Search This Blog

Powered by Blogger.

Blog Archive

Labels

Showing posts with label UK. Show all posts

AI Developed to Detect Invasive Asian Hornets

 



Researchers at the University of Exeter have made an exceptional breakthrough in combating the threat of unsettling Asian hornets by developing an artificial intelligence (AI) system. Named VespAI, this automated system boasts the capability to identify Asian hornets with exceptional accuracy, per the findings of the university’s recent study.

Dr. Thomas O'Shea-Wheller, from the Environment and Sustainability Institute from Exter's Penryn Campus in Cornwall, highlighted the system's user-friendly nature, emphasising its potential for widespread adoption, from governmental agencies to individual beekeepers. He described the aim as creating an affordable and adaptable solution to address the pressing issue of invasive species detection.

How VespAI Works

VespAI operates using a compact processor and remains inactive until its sensors detect an insect within the size range of an Asian hornet. Once triggered, the AI algorithm aanalyses aptured images to determine whether the insect is an Asian hornet (Vespa velutina) or a native European hornet (Vespa crabro). If an Asian hornet is identified, the system sends an image alert to the user for confirmation.

Record Numbers of Sightings

The development of VespAI is a response to a surge in Asian hornet sightings not only across the UK but also in mainland Europe. In 2023, record numbers of these invasive hornets were observed, posing a significant threat to honeybee populations and biodiversity. With just one hornet capable of consuming up to 50 bees per day, the urgency for effective surveillance and response strategies is paramount.

Addressing Misidentification

Dr. Peter Kennedy, the mastermind behind VespAI, emphasised the system's ability to mitigate misidentifications, which have been prevalent in previous reports. By providing accurate and automated surveillance, VespAI aims to improve the efficiency of response efforts while minimising environmental impact.

What The Testing Indicate?

The effectiveness of VespAI was demonstrated through testing in Jersey, an area prone to Asian hornet incursions due to its proximity to mainland Europe. The system's high accuracy ensures that no Asian hornets are overlooked, while also preventing misidentification of other species.

Interdisciplinary Collaboration

The development of VespAI involved collaboration between biologists and data scientists from various departments within the University of Exeter. This interdisciplinary approach enabled the integration of biological expertise with cutting-edge AI technology, resulting in a versatile and robust solution.

The breakthrough AI system, dubbed VespAI, as detailed in their recent paper titled “VespAI: a deep learning-based system for the detection of invasive hornets,” published in the journal Communications Biology. This publication highlights the notable discovery made by the researchers in confronting the growing danger of invasive species. As we see it, this innovative AI system offers hope for protecting ecosystems and biodiversity from the threats posed by Asian hornets.


Safeguarding the NHS: Protecting Against Potential Cyber Attacks from China

 

Recent concerns have surfaced regarding the vulnerability of the NHS to cyberattacks, particularly from China. Reports indicate that Beijing-backed actors exploited software flaws to access the personal details of millions of Britons. As experts in cybersecurity, it's crucial to address these fears and provide insights into safeguarding against potential cyber threats. 

The prospect of a cyber attack on the NHS by hostile actors underscores the critical importance of robust cybersecurity measures. With the personal details of 40 million Britons potentially compromised, the stakes are high, and proactive steps must be taken to protect sensitive data and preserve public trust in the healthcare system. 

One of the primary concerns raised by these reports is the exploitation of software flaws to gain unauthorized access to personal information. Vulnerabilities in software systems can provide entry points for cybercriminals to launch attacks, compromising the integrity and security of sensitive data stored within NHS databases. 

Furthermore, the involvement of state-backed actors adds a layer of complexity to the threat landscape. Nation-state cyber-attacks are often sophisticated and well-coordinated, making them particularly challenging to defend against. As such, healthcare organizations must remain vigilant and adopt comprehensive security measures to detect and deter potential threats. To defend against potential cyber attacks from China or any other threat actor, the NHS must prioritize cybersecurity at every level. 

This includes implementing robust security protocols, conducting regular risk assessments, and investing in advanced threat detection and response capabilities. Additionally, healthcare professionals and staff members must receive comprehensive training on cybersecurity best practices to recognize and respond to potential threats effectively. By fostering a culture of security awareness and vigilance, the NHS can strengthen its defenses against cyber attacks and mitigate the risk of data breaches. 

Collaboration and information sharing are also essential components of an effective cybersecurity strategy. By partnering with government agencies, cybersecurity experts, and industry stakeholders, the NHS can stay ahead of emerging threats and leverage collective intelligence to bolster its security posture. 

While the prospect of a cyber attack on the NHS is concerning, it's essential to approach these threats with a proactive and informed mindset. By implementing robust cybersecurity measures, fostering a culture of security awareness, and collaborating with relevant stakeholders, the NHS can enhance its resilience against potential cyber threats and safeguard the personal data of millions of Britons.

Payments Watchdog Assessing McDonald's and Greggs Tech Outages

 

The payments watchdog is investigating the technical failures that have caused havoc at a number of high-profile outlets over the past week. 

Greggs became the fourth large company to experience IT issues, after McDonald's, Tesco, and Sainsbury's. The Payments Systems Regulator (PSR) stated that it was reviewing the incident. 

"The PSR is aware of the recent payment issues and is assessing their nature to determine whether any further action is needed," the company noted. 

The PSR is the UK's economic regulator for payment systems, ensuring that they perform effectively for individuals who use them. If it discovers an issue with the payment system's resilience, it can refer the matter to the Bank of England.

These systems are receiving a lot of attention following a string of technological issues that prevented users from making purchases.

Sainsbury's was unable to fulfil most online food deliveries on Saturday due to complications with an overnight software update, which also affected contactless payments in shops. Tesco also had to cancel a "small number" of orders. 

The day prior, McDonald's locations worldwide were unable to accept orders owing to a "global technology system outage".

On Wednesday, bakery company Greggs became the latest major retailer to experience IT system failures at several outlets. Experts have suggested that the failures may be linked due to their near proximity, possibly through a shared network or payment infrastructure provider. 

