew

https://www.computerweekly.com/news/252502169/Unit-42-warns-of-emergent-Prometheus-ransomware

There continues to be exponential growth in the use of ransomware as a criminal business model; recent specialist surveys revealed that there were nearly three times as many ransomware incidents in the UK in 2020 than in 2019, and the estimated global cost of ransomware could now be as high as £120 billion annually – the impact of this trend is driving a need for action.

https://www.pinsentmasons.com/out-law/analysis/how-to-prepare-for-a-ransomware-attack

The abrupt shift to remote working triggered by the pandemic has underlined significant cybersecurity threats for employers and employees alike.

https://www.legalfutures.co.uk/blog/has-the-shift-to-remote-working-increased-cybersecurity-threats

Social media has become a huge part of everyday life. As social media use becomes ever more prevalent for organisations seeking to engage with new and existing customers and for individuals as a private form of entertainment, the risk of revealing confidential or potentially harmful information increases.

Passwords have long been an archaic form of access security. A recent survey showed that one in 10 people would rather get a root canal or a filling than create a unique password for every online account they have. It’s not surprising to learn then that 50% of those surveyed reuse passwords and one in five have a core password that they adapt to meet brands’ password strength requirements.

https://www.finextra.com/blogposting/20366/why-covid-19-nfts-and-the-crypto-boom-have-accelerated-the-end-of-passwords

The personal data of over 100 million Android users may have been put at risk through a variety of cloud service misconfigurations

https://www.computerweekly.com/news/252501200/Lack-of-developer-attention-to-cloud-security-prompts-alerts

A major regional crime unit has been called in to Doncaster’s One Call Insurance after it was reportedly targeted by Eastern European hackers demanding a £15 million ransom after seizing customer details.

https://www.doncasterfreepress.co.uk/news/leaked-one-call-staff-messages-confirm-cyber-security-incident-as-major-crime-unit-called-in-3243731