Investigatory Powers Bill, TalkTalk hack and China cyber deals: The week in security

Investigatory Powers Bill, TalkTalk hack and China cyber deals: The week in security

TalkTalk is still making headlines following the “significant and sustained” cyber attack against its systems in October. The troubled firm has now revealed that over 150,000 customers were affected by the breach.

In other news, the draft Investigatory Powers Bill was announced this week by home secretary Theresa May. The drastic restructuring of the UK domestic spying apparatus was largely criticised by privacy and civil liberty groups.

Read on for the top security news of the week from V3.

TalkTalk hack: over 150,000 customers affected by cyber attack

talktalk-ceo-dido-harding

TalkTalk confirmed that 156,959 customer records were stolen in the attack on its systems last month. The firm admitted that the figure included 15,656 bank account numbers and sort codes.

Investigatory Powers Bill: Government wants web browsing data stored for a year

House of Parliament at night on River Thames

The UK government revealed the draft Investigatory Powers Bill, which included a restructuring of domestic surveillance and an overhaul of the powers available to police and government agencies.

The controversial bill, which was snubbed by the previous government after privacy concerns, detailed plans to force communications firms and internet providers to store metadata records for 12 months.

#BigDataSummit: Adopting big data analytics will help SMBs join the big league

Big data

Big data isn’t just for big business. That was the message from industry experts who claimed that big data analytics are perfectly suited for use in small to medium businesses despite barriers to entry and privacy concerns.

“There is something very counter-cultural about big data and small firms,” said Philip Powell, executive dean and professor of management at University of London.

UK-China cyber peace deal a ‘PR stunt’ that will do little to stop rising security threats

David Cameron and Xi Jinping

It’s an unspoken truth that every nation with the capability conducts cyber espionage. There are no innocent bystanders, and the escalation in cyber activities from the UK and the US to Russia and China is now of major concern to businesses and governments.

So perhaps unexpectedly, China has recently been extending the hand of compromise. Separate cyber security deals have been agreed in the past two months with the US, UK and Germany. China has apparently transformed from untrusted cyber threat to a potential best friend.

Investigatory Powers Bill: politicians, privacy groups and the public react

Liberal Democrat leader Nick Clegg

The draft Investigatory Powers Bill was released, explaining the potentially vast expansion of snooping powers that will be available to the police and intelligence agencies. V3 brought together the initial reactions of politicians, campaigners, civil liberty groups and social media to judge how well received the bill has been so far.

Nearly 2,000 Vodafone customers ‘open to fraud’ after cyber attack

vodafone-building-2015

Nearly 2,000 Vodafone customers were left “open to fraud” following “unauthorised access” to user accounts, the firm revealed. A total of 1,827 customers had their names, phone numbers and partial bank details exposed on an “unknown source external to Vodafone”. The firm maintained that its core systems were not breached.

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6 November 2015 | 3:57 pm – Source: v3.co.uk

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