Tag Archives: cyber security

Seven circles of approval: red tape is the main barrier for cybersecurity initiatives in industrial sector

The recent Kaspersky report ‘State of Industrial Cybersecurity in the Era of Digitalisation’ has revealed the main barriers that inhibit or delay implementation of industrial cybersecurity projects. The most common obstacles include the inability to stop production (34%), and bureaucratic steps, such as a lengthy approval process (31%) and having …

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Government and industry warned of cyber-security ‘blind spots’

Operational Technology (OT) networks are increasingly vulnerable to cyber-attacks as a result of ‘blind spots’ brought on by digital transformation and IIoT – a new report has warned. The report, published by Yokogawa UK and titled Industrial Cyber Threats: Processes & Protection for Industrial Control Systems, highlights the vulnerability of …

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Secure in the knowledge

They say knowledge is power. This is especially true when managing security remotely. As an unprecedented number of workers are now remotely accessing industrial production systems — in some cases from their own homes and private computers — security must be prioritised. Reinhard Mayr, head of information security and research operations at …

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Targeted attacks on industrial companies using Snake ransomware

According to Kaspersky ICS CERT data, a number of industrial companies are currently experiencing targeted attacks involving the Snake encryption ransomware. On June 8, 2020 issues were reported which affected the computer networks of Honda, a Japanese motorcycle and auto manufacturer, in Europe and Japan. Specifically, it was announced that Honda Customer Service and …

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Government invests £10 million to help make future technologies more secure

The government will provide £10 million over four years to develop groundbreaking cyber security technologies, Digital Secretary Oliver Dowden will announce later today at London Tech Week Connects. Nine grant winners have been revealed as the latest recipients in the government’s Digital Security by Design programme, which aims to help …

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UK manufacturing most attacked industry as cyber criminals continue to innovate and automate attacks

Cyber criminals are evolving their tradecraft with new innovations and increasingly automating their attacks, according to the 2020 Global Threat Intelligence Report (GTIR) launched today by NTT, a world-leading global technology services provider. In the UK and Ireland, Manufacturing became the most attacked sector representing almost a third of all …

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The countries most at risk of cyber-crime

The severity of cyber-breaches has become more and more intense in recent years. As a result, security experts at Specops Software sought to find out which (Western) European countries are the most cyber-insecure for citizens. To find out, Specops Software calculated which country is most likely to encounter cyber-crimes by …

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UK’s booming cyber security sector worth £8.3bn

The UK’s cyber security industry is now worth an estimated £8.3 billion, with total revenues in the sector up 46 per cent from £5.7 billion in 2017. The sector has seen significant growth in annual revenue and employment, as well as considerable investment in early-stage companies. The findings from the …

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Quiet please: two-thirds of industrial organisations do not report cybersecurity incidents to regulators

A recent Kaspersky survey has discovered that two-thirds of industrial organisations do not report cybersecurity incidents to regulators. Though remaining compliant in modern industrial business is a necessity and a driver for investment,there are many factors that influence how companies follow compliance rules. In a world where cybercriminals are using sophisticated attacks to breach industrial companies, …

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Industry urged to boost cyber defence investment

More than half of manufacturers have been the victim of cyber-crime, and a third of those have suffered some financial loss or disruption to business as a result, according to a new report. Manufacturing sector is the fifth most targeted for attack in 2019, behind government systems and finance. Yet …

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