The CEO of the IT company Evolve, Alan Stephenson-Brown, stated that the many failures served as a timely reminder that even large corporations aren't immune to IT troubles. 

“The retailers would have lost millions of pounds. This highlights that digital disruption is a principal risk for many retailers. Ensuring contingency planning is in place is vital," Mr Stephenson-Brown added. 

The possibility for disruptions and vulnerabilities will increase as firms rely more and more on digital transactions, according to Jamil Ahmed, an engineer at the transaction provider Solace.

"The brick and mortar retail industry is facing a crossroads. Customers, accustomed to the constant uptime and reliability of online shopping, are demanding the same flawless digital experience from physical retailers," Ahmed said.

Lancashire-Based Scamming Group Jailed in £500k Charity Fraud

 

A group of charity scammers who pretended to be grocery store bucket collectors and deceived the public out of at least £500,000 have been imprisoned. 

By pretending to be collectors for children's charities such as Children In Need, Great Ormond Street Hospital Children's Charity, The Children's Society, The Christie Charitable Fund, and Mind, the group of fake collectors took advantage of the goodwill of the public. 

David Lavi, 47, who was identified as the main con artist, contacted charities and requested permission to collect money on their behalf using their logos and brand names. The gang used banners, fake ID badges, and Pudsey Bear costumes and set up booths and stalls in supermarkets. 

Preston Crown Court was informed that although the gang collected at least £500,000, they only contributed less than 10% to the charity.

Judge Andrew Jefferies KC stated that he could only surmise the total amount pocketed by the gang and that some cash deposits were made with charity as police began to investigate.

"This was a huge betrayal of trust. You all took advantage of public goodwill and, in some cases, private grief," the judge told Levi and his co-defendants as he handed down his sentence. 

The court heard how Levi and his crew of fraudsters duped stores into allowing collections under false pretences. 

The imposters are believed to have claimed approval from head office or charity administrators and threatened to report an employee to their national office if they were not allowed. 

Lancashire Police launched an inquiry in May 2017 after Children In Need referred the case to Action Fraud. Officers raided Levi's house and business in Lytham, Lancashire, in June, and recovered various phones, iPads, and charity items. 

Detectives subsequently built the case using financial, telephone, and cell-site data, as well as surveillance of some of the collections themselves. 

Levi was sentenced to five years in prison on Thursday for fraud and money laundering. Following his release on parole, he will be subject to a five-year serious crime prevention order. 

"When people donate to a charity, they rightly expect that their money will go to supporting good causes, not lining the pockets of greedy con men like David Levi and his gang," Detective Chief Inspector Mark Riley said following the sentencing. "They have exploited peoples' goodwill and honesty to the tune of thousands of pounds, and I'm pleased that we have been able to bring them to justice.”

UK and South Korea Issue Joint Advisory Over North Korea-Linked Cyber Assaults

 

The UK and South Korea have issued warnings that cyber attacks by North Korean state-linked groups are becoming more sophisticated and widespread.

The two countries' cyber security and intelligence agencies have issued a new joint advisory urging organisations to strengthen their security measures in order to minimise the risk of their systems being compromised. 

According to the UK's National Cyber Security Centre (NCSC), which is part of GCHQ, and the South Korean National Intelligence Service (NIS), hackers have been leveraging previously unknown vulnerabilities and exploits in third-party software in their supply chains to gain access to an organisation's systems. 

Both agencies expressed concern that such assaults on the software-based supply chain pose a particularly major threat because a single initial breach can affect a number of organisations and lead to subsequent attacks, resulting in greater disruption or the deployment of ransomware.

The joint advisory warns that organisations should take measures to safeguard themselves as these kinds of attacks, which are backed by North Korea, are likely to escalate. 

Paul Chichester, NCSC director of operations, stated: “In an increasingly digital and interconnected world, software supply chain attacks can have profound, far-reaching consequences for impacted organisations. 

"Today, with our partners in the Republic of Korea, we have issued a warning about the growing threat from DPRK (North Korea) state-linked cyber actors carrying out such attacks with increasing sophistication.

“We strongly encourage organisations to follow the mitigative actions in the advisory to improve their resilience to supply chain attacks and reduce the risk of compromise.” 

President Yoon Suk Yeol of South Korea is currently on a state visit to the UK. This joint advisory marks the first time the NCSC has issued a warning of this nature without collaboration from other Five Eyes agencies in Australia, Canada, New Zealand, and the US. 

This is not the first instance that hackers have targeted their enemies. In 2017, North Korea launched a cyberattack on global hospitals, businesses, and banks. And in 2014, its hackers reportedly targeted Sony Pictures in retaliation for a satirical film about their leader, Kim Jong Un.

UK Notifies Nuclear Power Plant Operator About Cybersecurity Weakness

EDF, the company responsible for operating multiple nuclear power facilities in the United Kingdom, has come under increased regulatory scrutiny concerning its cybersecurity practices. 

This heightened attention signifies an escalation of the regulatory oversight initiated the previous year. According to the annual report from the UK's chief nuclear inspector, EDF failed to fulfill its commitment to deliver a comprehensive and adequately resourced cybersecurity improvement plan.

A spokesperson from EDF acknowledged that cybersecurity is a continually evolving concern for all organizations and emphasized their commitment to ongoing enhancement of their management processes, with the aim of eventually returning to standard regulatory scrutiny. The spokesperson also asserted that EDF's current measures pose no risk to the safety of their power stations, recognizing the significance of information security and the associated risks linked to data loss.

There is currently no concrete evidence of successful cyberattacks on British nuclear power plants. Nonetheless, earlier this year, the Intelligence and Security Committee (ISC) of the UK Parliament issued a warning regarding China's widespread cyber operations, including targeting endeavors in the civil nuclear sector. The ISC revealed that Chinese threat actors had infiltrated the computer networks of energy sector companies, with the primary focus on the non-nuclear segment, driven by China's domestic energy demand.

