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UK funds new cybersecurity program for overseas firms
Not-for-profit IT security certification body CREST has won funding from the UK Foreign, Commonwealth & Development Office (FCDO) to boost cybersecurity maturity overseas. The launch of the Cyber Accelerated Maturity Programme (CAMP) comes as the government holds international talks on how to tackle the increasing threat of cyber attacks. And a subsequent report to be published by the end of…
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Australian Firms Lag in Global Digital Transformation Race
A disproportionately large portion of Australia’s local companies are struggling to keep up with the pace of global digital adoption and transformation, according to new data from the local arm of Accenture. The consulting firm found 40% of local companies fall in the bottom quartile of companies when ranked by their digital maturity level against global competitors in countries in…
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UK law firms are facing a torrent of cyber threats – here’s why
Cyber attacks against UK law firms have surged in the last year, according to new research from Lubbock Fine. A study from the business advisory firm found there were 954 successful attacks against organizations in the legal sector, marking an increase on the 538 recorded in the year prior. A key factor in this, the study noted, is that cyber…
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North Korean insider attacks are skyrocketing – dozens of US firms didn’t spot the hacker in their midst
Over 100 organizations have been targeted by North Korean hackers posing as legitimate IT workers to steal money and exfiltrate sensitive information, new research reveals. The threat campaign, operated by a group tracked as FAMOUS CHOLLIMA, involves posing as a locally-based IT technician or software developer, using stolen identities and deepfake technology to pass background checks. In its 2024 Threat…
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UK firms are stuck in an “AI pilot purgatory” – here’s how they can drive success
While most generative AI investments achieve a strong return on investment (ROI), organizations frequently get bogged down in ‘pilot purgatory’. New research from Google Cloud found seven-in-ten UK businesses are already seeing a positive ROI from generative AI for at least one use case, with between 32% and 45% saying they expect to achieve that within the next year. The…
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Cyber insurance claims are declining as firms take ransomware recovery into their own hands
While more organizations than ever have cyber insurance, the number of claims is falling as companies refuse to make ransom payments and tackle recovery themselves. According to Databarracks’ Data Health Check – an annual survey of 500 UK IT decision makers – two-thirds report having insurance specifically for cybersecurity in 2024, a figure that’s surged from 51% over the past…
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Tech execs pushed for a return to the office – now they’re backtracking amid a workforce revolt, with only 3% of firms asking staff to return full-time
Return to office (RTO) mandates have become a recurring flashpoint between businesses and staff, but only a small number of firms are still asking employees to return to the office full-time, according to analysis from Flex Index. Where 8% of organizations were enforcing strict return to office (RTO) mandates that demanded full in-person attendance last year, just 3% are enforcing…
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AI firms face setback in copyright battle with visual artists – Computerworld
“If an AI company profits from content based on someone else’s copyrighted material, they are obligated to share those earnings, possibly in the form of royalties,” said Prashant Mali, an advocate who specializes in data protection and cyber laws. “AI technology was never intended to be used freely at the expense of creators’ rights, and this ruling underscores the need…
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Chinese hacking groups target Russian government, IT firms
A series of targeted cyberattacks that started at the end of July 2024, targeting dozens of systems used in Russian government organizations and IT companies, are linked to Chinese hackers of the APT31 and APT 27 groups. Kaspersky, who discovered the activity, dubbed the campaign “EastWind,” reporting that it employs an updated version of the CloudSorcerer backdoor spotted in a similar…
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