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Business
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Written by Peter Warren
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Bought and published Evening Standard, January 7, 2005 and Computing
by Peter Warren and Michael Streeter
BRITISH firms could face a wave of costly litigation because of poor
computer and customer data security, according to a new survey.
Businesses believe it is a question of 'not if but when' they will be
dragged into court because of lost or damaged data arising from
hacking, fraud, viruses and human blunders.
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Business
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Written by Peter Warren
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Bought and published by Evening Standard, April 29, 2004
SOPHISTICATED online fraud, known as 'phishing', has cost UK financial
institutions at least £60m. Attacks are said to have cost three large
British firms £20m each in compensation for defrauded customers and in
upgrading their internet security.
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Business
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Written by Peter Warren
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Bought and published by London Evening Standard, April 22, 2004
BRITAIN'S banks are being forced to reveal potentially damaging details
about how often they have been attacked by computer hackers.
New international banking laws mean financial institutions must be more
open about their vulnerability to IT-related risks, including so-called
cyber attacks, so their insurers and auditors can gauge their
liability.
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