The specific reasons behind this new wave of regulatory scrutiny, as first reported by The Ferret, have not been disclosed to the public. EDF, a provider of energy to over five million residential and business customers, generated over £8.7 billion in revenue in 2021 but did not provide a comment when requested.

As detailed in the UK's civil nuclear cybersecurity strategy, the National Cyber Security Centre (NCSC) threat assessment highlighted ransomware as the most likely disruptive threat. While a ransomware attack on the IT systems of a nuclear power plant could disrupt its operations, these systems are designed with multiple fail-safes to prevent radiological accidents.

While cyberattacks on the operational technology systems of power plants are uncommon, they are not unprecedented, with the Triton malware in Saudi Arabia in 2017 serving as a notable example. Whether the suspected Russian actors behind such an attack could potentially circumvent the fail-safe mechanisms preventing an explosion remains unknown.

According to the UK government's National Risk Register, a cyberattack targeting the computer systems controlling a nuclear reactor might necessitate a controlled shutdown as a protective measure. While the register did not cite a risk of radiological contamination, the disruption to energy production could be protracted due to the stringent regulatory controls in place for nuclear safety and security.

Cyberattack Strikes Australian Energy Software Company Energy One

 

Energy One, an Australian company specializing in software solutions and services for the energy industry, has fallen victim to a cyber assault.

In an announcement made on Monday, the company revealed that the breach was identified on August 18 and had repercussions for certain internal systems both in Australia and the United Kingdom.

“As part of its work to ensure customer security, Energy One has disabled some links between its corporate and customer-facing systems,” Energy One said.

Energy One is actively engaged in an inquiry to ascertain the extent of the impact on customer-related systems and personal data. The organization is also committed to tracing the initial point of intrusion employed by the attacker.

Though detailed specifics about the attack are presently undisclosed, the company's official statement strongly suggests the possibility of a deliberate ransomware attack.

To facilitate the investigation, cybersecurity specialists have been enlisted, and competent authorities in both Australia and the UK have been informed about the incident.

According to a recent report by Searchlight Cyber, a British threat intelligence firm, malevolent actors have been peddling opportunities for initial access into energy sector enterprises globally, with prices ranging from $20 to $2,500.

Perpetrators of cybercrime can exploit various avenues, including Remote Desktop Protocol (RDP) access, compromised login credentials, and vulnerabilities in devices like Fortinet products.

Tech Giants Threaten UK Exit Over Privacy Bill Concerns

As US tech giants threaten to sever their links with the UK, a significant fear has emerged among the technology sector in recent days. This upheaval is a result of the UK's proposed privacy bill, which has shocked the IT industry. The bill, which aims to strengthen user privacy and data protection rights, has unintentionally sparked a wave of uncertainty that has US IT companies considering leaving.

The UK's plans to enact strict privacy laws, which according to business executives, could obstruct the free movement of information across borders, are at the core of the issue. Users would be able to request that their personal data be removed from company databases thanks to the unprecedented power over their data that the new privacy regulation would give them. Although the objective is noble, major figures in the tech industry contend that such actions may limit their capacity to offer effective services and innovate on a worldwide scale.

US tech giants were quick to express their worries, citing potential issues with resource allocation, regulatory compliance, and data sharing. The terms of the bill might call for a redesign of current systems, which would be costly and logistically challenging. Some businesses have openly addressed the prospect of moving their operations to more tech-friendly locations due to growing concerns about innovation and growth being hampered.

Additionally, some contend that the proposed measure would unintentionally result in fragmented online services, where users in the UK might have limited access to the platforms and functionalities enjoyed by their counterparts elsewhere. This could hurt everything from e-commerce to communication technologies, harming both consumers and businesses.

The topic has received a lot of attention, and tech titans are urging lawmakers to revisit the bill's provisions to strike a balance that protects user privacy without jeopardizing the viability of their services. An exodus of technology could have far-reaching effects. The consequences might be severe, ranging from employment losses to a decrease in the UK's status as a tech center.

There is hope that as conversations proceed, a solution will be found that takes into account both user privacy concerns and the practical requirements of the tech sector. The preservation of individual rights while promoting an atmosphere where innovation can flourish depends on finding this balance. Collaboration between policymakers, tech corporations, and consumer advocacy organizations will be necessary to find common ground.


With More Jobs Turning Automated, Protecting Jobs Turn Challenging


With the rapid trend of artificial intelligence being incorporated in almost all the jobs, protecting jobs in Britain now seems like a challenge, as analyzed by the new head of the state-authorized AI taskforce.

According to Ian Hogarth, a tech entrepreneur and AI investor, it was “inevitable” that more jobs would turn increasing automated.

He further urged businesses and individuals the need to reconsider how they work. "There will be winners or losers on a global basis in terms of where the jobs are as a result of AI," he said.

There have already been numerous reports of jobs that are losing their status of being ‘manual’, as companies are now increasing adopting AI tools rather than recruiting individuals. One recent instance was when BT stated “it will shed around 10,000 staff by the end of the decade as a result of the tech.”

However, some experts believe that these advancements in the job sector will also result in the emergence of new job options that do exist currently, similar to the time when the internet was newly introduced.

Validating this point is a report released by Goldman Sachs earlier this year, which noted 60% of the jobs we aware of today did not exist in 1940.

What are the Benefits?

According to Hogarth, the aim of the newly assigned taskforce was to help government "to better understand the risks associated with these frontier AI systems" and to hold the companies accountable.

Apparently, he was concerned about the possibility of AI posing harm, such as wrongful detention if applied to law enforcement or the creation of dangerous software that encourages cybercrime.

He said that, “expert warnings of AI's potential to become an existential threat should not be dismissed, even though this divides opinion in the community itself.”

However, he did not dismiss the benefits that comes with these technologies. One of them being the advancements in the healthcare sector. AI tools are not all set to identify new antibiotics, helping patients with brain damage regain movements and aiding medical professional by identifying early symptoms of diseases.

