Welcome To The Data Leak Lawyers Blog

Is “military-grade” cyber-security required to combat data breaches?

Data breaches are at an ‘all-time high’. In this modern world where most things are done electronically and are connected to the internet, without sufficient cyber-security, our data is exposed to cybercriminals who can steal our money, spread our personal information around, and wreak havoc with our identities.

Whilst many encourage development of new applications and innovative software to help us share information at a click of a button, and pay our bills with a swipe of a finger, cyber-security is falling behind.

With the growing trend of breaches, what can we do to fully protect ourselves? Do we all need “military-grade” protection like our armed forced and government intelligence agencies do?
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Cyber insurance surges in demand amidst growing concerns over cyber security

As cyber-crime continues grow, companies are recognising the need for cybercrime insurance.

The industry is reported to be worth around a staggering £7.7 billion. The demand is ever increasing as companies and authorities are finally starting to see the true impact cyber-crime can have. Entities of all shapes and sizes are being targeted by intelligent cyber criminals who have the programming skills to bring security systems down and access any number of data once thought safe.
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The bigger the company, the bigger the target for cyber-crime!

Companies need to start ramping up their security measures as cyber-crime continues to rise!

According to a survey carried out by the British Chamber of Commerce, the bigger the company, the bigger the threat when it comes to cyber-attacks.

Still reeling from the recent WannaCry cyber-attacks that threw 99 countries into panic, companies may be finally starting to turn to their security researchers to see how to defend themselves against such an attack in the future. We all know that the hackers will try again in the future: it’s not a case of if, but when…
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Data of 100,000 U.S. Student loan applicants hacked

Regulators have identified that up to 100,000 student loan applicants could have had their personal information stolen by hackers.

This comes after a “data retrieval tool” that allowed applicants to upload their tax information to the Free Application for Federal Student Aid (FAFSA), which was hacked by criminals. John Koskinen, head Commissioner for the IRS, has been investigating the ways in which the breach could have happened.
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The largest cybercriminal network this decade, Avalanche, has now been dismantled

After eight years of its existence, Avalanche Botnet has now been dismantled in a 4-year-long international operation.

On 30 November, German prosecutors and police – working hand in hand with the Department of Justice and the FBI in the U.S., the EU’s law enforcement agency and other global partners – managed to disembody the international criminal network involved in phishing attacks, bank fraud, and ransomware for years around the world.
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“Open data requires the same level of protection as private data” – Sir Tim Berners-Lee warns that not protecting open data could “create chaos”

There are fresh concerns that open data could “create chaos” as the father of the World Wide Web, Sir Tim Berners-Lee, warns that open data should have a public infrastructure, and requires the same level of protection as private data.

As the world continues to rely more and more on data that can be transferred in the blink of an eye, has he got a point?
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“Phishing messages sent to Red Cross blood donors” – Cyber attackers are trying to extract more sensitive data from the 1.3 million Red Cross data breach

Following ‘Australia’s largest data breach‘ where 550,000 Red Cross blood donors’ information was reportedly hacked, victims have found themselves to be at a potential risk of further hacking as criminals are reportedly attempting to steal patients’ details through a recent phishing scam.

These sorts of follow-up attacks are not uncommon – when people are at their most vulnerable after a cyber attack, it can be common for other hackers or criminals to jump on the situation to try and use the hack for further gains.
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Companies must not drop their security ‘A-Game’ – The rise in data breaches and cybercrime year on year

Businesses and organisations need to keep their ‘A-Game’ as reports show that data breach costs are sharply increasing.

If they do not want to be facing fines and costs for not providing adequate security to their customers, they must step-up.

In the growing digital era, it’s important that companies and organisations are equipped to fend off cyber hackers/attackers, as malicious techniques are used to gain unauthorised access to personal data.
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“Medical records are the new hot commodity” – The scale of healthcare hacks are massive, with some 10 million medical records reportedly for sale on the ‘dark web’

10 million medical records for sale on the so-called ‘dark web’ – that is frightening!!!

The scale of healthcare hacks seems to be on the rise, and it does not show any signs of slowing down at the moment.

This is a massive threat to data protection and privacy. Earlier this year, there was a record of 10 million medical records apparently for sale on the ‘dark web’ that were reportedly stolen from a big U.S. insurance company.
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“Security Breach that Cost TalkTalk £400k” – The major telecom company fined for the lack of security protection of customer accounts

Can you put a figure on stolen data? You can in terms of fines and compensation payouts.

Major U.K. telecom company TalkTalk has been fined £400,000 for the cyber-attack which happened in October last year. Up to 4 million customer details were thought to have been accessed, but it was later confirmed that around 157,000 accounts were directly accessed in the breach.
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