2020 was a record year for online scams

During 2020, there were 15 times more online scams than in the previous year, a new report from the UK’s National Cyber Security Centre (NCSC) claims. Basing the report on the results of the organization’s Active Cyber Defence program, the NCSC claims to have mitigated more than 700,000 online scams last year, which includes 1.4 million URLs.  The program heavily …

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The UK saw a significant rise in cybercrime last year

The pandemic has been seized upon by cybercriminals everywhere, allowing them to leverage the exploding levels of fear and uncertainty to spread malware, steal money and sell valuable data on the black market. A new report from cybersecurity firm ESET analyzed the state of cybercrime in the UK for 2020, and uncovered an increase of 19.1 percent compared to the …

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The ICO dished out tens of millions in fines last year

The UK data protection watchdog issued dozens of fines last year to companies in breach of Privacy and Electronic Communications Regulations (PECR) and the Data Protection Act (DPA). According to a report from the Parliament Street think tank, the Information Commissioner’s Office (ICO) fined 17 companies a total of $58.8 million last year. The bulk of this sum ($27.7m) came …

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Global IT spending set for huge surge this year

In anticipation of greater economic stability this year, global IT spending is expected to rise by 8.4 percent. This is according to a new report from analyst house Gartner, which claims worldwide IT spending will hit $4.1 trillion in 2021. The source of funds for new digital business initiatives, Gartner believes, will generally come from business departments other than IT, …

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Cloud spending topped data centers for the first time last year

Businesses around the world spent more money on cloud infrastructure than they did on on-premise solutions for the first time last year, new figures have said. A report from market researchers Synergy Research Group claims enterprise spending on cloud-based solutions grew by another third (35 percent) in 2020, compared to the year before, adding that total annual spending has now …

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Majority of cloud users suffered takeover attempts last year

Most businesses using Microsoft’s Office 365 cloud productivity suite have faced multiple attempts to take over legitimate user accounts, highlighting the need to track and secure identities as they move from on-premise solutions to the cloud. This is according to a report from cybersecurity firm Vectra, which claims that 71 percent of Office 365 deployments suffered as many as seven …

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Business and productivity app downloads soared last year

The pandemic has driven a siginficant increase in business application downloads, especially among communication-based services, a report from mobile data and analytics firm App Annie suggests. According to the report, the number of business and productivity apps downloaded in 2020 was 7.1 billion. That’s up by more than a third (35 percent) compared to the year before. As expected, the …

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Healthcare firms saw a rise in ransomware attacks last year

Healthcare firms had a nightmare of a year in 2020, not just as a result of the pandemic, but also due to an increasing volume of cyberattacks, ransomware campaigns and data theft. A new report from cybersecurity vendor Netwrix claims healthcare organizations were targeted most frequently by phishing in the cloud (44 percent), ransomware (39 percent) and insider data theft …

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UK businesses spent big on digital transformation last year

Businesses spent big on digital transformation last year as a result of the pandemic and the spending spree is expected to continue in 2021, a new report from Twilio suggests. Based on a global poll of 2,500 enterprise decision-makers, as well as data from the Twilio platform, the report states that digital engagement was essential to business survival last year …

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UK faced millions of cyberattacks last year

The UK faced millions of Covid-19-related cybersecurity threats last year, but generally managed to mitigate attacks effectively, a new report from Trend Micro claims. According to the security firm, a total of 16.4 million Covid-19-related threats were recorded last year, with four percent (563,571) identified in the UK. The US suffered the highest volume of attacks by a significant margin: …

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