According to Mr. Hogarth, he developed a tool that could spot breast cancer symptoms in a scan.

To monitor AI safety research, the group he will head has been handed an initial £100 million. Although he declined to reveal how he planned to use the funds, he did declare that he would know he had succeeded in the job if "the average person in the UK starts to feel a benefit from AI."

What are the Challenges 

UK’s Prime Minister Rishi Sunak has set AI as a key priority, wanting to make UK to become a global hub for the sector.

Following this revelation, OpenAI, the company behind the very famous chatbot ChatGPT is all set to build its first international office in London. Also, data firm Palantir has also confirmed that they will open their headquarters in London.

But for the UK to establish itself as a major force in this profitable and constantly growing sector of technology, there are a number of obstacles it will have to tackle.

One instance comes from an AI start-up run by Emma McClenaghan and her partner Matt in Northern Ireland. They have created an AI tool named ‘Wally,’ which generates websites. The developers aspire to turn Wally into a more general digital assistance.

While the company – Gensys Engine – has received several awards and recognition, it still struggle getting the specialized processors, or GPUs (graphics processing units). They need to continue developing the product further.

In regards to this, Emma says, "I think there is a lack of hardware access for start-ups, and a lack of expertise and lack of funding.”

She said they waited five months for a grant to buy a single GPU - at a time when in the US Elon Musk was reported to have purchased 10,000.

"That's the difference between us and them because it's going to take us, you know, four to seven days to train a model and if he's [able to] do it in minutes, then you know, we're never going to catch up," she added.

In an email chat, McClenaghan noted that she thinks the best outcome for her company would be if it gets acquired by some US tech giant, something commonly heard from a UK startup.

This marks another challenge for the UK: to refocus on keeping prosperous companies in the UK and fostering their expansion.

"New Crypto Ad Rules: Mandatory 24-Hour Cooling-Off Period Introduced"

 


British consumers who purchase crypto assets from October 1st will be entitled to a mandatory 24-hour "cooling-off" period, to strengthen consumer protections. As a consequence, consumers will have a better chance of avoiding cryptocurrency scams. 

Reuters reports that the Financial Conduct Authority (FCA) has imposed updated marketing rules based on concerns raised regarding the lack of direct regulation of crypto assets such as bitcoin on a global scale, as a result of concerns raised about the lack of direct regulation. 

There will be a delay in the process of completing the transaction for new investors. Up to ten out of every ten adults in the UK own at least one form of cryptocurrency, according to government estimates. 

There could be serious consequences for owners of companies who fail to comply with the regulation, such as jail time, fines, or both. 

Specifically, the FCA's updated guidelines will eliminate "refer a friend" bonuses for crypto buyers, as well as require promoters to provide clear risk warnings and ensure that advertisements related to crypto assets are transparent, fair, and cannot mislead prospective buyers. 

The FCA worked on similar regulations last year to address advertising for high-risk investments in traditional finance. These regulations have been implemented as a result of those regulations. In the coming years, the US government plans on passing an updated financial services law that will regulate crypto assets. This is aligned with Britain's plans to regulate crypto assets by 2020. 

The rules, which are expected to take effect on 8 October, will apply to crypto assets, including digital currencies such as bitcoins. These assets have the qualities of being transferrable and fungible.  

It follows that the updated advertising guidelines will not cover the purchase of non-fungible tokens (NFTs), with the only exception being that they will be forbidden by the updated guidelines from being offered as incentives for crypto investments. 

A parliament committee reported last month that the characteristics of cryptocurrencies are "more closely related to those of gambling than the characteristics of financial services". In the past two years, GambCare, an organization that offers help people who are struggling with investing in cryptocurrency and other forms of online financial markets, has received more than 300 calls from people who need assistance. 

Following the passage of legislation by the government to give it authority over how digital assets are advertised, the Financial Conduct Authority is bringing these changes into effect. 

All crypto companies operating in the UK will be subject to the new rules and regulations. Those who break the rules will be subjected to a range of actions by the FCA, including removing them from their websites if they persist. 

Sheldon Mills, who is the executive director of the Consumers and Competition Bureau, said that its research revealed that “many people regret making a hasty decision.”

Due to the increasing complexity of the cryptocurrency landscape, introducing mandatory 24-hour cooling-off periods in cryptocurrency advertisements is a significant step towards protecting consumers and promoting responsible investment practices to keep them safe and secure. With the updated ad rules, potential investors are given more time for thoughtful consideration and research, therefore reducing the risk of impulsive decisions and assisting them to make more informed decisions. 

There is a need to reaffirm the commitment of regulators to striking a balance between fostering innovation and protecting the interests of individuals and organizations when it comes to regulating the exciting world of cryptocurrencies while monitoring the effectiveness of these measures.   

UK Mental Health Charities Imparted Facebook Private Data for Targeted Ads

 

Some of the largest mental health support organisations in Britain gave Facebook information about private web browsing for its targeted advertising system. 

The data was delivered via a monitoring mechanism installed in the charities’ websites and includes details of URLs a user visited and buttons they clicked across content linked to depression, self-harm and eating disorders. 

Additionally, it included information about the times visitors saw pages to access online chat tools and when they clicked links that said "I need help" in order to request assistance. Some of the pages that caused data sharing with Facebook were particularly targeted towards youngsters, such as a page for 11 to 18-year-olds that provided guidance on how to deal with suicidal thoughts. 

Details of conversations between charities and users or messages sent via chat tools were not included in the data sent to Facebook during the Observer's analysis. All of the charities emphasised that they took service user privacy very seriously and that such messages were confidential.

However, it frequently involved browsing that most users would consider private, such as information about button clicks and page views on websites for the eating disorder charity Beat as well as the mental health charities Mind, Shout, and Rethink Mental Illness. 

The data was matched to IP addresses, which are typically used to identify a specific person or home, and, in many cases, specifics of their Facebook account ID. The tracking tool, known as Meta Pixel, has now been taken down from the majority of charity' websites. 

