Financial Conduct Authority warns asset management industry facing cyber risks

The asset management industry suffers from a lack of expertise and preparedness with regard to cyber security, and is risking “serious harm to its clients” and the wider market, the Financial Conduct Authority (FCA) has warned. In a multi-firm review of Read More …

IoT Flaw Allows Hijacking of Connected Construction Cranes

An attacker can send spoofed commands to the crane’s controller. A connected construction crane, from Telecrane, has a vulnerability that would allow cyberattackers to intercept its communications and take the equipment over. The internet of things (IoT) continues to add Read More …

Cyber security threat to Britain’s oil and gas sites as attack could cause ‘unprecedented damage’

Brian Lord OBE says a successful attack on its infrastructure could cause “unprecedented damage” and “unrest across the world”. With a complex ecosystem of computation, networking, and physical operational processes spread around the world the industry has a large attack Read More …