BIS Cyber Risk developments aim to build UK Capacity in SME's

In March 2013, the UK Department for Business, Innovation and Skills issued a “Call for Views and Evidence”  that built on the commitments made in the 2011 Cyber Security Strategy published by government.

The Call for Evidence focused on the intention of government to encourage the adoption of industry led standards that can be used by organisations to  improve the management of cyber risk. The particular focus of this work stream, that is part of a series of connected developments across business and government, was centred on the needs of SME companies.

CRIF looks for improvement in risk management for Cyber

Cyber Risk & Insurance Forum
The Cyber Risk & Insurance Forum (CRIF) has taken major steps towards raising awareness of the benefits of cyber insurance and the need for UK business to better understand their exposure to cyber risk.

CRIF has developed first drafts of their cyber risk matrix, and cyber risk and privacy framework which can be found on its new website, which also houses a cyber insurance risk survey. CRIF is urging businesses to participate in the survey, the results of which will be presented at a launch event in Q3 2013. 

Shaping Cyber Risk management for the UK | are you playing your part?

Can you help create a framework for Cyber Risk management for the UK?
The Department of Business, Innovation and Skills (BIS) is looking at how to help business improve its management of Cyber Risk through a process of industry engagement that is trying to identify how standards can be used in this process. 

Cyber Risk Insurance Forum

Cyber Risk and Insurance Forum (CRIF)
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New ISO cybersecurity standard published.


This new ISO standard (27032:2012) will help ensure safety of online transactions and personal information exchanged over the Internet, and protect your computer when browsing any Websites.

We nearly all rely on the Internet for all kinds of day to day activity in our business and personal lives, from sharing important work files to paying our bills and cybersecurity has become a key concern for all of us. A new ISO standard, ISO/IEC 27032:2012, Information technology – Security techniques – Guidelines for cybersecurity, will make cyberspace safer.

Japan To Form Cyberdefense Unit

TOKYO (Nikkei)--The Ministry of Defense is moving to assemble a team to protect the nation's computer systems against organized attacks by international hackers.
Japans actions follow continued growth in the threat of organised attacks and the action taken by other countries around the world.

Serious Crime Chief warns of Cyber crime threat

SOCA e-crime chief wants closer realtionship with business to combat cyber threat

Serious Organised Crime Agency (Soca) Head of e-crime, Sharon Lemon, is warning that cyber crime is so widespread it features in nearly every criminal investigation.

The Continuity Forum and City Police just a week ago broadcast the same warnings at the IT security threat briefing held in conjunction with IBM.

Lemon said that computer technology was extensively used by criminals and it was vital that each of the UK's police forces had the ability to tackle it. She said: "It needs more awareness and in the year 2008 e-crime is not a specialist crime anymore, it is something that is spreading out to take in all of organised crime. "These people find each other over the internet, they use encryption to protect their data. It is about making sure that everybody in law enforcement understands that e-crime is part of their daily business."

Thousands targeted by computer hacker

US Hacker strikes thousands in the UK 

THOUSANDS of computers in the UK have come under attack from a hacker in the US stealing credit card details and personal information. The Metropolitan Police's Computer Crime Unit has launched an investigation into material recovered on an American computer found to contain personal data accessed using a computer virus. 

More than 2,300 computers in the UK are thought to have been targeted and some 83,000 files affected. Email addresses and other confidential data have been recovered, including passwords, credit card numbers and information about on-line transactions. 

Phishers devising new techniques

SC Magazine

The number of conventional phishing attacks dipped slightly last month but the amount of crimeware designed to steal personal data increased, according to the Anti-Phishing Working Group (APWG). There were 14,135 phishing attacks reported to APWG in July, down from 14,135 in June.

The number of phished brands also dipped to 71 last month, from 74 in July, as attackers shifted from targeting large companies to smaller financial institutions, APWG researchers reported. The number of malicious keylogging applications designed to steal passwords grew to 174 in July, up from 154 in June while the number of password-stealing URLs grew to 918 from 526.

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