The information was discovered following an Observer investigation last week that exposed 20 NHS England trusts sharing data with Facebook for targeted advertising. This data included browsing activity across hundreds of websites related to particular medical conditions, appointments, medications, and referral requests.

Facebook says it makes explicit that businesses should not use Meta Pixel to gather or distribute sensitive data, such as information that could expose details about a person’s health or data belonging to children. It also says it has filters to weed out sensitive data it receives by mistake. However, prior research has indicated that they don't always work, and Facebook itself acknowledges that the system "doesn't catch everything".

The social media giant has been accused of doing too little to oversee what information it is being supplied, and faced questions over why it would allow some entities – such as hospitals or mental health organisations – to send it data in the first place.

Capita Cyberattack Sees 90 Organizations Report Possible Data Breaches

 

The Information Commissioner's Office (ICO), the data watchdog, has stated that it has received around 90 reports regarding possible breaches connected to Capita. 

In the realm of data protection in the UK, the Information Commissioner's Office (ICO) takes on the role of a guardian. Its primary function involves enforcing laws that govern communication, networking, and the security of data. 

The ICO ensures that businesses and organizations adhere to these laws, with the aim of safeguarding individuals' personal information. Its most notable role is in upholding the EU's General Data Protection Regulation (GDPR). 

The ICO's primary objective is to ensure that businesses operating in the UK adhere to rigorous data protection principles, safeguarding individuals' privacy and personal information. Capita is a major supplier to UK government departments and is involved in various contracts within the private sector. 

These reports pertain to both the cyberattack that occurred in March and the recent discovery of an unsecured database. As per the information from the Information Commissioner's Office (ICO), it said that it is currently investigating two cyber incidents related to Capita. In March, Capita experienced a cyber attack that resulted in staff being locked out of Microsoft's Office 365 Productivity suite.

Although initially claiming no data was accessed, Capita later acknowledged that some data was exposed to malicious actors. Furthermore, it was confirmed that in the recent cyberattack on Capita, resulted in a breach of personal information of nearly 500,000 members of the USS lecturers' pension fund. 

Additionally, the ransomware group Black Basta has claimed responsibility for the breach. However, yet we are not informed about any ransom demands or payments, but Capita expects to face costs of £20m as a result of the incident. Furthermore, the Information Commissioner's Office further said that the exact count of companies impacted by the breach is currently uncertain. 

Capita provides services to a wide range of organizations, including the Ministry of Defense and the NHS in the public sector, as well as the Royal Bank of Scotland, O2, and Vodafone in the private sector. With over 50,000 employees, Capita holds substantial UK government contracts valued at over £8bn. 

The cyberattack has had an impact on various local councils in the UK. Barnet, Barking and Dagenham, Lambeth, and South Oxfordshire have all reported encountering issues due to the incident. Additionally, following the discovery of the unsecured AWS bucket, Colchester and Coventry city councils have come forward to acknowledge that their data may also be affected.

Fake Reviews and Subscription Traps to be Banned Under New Bill in UK

 

As part of the modifications planned under new rules, buying, selling, or hosting bogus reviews would become unlawful. The UK government's new Digital Markets, Competition, and Consumer Bill intends to benefit consumers while increasing competition among large technology corporations. 

The bill, which was filed on Tuesday, prohibits people from obtaining money or free items in exchange for writing flattering reviews. Firms would also be required to notify customers when their free subscription trials expire. Furthermore, the bill seeks to end the current market dominance of the tech titans.

Since 2021, the law has been in the works. Its creators have stated that they want to oversee the way a number of large tech businesses dominate the market - though none have been expressly named yet, and will be chosen following a nine-month assessment phase.

It makes no difference where they are located, and corporations headquartered in China will be included if they are judged to be in scope. The newly established Digital Markets Unit, which will be part of the Competition and Markets Authority (CMA), will thereafter be given special powers to open up a specific market based on the circumstances.

This may involve asking Apple to allow iPhone and iPad users to download apps from various app stores, or compelling search engines to share data. The CMA will be authorized to levy fines of up to 10% of global revenue for non-compliance, depending on the infraction, and will not need a court order to enforce consumer law.

The EU Digital Markets Act was created to address similar competition difficulties with large digital corporations.

The UK bill is fairly broad, and the CMA will have to:
  • deal with the large, worldwide issue of big tech's market dominance 
  • help customers manage subscriptions, and potentially extend the "cooling off" period so they can be stopped after one payment is made 
  • ensure platforms take "reasonable steps" to verify that product and service evaluations are authentic.
After successfully forcing Meta, Facebook's parent company, to sell the graphics animation firm Giphy after ruling that it would harm competition, the CMA demonstrated that a UK regulator can be effective when tackling what are likely to be predominantly US-based behemoths. Meta was disappointed, but it did comply.

According to Reed Smith lawyer Nick Breen, the expanded powers granted to the CMA under the new bill mean that "no one has the luxury of taking this lightly." The trade organization techUK's Neil Ross expressed hope that it would feature "robust checks and balances" as well as a fast appeals mechanism.

"The new laws we're delivering today will empower the CMA to directly enforce consumer law, strengthen competition in digital markets, and ensure that people across the country keep hold of their hard-earned cash," said Business Minister Kevin Hollinrake.

Following parliamentary approval, the new rules will be implemented as soon as possible, according to the Department of Business and Trade.


Chinese Gadget: A Potent Tool to Spy on UK Citizens

 

Our smartphones, the websites we visit, and CCTV cameras are harvesting invaluable data about our lives by tracking every move we make hundreds of thousands of times per day. A large portion of this data is stored in China. This idea is terrifying. 

The Chinese-owned video-sharing app TikTok has software that can access our most private information, according to a cybersecurity company's demonstration last week. It's the newest and most concerning illustration of how technology constantly monitors us, endangering both our civil freedoms and the security of the country.

