Bank of England’s Systemic Risk Survey shows risk of cyber attack increasing for third time running

62 percent of respondents cite cyber risks, as firms ramp up efforts in new approach to security

London, 27 June 18 – The proportion of firms citing cyber attack as a key risk has increased for the third consecutive time in the Bank of England’s Systemic Risk Survey, released today. The survey highlights perceived risks to the UK financial system. Although overall confidence in the UK’s system has increased, the number of firms who perceive cyber attack as a risk has increased to 62 percent.[1]

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Family Fun Depot Open Weekend – London Transport Museum’s Depot, Acton – 7 and 8 July 2018

7 and 8 July 2018

 Kick off the summer at the Museum’s first ever summer Depot Open Weekend for young visitors and their families. Rarely open to the public, this July the Depot will throw open its doors, giving visitors the opportunity to see where the majority of the Museum’s vast collection is housed.

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Off-site wood construction is the future of building

Off-site wood construction is the future of building

Urbanisation is accelerating and creating pressure to increase housing construction. To answer this global challenge, construction needs to be quicker and more ecological. In Metsä Wood’s new video, Mikko Saavalainen, SVP, Business Development, and Juha Kasslin, VP, Product Management, explain what off-site wood construction has to offer.

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Popular US fast food chain hit by data breach

A popular chicken restaurant chain with several locations in central North Carolina said a “cyber-attack” by a “hacker” over an 11-month period took customer names and credit card info. PDQ restaurants, which primarily sell chicken, were hit by the “breach” between May 19, 2017, and April 20, 2018, according to a news release from the restaurant chain.

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Cyber espionage group weaponised secure USB drives to target critical systems

On Friday afternoon, Palo Alto Networks’ Unit 42 announced that it had discovered that the cyber espionage group, known as Tick, had targeted a specific type of secure USB drive created by a South Korean defence company. The USB drive and its management system have various features to follow security guidelines in South Korea.

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NCSC head warns of increased threat from N Korea and Russia

With the threat of cyber attacks on Britain’s critical national security infrastructure from the likes of Russia and North Korea soaring over the last two years, the UK’s head of National Cyber Security Centre has now recognised a greater financial threat posed from online attacks.  Commenting, ex-GCHQ employee and now founder and CEO of Immersive Labs, James Hadley, said:

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