Second Insurer Has Cited ‘War Exclusion’ To Avoid Payout Over NotPetya

It has been reported that a second insurer has cited ‘war exclusion’ to avoid payout over NotPetya. Multinational law firm DLA Piper is in a dispute with its insurer, Hiscox, in an echo of the Zurich Insurance refusal to pay out Mondelez – in both cases, the claims related to the NotPetya cyber-attacks with the insurers citing war exclusion clause.It claims that the NotPetya attack comes under an […]

Faking Tax Digital

VAT-registered businesses with a taxable turnover above the VAT threshold are required to use the Making Tax Digital service to keep records digitally and use software to submit their VAT returns from 1 April 2019. Many traditional family run firms, local shops, tradesmen and others – who have submitted Paper VAT returns for a generation or more are going to have […]

Android Users’ Security And Privacy At Risk From Ecosystem Of Pre-installed Apps

An academic study carried out by Universidad Carlos III de Madrid (UC3M) and the IMDEA Networks Institute, in collaboration with the International Computer Science Institute (ICSI) at Berkeley (USA) and Stony Brook University of New York (US), has concluded that Android users are woefully unaware of the huge security and privacy related threats that come […]

iOS 12.2 Patches Over 50 Security Vulnerabilities

Apple has released security updates for iOS, fixing 51 vulnerabilities in version 12.2 of the operating system.  Apple patches 51 security flaws – https://t.co/yvMSbXYZPbApple's update for iOS and macOS patches 51 holes, the more serious of which include bugs in Safari, Keychain and FaceTime.Naked… pic.twitter.com/33yZmRovpF — Cyber Crime Killers (@CyberCrimeKilla) March 27, 2019 Experts Comments […]

Norsk Hydro Loses $40 Million After Ransomware Attack

It has been reported that Norsk Hydro may have lost $40 million following last week’s ransomware attack. On a preliminary basis, the financial impact during the first week was estimated at between 300 million and 350 million Norwegian crowns ($35 million-$41 million).  Experts Comments Below: Oleg Kolesnikov, VP of Threat Research and Head of Securonix Research Labs at Securonix:  […]

A Tenth Of Organisations Say IT Security Budgets Are Falling

New survey data shows lack of security support from C-level executives and diminishing security budgets  Despite a recent report from Gartner stating that cybercrime is now costing the global economy $5.2 trillion, a new study from Outpost24, an innovator in identifying and managing cyber security exposure, has revealed that almost one in ten (9 percent) organisations say their IT security budget […]