According to Asian Light International, China is "weaponizing" microchips placed in smart bulbs, refrigerators, vehicles, and credit cards to spy on you. Three Chinese firms, Quectel, Fibocom, and China Mobile, already control 54% of the worldwide device market and 75% of the connection industry.

Clients of the three Chinese companies include Tesla Motors, Dell, Lenovo, HP, and Intel, as well as Sumup, a company that processes credit card payments. According to Asian Lite International, devices with modules include laptop computers, voice-activated smart speakers, smart watches, smart energy metres, fridges, light bulbs, and other appliances that can be operated via an app. They also include body-worn police cameras, doorbell cameras, and security cameras, as well as bank card payment terminals, cars, and even hot tubs.

The modules gather information and then broadcast it over 5G networks, allowing China to track the movements of intelligence targets like people, weapons, and supplies while also using the gadgets for industrial espionage. In the UK, there are already millions of them in use. 

A report by Charles Parton, a former diplomat who advised parliament on China, claims that "trojan horse" technology poses a "widespread" threat to Britain's national security. Parton worked in China, Taiwan, and Hong Kong for 22 years of his diplomatic career. He has provided China-related advice to the Foreign Office, the European Union, and the Commons Foreign Affairs Committee.

Senior MPs have expressed concerns about the "widespread presence" of cellular IoT modules, according to the report, which claims that ministers have entirely failed to comprehend the harm they bring. It urges ministers to act right away to prevent the sale of Chinese-made cellular IoT in the UK before it's too late. 

Charles Parton stated, "We are not yet aware of the hazard. China has recognised a chance to control this market, and if it succeeds, it will be able to collect a lot of data and compel other nations to depend on them." 

According to a report released on Monday by Washington-based consultancy OODA, the potential threat to national security posed by Huawei products used in mobile infrastructure is greater than the threat posed by Chinese-made components in mobile phone masts. As a result, the government has decided to outlaw these products. Cellular IoTs, or Internet of Things, are tiny modules that are employed in everything from advanced weapon systems to smart refrigerators to track usage and transmit information to the owner and frequently the manufacturer utilising 5G.

Espionage has a lot of potential. According to Asian Light International, the research recommends monitoring American arms sales activity in conjunction with artificial intelligence and machine learning to handle enormous amounts of data. In order to track visiting ministers during advance security sweeps, it can also be used to identify and address royal and diplomatic protection personnel. 

Even seemingly innocent uses of the equipment, like farm gear, might enable the Chinese identify weak points in Western supply chains, like low crop harvests, and subsequently undercut British providers. gaining market share, increasing reliance on Chinese goods in the West. The West would become totally dependent on China for the supply of the crucial component if China were allowed to establish a monopoly on the manufacture of the equipment, which is subsidised by the Chinese government to make them less expensive than Western competitors, according to Asian Lite International. 

According to the OODA report, government assets should be thoroughly audited to determine whether equipment needs to be replaced and that task be delegated to corporations working in sensitive industries like defence by the end of 2025.

Businesses are Furious Following the Royal Mail Export Chaos

 

About 50 of the total orders that Sean Fothersgill, the proprietor of the model car retailer Pendle Slot Racing, receives each day come from outside the UK. 

Those international orders have been sitting in a warehouse corner collecting dust for the past week. Following a crippling cyberattack, Royal Mail, which Fothersgill depends on for shipping, advised customers to stop sending items overseas on January 11. 

Businesses all over the UK are unable to send packages internationally as a result of the bug, which has angered customers who are demanding refunds and put businesses like Pendle Slot Racing, which sells Scalextric race cars, at risk of losing business to rivals. Royal Mail continued to ask customers not to submit new packages as it began moving a small number of export parcels as it tested "operational workarounds" on Wednesday.

The most recent source of annoyance for Royal Mail customers is the cyberattack. For online retailers like Asos Plc, sporadic strikes over pay and conditions in recent months disrupted deliveries during the Christmas shopping season. Currys Plc, an electronics retailer, switched from using Royal Mail to DPDgroup for small-box home deliveries in an effort to lessen the impact of the strikes.

Fothersgill, whose company is based in northwest England, said, "We've been in business for almost 30 years, but this has been the worst two months of dealing with the Royal Mail in all that time. We’re missing out on orders.” 

Royal Mail, the UK division of International Distribution Services Plc, has provided little information about the attack or a timeframe for when things will get better, which only serves to increase frustration regarding export deliveries. 

Simon Thompson, the chief executive officer, claimed before a House of Commons committee on Tuesday that there had been no data breach, but added that the company had been warned against discussing any finer or more specific aspects of the incident for fear of jeopardising the investigation. 

The backlog will cause additional delays even after Royal Mail starts shipping internationally, which will drive more customers to place their orders elsewhere. We had to hold back sacks of mail, and I'm currently looking at them, Fothersgill said. Only if they went on strike once more could things get worse. 

About 70% of the orders placed with Sam Cornwell's Solarcan, a Scottish Borders-based pinhole camera vendor, come from outside the country. Due to delays over the previous two months, orders had already been hurt before the suspension of international parcels crippled the company.

According to Cornwell, who called the situation an absolute catastrophe, "about 40 parcels are still missing." Customers are only able to show sympathy for a certain amount of time before they begin requesting refunds.

The Treasury of the United Kingdom Considers the Digital Pound Plan

 


Several proposals are being considered by the government, including the introduction of a "digital pound," according to the Treasury's economic secretary. 

According to Andrew Griffith, the UK intends to become a world leader in the cryptocurrency industry. 

There was a long way to go before the government would establish a system allowing stablecoins to be used wholesale for payment.  

As the name implies, stablecoins are designed so that their value is predicted over the long term based on assets such as gold or other traditional currencies. 

Rather than replacing cash and bank deposits, this currency is intended to sit alongside them for use by households and businesses. 

Technology with 'game-changing' potential

In a recent statement, Mr. Griffith told the Treasury Select Committee that he would launch a public consultation in the next few weeks. This consultation would cover the attributes of a digital pound. 

