Wake-Up Call For Businesses After NHS Hit With Ransomware Attack

Over the last 48 hours, news headlines have been dominated by the ransomware attack which has affected some NHS services and numerous other organisations around the world.

Ransomware is a form of virus that encrypts your files, making them inaccessible. The criminals behind the attack then demand a ransom payment in exchange for the decryption key that will restore access.

As with other types of virus, ransomware is typically spread via emails which spoof high profile brands.

All users are reminded not to click email hyperlinks or attachments unless you know the sender and were expecting the message. (more…)

30 Billion Reasons to Prioritise Cyber Security at Your Company

Two-thirds of UK organisations have not provided their employees with cyber security training, according to a recent survey from professional IT solutions firm, Ultima. What’s more, half admitted they are unprepared for an attack and, if an attack occurs, they have no recovery plan in place. This extensive negligence for cyber security is particularly troubling, as each UK organisation was subjected to 230,000 cyber attacks in 2016, according to research from internet service provider, Beaming. While not every attack was successful, the ones that were cost the UK economy approximately £30 billion in total losses.

The five most common and dangerous cyber threats to your organisation include the following:

1. Ransomware: A piece of malicious software that encrypts all of the data on an organisation’s network and can only be decrypted after paying cyber criminals a ransom.

2. Hacking: A cyber criminal will exploit an unpatched vulnerability within an organisation’s security software to access its data.

Follow These Simple Money-saving Tricks Every Time You Travel Abroad

Travelling abroad for work or holiday is already stressful without having to worry about money. While money may not be at the forefront of your mind while abroad, travelling can quickly become pricey. To avoid a nasty bill once you return home, here are some simple tricks to save money while travelling abroad:

1. Make sure to use a credit card for purchases. Under Section 75 of the Consumer Credit Act, consumers have extra rights for purchases between £100 and £30,000. If you use a debit card or cash, you are missing out on this protection.

Your Selfie Could Open the Door to Criminals

While social media can be a valuable tool for entertainment and communication, it can also open the door to crime. When you share pictures of your location or possessions on social media, you enable criminals to target you for criminal behaviour.

None of your social media posts are ever truly private. And can you really trust all of your ‘friends’ on social media networks? With that in mind, follow these tips to stay safe while enjoying social media: (more…)

How to Manage Rising Motor Insurance Rates

Motor insurance premiums have risen by an average of £110 within the last year, according to recent industry research. In fact, the average comprehensive policy
premium of £781 could pass £1,000 by 2018.

These changes stem from an adjustment to the Ogden rate, the upcoming rise to the Insurance Premium Tax from 10 to 12 per cent and more expensive technology in vehicles.

For the last 16 years, the Ogden rate, the rate used to calculate personal injury claim payouts, has been set at 2.5 per cent. Now, after a ruling by the Minister of Justice, the Ogden rate has been reduced to -0.75 per cent, resulting in more money for injury victims, but a higher bill for insurers. (more…)