Dixons Carphone says 10 million accounts may have been hacked
(Reuters) — Some 10 million Dixons Carphone records containing personal data may have been accessed in a 2017 cyber attack, the British electronics and mobile phone retailer said on Tuesday, boosting an earlier estimate of 1.2 million.
It was the second major cyber attack in three years on the company, which has about 22 million customers in the U.K. and Ireland. It apologized to customers on Tuesday and said that an investigation into the hacks was nearly complete.
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Chili's Discloses Data Breach Exposing Payment Card Information
Restaurant chain Chili's is the latest retailer to report a data breach involving point of sale (PoS) security.
Brinker International, which operates over 1,600 Chili's restaurants globally, announced the data breach on May 12, after becoming aware of the security incident the day before. The company did not reveal how many customers have been impacted by the breach, though it did state that payment card information was stolen over a two-month period.
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Natural Catastrophes Dominate 2018 Marine Risk Landscape
Business interruption (BI) and cyber incidents interlink as the major threat for companies globally in 2018, according to the insight of 1,911 risk experts from 80 countries in the Allianz Risk Barometer 2018. However, for marine and shipping companies, natural catastrophes (34 percent), including storm, floods and earthquakes, takes the top spot – up from number four in 2017. BI tied with cyber incidents (31 percent), for the second spot followed by theft/fraud/corruption (27 percent) and fire/explosion (25 percent) to round out the top five business risks in the maritime sector for 2018. These incidents illustrate the complex nature of insurance risks as most are closely intertwined in complex loss cases.
Tech giants warn local firms of increased Cyber attacks
Financial institutions, government agencies and key industrial sectors of the economy in the country should prepare for a massive exploration of Cyber crimes as 2018 unfolds.
According to the director of Cloud strategy at giant technology firm Microsoft Rudiger Dorn, the year is likely to see an increase in phishing- where hackers obtain account details of employees or individuals through credit cards and banking details to commit a Cyber crime.