During the discussion on the FSMB [Financial Services and Markets Bill, which is currently being debated in Parliament], Griffith said that he wanted to establish a regime where stablecoins can be used wholesale as payment methods.  

Digital currencies are being developed or explored by central banks around the world. 

China, for example, has been seen as one of the front-runners in this global race for the digital yuan and is currently testing it in cities such as Beijing, Shanghai, and Shenzhen as part of their economic development plan. 

The European Central Bank took the first step towards the launch of a digital version of the euro in July 2021. It noted that the research phase would last for 24 months, following which the implementation phase would last for three years. 

Mr. Griffith told the committee that it was pertinent to emphasize embracing potentially disruptive technologies. This is especially true when such a vibrant fintech and financial sector is available on our doorstep. 

According to him, he would like to allow technological advancement to be a game changer. This will challenge and potentially turbocharge all of these industries within the financial sector. 

Protection of Consumers

In recent months, there have been increasing concerns about whether bitcoin or any other cryptocurrencies can ever be considered stable because of the "crypto winter," a rapid decline in the value of Bitcoin. Many public policy issues can be raised by it as well. 

As part of the public consultation, Britain will also unveil its first general approach to the regulation of crypto assets in the next few weeks. In recent weeks, consumer protection has come under heavy scrutiny in this sector, which could negatively impact consumers. 

The consultation will be the first stage in a long process of "research and exploration" and the Bank of England and the government will be working together to develop a detailed plan over the coming years. 

A recent report from the Royal Institution of Chartered Surveyors said that the UK has a 'strong financial reputation.' Therefore, it is more important to be right than to be first when it comes to regulating crypto. 

Griffith said that the project is envisaged as a long-term project.

Achieving the Right Balance 

There have been numerous developments lately regarding regulating cryptocurrency markets, one of them being enacted by the European Union. It is expected that the final approval of these regulations will occur within the next few weeks, and they will be put into effect in 2024. 

It has been suggested that the UK rules could be broader to include decentralized finance, enhancing transparency and benefiting everyone in the process. 

Griffith told the committee that what they want is a system that is operated in the right way and has a balance that helps it function. Furthermore, he has committed to holding "at least" six roundtables between the regulators and those in the crypto industry to enable the regulators to get a better feel for the industry. 

Earlier this year, Labour's shadow City Minister, Tulip Siddiq, explained how crucial it is for the Bank of England to explore the potential benefits of a Central Bank Digital Currency that would make it easier for banks to be more competitive. 

The Labour Party would take a concerned interest in attracting FinTech companies to the UK by establishing a regulatory framework that is designed to encourage innovation. This will enable them to harness advanced technologies safely. The Party would also seek to make Britain the homegrown start-up hub of the world through its ambitious plan.

New Zealand Government Launches Open Banking for Consumers

 

The New Zealand Government declared last month that open banking is coming to the island nation. This much-needed reform is the first step in making New Zealand's financial ecosystem livelier and more competitive. 

As the nation gets ready for this new banking model, it must learn a lot from what Europe and the United Kingdom have gone through, especially with regard to worries about governance and data protection. 

Advantages of open banking 

A consumer data rights (CDR) framework, a system for safely and securely transferring personal data across multiple service providers, facilitates open banking. It means that Kiwis will be able to compare mortgage rates and other financial products more readily. 

Open banking is gaining popularity around the world because it assists in the integration of new financial service providers into the financial ecosystem, making it more sustainable, efficient, nimble, and inventive. 

It allows people who have many accounts at different banks to view all of their transactions in a single interface using account aggregator software. The customer will subsequently be able to swiftly transfer funds between accounts. The same application, with the use of artificial intelligence, can assist customers in organizing their finances by recommending financial products with better rates and terms. 

Additionally, it enables small and medium-sized businesses to better monitor their cash flow, reconcile payments, and manage inventories. Business owners can also combine their financial information with their accounting service provider through open banking. 

Learnings from Europe 

But what can New Zealand learn from the experiences of those nations that have already implemented open banking as it enters this brave new world? There are two recent reports from the UK and Europe that demonstrate some of the process's benefits and drawbacks. 

The European Commission's amended Payment Services Directive 2 (PSD2) proposal included open banking in July 2013. Open banking is now a global endeavor, with the United Kingdom and continental Europe viewed as global leaders. There are at least 410 third-party providers in Europe alone. 

The UK's Competition and Markets Authority announced the findings of an investigation of their open banking experience in May 2022. The authority's examination revealed issues about corporate governance problems, late account delivery, conflict management, procurement, and value for money, as well as the need for human resource changes. 

The problems were mostly caused by governance failings at the Open Banking Implementation Entity (OBIE). The nine biggest banks in the UK were required to implement open banking, and the OBIE was tasked with monitoring their success. Because there were not enough checks and balances on the trustees' decision-making, too much authority was given to one of them. Internal controls and the risk management system were also deficient. 

The UK government has recognized the issue and is working to strengthen OBIE's governance structure. 

The European Commission recently held a public consultation on its 2013 directive as well as the commission's work on open banking. Because of worries about privacy, data protection, and digital security, the majority of respondents were hesitant to share financial information. There was a pervasive impression that they had little control over how their data was used. 

Giving service providers access to their data, according to 84% of those who responded to the public survey, poses security and privacy hazards. Furthermore, 57% of respondents stated that financial service providers who store their data only occasionally seek approval before sharing it with other financial or third-party service providers. 

Requirement of unambiguous regulations 

The European and British experiences demonstrate the challenges associated with open banking adoption and public perception. The two papers' concerns about governance and data security should be carefully considered by the New Zealand government. 

The development of an effective board oversight and risk management plan is critical. To foster trust and transparency, a consent management mechanism should be implemented. There should also be a high-level structure in place to monitor and supervise all data holders and users. 

