Archives for News

Screen-sharing scams on the rise, watchdog warns

The Financial Conduct Authority (FCA) is warning people to beware of people posing as investment advisers and offering to help them set up new schemes via online meeting platforms. According to a BBC news report, scammers ask their victim to share the screen and enable remote access – which hands over control of their device and, potentially their bank account. About 2,100 cases have been reported to the FCA since July 2020 and more than £25m was stolen in the 15 months from January 2021. The FCA said the number of screen-sharing scams it had seen had risen 86% to
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UK companies urged to review cyber security levels following Russian invasion of Ukraine

The Russian invasion of Ukraine must, of course, be condemned. Our thoughts are with the people of Ukraine, an independent country. But here in the UK, we must be alert to the cyber security implications. As the invasion continues, it is extremely likely that Russia will step up cyber-attacks on countries who support Ukraine. The UK is on high alert and companies must ensure their security is sound. You must ensure that security and firewalls are correctly configured and that all security up-dates are activated. If you need support with this, please contact or help desk, support@ukbusiness.it Jeremy Fleming, the
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Microsoft warn all users to implement multifactor authentication (MFA) as phishing attacks evolve

Microsoft has reported a large-scale, multi-phase campaign that adds a novel technique to traditional phishing tactics. Rogue operators attach an attacker-operated device to an organisation’s network to further propagate the campaign. Microsoft say this second stage of the campaign is successful against victims that did not implement multifactor authentication (MFA), an essential pillar of identity security. Without additional protective measures such as MFA, the attack takes advantage of the concept of bring-your-own-device (BYOD) via the ability to register a device using freshly stolen credentials. In its initial stage, attackers steal credentials in target organisations, These are then leveraged in the
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Foreign Office’s old IT hampers UK’s Ukraine response

A failure to update IT services could be hampering the government’s ability to respond to the Ukraine issue. Insiders have warned that out-of-date IT systems are causing “chaos” within the Foreign, Commonwealth, and Development Office (FCDO). Despite a merger two years ago, employees who previously worked for the Foreign and Commonwealth Office (FCO) and the Department for International Development (DfID) are still working on separate security systems and different computer systems, according to The Guardian. Emails exchanged between people those who previously worked for either department are routinely flagged as spam, resulting in important messages being missed. The issues also impact video
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KP hit by ransomware attack

A well-known UK snacks company has warned of a possible shortage  of crisps and nuts after being hit by a ransomware attack. KP say popular snacks such as Hula Hoops, Skips, McCoy’s crisps and KP Nuts may disappear from supermarket shelves for around a month in a highly visible consequence of the IT hackers’ actions. A company spokesperson confirmed to Sky News that KP discovered a ransomware attack on Friday 28 January. In a letter to retailers, KP warned: “At this stage we cannot safely process orders or dispatch goods.” A statement released to the media said: “As soon as
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Microsoft Teams to provide bettter solutions for frontline workers who are always on the go

It can often be thought that everyone has the ability to work remotely. But surveys show many frontline workers have no access tools such as video conferencing. Now Microsoft is looking at ways of granting better access to its popular Teams platform to workers who are often on the move. Microsoft says that there’s been an emphasis on people working with easy access to a laptop and that’s been  invaluable for those who were sent to work from home when Covid-19 closed down many workplaces. But Jared Spataro, corporate vice president for modern work at Microsoft, said “at Microsoft, our
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Ransomware attack forced store closures in northern England

A cyber attack has hit more than 300 Spar convenience stores across the north of England, The attack targeted James Hall & Company in Preston, Lancashire, which operates Spar’s tills and IT systems. Some shops were closed. Others opened but were not able to take card payments with those remaining open taking cash only. The National Cyber Security Centre and Lancashire Police said they were both investigating. A spokesman for the former said: “We are aware of an issue affecting Spar stores and are working with partners to fully understand the incident.” A spokesman said: “We are working to resolve
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Companies predict a rise in Ransomware attacks in 2022

A majority of business leaders anticipate a rise in cyber-attacks in the coming year. Of those, 61% suggested ransomware in particular will pose a mounting threat. Ransomware is a type of malware which threatens to publish a victim’s personal data or perpetually block access to it, unless a ransom is paid. According to the National Cyber Security Centre’s 2021 annual review, for example, there were three times as many ransomware attacks in the first quarter of 2021 than in the whole of 2019. Now a study by PwC shows many companies are concerned about threats over the coming 12 months.
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Microsoft to stop updating One Drive on older operating systems

Microsoft  is advising customers to upgrade to Windows 10 or Windows 11 as it plans to stop updating One Drive on Windows 7, 8 and 8.1. First launched in August 2007, OneDrive is a file hosting and synchronisation service operating by Microsoft as part of its web version of Office. It enables Microsoft customers to access their files from the cloud on all their devices, from anywhere. Microsoft say the move will ensure that the company focuses its resources on new technologies and OS, providing users with the most up-to-date and secure experience. The OneDrive desktop app running on Windows 7, 8
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Is your IT under heightened threat thanks to hybrid working patterns following Covid-19?

The change in working patterns may leave your company IT more vulnerable than before. Information is beginning to emerge about how new patterns of working away from the office, largely sparked by Coronavirus lockdowns, are ramping up threats to company IT security. A new report from HP Wolf Security says businesses who deployed a hybrid working model risk having more Shadow IT connecting to their corporate network. With many unsanctioned end point devices and tools, and limited visibility, the risk of getting compromised grows. Surveying almost 8,500 hybrid-working employees, as well as 1,100 IT decision-makers, the report found almost half
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