Bank of England: Systemic Risk Survey Results – 2024 H1
Bank of England Systemic Risks for H1 2024 just published.
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Cybersecurity
TechRadar: VR headsets could be hacked in “Inception-esque” attacks — with attackers able to steal your data without you even noticing
Be very careful what you use a VR headset for. Hackers could, in theory, insert what they call an “Inception Layer” between the VR Home Screen and the VR User/ Server.
ITPro: Microsoft: The UK is woefully unprepared for future AI cyber threats
Organizations in the UK that incorporated AI tools within cyber security practices are twice as resilient to attacks as those that don’t.
Cybersecurity Dive: Financial services sees sharp increase in DDoS attacks as geopolitical tensions rise
Financial services sees sharp increase in DDoS attacks as geopolitical tensions rise.
TechRepublic: Top IT Skills Trends in the UK for 2024
AI, Cyber, Cloud and Data people are the most in demand with AI leading the way.
Wionews: Hong Kong firm loses over $25mn after employee’s video call with deepfake ‘chief financial officer’, others
Deepfake technology is becoming ever more sophisticated and convincing.
The Hacker News: Riding the AI Waves: The Rise of Artificial Intelligence to Combat Cyber Threats
The role of AI has evolved from being purely a defensive mechanism to a double-edged sword, wielded by adversaries as well.
Digit News: Will Quantum Computers Bring A ‘Cyber Armageddon?’
People think that this is far off in the future – but it may happen sooner than you think.
The Hacker News: 3 Ransomware Group Newcomers to Watch in 2024
The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases.
Financial Times: Cyber attacks reveal fragility of financial markets
Cyber attacks continue to increase in financial markets aimed now more at key infrastructure areas.