The implementation of open banking in New Zealand should result in a power shift away from traditional banks and toward a thriving financial technology sector. It should also provide traditional banks the opportunity to innovate and become far more responsive to customer wants.

Nearly Half of UK Businesses Suffered Cyber-Assaults in the Past Year

 

The latest findings from the manufacturers' association Make UK and the security software and services company BlackBerry revealed that 42% of UK firms have experienced cyber-attacks in the last year. The survey found that 26% of respondents had significant financial losses as a result of an attack, with losses ranging from £50,000 to £250,000. 

According to the study, production halts were the most frequent impact of cyberattacks (reported by 65% of those impacted), followed by reputational damage (43%). The majority of those who were attacked, 74%, claim that strong cyber-security measures shielded their companies from any harm. 

The Cybersecurity: UK Manufacturing report, which was based on a survey of 112 businesses representing a wide range of sizes and industries, manufacturers face a variety of cyber-security risks, from straightforward employee mistakes to intricate targeted attacks. Maintaining legacy IT (45%), a lack of cyber-skills (38%), and granting access to outside parties for monitoring and maintenance (33%) are listed as the top three cyber-security concerns. 

The industrial Internet of Things (IoT) and Industry 4.0 are seen as the primary drivers of cyberattacks by nearly one in three organizations (30%). A little more than a third (37%) claim that their organizations’ reluctance to adopt new connected technologies has limited their ability to increase efficiency and stifled their ability to expand. 

Smaller businesses are frequently more susceptible to targeted cyberattacks, yet many do not provide staff training on cyber security. A formal cyber-security procedure is now in place for over two-thirds (62%) of manufacturers, which is an increase of 11% from a year ago. Over half (58%) have elevated this obligation to the board level, while a comparable percentage has given a senior manager responsibility for cyber-security. 

Businesses are exposed to increased cyber-security concerns as they use more digital technologies. Ninety-five percent of respondents said they thought their businesses needed cyber-security measures, and two-thirds said that importance had increased over the previous year. 

However, while implementing new technology to increase output, the majority (54%) have chosen not to take any further cyber-security precautions. Along with the cost of maintaining security systems, the initial outlay on cyber-security measures is considered the biggest obstacle (mentioned by 40% of businesses). 

Russia, followed by China, according to three-quarters (75%) of those polled as the biggest cyber threat to their companies. 38% of people worry about threats coming from the UK. 

“Digitisation is revolutionizing modern manufacturing and becoming increasingly important to drive competitiveness and innovation. While cost remains the main barrier to companies installing cyber-protection, the need to increase the use of the latest technology makes mounting a defense against cyber threats essential,” stated Make UK CEO, Stephen Phipson. No business can afford to ignore this issue and while the increased awareness across the sector is encouraging, there is still much to be done.

Apple and Google's Accused for Mobile Browser Monopoly Activities

The domination of Apple and Google in web devices and cloud gaming will be examined, according to the UK's authorities.

The Competition and Markets Authority announced on Tuesday that it is shifting forward on a market investigation it first suggested in June of how the companies regulate internet browsers for mobile devices and concerns that Apple restricts cloud gaming on its devices after receiving help in a public consultation.

The Competition and Markets Authority (CMA) found from market research conducted last year that they controlled the majority of mobile operating systems, app marketplaces, and web browsers.

If the 18-month study indicates an adverse impact on competition, the CMA may enforce modifications. However, the allegations are rejected by both businesses.

The authority announced on Tuesday that it is starting the investigation in part since the U.K. has put off giving its competition regulator new authority over digital markets, which is similar to what was recently passed in the European Union and which it claimed could help resolve those problems.

According to remarks released on Tuesday as part of the CMA's public consultation on its inquiry, some major IT rivals backed the investigation against Apple and Google. If nothing is done, Microsoft Corp. warned that Apple and Google's grip over its mobile ecosystems might pose growing challenges to the competition.






3D-printed guns: UK’s Latest Problem

 

Last month, officers from the Met's Specialist Crime Command discovered a suspected makeshift 3D firearm factory at a home in London. 

The met stated the seizure was “one of the largest” ever conducted in the UK and, it demonstrates the emerging threat of 3D firearms in the country. 

“The raid was part of an operation involving officers from the Met’s ‘Operation Viper’ team, who lead on developing firearms intelligence. This operation demonstrates how we continue to relentlessly target those who attempt to put lethal firearms on the streets of London,” commander Paul Brogden stated.

The discovery comes as some experts also warn of a growing threat. Matthew Perfect, head of the National Firearms Targeting Centre at the UK's National Crime Agency (NCA), says the latest 3D weapons are "stuff that you definitely, wouldn't want to see on the streets in the UK. These are automatic weapons. These are weapons that are capable of multiple rounds of discharge.” 

At present, the 3D printed components only form some of the parts needed to make a gun, at most 80 to 90% of the weapon, Mr. Perfect added. Key metal components such as the barrel typically have to be manufactured in more traditional ways. And the guns still require ammunition. 

John Maytham speaks to professor of criminology and public policy at the University of Brighton, Peter Squires, about the growth of 3D-printed firearms in the UK and the threat that they pose within the illicit firearm market. 

Rajan Basra, a senior research fellow at the International Centre for the Study of Radicalization at King's College London, says the situation in the UK impersonates a trend visible around Europe. While most violent extremists will prefer established weapons, printed guns are an alternative for those who can't obtain illicit firearms. 

“They're popping up all over Europe and police in the UK are intercepting them and burning them in London and Manchester. This is something that we thought was a slow-burn issue and that it would constitute a serious threat in years to come but suddenly they're turning up in real-world in both components and fully fabricated firearms,” Basra stated. 

Designing and owning homemade firearms, including 3D-printed guns, is banned in EU nations. In the UK, for example, the Home Office Guidelines of Firearm Licensing Law were updated in 2013 to specifically criminalize the manufacture, purchase, and sale of 3D-printed guns and gun parts. The first known conviction in the UK for producing a fireable 3D-printed gun came in 2018.