ZDNet: It seems that every tech security vendor is talking up 'zero trust' as an answer to increasingly dangerous cyberattacks, but UK cybersecurity experts warn customers its definition is a bit slippery and they should proceed with caution.
The Irish Times: US financial services group State Street is to establish a new global cybersecurity and technology unit in Kilkenny, which will see the creation of 400 new jobs.
Sky News: The thresholds set for the mandatory reporting of cyber incidents across the energy, transport, health, water, and digital infrastructure sectors are so high that few if any incidents are actually being reported to government.
IT Pro Portal: Phishing may be the most common cybersecurity threat in the UK, but it could be only a matter of time before ransomware snatches the crown, a report from cybersecurity firm CybSafe suggests.
Beta News: Analysis by CybSafe of incidents reported to the UK's Information Commissioner's Office (ICO) shows that ransomware attacks made up 22 percent of all reported cyber security incidents in the first half of 2021. This is up from 11 percent in the first half of 2020.
Bleeping Computer: The Security Service of Ukraine (SBU) took down a network of cryptocurrency exchanges used to anonymize transactions since the beginning of 2021. Over 1,000 "customers" used the clandestine exchanges to launder funds received from Russian electronic payments processors, including Yandex.Money, Qiwi, and Webmoney.
FT Adviser: Abrdn's head of adviser platforms has said the company's acquisition of AI-driven investment business Exo Investing will benefit advisers.
Tech Crunch: U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse.
Sky News: The London-headquartered private equity firm is to be wound up following a months-long dispute between its three principals and controversy over its ownership of the surveillance technology provider NSO Group, Sky News learns.
CBS News: Following a slew of high-profile ransomware attacks, the Biden administration has formed a multi-agency government task force aimed at curtailing malicious, state-sponsored cyber activity and hardening the nation's cybersecurity defenses, as more and more of American critical infrastructure migrates online.
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