Jun 1, 2020

BREAKING NEWS: Easyjet Suffers A Cyber Attack

Cyber Security
Kayleigh Shooter
2 min
It has just been announced that the airline Easyjet has suffered a “highly sophisticated” cyberattack, but what happened?

The budget airline easyJe...

It has just been announced that the airline Easyjet has suffered a “highly sophisticated” cyberattack, but what happened?

The budget airline easyJet has said that the details of nine million customers have been “accessed” by hackers in a major cyber attack.

According to the low-cost carrier, there is no evidence that the data has been “misused”.

Out of nine million people whose data was exposed, the credit card details of just over 2,200 customers were also taken.

EasyJet has said that the online channels affected by the attack have since been closed, and that, other than the 2,200 identified, no other clients’ passport or card details had been shared.

“There is no evidence that any personal information of any nature has been misused, however... we are communicating with the approximately nine million customers whose travel details were accessed to advise them of protective steps to minimise any risk of potential phishing,” the airline said in a statement.

“We’re sorry that this has happened, and we would like to reassure customers that we take the safety and security of their information very seriously.

“EasyJet is in the process of contacting the relevant customers directly and affected customers will be notified no later than 26 of May.”

The airline added that it is working with the Information Commissioner’s Office (ICO) and National Cyber Security Centre to get to the bottom of the attack.

CEO Johan Lundgren added that easyJet, like other businesses, must “stay agile to stay ahead of the threat.”

He said: “Since we became aware of the incident, it has become clear that owing to Covid-19 there is heightened concern about personal data being used for online scams.”

The airline's flights have largely been grounded since the coronavirus pandemic resulted in travel restrictions being imposed around the globe.

It's not the first time an airline has suffered a serious cyber attack.

SOURCE: Independent 

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Jun 15, 2021

IT Employees Predict 90% Increase in Cloud Security Spending

Technology
Cloud
Cybersecurity
Investments
Elise Leise
3 min
Companies that took the initiative on cloud platforms are trying to cope with the security risks, according to Devo Technology’s report

As companies get back on their feet post-pandemic, they’re going all-in on cloud applications. In a recent report by Devo Technology titled “Beyond Cloud Adoption: How to Embrace the Cloud for Security and Business Benefits”, 81% of the 500 IT and security team members surveyed said that COVID accelerated their cloud timelines. More than half of the top-performing businesses reported gains in visibility. In fact, the cloud now outnumbers on-premise solutions at a 3:1 ratio

But the benefits are accompanied by significant cybersecurity risks, as cloud infrastructure is more complex than legacy systems. Let’s dive in. 

 

Why Are Cloud Platforms Taking Over? 

According to Forrester, the public cloud infrastructure market could grow 28% over the next year, up to US$113.1bn. Companies shifting to remote work and decentralised workplaces find it easy to store and access information, especially as networks start to share more and more supply chain and enterprise information—think risk mitigation platforms and ESG ratings. 

Here’s the catch: when you shift to the cloud, you choose a more complex system, which often requires cloud-native platforms for network security. In other words, you can’t stop halfway. ‘Only cloud-native platforms can keep up with [the cloud’s] speed and complexity” and ultimately increase visibility and control’, said Douglas Murray, CEO at cloud security provider Valtix. 

Here’s a quick list of the top cloud security companies, as ranked by Software Testing Help: 

 

What are the Security Issues? 

Here’s the bad news. According to Accenture, less than 40% of companies have achieved the full value they expected on their cloud investments. All-in greater complexity has forced companies to spend more to hire skilled tech workers, analyse security data, and manage new cybersecurity threats. 

The two main issues are (1) a lack of familiarity with cloud systems and (2) challenges with shifting legacy security systems to new platforms. Out of the 500 IT employees from Devo Technology’s cloud report, for example, 80% said they’d sorted 40% more security data, suffered from a lack of cloud security training, and experienced a 60% increase in cybersecurity threats. 

How Will Companies React? 

They certainly won’t stop investing in cloud platforms. Out of the 500 enterprise-level companies that Devo Technology talked to throughout North America and Western Europe, 90% anticipated a jump in cloud security spending in 2021. They’ll throw money at automating security processes and investing in security upskilling programmes. 

After all, company executives will find it incredibly difficult to stick with legacy systems when some cloud-centred companies have found success. Since moving from Security Information and Event Management (SIEM) offerings to the cloud, Accenture has saved up to 70% on its processes; recently, the company announced that it would invest US$3bn to help its clients ‘realise the cloud’s business value, speed, cost, talent, and innovation benefits’. 


The company stated: ‘Security is often seen as the biggest inhibitor to a cloud-first journey—but in reality, it can be its greatest accelerator’. 

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