#cyber-security

#cyber-security

The Cyber Security and Resilience Bill (CSRB) aims to ensure critical services, including healthcare, water, transport and energy, are protected against cyber attacks, which cost the UK economy almost £15bn a year.

UK prime minister Sir Keir Starmer cleared out the officials in charge of tech and digital law in a dramatic cabinet reshuffle at the weekend. Former work and pensions secretary Liz Kendall has replaced Peter Kyle as science, innovation and technology secretary and will take over responsibility for the controversial Online Safety Act, which has drawn criticism with regard to privacy and censorship. Starmer was forced into the reshuffle after Angela Rayner resigned as deputy PM amid a media frenzy over her tax affairs - specifically, she underpaid stamp duty on a property.

"Disaster recovery must be viewed as more than a compliance checkbox; it's a business viability issue," says Darrel Kent, field CTO for storage and recovery at GigaOm.

"The only non-hackable database is no database at all," says Iain Corby, of the Age Verification Providers Association.

The chief executive of Co-op confirmed all 6.5 million of its members had their data stolen in a cyber-attack in April. She stated, 'I'm devastated that information was taken.' There was no financial data, only names, addresses, and contact information that was lost. Despite the attack, she expressed that she would not step down and offered an apology for the incident.

"Cloud spending is growing fast - exponentially for some - and it's holding businesses back from investing in growth and innovation," said James Kretchmar, global CTO of the cloud technology division at Akamai Technologies.

Cyber security is more important than ever, protecting individuals, businesses, organizations, and governments from a wide variety of digital threats, cyberattacks, financial losses, and data breaches.

"It's an agreement that recognises our value...as a huge client of their organisation, and how important their technology is to help us deliver changes to public services, to make them more in touch, more in tune and better value for money for taxpayers."

Application security is critical in a digital world, with security testing like SAST and DAST being essential for identifying vulnerabilities and enhancing security postures.

"It is clear from HMRC's explanation that the crime against HMRC was only possible because of earlier data breaches and cyber attacks."

Scammers stole £47 million from HMRC by fraudulently accessing taxpayer accounts using phishing tactics. This sophisticated identity theft scheme targeted over 100,000 accounts.

Starmer has vowed to spend 3% of the UK's gross domestic product (GDP) on defence, saying it will help make Britain 'battle ready'.

"Pervasive malware like DanaBot harms hundreds of thousands of victims around the world, including sensitive military, diplomatic, and government entities, and causes many millions of dollars in losses."

"I don't think these are necessarily quick changes to make, but there is cyber risk if and when those changes are made," said Christina Powers, cyber security partner at West Monroe.