Last year, hackers attacked car giant Jaguar Land Rover (JPL), one of the U.K.’s biggest employers. The hack halted production for months and made a dent in the country’s economy. The damage was so severe that the U.K. government decided to bail out the company with a £1.5 billion (around $2 billion) payment, and estimates say the hack cost the British economy $2.5 billion.
For months, there was only speculation about who did it. Now, citing people close to the investigation, The New York Times reports that the hackers behind the breach were Russian, although it’s still unclear if they were working directly for Vladimir Putin’s government, were just criminals, or something in between, like criminals operating with the government’s tacit approval.
Read more…
Source: TechCrunch
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Investigatory Powers Act: Back doors, black boxes, and tech capability regs
May 8, 2017
The Home Office has launched an under-the-radar consultation on a critical step in the implementation of the Investigatory Powers Act (IP Act): the regulations on technical capability notices. The Open Rights Group has recently revealed details of the proposed regulations. Under the IP Act, a technical capability notice can be issued to a telecommunications operator by the secretary of state ...
- Debenhams Data Breach Affects 26K Customers, Payment Details Exposed
May 5, 2017
Personal data of up to 26,000 people was exposed due to a data breach affecting customers of Debenhams Flowers, the retailer’s florist arm. According to Debenhams, the site is actually operated by Ecomnova, which is a third-party supplier. Therefore, customers of other services it provides have not been affected in any way. On the other hand, Ecomnova ...
- Hundreds of Fake UK Bank Sites Exposed, Pose High Risk for Customers
May 3, 2017
Hackers have registered over 300 domains with names similar to those of several popular British banks, which they use to trick customers into handing over personal details or login data. According to DomainTools, a company handling domain names and DNS-based cyber threats, 324 such domains were discovered only in relation to banks in the United Kingdom, ...
- TalkTalk hack attack: Two men plead guilty to customer data theft
April 27, 2017
Two men have pleaded guilty to hacking into TalkTalk’s website in October 2015 and stealing thousands of customer records containing sensitive data. Matthew Hanley, 22, of Devonshire Drive, Tamworth admitted to three offences under the Computer Misuse Act. The Metropolitan Police said that he confessed to breaching TalkTalk’s site, had obtained files that would enable the ...
- Cardiff cyber security research centre ‘first in Europe’
April 24, 2017
A new research centre to tackle cyber attacks has been set up in Cardiff. Launching the Centre of Excellence in Cyber Security Analytics, Cardiff University and Airbus said it was the first of its kind in Europe. Their research will aim to protect corporate IT networks, intellectual property and critical national infrastructure. The university has also been awarded ...
- Kaspersky Lab to provide insurance policy holders with it forensics in cyber attacks
April 24, 2017
Kaspersky Lab will provide IT forensics and incident response services to Allianz Global Corporate Specialty SE (AGCS) cyber insurance customers in Germany, Austria and Switzerland. In a cyber crisis, businesses can now benefit from Kaspersky Lab’s expertise, helping them to limit the damage of security incidents through fast access to Next-Gen services and the ability ...