Microsoft has released a patch for Windows 10 and Server 2016 after the National Security Agency found and disclosed a serious vulnerability. If the PC runs Windows 10 then you there is a need to download the latest update (released Jan 14) as soon as possible.
The flaw was found in a function of Windows 10 that verifies cryptographic trust. Called Microsoft CryptoAPI, the service lets developers secure their apps by using cryptography, encrypting and decrypting data via digital certificates. The bug is in Windows’ mechanism for confirming the legitimacy of software or establishing secure web connections. If the verification check itself isn’t trustworthy, attackers can exploit that fact to remotely distribute malware or intercept sensitive data.
The UK is the European country most attacked by cyber-criminals
The global economic damage caused by cyber-crime is predicted to reach US$6 trillion, by 2021, according to Cybersecurity Ventures. EC-MSP, a leading London-based IT company, gathered research to produce an infographic showing that the UK has fallen victim to 159 million stolen data records since 2013, more than any other country in Europe and ranking fifth in the world.
Research by IBM last year put the average cost of a data breach to UK businesses (excluding reputational damage) at £3.1 million. Cyber insurance firm Gallagher pt the total cost of cyber-crime to the UK economy in 2018 at £8.8 billion, up 31 percent on the previous year.
And within the UK, its capital and largest city, London, is by far the country’s primary focus for cyber-crime. Action Fraud, a task force run by the City of London Police, reported that cyber-crime victims lost £34.6 million between April and September 2018.
CPD Certified EU GDPR Data Protection Officer (DPO) Training Course
The General Data Protection Regulation (GDPR) comes into force on 25th May 2018.