Cyber criminals are “outspending” businesses in the on-going cyber security battleground, according to cyber security software company

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Carbon Black, a cyber security software provider, has published research on the UK cyber security market which argues that cyber criminals are spending nearly a $1 trillion dollars a year on cyber attacks whereas businesses are spending a ‘mere’ $100 billion on cyber security solutions worldwide.

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Only 34% of UK citizens trust companies managing their personal information

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The glum figure comes courtesy of the ICO’s annual Original Benchmark Research programme. The annual audit of public perception on cyber security found that trust and confidence in businesses storing and using personal data had increased from 21% in 2017 to 34% in 2018. (more…)

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In Case You’ve been Living Under a Rock … Hackers Caused A Major British Airways Data Theft Disruption…

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British Airways recently announced a major data breach of their online and app-based platforms. The company stated: “We are investigating, as a matter of urgency, the theft of customer data between 22:58 BST August 21, 2018, until 21:45 BST September 5, 2018, from our website, ba.com, and our mobile app. The stolen data included personal and financial details of customers making bookings and changes on ba.com and the airline’s app. The data did not include travel or passport details. (more…)

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