Gardaí have reported a sharp increase in the number of invoice redirect and CEO fraud-style attacks on Irish businesses in the last few months. “We are getting a couple of cases every week now”, according to Detective Superintendent Pat Lordan, who said that both small and large companies are being hit for amounts ranging from €10,000 into the millions.Read more
In a move that is likely to shock corporations in Europe and beyond, the Information Commissioner’s Office (ICO) has fined British Airways (BA) just over £183 million, due to a 2018 data breach in which personal data belonging to 500,000 of its’ customers was compromised. The move marks the first large fine handed down to a company since the General Data Protection Regulation (GDPR) took effect in May of last year and, shockingly, was less than 50% of the maximum fine that the ICO could have set for BA.Read more
Irish companies are believed to be reporting less than 5% of cyber attacks to police, according to disparities between figure from the Garda cyber crime unit and reports from private cyber security companies. Detective Superintendent and Head of the Garda Nation Cyber Crime Bureau, Michael Gubbins, has said that brand damage and embarrassment are among reasons given by companies for the under-reporting of cyber crime to the Gardai.
Gardai believe that companies are afraid of brand damage, leading to a vast under-reporting of cyber crime to authorities.
Eir is back in hot water again with the Data Protection Commissioner after the company issued a statement stating that it had lost an unencrypted staff laptop containing the details of 37,000 Eir customers. Eir has said that the data contained names, email addresses and customer account number, but that no financial details were compromised in the breach.
Eir is no stranger to data breaches, and has reported having multiple laptops with customer data lost or stolen in the past
Harvey Norman, the retail giant with 13 stores in the Republic and a further two stores in Northern Ireland, has admitted to customers that it suffered a data breach through a third-party tool used on its website. “We wish to alert you to a data breach that has occurred in the systems of a third-party website service provider, Typeform, which has resulted in the unauthorised access to some Harvey Norman data,” the company said earlier this week in a statement.